Author: Teererai Mukonavanhu

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Teererai Mukonavanhu

I'm a crypto, blockchain, and tech writer. I spend my time researching and writing about cryptocurrency, NFT, AI, and new technology.

Articles by Teererai Mukonavanhu

SunMoney Solar Group’s Innovative Approach to Renewable Energy with SDBN Tokens

7 months ago 3 mins read

In a rapidly growing world, SunMoney Solar Group stands out as a leader in innovation by blending the renewable energy sector with blockchain technology. Their Community Solar Power Plant Program has already united over 50,000 members from across 60 countries. By democratizing access to solar investments and nurturing an international community of renewable energy supporters, SunMoney Solar Group is revolutionizing the energy landscape. At the heart of their visionary approach lies the SDBN token, which is backed by their solar power production capacity. This innovation empowers token holders with a hybrid earning program. It also allows them to benefit from

Kazakhstan’s Crypto Miners Facing Crisis Amid Soaring Energy Costs

7 months ago 2 mins read

Kazakhstan, known as the world’s third-largest Bitcoin mining hub in terms of hash rate, is currently grappling with a severe crisis in its crypto mining sector, largely attributed to skyrocketing energy expenses. In a notable development, eight prominent cryptocurrency mining companies, including industry players such as BCD Company, TT TECH Limited, KZ Systems, AI Solutions, Green Power Solution, VerCom, and Kinur Invest, have penned an open letter addressed to President Kassym-Jomart Tokayev. In this heartfelt letter, these leaders within the crypto mining realm shed light on the dire circumstances faced by the Kazakh crypto mining community due to exorbitant energy

Hong Kong Crypto Venture Capital Firm Launches $100 Million Fund for Asian Blockchain Startups

7 months ago 1 min read

Hong Kong’s CMCC Global, a venture capital firm with a focus on the crypto sector, has successfully raised $100 million to support blockchain startups in Asia. This initiative, known as the Titan Fund, recently concluded its first round of funding on October 4th, with 30 investors participating. Among the notable investors are blockchain firm Block.one, Hong Kong magnate Richard Li’s Pacific Century Group, Winklevoss Capital, Jebsen Capital, and Animoca Brands founder Yat Siu, as reported by the South China Morning Post. The Titan Fund has identified specific areas for investment, including blockchain infrastructure, consumer applications such as gaming and nonfungible

TikTok Explores Monthly Subscription Option Without Ads

7 months ago 1 min read

TikTok is currently testing a monthly subscription that would remove ads from the popular video-sharing platform. While the Chinese company hasn’t disclosed the exact market for this test, it’s being conducted in an English-speaking region outside the US. The subscription is priced at $4.99 (£4.13), and the scope of the rollout remains uncertain. Meta, the parent company of Facebook and Instagram, is reportedly contemplating ad-free subscriptions for European Union users to comply with the bloc’s advertising regulations. The proposed subscription would cost around €10 (£8.68) per month for desktop use and €13 (£11.28) per month for mobile users who opt

Coinbase Secures Payment License in Singapore

7 months ago 1 min read

Coinbase crypto exchange has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This means that Coinbase will now be able to offer its digital payment token services to individuals and institutions in Singapore. The MPI license is a highly regulated license that allows financial institutions to provide a wide range of payment services, including money transfers, payment processing, and foreign exchange. To obtain an MPI license, financial institutions must meet strict requirements set by the MAS, including having a strong track record of compliance and financial stability. Coinbase’s CEO, Brian Armstrong, said that

Why USDT and USDC Face a $20 Million Risk on PulseChain

7 months ago 2 mins read

In the fast-paced world of cryptocurrencies, PulseChain has emerged as an exciting blockchain platform. However, recent developments have cast a shadow over the security of over $20 million worth of USDT (Tether) and USDC (Circle) tokens on PulseChain. PulseChain is known for its innovative blockchain, which allows users to bridge assets from other blockchains. In this case, it enables the transfer of USDT and USDC, two significant stablecoins in the crypto world, to PulseChain. This integration opens up exciting possibilities for decentralized applications and transactions. However, it also brings to light a critical issue: the potential for these tokens to

