Author: Editor

What Are Flash Loans? A flash loan is a unique type of uncollateralized loan that allows users to borrow assets without providing any security upfront. However, the condition is that the loan must be repaid within the same blockchain transaction. If the borrower fails to return the funds within the same transaction, the entire process is automatically reversed as if the loan never took place. Because of this mechanism, flash loans are also called “single-transaction loans.” The decentralized finance (DeFi) ecosystem was created to bring traditional financial services such as lending, borrowing, trading, and derivatives onto blockchain networks. As DeFi…

The rapid rise of high-frequency trading (HFT) has made it crucial for industry professionals and investors to understand the key terms associated with this fast-paced trading method. Many HFT-related terms originate from computer networking and systems technology, which makes sense because HFT relies on advanced computer infrastructure and cutting-edge software. Below, we discuss 10 essential terms that will help you grasp the fundamentals of high-frequency trading. Co-Location Co-location refers to the practice of placing computers owned by HFT firms and proprietary trading companies within the same physical location as an exchange’s servers. This setup allows these firms to receive market…

In traditional finance, credit scores determine an individual’s ability to secure loans. However, in decentralized finance (DeFi), a new concept is emerging—crypto loans based on on-chain reputation. Instead of relying on centralized credit agencies, these loans assess a user’s transaction history, wallet activity, and DeFi participation to determine creditworthiness. Understanding On-Chain Reputation in DeFi On-chain reputation is a decentralized way of assessing a user’s trustworthiness based on their blockchain activity. Unlike traditional credit scores, which are controlled by financial institutions, on-chain reputation is transparent and publicly verifiable on blockchain networks. A user’s on-chain reputation is built through: How Crypto Loans…

Flash loans have revolutionized the financial world by offering instant, uncollateralized borrowing within decentralized finance (DeFi). Originally designed for arbitrage and liquidation strategies, flash loans have now found a crucial role in high-frequency trading (HFT), allowing traders to execute rapid, complex strategies without upfront capital. What Are Flash Loans? Flash loans are a type of uncollateralized loan available in DeFi, typically offered on platforms like Aave and dYdX. They allow users to borrow any amount of crypto, execute transactions, and repay the loan—all within a single blockchain transaction. If the loan isn’t repaid by the end of the transaction, the…

Tragedy struck Ramba High School on Saturday evening when two Form Four students lost their lives after a septic tank collapsed beneath them. According to reports, the heartbreaking incident occurred around 6 PM while the students were socializing with their peers. The septic tank unexpectedly gave way, plunging the two boys into the pit. Rarieda Member of Parliament Otiende Omollo took to social media to express his sorrow over the tragic loss. He revealed that investigations had already been launched to establish the circumstances that led to the incident. “Another tragedy! Saddened to learn that two young boys from Ramba…

Five people lost their lives after a Kenyan-registered cargo plane crashed approximately 24 kilometers southwest of Mogadishu. Reports indicate that the aircraft, a DHC-5D Buffalo operated by Trident Aviation, lost contact with air traffic controllers shortly before the crash. The Somali Civil Aviation Authority (SCAA) confirmed the tragic incident, stating that the crash occurred at around 5:43 PM on Saturday. Authorities are still investigating the circumstances that led to the accident. In an official statement, the SCAA disclosed that the ill-fated flight had taken off from Dhobley, a town in the Lower Jubba region, and was en route to Aden…

Kenya Power has refuted allegations circulating online that it deliberately cut off electricity at the Anglican Church of Kenya (ACK) in Mathira, where former Deputy President Rigathi Gachagua was attending a church service. In a statement shared on social media on Sunday, March 23, Kenya Power clarified that the power outage in parts of Nyeri County was due to planned maintenance, which had been scheduled in advance. The company emphasized that affected areas were informed a day prior. “Good afternoon, sir. Kindly note that various parts of Nyeri County and surrounding areas were scheduled for planned maintenance today, March 23,…

Kenyan Fans Force Entry Into Nyayo Stadium for Gabon Match There was chaos at Nyayo Stadium on Sunday, March 23, as football fans eager to watch Kenya’s World Cup qualifier against Gabon broke through a gate to gain access to the venue. The Football Kenya Federation (FKF) had earlier announced that all 22,900 tickets allocated for the historic home qualifier had been sold out, leaving many fans without access to the stadium. Despite this, hundreds of hopeful supporters gathered outside the stadium, determined to find a way in. Videos obtained by Newshub.co.ke captured the moment when a large crowd forced…

Mumias East Member of Parliament, Peter Salasya, faced a dramatic and humiliating ordeal at Nyayo Stadium on Sunday, March 23, when he was attacked and forcefully ejected from the venue. Salasya was among thousands of Kenyans who had gathered to witness Kenya’s crucial World Cup qualifier match against Gabon. However, what was supposed to be an exciting football experience turned into a nightmare for the outspoken MP as he found himself embroiled in a confrontation with a section of the crowd. Videos obtained by Newshub.co.ke captured chaotic scenes of Salasya being manhandled by an angry group of fans who aggressively…

Former Deputy President Rigathi Gachagua faced a moment of tension on Sunday, March 23, after being briefly prevented from leaving the ACK Cathedral in Nyeri town. Videos obtained by Newshub.co.ke show a crowd gathering outside the church, engaging in a heated confrontation with some residents. The situation quickly escalated, forcing police officers to intervene and restore order. Earlier in the day, former Nyeri Town MP Ngunjiri Wambugu had taken to social media, alleging that a group of individuals had been mobilized outside the church to confront Gachagua. “So, there are goons outside our church, brought in from Mathira, intending to…