UN Officials Claim Bad Activists Are Using Crypto To Fulfil Bad Deeds
Crypto assets have found use cases across different sectors, increasing their mass adoption globally. From remittance payments to cross-border transactions, digital assets have ensured flexible settlements for those who embraced them. However, amid the rising global adoption, security personnel have discovered that criminals and terrorist organizations are using crypto to facilitate the funding of their […]
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According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send money.”
Traditional Funding Channels Drying Up
After the Covid-19 pandemic caused traditional funding channels to dry up, some African activists responded by raising funds through cryptocurrency and non-fungible tokens (NFT) sales. The raised funds have in turn ensured the....
A crypto forensic analysis reveals that a French donor sent over $500,000 worth of bitcoin (BTC) to far-right activists in the United States. The half-million dollars went to the groups that took part in the pro-Trump riots in the U.S. Capitol. Alt-Right Personalities and Websites Are Included on the List of Recipients According to Chainalysis, the unnamed donor sent 28.15 BTC (worth $522,000 at the transfer time) on Dec. 6, 2020, to 22 separate addresses in a single transaction. Per the report, many of those wallets belong to personalities tied to far-right activists in the U.S. Yahoo....
Greenidge has refuted the claims that is pursuing legal action right now or “preventing anyone from sharing their position.” Greenidge Generation LLC, an upstate New York-based Bitcoin (BTC) mining firm has reportedly threatened legal action over repeated “demonstrably false” claims from local activists.Greenidge mines BTC at its gas-fired power plant near the Seneca Lake in Dresden, and the firm has been locked in a long-running battle with activists who allege that the firm’s practices are damaging to the local environment. Activists Yvonne Taylor and Abi Buddington claim that the....
PRESS RELEASE. On October 31st, the cryptocurrency trading platform MEXC announced that it had reached a cooperation with Coinbase to jointly fulfil the privacy and security obligations of cryptocurrency under the framework of Coinbase’s TRUST Network (TRUST). The TRUST network is an alliance of the world’s leading cryptocurrency exchanges. And the TRUST solution is designed to disclose necessary data while focusing on protecting customer privacy and information security. Its purpose is to allow customers between TRUST members to transmit information peer-to-peer so as to avoid....
Afrikanus teaches young people how to be entrepreneurs in Ghana. He works with Bitnation to issue blockchain-based title deeds and establish what he terms a “Free Economic Enclave” in northern Ghana, where the poorest parts of the nation are located. Ghana, a nation of 27 million people, might not be considered a leader in blockchain technology. Nevertheless, a contingent of locals, led largely by Afrikanus, have worked towards bringing awareness of the blockchain to the people in the region. He also works with Africa Youth Peace Call, a Ghana-based Pro-Liberty Organisation dedicated “to....