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Kenya Power Pays $22.7-Million in Debts to US Firm

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Struct Finance raises $3.9M to compose, customize, and invest in DeFi products

Struct Finance, a decentralized (DeFi) blockchain-based platform for structured financial products, announced in a Monday press release the completion of a $3.9 million seed round. The company said it will use the proceeds to compose, customize, and invest in DeFi products. Avalanche one of many investors Struct Finance is a protocol on Avalanche although it expects to scale into other EVM compatible chains in the near-term. Struct Finance tapped 24 investors to partake in the financing round. The group includes several notable standsouts, including Avalanche’s 200 Million Blizzard Fund. The roster of other investors includes: Antler, Assymetries Technologies, Arcanum Capital, Avalaunch, AVentures Dao, Bison Fund, Bixin Ventures, Double Peak, FBG Capital, Finality Capital Partners, Infinit...

What is Wordle? Everything You Need to Know About the Trending Software Game

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SXSW 2022 showcased immersive NFT experiences, lacking crypto and Bitcoin sessions

South by Southwest — commonly referred to as “South By” or “SXSW” — has returned to Austin, Texas this year to showcase the latest trends in interactive media, music, art, film and technology. While SXSW runs through March 20, 2022, the entertainment and technology festival kicked off its first weekend with a large focus on Web3 and nonfungible tokens (NFTs). NFT activations and panels SXSW’s attendees’ interest in NFTs and the future of the internet was particularly evident at the venue hosted by Blockchain Creative Labs (BCL) — a business and creative unit formed by FOX Entertainment in 2021. On March 11, the first day of SXSW, a line consisting of hundreds of people wrapped around the streets of Fifth and Trinity in downtown Austin as SXSW badge holders anxiously awaited entrance to BCL...

Italy Investigates Russia’s Kaspersky for Allegedly Launching Cyberattacks

Sourced from Hypertext On Friday, Italy’s data watchdog said it is investigating Kaspersky, a Russian multinational cybersecurity company, for launching cyberattacks. According to The Guardian, the agency says it followed “alarms sounded by many Italian and European organisations specialised in computer security” over the potential use of Kaspersky software for hacking assaults in the wake of Russia’s invasion of Ukraine. The agency reportedly asked the company to provide details on the number and profiles of Italian users and whether their data was being transferred to Russia or elsewhere. Reuters reported that Germany’s British Standards Institution (BSI) also warned users of the antivirus software, saying the company could be coerced by Russian government agents to hack IT systems abroa...

The metaverse will change the paradigm of content creation

Content constitutes the essence of the internet and comes in many different forms that the current Web2 internet iteration supports — text, audio, video or a mix of all three. However, content is scarcely a free resource. It is content creators who are now becoming opinion leaders, influencers and the cornerstones of so many of the critical services businesses rely on, such as advertising, marketing and public relations management. The need for content and its strive for independence — embodied by thousands of bloggers and indie performers — has spawned an immense online economy that trades talent and often rakes in sales volumes many a top-level artist would salivate to earn. This economy has been dubbed the creator economy: a financial framework that allows independent individuals to ear...

UBA & Cellulant Join Forces to Unite Africa’s Payments Ecosystem

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Huawei Finally Launches its First Foldable Smartphone in SA

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Real health benefits will come when medicine and the Metaverse collide

The world is becoming more connected as cryptocurrency, blockchain, nonfungible token projects, the Metaverse and other online communities gain popularity. However, we’re also seeing rates of depression and feelings of isolation and loneliness skyrocket. This development is certainly not causal, but it is something to consider as younger generations become more involved in virtual spaces. The global COVID-19 pandemic has exacerbated a national mental health crisis. Mental Health America reported that 47.1 million people in the U.S. are living with a mental health condition. That’s one in five Americans, folks.  Unsettling as those figures may be, progress is being made with modern therapies and treatments in and out of virtual worlds. Would you consider logging onto your computer to m...

6 Tips For Finding The Right Online Therapist For Your Needs

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Standard Bank Boosts its Shari’ah Banking with AWS Technology

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Need an Edge to Your Business? Take a Fresh Look At Your Security Strategy

Sourced from International IDEA As we all start to get a better view of what the future might hold, organisations need to look again at their security strategy. But first, we need to take stock. After the initial shock of lockdowns and mass remote working, what have we learned from the past two years as we all attempted to adjust to the new reality? You’re working in a landscape of increasing threats and vulnerabilities The widespread shift to the cloud to support those working remotely has inadvertently created a much larger attack surface. The sheer number of new locations, devices, and networks organisations are managing today alone calls for a security rethink – a need that’s magnified by a year-on-year increase in threats. And the pandemic has magnified the problem, sending a huge wav...