Solana (SOL) stumbled sharply in recent hours, shedding more than 8% in value as market sentiment turned sour and capital chased higher-risk / higher-reward bets in emerging payment finance (PayFi) projects. The abrupt drop has reignited questions about support levels, network fundamentals, and whether something like Remittix (RTX) might emerge as the next breakout altcoin. […]
On September 18, Binance founder Changpeng Zhao (CZ) issued a stark warning to the crypto industry: North Korean hackers are deploying more advanced, stealthy strategies to infiltrate firms—especially through the hiring pipeline. The threats are no longer limited to phishing or direct network attacks, but increasingly target human processes, turning recruitment into a vector of […]
On Monday, the crypto market experienced one of its most violent corrections in months. Over $1.5 billion in leveraged long positions were forcibly closed, triggering a cascade of margin calls and widespread panic selling across major and minor tokens alike. (CoinDesk) According to data from Coinglass, more than 407,000 traders saw their positions liquidated in […]
The Capital Markets Authority (CMA) has embarked on an ambitious expansion of Kenya’s financial sector, licensing four new players in a move designed to deepen the country’s capital markets and enhance investment opportunities for both institutional and retail investors. The comprehensive licensing spree represents one of the most significant regulatory developments in Kenya’s financial sector […]
European law enforcement agencies have successfully dismantled a major cryptocurrency fraud network that defrauded over 100 victims across Germany, France, Italy, and Spain of at least €100 million ($118 million). The coordinated operation, spearheaded by Eurojust and supported by Europol, represents one of the most significant cryptocurrency fraud takedowns in European history. The sophisticated scheme, […]
Kenya’s high-net-worth individuals (HNWIs) are demonstrating remarkable shifts in their investment preferences, with 72% expressing desire to acquire art, 50% interested in classic cars, and 44% keen on jewelry and high-end furniture, according to exclusive insights revealed during a wealth briefing session by Stanbic Bank Kenya and Knight Frank in Nairobi. The findings, compiled in […]
The High Court has ordered the seizure and auction of Ecobank Kenya’s assets to recover Sh840.6 million owed to the estate of former cabinet minister Mbiyu Koinange, marking a landmark case that fundamentally redefines banks’ fiduciary obligations in managing estate accounts. The total amount includes Sh284 million principal amount that was illegally withdrawn from the […]
Nairobi’s luxury real estate sector is experiencing a transformative boom as the United Nations accelerates its historic relocation of key global offices from New York and Geneva to Kenya’s capital. This unprecedented shift, part of Secretary-General António Guterres’ UN@80 reform agenda, promises to reshape the city’s property landscape and cement Nairobi’s status as Africa’s diplomatic […]
The Ethics and Anti-Corruption Commission has announced one of Kenya’s most significant anti-corruption asset recovery efforts, putting Ksh 505 million worth of prime properties up for public auction across Nairobi, Kisumu, and Migori counties. The unprecedented move represents a major milestone in the commission’s fight against corruption, offering Kenyans an opportunity to acquire high-value real […]
What’s Being Rolled Out The Kenyan government, through the Social Health Authority (SHA), is introducing the National Emergency Ambulance Dispatch Service. The aim is to strengthen emergency medical response across the country by centralizing dispatch, standardizing ambulance charges, and using digital tools. Health Cabinet Secretary Aden Duale announced the plan during a visit to Vihiga […]
Global government bond markets are reacting to rising geopolitical tensions and the potential inflationary consequences of the ongoing Middle East...
Investors Move to Cash-Like Assets U.S. money-market funds have surged to a historic milestone as global investors seek safety during...
Bitcoin’s Rise Sparks Broad Crypto Stock Rally Cryptocurrency-related stocks surged at the opening of the U.S. trading session as Bitcoin...
A major residential development on the outskirts of Nairobi is drawing significant public attention as urban professionals search for modern...
