Business
The European Parliament’s economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The recommendations were part of a report…
Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of 2 cents.Users further reported on…
The Nigerian Civil Aviation Authority (NCAA) has said it will officially launch a digital drone regulation portal during the 6th Africa International Drone Technology Conference and Exhibition (DroneTecX 2026) scheduled to hold in Lagos next week. In a statement issued…
Coinbase became the latest crypto company to cut its workforce on Tuesday, as a wave of layoffs sweeps through an industry navigating a down market and the pressure to embrace AI.CEO Brian Armstrong said the company is using AI to…
Air Peace has announced a temporary disruption to its scheduled Lagos–London Gatwick service after a routine technical check detected what the airline described as a minor aircraft fault. In a statement issued on Saturday, the airline said the issue was…
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit.Judge Margaret Garnett of the Southern District of New York…
Cybercrime detectives in Australia seized 52 Bitcoin valued at 5.7 million Australian dollars ($4.1 million) in what they said is one of Australia’s largest crackdowns on an illegal darknet marketplace using cryptocurrency. Strike Force Andalusia, a division of the State Crime…
US spot Bitcoin exchange-traded funds (ETFs) have recorded a sixth consecutive week of net inflows, marking the longest such streak since August 2025.The current six-week run stretches from the week of April 2 through Friday, pulling in a combined $3.4…
Bitcoin payments application Strike CEO Jack Mallers said that Wall Street’s growing involvement in Bitcoin poses no threat or conflict to the asset itself.“My one-word answer to that is no,” Mallers told Danny Knowles on the What Bitcoin Did podcast…
Alex Mashinsky will be representing himself as Celsius executive prepares for sentencingOn Wednesday, lawyers representing Alex Mashinsky moved to withdraw as attorneys in the case, saying that the former Celsius CEO would be “proceeding pro se” — representing himself in…
Bitcoin (BTC) struggled with an $80,000 reclaim at Friday’s Wall Street open as strong US jobs data added to headwinds.Key points:Bitcoin crisscrosses $80,000 as US jobs data notionally reduces the odds of US interest-rate cuts.US jobs vastly outpace expectations, adding…
Business leaders and strategists have raised the alarm over the fragile foundations of many African enterprises, warning that the continent’s growing wave of business innovation could collapse without deliberate succession planning, governance structures and cross-industry collaboration. The warning came at…
Institutional capital is flowing back into digital assets, but this cycle looks very different from the last one.Prediction markets are beginning to attract serious attention from Wall Street, Bitcoin exchange-traded funds (ETFs) are once again seeing large inflows and venture…
The President/Group Chief Executive Officer of Transnational Corporation Plc, Owen Omogiafo, has said the Federal Government has commenced repayment of longstanding debts owed to power generation companies, describing the move as the most significant progress yet in resolving liquidity challenges…
Massachusetts Senator Elizabeth Warren called on Meta CEO Mark Zuckerberg to answer questions about the company’s stablecoin integration in 2026, signaling concerns about guardrails.In a Wednesday letter to Zuckerberg, Warren said Meta’s lack of transparency regarding its stablecoin was “deeply…
The Nigeria Employers’ Consultative Association has urged businesses, particularly Micro, Small and Medium Enterprises, to embrace Environmental, Social and Governance principles to improve competitiveness, attract investment, and achieve long-term growth amid rising global and domestic economic pressures. The Director-General of…
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