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The Power of Digital Marketing with Cryptomediads!

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Google to Invest $2 Billion in Malaysia

Google has announced a $2 billion investment in Malaysia to establish its first data centre and cloud region in Southeast Asia. “This investment is not just about infrastructure; it’s about unlocking new possibilities for businesses, educators, and every Malaysian,” stated Farhan S Qureshi, country director for Google Malaysia, in a blog post on Thursday. The new data centre will support Google services such as Google Search and Google Maps and will facilitate the delivery of AI capabilities across Malaysia. The Google Cloud region will offer high-performance, low-latency cloud services to enterprises, startups, and public sector organisations, ensuring high security and compliance standards. Malaysian Prime Minister Anwar Ibrahim highlighted that the investment is projected to contribute $3.2 billion to the country’s economy and create 26,500 jobs by 2030. “This investment underscores the Government’s strategic planning and Malaysia’s econo...

Kuda Technologies Secures Nearly $100 Million in Funding

Kuda Technologies , a prominent fintech company operating in Nigeria and the United Kingdom, has raised close to $100 million in funding over the past five years. This achievement was announced by CEO Babs Ogundeyi during a panel session at the GITEX Africa conference in Morocco. The GITEX Africa 2024 technology fair, held from May 29 to 31 in Marrakech, gathered over 1,500 exhibitors from 130 countries, including nearly 700 startups. During the event, Ogundeyi discussed Kuda’s growth and the difficulties African fintech startups face in attracting foreign investment. “We launched in Nigeria in August 2019 and have raised close to $100 million within that period,” Ogundeyi stated during the panel session titled “Beyond the Starting Lane: Navigating Advanced Funding.” The session also included insights from Sacha Michaud, co-founder of Glovo in Spain; Yassine Oussaifi, partner at Africinvest Tunisia; and Katlego Maphai, CEO of Yoco South Africa. ...

Outrage Erupts Over Nigeria's National Anthem Change

Some Nigerians have expressed outrage after the country's national anthem was changed with little consultation. President Bola Tinubu signed a bill on Wednesday to revert to Nigeria’s old national anthem, which was replaced by a military government in 1978. The newly re-adopted anthem, "Nigeria, We Hail Thee," was written by Lillian Jean Williams in 1959 and composed by Frances Berda. Speaking on his first anniversary in office, President Tinubu said the anthem symbolizes Nigeria's diversity. However, many have questioned his priorities amid the cost-of-living crisis. Reacting online, some Nigerians said the country had more pressing problems such as insecurity, rising inflation, and a foreign exchange crisis. X user @Gospel_rxx posted: “A new national anthem is the priority for Tinubu & Co at a time like this? When our people can't eat, insecurity is rife & life is hell? What a sordid joke! Let's see how they implement it...” Another X user, Fola F...

EthosX Introduces Innovative Perpetual Options Product

EthosX is thrilled to announce the launch of its new Perpetual Options product, OPerps, in collaboration with kanalabs.io. This innovative product is designed to enhance returns by leveraging knowledge of short-term market events, making options trading more accessible and efficient. OPerps is a decentralized platform that facilitates short-term options trading using blockchain technology for transparency and efficiency. It offers a user-friendly interface tailored for those new to derivatives, allowing users to trade tokenized (ERC-20) options that never expire but settle every few minutes or hours. This approach addresses the issue of cascading liquidations commonly found in traditional perpetual futures. The decentralized, tokenized format of OPerps ensures continuous trading opportunities while enhancing security and flexibility. Investors can maximize their trading potential through Long Call OPerps and Long Put OPerps, which profit from rising and falling markets respective...

Most Anonymous Cryptocurrency

In the 21st century, individuals are increasingly cautious in their activities. Many investors prefer anonymous cryptocurrencies because they protect personal data from third parties. Privacy Concept Cash is the traditional equivalent of confidential transactions. When people withdraw cash from ATMs, the withdrawal is recorded, but subsequent use of the cash remains private. Similarly, anonymous cryptocurrencies ensure transaction privacy after funds are deposited into an electronic wallet. Regular cryptocurrency exchanges require identity verification, allowing altcoins to be tracked and expenses analyzed. In contrast, anonymous cryptocurrencies prevent tracking fund distributions after deposit. Users can also convert these assets into fiat currency. Specifics of Pseudo-Anonymous Cryptocurrencies These cryptocurrencies reveal the identity of the currency owners, but the financial transactions remain transparent and traceable. To avoid identity linkage, experts recom...