January 19, 2025 – Nairobi, Kenya In a landmark event for East Africa’s blockchain ecosystem, Pavin Kiptoo emerged victorious at the Muiaa Labs Cypherium Hackathon awards ceremony, claiming the grand prize of $1,000. The prestigious ceremony, held at Gem Suites Lavington on Saturday, January 18th, brought together technology innovators, government officials, and industry leaders. Kiptoo’s…
January 16, 2025 – Nairobi Kenya The anticipation in the blockchain development community reaches its peak as Muiaa Labs announces January 18th, 2025, as the official awards ceremony date for their groundbreaking Cypherium Hackathon. After an intensive 24-hour coding marathon and rigorous evaluation period, the event that attracted developers worldwide is ready to crown its…
Kenya is taking significant steps to regulate its cryptocurrency market. The National Treasury has unveiled a draft policy aimed at overseeing digital assets like cryptocurrencies, with a proposed budget of approximately KSh 1.82 billion. Budget Breakdown: Treasury Cabinet Secretary John Mbadi emphasized that the policy draws from international regulatory approaches, aiming to create an adaptive…
January 9, 2025 – Nairobi kenya The blockchain industry’s focus is shifting from speculative applications to practical enterprise solutions, as evidenced by Muiaa Labs’ recently announced Cypherium hackathon. The 24-hour event, scheduled for January 6-7, represented a strategic move to bridge the gap between Web3 technology and real-world implementation. “The Web3 ecosystem needs solutions that…
January 9, 2025 – Nairobi, Kenya Muiaa Labs, a prominent player in blockchain development, announced its first major hackathon of 2025, offering developers worldwide a chance to showcase their skills on the Cypherium blockchain platform. The 24-hour virtual event, scheduled for January 6-7, brought together blockchain enthusiasts and developers competing for a $1,000 prize pool…
December 22, 2024 – In the ever-volatile world of cryptocurrencies, Bitcoin continues to assert its dominance and resilience. According to leading financial analysts, Bitcoin is expected to maintain its value above the $100,000 mark in the foreseeable future, despite recent market fluctuations and economic uncertainties. A Steady Climb: Bitcoin’s Resilience in the Market Bitcoin, the…
The Bank of Tanzania (BoT) has announced the launch of its much-anticipated Fintech Regulatory Sandbox. Applications for participation in this initiative will open from January 2 to January 22, 2025, marking a significant milestone in the country’s efforts to enhance financial inclusion and technological advancement. The Fintech Regulatory Sandbox provides a controlled environment where financial…
BIT Mining, a technology-driven cryptocurrency mining company, announced plans to acquire a substantial mining operation in Ethiopia. The deal, worth $14.3 million, involves the purchase of 51 megawatts (MW) of Bitcoin mining capacity and 17,869 mining machines. This strategic investment comes at a time when BIT Mining is navigating declining revenue and shifting its focus…
