South African cryptocurrency exchange Valr announced recently that it has raised $ 50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $ 240 million. Funds Raised to Finance Valr’s Expansion Into Other Markets The South African cryptocurrency exchange, Valr, recently announced that […]
South African Mobile Network Operator MTN Buys Land in the Metaverse
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital Experiences’ South Africa’s mobile network operator, MTN, recently bought 144 […]
Bitcoin, Ethereum Technical Analysis: ETH Over $3,000, BTC Nears $45,000 as Bulls Return
Ethereum climbed over the $ 3,000 level on Tuesday, as crypto bulls returned in full force, following weeks of market tension. Bitcoin also rallied, with prices nearing $ 45,000 and cryptocurrency markets as a whole trading over 14% higher. Bitcoin The world’s largest cryptocurrency was one of the biggest gainers in the top ten on […]
Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions
A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There are about 70 people in line. Eyewitnesses say the money in the ATM runs out within 40 minutes.” Russians Rush to Withdraw Cash as Sanctions […]
Elon Musk Hears Kyiv’s Call, Activates Starlink Service in Ukraine
Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk Provides Ukrainians With Access to Starlink U.S. […]