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Ethiopia Tigray conflict

Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’

Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the move, saying this will allow local manufacturers to grow and become competitive. The restrictions are set to remain in force for an indefinite period. Eliminating Pressure From […]

Hacker Returns Nearly All of $68,000,000 Worth of Crypto Stolen From Whale Wallet: On-Chain Data

Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record

Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New RecordThe Ethiopian birr currency’s parallel exchange rate against the U.S. dollar recently dropped to a low of 92 birrs per dollar, a report has said. The report added that following this latest plunge, the gap between the birr’s official and parallel market exchange rates has widened to a record high. Resumption of Fighting Between Ethiopian […]

Hacker Returns Nearly All of $68,000,000 Worth of Crypto Stolen From Whale Wallet: On-Chain Data

NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War

NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray WarA non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s […]

Hacker Returns Nearly All of $68,000,000 Worth of Crypto Stolen From Whale Wallet: On-Chain Data