Author: Journalist Benedict

Blockchain technology is no longer just about cryptocurrencies. Today, it’s merging with real-world assets (RWA) like real estate to completely change how people buy, sell, and borrow against physical properties. Two major trends are leading this shift: real-world asset tokenization and crypto-backed lending. These technologies are creating fresh opportunities by making assets more liquid (easier to trade or sell) and more accessible to everyone. The Growing Popularity of RWA Tokenization Tokenizing real-world assets means converting physical or financial assets—such as land, houses, gold, stocks, or bonds—into digital tokens on a blockchain. These tokens represent ownership and can be traded, sold,…

In recent years, Central Bank Digital Currencies (CBDCs) have captured global attention. While the idea is relatively new to India, many countries have already begun embracing CBDCs to strengthen their economies. Back in 2020, about 80% of central banks were exploring the concept. Today, over 90% of countries are actively researching or testing CBDCs. Why is CBDC Gaining So Much Focus? There are several key reasons behind the growing interest in CBDCs: Central banks are increasingly turning to digital currencies as a way to gain better visibility into the movement of money and to combat financial crimes. Financial institutions, policymakers,…

Smart contracts are the backbone of Web3. They manage billions in crypto assets, power DAOs, enable DeFi lending, run blockchain games, and enforce digital ownership rights. However, with this incredible potential also comes serious complexity and risk. From mismanaged permissions to flawed logic and hidden code dependencies, weaknesses in smart contracts are more than just bugs—they’re open doors for hackers. In 2024 alone, the Web3 space lost over $2 billion to security breaches and exploits. As blockchain platforms scale and integrate more complex logic across multiple chains, security can no longer be treated as an afterthought—it needs to be part…

In the fast-moving world of Decentralized Finance (DeFi), the combination of flash loans and arbitrage bots has completely transformed how trading strategies work. This blend offers savvy traders and developers a unique opportunity to profit from price differences in the market without needing large amounts of money upfront. In this in-depth guide, we’ll walk through how flash loans work, how they pair with arbitrage bots, the benefits, risks, and smart tips for using them successfully. What Are Flash Loans? Flash loans are one of the most revolutionary tools in the DeFi space. They allow users to borrow digital assets instantly…

ODM party leader Raila Odinga has come out strongly in support of Secretary General Edwin Sifuna, following criticism over Sifuna’s recent remarks on the Kenya Kwanza-ODM agreement. Raila defended Sifuna’s right to speak his mind, saying that in ODM, democracy allows for differing opinions, and every leader has the freedom to voice their views—whether popular or not. While addressing ODM delegates in Kakamega, Raila emphasized that Sifuna had done nothing wrong by questioning the implementation of the Memorandum of Understanding (MoU) between ODM and Kenya Kwanza. He maintained that expressing personal views is part of democracy and a core value…

Principal Secretary for Basic Education, Julius Bitok, has moved to calm worried parents, firmly stating that the government is not planning to scrap the free education programme in Kenya. Speaking during a prize-giving ceremony at St. Thomas Girls’ Secondary School in Kilifi County on Friday, July 25, Bitok emphasized that free education remains a top priority for the Ministry of Education and assured parents that their children’s schooling will not be interrupted by extra financial burdens. He explained that the Ministry is already working behind the scenes to lobby Parliament for a bigger education budget. These funds would help cover…

Teachers across Kenya could soon down their tools after the Kenya National Union of Teachers (KNUT) issued a firm warning of a looming nationwide strike. The union’s Secretary General, Collins Oyuu, on Friday, July 25, declared that the government must act fast and honour the recently signed Collective Bargaining Agreement (CBA) or face massive disruption in schools. This warning comes just as the country is grappling with the shocking announcement that free basic education may no longer be viable. The CBA in question was signed between the Teachers Service Commission (TSC), KNUT, the Kenya Union of Post Primary Education Teachers…

Interior Cabinet Secretary Kipchumba Murkomen has announced a new initiative that offers scholarships to individuals involved in banditry—if they willingly surrender their illegal firearms. Speaking on Friday, July 25, during the “Jukwaa la Usalama” (Security Forum) in Elgeyo Marakwet, Murkomen emphasized that the government’s goal is to promote peace by helping former bandits turn their lives around through education and vocational training. Murkomen explained that those who turn in their weapons voluntarily, without having committed any major crimes, will not face legal charges. Instead, the government will forgive them and take things a step further by offering them access to…

The Kenyan government, under President William Ruto’s leadership, has won a major legal battle involving Ksh260 billion at the London Court of International Arbitration. The case had been filed by Rift Valley Railways (RVR), which accused Kenya and Uganda of unlawfully ending a railway construction and operation contract before its expiry. The dispute dates back to 2020, when RVR took both governments to court after they cancelled a 25-year concession agreement that allowed the company to run freight and passenger trains between the two countries. The agreement was meant to improve rail transport across Kenya and Uganda. However, in 2017,…

Lawyer-turned-activist Morara Kebaso has announced that he will refund all Kenyans who contributed money during his campaign fundraising drive. In a statement shared on his social media on Friday, July 25, Kebaso explained that the refund offer is meant for individuals who felt their donations were misunderstood as an endorsement of his political ambitions. He urged anyone seeking a refund to respond directly to his post by sharing their M-Pesa transaction message or retrieving their M-Pesa statement to provide the transaction reference code. Once verified, Kebaso assured that he would reimburse the exact amount sent. “If you feel you contributed…