PiChain Ghana

Technology

Blockchain and AI can be the next level of development for Web3: Here’s how

In response to the centralized AI industry, two Web3 initiatives are launching a decentralized AI ecosystem.aelf and AgentLayer have formed a strategic partnership to spearhead decentralized AI innovation in the Web3 space. The collaboration focuses on developing AI-powered blockchain products, engaging the community and enhancing the ecosystem. The integration of artificial intelligence (AI) and blockchain […]

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BRICS: Chinese Yuan Officially Overtakes US Dollar

Alongside the BRICS de-dollarization plans, the Chinese yuan has officially overtaken the US dollar as the top traded currency in Russia. Indeed, the currency has now surpassed the greenback as the most prominent foreign exchange in Moscow according to a Reuters report. The data shows that the yuan has accounted for more than 42% of

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Tether Collaborates With FBI and Justice Department To Seize $1,400,000 in USDT From Crypto Wallet

USDT issuer Tether has helped top US government officials seize digital assets from an unhosted crypto wallet. In a new announcement, Tether says it has worked with the FBI and the US Department of Justice (DOJ) to take $1.4 million in USDT from a “scam network.” Says Paolo Ardonio, Tether’s CEO, “We are proud of

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Does Bitcoin’s Satoshi Nakamoto have a dead man’s switch?

Bitcoin soared to an all-time high this week thanks to massive inflows from newly launched ETFs, which signaled to many that the original cryptocurrency—once derided by Wall Street as a scam—is a legitimate mainstream investment. That’s a view that I hold but, at the same time, Bitcoin is still subject to some particular risks that,

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Web3 social app tackles fake accounts with an innovative engagement system

Rising concerns over fake accounts and bots on social media platforms have underscored the limitations of Web2 technologies. Phaver introduces a Web3 social app with a gamified system to combat botting and incentivize genuine user engagement. Social media has a fake account problem, and a 2018 survey highlighted a growing concern among parents of teens

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Elon Musk Endorses Investment in AI Crypto

On Monday, Elon Musk, the CEO of Tesla and SpaceX, acknowledged the recent predictions made by venture capitalists who had previously shown optimism towards cryptocurrency and artificial intelligence. The insight came from a post by a user named Daniel on the X platform (formerly Twitter), sharing a meme that humorously depicted the shifting preferences of

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Bitcoin Prices Reach Fresh 27-Month High As They Benefit From ‘Unprecedented’ Tailwinds

Bitcoin prices rallied today, climbing to their loftiest value since November 2021 as the digital currency benefited from combined bullish factors that one analyst described as “unprecedented.” “With the halving in 51 days and constant inflows in the recently launched Bitcoin ETFs there are two very strong positive elements coming together which is unprecedented,” Marc

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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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Vodafone Ghana is becoming Telecel Ghana – Set to bring innovation to Ghana’s telecom industry

Telecel Group, an Africa-focused telecommunication company with expertise in combining telecommunication with fintech, e-commerce, and tech start-ups successfully acquired 70% majority shares in Vodafone Ghana (Ghana Telecommunications Company Limited – GTCL) in February 2023 and is set to bring disruptive innovation into Ghana’s telecom industry with customer-centric products delivered with exceptional customer service. In a

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