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Why you must be cautious while investing in cryptocurrencies

The shocking rise of cryptocurrencies this past year triggered a wave of media attention on this new form of money as an alternative investment vehicle.

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The lure of the get-rich-quick scam in Kenya

The lure of the get-rich-quick scam in Kenya © Getty Images False promises about investing in cryptocurrencies like Bitcoin is one way people have been scammed In our series of letters from African journalists, Kenyan broadcaster Waihiga Mwaura writes about cryptocurrency scams, including one that traded on his name to fleece investors. © BBC I got a call from a doctor I did not know, asking whether I had interviewed a Kenyan billionaire about a new Bitcoin product on some nondescript website. I sighed with concern because I knew he had fallen victim to a two-year-old online scam which alleged that along with a local billionaire, I had endorsed a cryptocurrency trading platform.

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Letter from Africa: The lure of the get-rich-quick scam in Kenya

Economic desperation makes the promise of easy money hard to resist.

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Kenyans Should Sit for Exams to Determine If They Can Register as Voters, Abduba Dida

Kenyans Should Sit for Exams to Determine If They Can Register as Voters, Abduba Dida Tuko 5 hrs ago Jackson Otukho © Provided by Tuko Kenyans Should Sit for Exams to Determine If They Can Register as Voters, Abduba Dida - Dida termed the people who had invested money in Amazon Web Worker (AWW) as fools regretting that they are also allowed to vote in Kenya - The presidential aspirant suggested that Kenya should introduce a certain examination to sieve out such people from electing leaders - The AWW Africa was the talk of the town in which unemployed youth dished out referrals to the app in a bid to make a quick buck online

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