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Exiled Myanmar democratic leaders want to issue CBDC to fund the revolution

Half a year after the military junta in Myanmar revealed its plans to launch a digital currency, the country’s government, ousted in a coup in 2021, voices its own intention to launch one using frozen national funds.  In a Sept. 6 interview with Bloomberg, the minister of planning of exiled Myanmar’s National Unity Government, Tin Tun Naing, asked for the “U.S. blessing” to use “virtually” the country’s reserves, frozen by the Federal Reserve Bank of New York since Feb. 2021. The funds Naing mentions have been frozen on Singaporean, Thai and Japanese accounts and could amount to billions of dollars according to Bloomberg. While Naing doubts the United States could decide to allocate these assets directly to National Unity Government, he points to the possibility of using them as ...

Crypto donations fund ATVs and gas masks for Ukrainian military

Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia. In a Friday tweet, Ukraine’s minister of digital transformation, Mykhailo Fedorov, announced that the country had purchased five all-terrain vehicles, which “will come in handy for a challenging environment” — possibly referring to conditions near the front lines with Russia or where roads have been damaged or destroyed. Funds for three of the ATVs originated from Aid for Ukraine, a platform the government launched in March that accepts crypto donations “to support people in their fight for freedom.” Three ATVs for defenders are funded for crypto donations @_AidForUkraine, two more — supplied by the Minister of De...

US Air Force files trademark application for ‘SpaceVerse’ initiative

The United States Air Force has filed a trademark application hinting at the military branch potentially expanding into the metaverse. According to a Thursday application submitted to the U.S. Patent and Trademark Office, the Department of the Air Force trademarked the word “SpaceVerse,” defined as “a secure digital metaverse that converges terrestrial and space physical and digital realities and provides synthetic and simulated extended-reality (XR) training, testing and operations environments.” It’s unclear if the initiative is connected to the U.S. Space Force, which according to its website is “organized under” the Air Force, but operates as a “separate and distinct branch of the armed services.” The United States Air Force has filed a trademark application for SPACEVERSE ...

Myanmar’s military government considers launching digital currency: Report

The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help the local economy. According to a Thursday report from Bloomberg, Major General Zaw Min Tun said rolling out a digital currency would “help improve financial activities in Myanmar,” but military officials were undecided on whether to work with local companies or release the token on their own. Tun, the chief of the military government’s “True News Information Team,” acts as a spokesperson for the Myanmar army. The digital currency is aimed at supporting payments within Myanmar as well as improving the economy. According to a Jan. 25 report, the World Bank estimated that the country’s economy...

Genral Leo Irabor Orders 50 Generals To Resign With Immediate Effect

Facebook WhatsApp Reddit Twitter Shares Chief of Defence Staff (CDS), General Leo Irabor has ordered 50 Generals in the Nigerian military to tender their resignation with immediate effect. They cut across the Air Force, Army and Navy; around 25 of the senior officers are in the Army. At a 2pm meeting, the CDS thanked them for their service and told all present that it was high time they left office. .u5d34f856e5089268989d5f2a8f5f3a9a { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-b...

Veterans Day Salute: 15 Hip-Hop Stars Who Served In The Military #VeteransDay

HipHopWired Featured Video Source: Charday Penn / Getty Today (November 11) marks a special period in American culture. Veterans Day is a moment where we all can reflect on the servicemen and women that donned military uniforms to lend their lives to protect the freedoms of a nation. Many notable figures have gone on to make lasting impacts in society after serving. Over the years, there have been plenty of politicians, actors, and sports figures that got a jump-start on militancy, and surprisingly enough, the same can be said for key figures in Hip-Hop. Some were on the wayward path and used the armed forces to steer them right while others stumbled onto their passion for music during their enlistment. And one particular member of the list just was having a mid-rap crisis. No matter their...

