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In the relatively shallow waters of the upper Gulf of California in Mexico a ghostly menace has driven the world’s smallest porpoise to the brink of extinction: gill nets. Only about 10 vaquitas remain and the outlook for the critically endangered species is bleak. Entanglements with lost and illegal gill nets used to catch totoaba,...
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Bitcoin has proven itself to be a risk asset, not a safe haven, with “considerable” potential upside, according to a Friday note from JPMorgan’s Global Quantitative and Derivatives Strategy team obtained by CoinDesk. Writing to clients in “Flows & Liquidity,” one of JPMorgan’s flagship publications, the authors said that characterizing bitcoin as a “risk” asset...
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COMMENT In response to Will Africa’s best shot at at Covid-19 vaccine be enough?, Mail & Guardian (12 October) Laura López González doubts that the only truly global vaccine-based solution to Covid-19, the Covax partnership, will reach those most in need because any intellectual property (IP) relating to eventual vaccines will remain with the organisations...
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Bitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off. Bitcoin (BTC) trading around $12,919.97 as of 20:00 UTC (4 p.m. ET). Slipping 1.36% over the previous 24 hours. Bitcoin’s 24-hour range: $12,731.06-$13,192.25. Bitcoin’s price had a minor pullback Friday after hitting fresh new 2020 highs that put it above $13,000...
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In 1983, the novelist Chinua Achebe published a short treatise called The Trouble With Nigeria. With characteristic acuity, his very first paragraph answers the question posed in the title.  “The trouble with Nigeria is simply and squarely a failure of leadership. There is nothing basically wrong with the Nigerian character. There is nothing wrong with...
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News this week that R3 and IBM are working together raised eyebrows, because each entity has been on different and competing sides since the early days of enterprise blockchain. From next month, the commercial version of Corda (the version big banks and the like are paying R3 for) will be made available via IBM’s LinuxOne...
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On Tuesday evening, as people moved online to stand in solidarity with peaceful #EndSars protesters who were attacked by heavily armed Nigerian security operatives at the Lekki tollgate in Lagos, Facebook and Instagram moved to flag users’ posts as fake.  “I got a notification from Facebook that what I wrote is not entirely true, that...
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Chinese officials are cracking down on tether trades. The CME bitcoin futures exchange is heating up, signalling institutional interest. And Kik’s kin token will continue development following a $5 million SEC settlement.  Top shelf Ripple, across the pondRipple CEO Brad Garlinghouse has given more insight on the company’s possible move away from the U.S., saying the legal...
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COMMENT Nigeria’s Special Anti-Robbery Squad (Sars) is notorious for extrajudicial killings, extortion and sexual abuse amongst other crimes. Almost every Nigerian will have a story to tell of being harassed by squad members. If you are poor, you are termed a criminal; rich, you are a yahoo boy, slang for internet fraudster.  The squad’s modus...
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Free money always makes the crypto world go mad, even if people don’t know what the new cryptocurrency will be worth or what it’s good for. The case is being proven out again with Circles, a blockchain-based universal basic income (UBI) project that launched Oct. 16 on Ethereum’s xDai sidechain. Founded by Martin Köppelmann of...
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