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Showing posts from June 12, 2025

Bitcoin is Changing Lives in Kenya’s Largest Slum — Here’s How By ChainFabricNews

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Image source: YOUTUBE   In a place where most people don’t have bank accounts or credit cards, something unexpected is happening — Bitcoin is quietly becoming a lifeline . Welcome to Kibera , the largest slum in Nairobi, Kenya. Home to over 250,000 people, it’s a neighborhood full of resilience, challenges, and now — innovation. Over the past few months, hundreds of locals have started using Bitcoin for simple, everyday things: buying groceries, paying for transport, and even saving money . Why Are People Using Bitcoin in Kibera? For most of us, banking is easy. We swipe cards, use UPI apps, or send money online without thinking twice. But in Kibera, it's a different story. Many people here don’t qualify for traditional bank accounts. Even Kenya’s famous mobile money service, M-PESA, charges high fees that can make small transactions expensive. That’s where Bitcoin comes in. Through a project by a nonprofit called AfriBit Africa , people are being trained to use digital wallets...

Ant Group Eyes Stablecoin License in Hong Kong — A Game Changer for Global Payments? By ChainFabricNews

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Image source: The coin Republic In a bold new move, Ant International — the overseas arm of China’s Ant Group — is getting ready to step into the world of stablecoins. The company recently announced its plan to apply for a stablecoin license in Hong Kong under the city’s brand-new regulatory framework, which kicks in on August 1, 2025 . This could mark a major shift not only for Ant Group but also for the future of digital payments across Asia and beyond. What’s a Stablecoin and Why Is Ant Interested? A stablecoin is a type of cryptocurrency that's backed by real-world assets, such as the US dollar or other fiat currencies. It’s designed to hold a steady value, unlike more volatile cryptos like Bitcoin. This makes stablecoins especially useful for things like cross-border payments, remittances, and fast online transactions . Ant International, best known globally for powering Alipay’s cross-border payment systems, says it's ready to explore the stablecoin space by applying fo...

Massive Crypto Money Laundering Syndicate Uncovered in Australia By ChainFabricNews

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Image source: Financial Crime Academy    In a shocking turn of events, Australian authorities have busted one of the country’s biggest crypto-related money laundering operations, estimated to have handled over A$190 million . What looked like a typical Gold Coast security business was actually part of a sophisticated network converting dirty cash into digital currency—and it all came crashing down after an 18-month investigation. How It All Started The story began back in late 2023, when law enforcement agencies noticed unusual financial activity linked to a cash-in-transit business. At first glance, the company seemed legitimate. But behind the scenes, it was allegedly being used to clean vast sums of illicit money by blending it with lawful business income and converting it into cryptocurrency. After months of surveillance, digital tracking, and old-fashioned detective work, police made their move in June 2025. Four People Arrested Four individuals have been arrested an...

Japan’s Metaplanet Is Turning Heads with a Bold Bitcoin Bet By ChainFabricNews

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Image source: Bitcoin World In a move that’s surprising even longtime investors, a Tokyo-based hotel company called Metaplanet is making a massive shift—from managing hotels to becoming one of the biggest corporate holders of Bitcoin in the world. Yes, you read that right. What was once a traditional hospitality firm is now aiming to buy 210,000 Bitcoins (around 1% of all the BTC that will ever exist) by 2027. To fund this, the company plans to raise over $5 billion . It’s a bold and unusual strategy, and it’s capturing the attention of the crypto world and financial markets alike. From Beds to Blockchain Metaplanet is following in the footsteps of U.S.-based MicroStrategy , a company known for using its cash and stock to stack Bitcoin. Metaplanet’s stock has seen massive gains in just a couple of years, with prices skyrocketing over 8,000% since it started its crypto journey. Instead of buying more hotels or expanding its real estate business, Metaplanet is issuing millions of sha...

Poland Becomes a Surprise Leader in Bitcoin ATM Growth By ChainFabricNews

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Image source: CryptoRank  Poland is quickly emerging as a major player in the world of cryptocurrency. In early 2025, the country quietly overtook El Salvador to become the fifth-largest Bitcoin ATM hub globally , with over 219 active machines spread across cities and towns. This unexpected rise shows how Poland is embracing digital assets in both urban and suburban areas—and doing it at a remarkable pace. 🚀 A Fast-Paced Expansion The growth has been nothing short of impressive. In just four months, Poland added 24 new Bitcoin ATMs. One day even saw 10 machines installed across multiple locations—a record for the country. Whether you're walking through Warsaw or visiting smaller towns, there’s a good chance you’ll now spot a Bitcoin ATM. These machines allow people to buy or sell Bitcoin using cash , making it easier for anyone—regardless of technical knowledge or banking access—to participate in the crypto economy. 👥 What Are People Saying? The Polish crypto community has ...