PiChain Ghana

Money

Ethereum Pre-Mine Address Dormant For 8.6 Years Awakens As ETH Hits $3,200

A dormant Ethereum address has roared to life to take advantage of the price surge that has rocked the digital asset in the last day. The wallet, which had not seen any activity in almost a decade, made its first transaction after the price of ETH moved above $3,200. Given that this investor has managed […]

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Historical Bull Run Pattern Emerges in Bitcoin

Recent on-chain data hints at the emergence of a pattern associated with bullish trends in Bitcoin. Notably, long-term holders (LTHs), defined as investors who have retained their Bitcoin for at least a year, have exhibited behavior reminiscent of past bull markets, according to insights from the market intelligence platform IntoTheBlock. Long-term $BTC holders have sold

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Ethiopia To Become The First African Country To Start Bitcoin Mining

ETHIOPIAN INVESTMENT HOLDINGSLast week, on Thursday, February 15, the Ethiopian Government’s investment arm, Ethiopian Investment Holdings (EIH), signed a memorandum of understanding with Honk-Kong-based West Data Group’s Center Service PLC to commence mining bitcoin. The partnership is under a general agreement for a groundbreaking $250 million data mining project “that is dedicated to establishing cutting-edge

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Ghana to get new alumina refinery as Akufo-Addo announces GIADEC’s strategic partner for Project 3A

Ghana is set to benefit from a new alumina refinery following the successful selection of a strategic partner that will work with the Ghana Integrated Aluminium Development Corporation (GIADEC) to deliver Project 3A, one of four (4) projects being executed under the Integrated Aluminium Industry (IAI) projects. President Akufo-Addo who witnessed the signing of the

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6 Ways To Become Rich While Earning Minimum Wage

Working a minimum wage job can feel like you’re constantly spinning your wheels without making any financial progress. But earning less doesn’t necessarily mean your financial dreams are off-limits, according to experts. “I’ve found that even with a low income, an intelligent way to grow wealth is by being careful with money,” said Kelvin Wira,

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Ghana’s economy has “Turned the Corner” – World Bank Country Director

The World Bank Country Director, Pierre Laporte, has affirmed a statement by the Minister of Finance, Ken Ofori-Atta, regarding the positive state of the Ghanaian economy.  According to him, the economy has reached a point where it can genuinely be acknowledged as having “turned the corner.” “When you look at where Ghana’s economy was a

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8 Ways People Become Rich Even While Earning the Same Salary for Years

Many people believe the only way to get wealthy is by making a ton of money at your job. However, becoming rich does not solely depend on the size of your paycheck. It is possible to become rich even while earning the same salary for years. Some of these ideas involve spending less money, while

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Cedi to hit single-digit depreciation against dollar in 2024 – EIU predicts

The Ghanaian cedi may experience a single-digit depreciation against the US dollar in 2024, as indicated in The Economist Intelligence Unit’s 2024 Africa Outlook Report. The UK-based firm attributes this potential stability to the benefits derived from the International Monetary Fund (IMF) programme. According to the report, only five African countries—Egypt, Sudan, Ethiopia, Angola, and

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Pi Network KYC Update: How Close is Open Mainnet?

According to Pi Network’s CEO, over 5 million Pioneers have been KYCed, indicating that Open Mainnet is not close. KYC, or Know Your Customer, is essential to Pi Network’s open mainnet launch. While the mobile mining blockchain currently operates within an enclosed mainnet, the process of KYC for Pioneers could speed up the transition to

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New York Man Admits to Billion-Dollar Bitcoin Hack From 2016, Pleads Guilty With Wife to Money Laundering

In an unexpected revelation, Ilya Lichtenstein, 35, confessed to being the original hacker behind the 2016 cyberattack on crypto exchange Bitfinex, a theft that was once worth $4.5 billion. Lichtenstein made the admission while pleading guilty to laundering the stolen bitcoin in a Washington, D.C. federal court, with his wife, Heather Morgan, also pleading guilty

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