Author: Journalist Benedict

On-chain credit is a blockchain-based system that allows lending and borrowing to happen in a decentralized, permissionless, and borderless way. It removes the need for banks or middlemen and helps people who can’t access traditional credit services, like the unbanked, underbanked, or those with no formal credit history. Unlike traditional loans that usually require collateral or credit scores from central agencies, on-chain credit can issue loans based on someone’s income, on-chain behavior, and digital reputation. This opens up a new way to borrow and lend that’s more flexible and inclusive. In fact, the market for tokenized private credit grew by…

Explore how flash loan attacks expose hidden risks in decentralized finance, compromise blockchain security, and lead to massive crypto losses. 1. Introduction to Flash Loan Attacks 1.1 What Are Flash Loan Attacks? Flash loan attacks are one of the most serious security threats in the world of decentralized finance (DeFi). These attacks take advantage of weaknesses in DeFi protocols and can cause major losses for users, platforms, and liquidity providers. But what is a flash loan? A flash loan is a special type of loan in DeFi that doesn’t need any collateral. Traditional loans require you to offer something of…

Your Complete Guide to Thriving in the Booming E-commerce Industry (2025) Introduction: Kenya’s Booming Digital MarketplaceKenya’s e-commerce industry is experiencing tremendous growth. Today, anyone with internet access and the right products can sell to customers across the country—right from their home. This is the power of online selling. It has transformed the way Kenyans shop. People now go online to compare prices, read reviews, and search for better deals before making a purchase. Think about it—how often do you buy something without checking online first?This shift in behavior has opened massive opportunities for sellers. Whether you’re an experienced entrepreneur or…

Tensions flared into full-blown chaos at the Machakos County Assembly after a heated disagreement among Members of County Assembly (MCAs) led to a violent physical confrontation over proposed changes in the assembly’s leadership structure. The dramatic scenes unfolded during a session where fists and kicks were thrown freely among lawmakers, following a bitter standoff triggered by alleged efforts to reshuffle key leadership roles—particularly on the minority side of the house. According to reports, the chaos began shortly after the Speaker of the County Assembly formally announced leadership changes said to have been initiated by the Wiper Democratic Movement. The Speaker…

Super Metro Sacco has broken its silence following a road accident involving one of its buses that overturned along the busy Thika Superhighway. The incident occurred near Burudani Address in Juja and resulted in injuries to several passengers, causing panic among commuters and creating a major traffic jam along the highway. In a statement issued on Tuesday, June 10, Super Metro clarified that the accident was caused by a speeding lorry that lost control and hit the bus. According to preliminary investigations, the lorry was swerving at high speed before it rammed into the Super Metro bus, causing it to…

Treasury Cabinet Secretary (CS) John Mbadi has firmly denied recent claims that the government is planning to introduce Value Added Tax (VAT) on essential goods like bread, milk, and maize flour (commonly referred to as unga) in the proposed 2025 Finance Bill. Speaking at a town hall meeting held in Kibera, Nairobi, CS Mbadi addressed growing concerns by clarifying that these rumours were not based on the actual contents of the bill. He dismissed the allegations as false and described them as propaganda allegedly created and spread by opposition groups for political gain. Mbadi emphasized that none of the mentioned…

As cryptocurrency grows from a niche investment to a major asset class, governments around the world are figuring out how best to regulate it. By September 2024, some countries had introduced clear rules to protect investors and limit misuse, while others are still observing and planning. Key Highlights United States In 2022, the U.S. introduced a regulatory framework that gave authority to bodies like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to oversee crypto activities. The SEC, in particular, has taken a strong position by filing lawsuits against major crypto companies like Ripple, Coinbase,…

New revelations have emerged regarding the mysterious death of popular online influencer Albert Ojwang, as the family’s lawyer shared disturbing details after viewing his body at the City Mortuary. The young influencer died on Sunday, June 8, with police confirming he succumbed to serious head injuries. However, the exact cause and events leading to his injuries remain highly disputed. Speaking to the media on Monday, June 9, the family’s legal representative disclosed that Ojwang’s body showed multiple signs of physical trauma, especially on the head, shoulders, and one arm. The lawyer described the head as severely swollen, with visible bleeding…

China has pledged to offer over 500 scholarships to Kenyan students as part of a major new partnership aimed at strengthening Kenya’s health sector, Health Cabinet Secretary (CS) Aden Duale has announced. Speaking on Monday, June 9, Duale stated that the Chinese government will also initiate 20 annual student exchange programmes with Kenya. These programmes are specifically designed to improve training and skill development in the local healthcare system. According to the CS, these initiatives are part of a broader strategy to build a solid pipeline of health professionals and leaders who can support the long-term growth of the country’s…

Starting today, Kenyans can now use the Hustler Fund to pay for their Social Health Authority (SHA) insurance contributions, thanks to a new update in the government’s loan system. This latest change allows citizens to borrow from the Hustler Fund to cover their SHA premiums and repay the loan in flexible installments. A spot check by newshub.co.ke confirmed that many users received SMS notifications explaining how to make SHA contributions using the Lipa Pole Pole (Pay Slowly) feature linked to Hustler Fund. This development especially benefits Kenyans in the informal sector who may not be able to afford the full…