technology
Seven common mistakes crypto investors and traders make
Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them. Cryptocurrencies were designed to operate in a decentralized manner. This means that while they’re an innovative avenue for global peer-to-peer value transfers, there are no trusted authorities involved that can guarantee the security of your assets. Your losses are your responsibility once you take your digital assets into custody. Here we’ll explore some of the more common mistakes that cryptocurrency investors and traders make and how you can protect yourself from un...
Kenya Gets Sixth Submarine Internet Cable Worth $400-Million
Image sourced from bbc.com On Tuesday, Kenya launched its sixth submarine internet cable worth $400-million to offer high speed, lower latency, and broader bandwidth. According to Business Daily, the cable will connect Africa to France and Pakistan through the Europe-Asia route, providing direct connectivity to Asia, which is expected to reduce communication delays between Africa and Asia. The launch is also a partnership between Peace Cable and Telkom Kenya. The global Mobile Data Index reveals that Kenya has the most expensive mobile data in East Africa. However, the 15,000-kilometre cable is expected to create more flexible digital connection options, including high speeds of 200 Gbps per single wavelength with a total capacity of 192 Terabits per second, as well as stable and secure da...
Kenyans Spend More Time Listening To Radio Than Watching TV, Report Shows
Image sourced from Pixabay The Media Council of Kenya released a ‘State of the Media’ report on Thursday which shows that Kenyans spend more time listening to the radio than watching TV. According to the report, Kenyans watch TV for only two hours, which is, according to Gadgets Africa, is below the global average of 3 hours. Kenya’s Media Consumption: Did you know that 21 million Kenyans listen to the radio while the average time per day spent watching TV in Kenya is 2 hours against the global average time at 3 hours, 24 minutes? More statistics here: https://t.co/BhY675MYPj pic.twitter.com/CUcQ2nQNDB — Media Council of Kenya (@MediaCouncilK) January 31, 2022 On top of that, the Kenyans who watch TV only watch it for news and 30% of the people in the country rely on international co...
Is China’s apprehension to ban NFTs a hopeful sign for investors?
It’s no secret that China has a clear disdain for all things crypto, as was highlighted last year when the country decided to ban its digital asset industry in its entirety. That said, one niche related to the crypto industry that has continued to thrive in the region despite the ban is its nonfungible token (NFT) market. However, with certain negative developments coming to the forefront recently, this may not be the case much longer. In this regard, many local social media platforms and internet firms have continued to update their policies so as to restrict and, in some cases, remove NFT platforms altogether from their networks, claiming a lack of regulatory clarity but, more importantly, fearing a government clampdown on their day-to-day operations. For example, WeChat, a Chinese insta...
From taxes to electricity, blockchain adoption is growing in Austria
Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it. With regard to blockchain-based applications in the economy, however, Austria is still in the experimental phase, with most firms still running pilot projects. Still, politicians and economists alike see potential for select industries. Public administration reform via blockchain The Austrian government is quite open to blockchain innovations, cryptocurrencies aside, and has supported various projects in the public and private sectors. In 2019, a consortium of public administration institutions founded the Austrian Public Service Blockchain (APSB)....
Central Energy Fund to Invest $68M in South African Gas Project
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Microsoft Involved in Alleged Widespread Corruption in Africa, says Whistleblower
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Panel of Judges Announced Winners of C/Can’s Live Pitch & Grant Award
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Twitter Reacts to Will Smith Slapping Chris Rock at the Oscars
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NFTs are changing the way photographers create and market content
Since their explosion last year, nonfungible tokens (NFTs) have shown their appeal to collectors, investors and traders alike. They have especially gained attention in the art world, where an item’s provenance is everything, and owning the official, unique version of an item is much more valuable than a copy or duplicate. Some have postulated that artists creating and storing pieces on-chain can use the technology as proof of ownership for popular art forms. Among the various artforms to take advantage of NFTs, photography has also found its place, but what is the immediate value it brings for artists and consumers? Indeed, as a nascent, quickly developing technology, NFTs are not without limitations. Related: What is crypto art, and how does it work? Most participants began getting acquai...
Is Austin the next US crypto hub? Officials approve blockchain resolutions
Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing it to implement its own cryptocurrency called “MiamiCoin” to be used for civic engagement. New York City has also made a name for itself as a crypto-friendly city by implementing educational initiatives and withMayor Eric Adams receiving his paycheck in Bitcoin (BTC) in January this year. Austin takes a strong stance Most recently, Austin — the state capital of Texas that goes by the slogan “Keep Austin Weird” — has taken a strong interest in cryptocurrency and blockchain technology. While Texas’ desire to lead the way for crypto innovation was established about a year ago when G...
How Emails Can Cause Cybersecurity Vulnerabilities in Your Organisation
Sourced from International IDEA Since the start of the pandemic, many businesses have shifted to remote work. Cybercriminals saw the opportunity to target businesses’ remote users leaving unprepared businesses vulnerable to cyberattacks. Phishing attacks have become one of the most prominent data security problems for a number of businesses in South Africa. “Remote working increased organisation’s reliance on email, creating the perfect conditions for email fraud and phishing,” says Riaan de Villiers, Business Analyst at LAWtrust Information Security. In the Mimecast State of Email Security 2020 study, businesses in South Africa reported a 53% increase in phishing attempts and a 46% increase in incidences of impersonation fraud compared to previous years. Email is a common channel used for...
