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Nigeria's Economic and Financial Crimes Commission arrested 792 individuals, including 148 Chinese and 40 Filipinos, in a major crypto-romance scam raid in Lagos. The operation, based in a seven-story building, involved a sophisticated network where local recruits, trained to impersonate foreign women, lured victims into fraudulent investment schemes. Authorities discovered over 500 SIM cards and high-end computers, indicating a well-organized effort targeting individuals primarily in North America and Europe.
Zentry has partnered with Sky Mavis and Gravity to launch Ragnarok Landverse on the Ronin blockchain, marking a significant step in the evolution of Web3 gaming. This collaboration aims to blend classic MMORPG elements with blockchain technology, enhancing player ownership and financial opportunities. Additionally, Sky Mavis has introduced the PHPC token for efficient Philippine peso transactions, further expanding Ronin's ecosystem and its appeal to a global audience.
The Global Uveitis Treatment market is projected to grow from USD 725 million in 2024 to USD 1.28 billion by 2032, with a CAGR of 8.5%. The study covers various treatment types, including corticosteroids and biologic agents, and offers customization options for regional and application-specific analysis. Key players include Novartis, Pfizer, and AbbVie, with North America leading the market and Asia-Pacific identified as the fastest-growing region.
The Global Fermented Beverages market, valued at 860 billion USD in 2024, is projected to reach 1.3 trillion USD by 2032, growing at a CAGR of 6.4%. The market analysis covers major regions including North America, Europe, and Asia-Pacific, with customization options available for specific countries and applications. Key players include Apple, Microsoft, and Nestlé, with insights into market dynamics, competitive landscape, and growth drivers such as lifestyle changes and technological advancements in fermentation.
Emerging markets, particularly Nigeria, South Africa, and the Philippines, are leading global cryptocurrency adoption, with ownership rates at 73%, 68%, and 54%, respectively. The survey indicates that many view digital assets as solutions to local economic challenges, despite concerns about market volatility and scams. Additionally, blockchain is seen as a potential tool to enhance transparency and combat AI-driven misinformation.
UBS Philippines recently hosted the third installment of its "Women and Finance" dialogue series, titled “Women Mean Business,” focusing on empowering female entrepreneurs. Key speakers included Maria Grace Uy of Converge ICT Solutions and Ana Lorenzana de Ocampo of Wildflour Group, who shared insights on resilience, integrity, and passion as essential qualities for success. The initiative has engaged over 100 women leaders, fostering discussions on financial literacy and the challenges faced by women in business.
The Global Bromhexine Tablet market is projected to grow from USD 875.5 million in 2023 to USD 1,131.7 million by 2032, with a CAGR of 3.7% from 2024 to 2032. This growth is driven by the rising prevalence of respiratory disorders and increasing demand for expectorants. Key players include Sanofi, Teva, and Boehringer Ingelheim, with market segmentation covering applications, types, and distribution channels across various regions.
Stabull Finance has launched a decentralized platform on Ethereum and Polygon, offering an alternative to traditional FX and commodity swaps. After six months of beta testing, it now supports tokenized gold and eleven fiat-backed stablecoins, aiming to enhance on-chain trading efficiency and liquidity for non-USD currencies. The platform addresses challenges faced by existing automated market makers, promising improved capital efficiency and price discovery for liquidity providers and traders.
Cryptocurrency ownership is rising globally, with notable increases in Mexico (8%), the Philippines (7%), and South Africa (7%). Emerging markets lead the trend, particularly Nigeria at 84%, while less than one-third of respondents in several developed countries own digital assets. Despite the growth, negative perceptions persist, especially in Europe, where cryptocurrencies are often associated with speculation and scams.
Cryptocurrency ownership is surging globally, particularly in emerging markets, with notable increases in Mexico (8%), the Philippines (7%), and South Africa (7%). Over half of respondents in Nigeria, South Africa, Vietnam, the Philippines, and India own crypto wallets, while interest in investing remains high in Asia and Africa, contrasting with skepticism in Europe and North America. Demographic disparities exist, with younger men showing greater understanding of cryptocurrency compared to women and older individuals.
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