Author: Solomon Alaka

Blockchain’s Hidden Weakness: How Insider Fraud Can Threaten Decentralized Security

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Blockchain is often praised for its security, transparency, and decentralization, but it is not immune to risks—especially when insiders collaborate to exploit vulnerabilities. Here’s a breakdown of its security strengths and potential weaknesses: How Secure Is Blockchain? Blockchain security relies on three key principles: Despite these strengths, blockchain is not invincible. Security breaches often stem […]

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AI and Responsible Finance: A Double-Edged Sword | Blog

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Artificial intelligence (AI) is rapidly revolutionizing our lives, interactions, and finances. It offers a transformative opportunity to boost financial inclusion, especially in emerging and developing economies (EMDEs). AI enables financial institutions to operate more efficiently and cost-effectively, improving performance and unlocking capabilities beyond human limits, particularly in terms of speed and precision. For example, AI-powered […]

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Sudan: UN rights chief appeals for greater protection of civilians in besieged El Fasher

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“The horror unfolding in Sudan knows no bounds,” Volker Türk said in a statement calling for an end to the war between the Sudanese Armed Forces (SAF) and former ally the Rapid Support Forces (RSF), now in its third year. He noted that three days ago, the RSF launched coordinated attacks from multiple directions on […]

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Warren Buffett Criticizes U.S. Tariffs as ‘Weapon’ at Berkshire Hathaway Annual Meeting

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At the 2025 Berkshire Hathaway annual meeting, Warren Buffett expressed strong opposition to the U.S. administration’s use of tariffs, describing trade as a “weapon” as a “big mistake” . He emphasized that trade should be a mutually beneficial exchange, not a tool for economic confrontation. Buffett’s comments come amid ongoing trade tensions, including significant tariffs […]

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Severe Flight Delays Hit Newark Airport Following Staffing Shortages, Equipment Failures, and Construction Disruptions

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Newark Liberty International Airport (EWR) is currently experiencing significant flight disruptions due to a combination of staffing shortages, equipment failures, runway construction, and adverse weather conditions. Causes of Disruptions Impact on Airlines and Passengers FAA’s Response and Future Outlook The FAA has acknowledged the staffing and equipment issues and is working to address them. However, […]

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Finance Meets AI: Considerations for Public Authorities | Blog

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Imagine a world where a single click approves a loan, insurance claims are settled in seconds, and financial advisors aren’t human, but highly intelligent machines. This is not science fiction anymore; it is the reality of today’s financial landscape. As AI continues to revolutionize the financial sector, it brings both unprecedented opportunities and unique challenges. […]

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Oracle Doubles Down on AI: $2.3B Spent in Q4, $16B Projected for FY25

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Oracle is intensifying its commitment to artificial intelligence, reporting $2.3 billion in AI-related expenditures for the fourth quarter of fiscal year 2024. This marks a significant increase from the previous year and sets the stage for a projected $16 billion investment in AI infrastructure throughout fiscal year 2025, effectively doubling its 2024 spending . This […]

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Kuwait Cracks Down on Crypto Mining Due to Power Crisis

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Kuwait has intensified its crackdown on cryptocurrency mining, citing the practice as a significant contributor to the nation’s ongoing power crisis. The Interior Ministry initiated a widespread operation targeting homes engaged in illegal crypto mining activities, leading to investigations of over 60 individuals. Authorities argue that these operations unlawfully exploit electrical power, potentially causing outages […]

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Belarus Releases U.S. Citizen Youras Ziankovich After Years of Imprisonment

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Belarus has released Youras Ziankovich, a U.S. citizen and lawyer with dual Belarusian-American nationality, who had been imprisoned for over three years on charges widely condemned as politically motivated. Ziankovich was arrested in Russia in April 2021 and later transferred to Belarus, where he was sentenced to 13.5 years in prison on allegations of plotting […]

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Beyond the Balance Sheet: How Data is Rewriting the Investment Playbook | Blog

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For years, there has been some hope that inclusive credit fintechs—those targeting micro and small enterprises (MSEs) with responsible digital credit—would narrow the financial inclusion gap. The expectation was that they could outperform traditional microfinance institutions (MFIs) by being faster, cheaper, more scalable, and better equipped to serve hard-to-reach clients. While some success stories have […]

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