Samson Ayodeji, Author at Wakenews Nigeria

May 15, 2024

$210million lost to hackers in the cryptocurrency community in January 2024

February 2, 2024 Samson Ayodeji

Hacks and exploits are among the problems that have constantly dogged the emerging crypto industry. Reports yesterday revealed that Chris Larsen, the executive chairman of Ripple, had a $112 million scam in his account, capping off an incredible January of 2024. That was on top of the several mischievous acts […]

Future of cryptocurrency in Nigeria as Federal Government lifts ban

January 23, 2024 Joshua Samuel

In the latter days of 2023, the Central Bank of Nigeria (CBN) eventually relaxed its prohibition on Nigerian banks handling cryptocurrency transactions, after over two years of maintaining a full ban on banks dealing with digital currencies. The CBN acknowledged in a circular to banks dated December 22, 2023, that […]

InDrive set to offer credit and loans to drivers in Ghana, Kenya, and Nigeria

January 5, 2024 Samson Ayodeji

The multinational e-hailing company InDrive, which is present in 47 countries, plans to expand into the financial industry to offer more services. CEO Arsen Tomsky started the business to provide financial goods, such as small loans, to drivers in developing nations. The project will mainly target nations like Nigeria, Kenya, […]

Google unveiled Gemini, a new AI model that is said to outperform Bard, ChatGPT, and other models

December 11, 2023 Samson Ayodeji

Google, a major player in the IT industry, has announced the release of Gemini, which it calls its largest and most powerful AI model. The company says Gemini can function effectively on everything from data centers to mobile devices in a statement provided to wakenews. According to Google, the new […]

Suspects linked to the infamous Patricia exchange hack of $2Million arrested

December 3, 2023 Samson Ayodeji

The Nigeria Police Force revealed last Friday that Wilfred Bonse, one of the individuals linked to the crypto exchange Patricia’s February 2022 hack that resulted in a $2 million loss, had been apprehended. ACP Olumuyiwa Adejobi, the Force Public Relations Officer, made this news during a press briefing. In a […]

“The Voices of Africa” launches on YouTube to honour the diversity of Africa

November 29, 2023 Samson Ayodeji

YouTube has launched “The Voices of Africa,” a social campaign to showcase the continent’s distinctive and traditional expressions, ahead of the Christmas period, during which many Africans travel to their hometowns outside of the cities in which they are based. The campaign aims to highlight the richness of the continent’s […]

Amidst a government crackdown in China, Jack Ma develops a $1.4 million food processing enterprise

November 27, 2023 Samson Ayodeji

Jack Ma, a co-founder of Alibaba, has reappeared with a new business called “Hangzhou Ma’s Kitchen Food.” The rich businessman, who withdrew from the spotlight in 2020 after an industry crackdown spearheaded by the government, has contributed $1.4 million to this project. Hangzhou China’s National Enterprise Credit Information Publicity System […]

Changpeng Zhao, the CEO of Binance, has resigned and is anticipated to enter a guilty plea to a criminal charge

November 22, 2023 Samson Ayodeji

According to sources, Changpeng Zhao, also known as CZ, the co-founder and CEO of Binance, decided to step down from his position at the exchange on Tuesday. This is happening as the US Department of Justice (DOJ) gets ready to declare that it has reached a $4.3 billion settlement with […]

Telecom companies want a swift resolution as USSD bank debt reaches $200 billion

November 18, 2023 Samson Ayodeji

The telecom operators disclosed on Thursday that they owed $200 billion to Deposit Money Banks (DMBs) for Unstructured Supplementary Service Data (USSD). The telecom operators are represented by the Association of Licenced Telecommunications Operators of Nigeria (ALTON). At a stakeholder meeting in Lagos with Dr. Aminu Maida, the Executive Vice […]

For consumers in Africa, Google launches a generative AI experience on Search

November 9, 2023 Samson Ayodeji

As an opt-in experiment in Search Labs, Google began rolling out its Search Generative Experience (SGE) to users in the Sub-Saharan Africa region yesterday. The AI-powered experience is currently only available in English, the tech giant announced. Google is adding these potent new capabilities to its Search platform with the […]