Asset manager Valkyrie receives approval to convert its existing Bitcoin futures exchange-traded fund (ETF)

7 months ago 1 min read

Asset manager Valkyrie has received approval to convert its existing Bitcoin futures exchange-traded fund (ETF) into a unique investment vehicle that includes both Bitcoin and Ethereum futures contracts. In a recent statement, a spokesperson from Valkyrie announced, “Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures contracts, making it the first US ETF to provide exposure to Ether and Bitcoin futures contracts under one wrapper.” This development sets Valkyrie apart as a pioneer in the ETF market, particularly in offering exposure to both Bitcoin and Ethereum futures within a single fund. Valkyrie secured approval for

BitMEX Considers Selling $100M in Digital Assets Amid Insurance Fund Rebalancing

7 months ago 1 min read

BitMEX, a crypto derivatives trading platform, is considering selling around $100 million worth of digital assets, including Tether (USDT) and Ethereum (ETH), from its insurance fund. This move is part of the exchange’s fund reallocation process, which is set to take place over the coming weeks. While BitMEX has not disclosed the details of its banking partners or the exact amount of funds to be reallocated, its insurance fund dashboard revealed that it currently holds $80.2 million worth of USDT and 12,751.1611 ETH as of September 27. Additionally, the exchange holds a substantial amount of Bitcoin (XBT), approximately 36,769.3244 XBT,

All You Need to Know About Google Pixel 8: Release Date, Price, Specs, and Rumors

7 months ago 8 mins read

The Pixel 7 is a solid smartphone, but it won’t be the newest member of the Pixel family for much longer. Google is gearing up to unveil the Pixel 8 series in October, and there are high hopes that it will address some of the issues that plagued the Pixel 7. One of the main concerns with the Pixel 7 was overheating problems, as well as weaker battery life and slow charging speeds. Many users were not pleased with these shortcomings. Will the Pixel 8 series finally tackle these issues? We certainly hope so! Android Authority has been collaborating with

Lazarus Hackers Group Amasses 137 Million TRX in TRON Following CoinEx Breach

7 months ago 2 mins read

Recent data from blockchain security firm PeckShield has revealed that the infamous North Korean-sponsored hacking collective, Lazarus Group, has amassed a significant amount of TRON (TRX) in its crypto holdings. The data, published on September 26, 2023, indicates that the group now holds over 137 million TRX tokens, valued at approximately $11.63 million. Lazarus Group’s TRX holdings account for roughly 0.154% of the total TRON supply, making it the 66th largest TRX holder. TRON, with a total supply of 89 billion tokens, currently boasts a market capitalization of $7.5 billion. This revelation comes in the wake of a major hack

Unclaimed ARB Tokens Worth $56 Million Distributed by Arbitrum DAO in Airdrop

7 months ago 1 min read

Arbitrum, a significant layer-2 scaling solution for the Ethereum blockchain, has taken a decisive step by adding the unclaimed tokens from its airdrop to its treasury. The Arbitrum Foundation recently completed the transfer of 69.4 million unclaimed Arbitrum (ARB) tokens to its decentralized autonomous organization (DAO), known as the Arbitrum DAO, on September 24th. This action signifies the conclusion of the ARB token claim process, and users are now unable to claim ARB tokens any further, as reiterated by the Arbitrum Foundation. As of the current market conditions, the total value of the transferred ARB tokens is approximately $56 million.

Google Cloud Expands BigQuery with 11 New Blockchains for Data Analytics

7 months ago 1 min read

Google Cloud’s BigQuery data analytics service has expanded its support to include 11 additional blockchains. These newly integrated blockchains are Avalanche, Arbitrum, Cronos, Fantom, Near, Optimism, Polkadot, Polygon, and Tron, as well as the test networks Polygon Mumbai and Ethereum Goerli. With this expansion, Google Cloud users can now perform more intricate on-chain queries, such as analyzing the number of NFTs created or comparing transaction fees across these various blockchain networks. The integration also extends to end-user applications like Looker and Google Sheets. BigQuery, a managed data warehouse service provided by Google Cloud, empowers users to execute SQL-like queries on