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Category: Business & Economy
Police Officer Shooting in Rutsiro Leaves Two Injured Before Officer Takes Own Life
A police officer shot and seriously injured two people before taking his own life in a midnight incident on Wednesday, December 10, in Boneza Sector, Rutsiro District. Superintendent of Police Sylvestre Twajamahoro, the Police Spokesperson for the Western Province, confirmed the incident. He said the victims include a civilian and a member of DASSO, the…
Rwanda DRC Ceasefire Violations: Kigali Accuses DRC and Burundi of Breaking Washington Accord
Rwanda says the DRC and Burundi have violated the Washington ceasefire accord through renewed attacks near its border. Kigali reports bombings, coordinated assaults and increased involvement of FARDC, FDNB, FDLR and Wazalendo groups. As a result, over 1,000 civilians fled into Rwanda. Kigali warns that these actions threaten peace efforts and regional stability. Rwanda Says…
OCC Clears Banks to Act as Crypto Intermediaries
Banks in the United States will now be allowed to act as intermediaries for crypto transactions, according to new guidance issued Tuesday by the Office of the Comptroller of the Currency (OCC). The move marks the latest step by the Trump administration to narrow the gap between traditional finance and the crypto sector. OCC Approves…
Pi Network: Strategic Growth Driving the Future of Digital Finance
Building a Global Web3 Movement Pi Network is shaping the future of digital finance through strategic growth, global adoption, and the expansion of real-world Web3 utilities. The network empowers Pioneers to explore economic opportunities while participating in a decentralized ecosystem. Accessibility as a Core Strategy Traditional crypto mining often requires expensive hardware and high electricity…
The Rise of Pi Network: Reshaping Digital Finance
Pi Network is accelerating the evolution of decentralized finance (DeFi) through global adoption, strong community engagement, and a rapidly expanding Web3 ecosystem. With over 65 million registered users, Pi Network is positioning itself as a practical, inclusive, and secure digital economy. Accessibility and Inclusion Traditional cryptocurrency mining often requires expensive hardware and high electricity costs,…
Pi Network Partners with CiDi Games to Expand Web3 Gaming
Pi Network has announced a strategic partnership with CiDi Games, aiming to accelerate Web3 gaming innovations and expand the real-world use of Pi. The collaboration allows millions of Pioneers to engage with Pi-integrated games and enables developers to build on the Pi platform. Expanding Pi’s Real-World Utility The partnership focuses on: Pi’s existing development in…
Bitcoin Mining Costs Hit Record Levels Amid Hashrate Surge
The cost of mining Bitcoin has reached all-time highs, creating pressure for miners and affecting the broader crypto ecosystem. Industry data monitored by HokaNews shows that the average operational cost to mine one Bitcoin is now around $74,600, while full all-in costs, including electricity, hardware, and infrastructure, reach $137,800 per BTC. Rising Costs Driven by…
Supermoon Visible in Rwanda on December 4
Residents of Rwanda will witness a Supermoon on Thursday, December 4, 2025. The moon will appear larger and brighter than usual. What a Supermoon Is A Supermoon occurs when the full moon is closest to Earth in its orbit. This makes it appear bigger and more luminous in the night sky. When to See the…
Pi KYC AI Upgrades Accelerate Mainnet Migration
Pi KYC AI upgrades are speeding up identity verification and reducing delays in Mainnet migration, according to the Pi Core Team. The new system uses advanced AI tools to support both Standard KYC and Fast Track KYC processes. AI Enhances Standard KYC The Pi network has integrated new AI technology into its Standard KYC process….
Kayonza authorities sack mayor and two officials
Kayonza leadership changes have drawn public attention after three senior officials were dismissed. The District Council said the move aims to strengthen accountability and improve service delivery for residents. Dismissal of Three Officials Kayonza District Council has dismissed Mayor John Bosco Nyemazi over poor service delivery. The Council also removed Hope Munganyinka, the Vice Mayor…