House mourns army chief, others

Members of the House of Representatives have expressed sadness over the death of Chief of Army Staff, Lt. Gen. Ibrahim Attahiru and his entourage in an air crash in Kaduna. Attahiru, along with six senior officers and four crew members were onboard Nigerian Air Force Kingair 350 from Abuja to Kaduna, ahead of today’s passing out parade of soldiers from the Nigerian Army Depot in Zaria, when the crash happened amid torrential rainfall, on Friday evening. The Speaker of the House, Hon. Femi Gbajabiamila, in a statement issued on Saturday described as shocking and sad the death Attahiru and others involved in the plane crash. Gbajabiamila said the death of the Army Chief was unfortunate coming at a time that the Nigerian military was finding solutions to the security challenges in the country...

Myanmar junta leader says Aung San Suu Kyi will soon appear

Myanmar’s junta leader Min Aung Hlaing said deposed leader Aung San Suu Kyi was healthy at home and would appear in court in a few days, in his first interview since overthrowing her in a Feb. 1 coup. The coup has plunged the Southeast Asian country into chaos and one of several ethnic armed groups opposed to the ruling junta advanced to attack a military post in a northwestern jade mining town on Saturday, local media said. Suu Kyi, a Nobel Peace Prize laureate for her long struggle against previous military rulers, is among more than 4,000 people detained since the coup. She faces charges that range from illegally possessing walkie-talkie radios to violating a state secrets law. “Daw Aung San Suu Kyi is in good health. She is at her home and healthy. She is going to face trial at the cou...

PANDEF seeks South-south security outfit

The Pan Niger Delta Forum (PANDEF) has paid a consultative visit to former President Goodluck Jonathan in Abuja to discuss the current security situation of the country and South south matters particularly the need for a regional security arrangement for the South-South as being done by other zones in the country. The PANDEF delegation led by the National Chairman, Senator Emmanuel Ibok Essien, said they visited the former President because he was a key voice in the country, and the political leader of the Niger Delta Region, and that his vast knowledge and understanding of the complexities and intricacies of the country, and the region, would be of immense benefit to PANDEF, and other groups in the country in the efforts to resolving the challenges we are confronted with. The group in a s...

Soldiers destroy illegal refinery in Rivers

News Agency of Nigeria Soldiers of the 144 Battalion, Asa, Ukwa West council area of Abia State, have reportedly destroyed an illegal oil refinery located in Odogba community in Rivers State. Newsmen gathered that the operation was carried out in conjunction with the operatives of the Department of the State Services ,DSS, on joint patrol within Owaza area,a boundary community between the two States. Military sources stated that no arrest was made as the operators fled before the arrival of the security men. However, the security team recovered a commercial bus suspected to be used in ferrying stolen crude after the driver abandoned the car and ran into the bush. Newsmen further gathered that the driver of the bus locked the steering of the car which frustrated the attempt to take the car ...

Anambra governor: I will not abandon families of slain policemen

Governor of Anambra state, Willie Obiano, has assured the families of the policemen killed during an attack on Prof Charles Soludo that government would not abandon them. Obiano gave the assurance on Easter Sunday at a statewide broadcast to address the violent attacks in the state. “To the families of the slain Police officers, my heart once again, goes out to you. I share in your grief and mourn with you. While I pray for the repose of the souls of the deceased, please be assured that the State Government will not abandon you” he said . He prayed that the spirit of the season would permeate their hearts and engender love, peace and tranquility in their daily lives, now and in the future. The yet to be identified gunmen had on 31st of March 2021 invaded a town hall meeting at Isuofia with...

CSOs: Bandit attacks a risk to food security in Nigeria

Bandit attacks heighten risks for acute food crisis in Nigeria, stakeholders from the civil society and the media have said. This is even as they vowed to unite against terror rather than do anything that could promote it. “In addition to displacement, insecurity has hampered agricultural activities and heightened the risk of acute food uncertainty in the country”, they said in a communique issued on Thursday after a meeting of civil society groups and media in the nation’s capital. But they insisted that the adoption of new approaches by the government will address the specific political, economic, and social challenges that encourage banditry and terrorism in the country. The communique co-signed by Gbenga Onayiga and Adamu Ladan, the Acting Chairman and the Executive Director of the Vis...

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