Author: Editor

In the fast-evolving world of digital finance, institutional players are shaping the future of crypto borrowing and lending markets. Hedge funds, asset managers, and trading firms increasingly rely on crypto borrowing to gain liquidity, hedge risks, or leverage trading strategies. With this demand growing, predictive analytics has become an essential tool for lenders and platforms to anticipate market behavior and manage risks effectively. Understanding Institutional Crypto Borrowing Institutional borrowing in crypto markets involves large-scale loans of digital assets such as Bitcoin, Ethereum, or stablecoins. Unlike retail borrowing, these transactions are typically structured, collateralized, and executed through lending platforms, custodians, or…

The Tragic Story of the Murakaru Brothers: University Graduates Behind Kenya’s Boldest Bank Heist In November 2017, Kenya witnessed one of the most daring and shocking robberies in its history. The masterminds were none other than two university-educated brothers, Charles Mwangi and Halford Munene, together with their cousin Julius Ndung’u. The three men, popularly remembered as the Murakaru brothers, carefully planned and executed a money heist that left the nation both stunned and fascinated. The gang used an unusual method to carry out their operation. Instead of storming into the Kenya Commercial Bank (KCB) branch in Thika, they decided to…

A shocking incident has unfolded in Luanda, Vihiga County, where a police officer was allegedly shot and killed by his colleague while on duty. The tragic shooting happened at a government fertilizer depot, leaving residents and fellow officers in disbelief. The officer who lost his life has been identified as Nicholas Samoei. According to reports, he sustained a fatal gunshot wound to the head and died at the scene. The circumstances surrounding the shooting remain unclear, but the incident has already triggered a massive investigation. How the Incident Happened The two officers had been deployed to guard the Esirabe fertilizer…

Bungoma Governor Kenneth Lusaka has once again shaken up his county government leadership through a cabinet reshuffle, a move that has drawn attention across the region. The announcement, made on Saturday, August 23, 2025, comes as part of what the Governor described as a wider plan to strengthen service delivery, improve accountability, and ensure his administration remains focused on development rather than political distractions. Although full details of the latest changes have not yet been made public, sources close to the county government confirm that several County Executive Committee Members (CECMs) and senior directors have been reassigned to new roles.…

Hospitals Warn of Possible Nationwide Shutdown Over Unpaid Government Bills The Rural and Urban Private Hospitals Association of Kenya (RUPHA) has raised the alarm over a looming crisis in the country’s healthcare sector, warning that many private hospitals could soon close their doors due to long-standing delays in government compensation. Speaking during a press briefing in Meru, RUPHA Chairman Dr. Brian Lishenga said that the government has failed to pay billions of shillings owed to private hospitals under the now-defunct National Health Insurance Fund (NHIF) and its successor, the Social Health Authority (SHA). He explained that the unpaid bills have…

National Assembly Speaker Moses Wetangula has raised concerns about the growing tension between Parliament and the Judiciary, pointing out that Members of Parliament (MPs) are frustrated by the frequent issuance of conservatory orders against parliamentary decisions. Speaking on Friday, August 22, during the first-ever Joint Forum that brought together leaders from the National Assembly and the Judiciary, Wetangula explained that MPs were unhappy because the constant injunctions from judicial officers were interfering with Parliament’s ability to carry out its legislative duties. He noted that, in many cases, laws passed by the National Assembly were later challenged and declared unconstitutional by…

Ruto Pledges Extra Thank You Package to Harambee Stars Despite CHAN Exit President William Ruto has assured the Harambee Stars that they will receive an additional thank-you package as recognition for their impressive performance at the 2024 African Nations Championship (CHAN), even though the team did not progress further in the tournament. The promise was delivered to the players on Friday, August 22, shortly after their match, through Deputy President Kithure Kindiki. While addressing the squad, Kindiki conveyed the President’s message, emphasizing that Kenyans were proud of how the Stars had represented the nation on the continental stage. “Forget about…

The British Government has agreed to release compensation worth approximately Ksh517.2 million ($4 million) to thousands of Kenyans who were affected by a destructive fire in 2021 linked to the British Army Training Unit Kenya (BATUK). The fire, which broke out in March 2021 during a military training exercise, spread quickly through the Loldaiga Hills Conservancy in central Kenya. It burned more than 10,000 acres of protected forest and grassland, destroying wildlife habitats and exposing nearby communities to dangerous toxic smoke for days. According to residents, the blaze created a health and environmental crisis. Many families reported suffering from respiratory…

Kenya’s football fans were left heartbroken on Friday, August 22, after the national team, Harambee Stars, was knocked out of the 2024 African Nations Championship (CHAN) by Madagascar. The quarter-final clash, played at the Moi International Sports Complex in Kasarani, ended in dramatic fashion with Kenya narrowly missing out on a place in the semi-finals. The tightly contested game saw both sides put up a spirited fight, with the final score locked at 1–1 after extra time. The fate of the match was then decided through a tense penalty shoot-out, where Madagascar held their nerve and triumphed 4–3, dashing Kenya’s…

Decentralized finance (DeFi) has come a long way since the first decentralized exchanges and automated market makers appeared. Over the years, protocols have moved beyond simple token swaps and lending pools, evolving into an entire financial ecosystem that competes with traditional banking. However, while innovation has been rapid, user experience (UX) in DeFi remains one of its biggest challenges. The introduction of Layer-3 lending protocols is now being seen as the next major step in bridging that gap—bringing speed, simplicity, and accessibility to mainstream users. Understanding the Layers in DeFi To understand the role of Layer-3, it’s important to first…