Nigeria’s electricity distribution companies recorded a paradoxical performance in February 2026, as improved efficiency metrics failed to translate into stronger revenues, exposing lingering weaknesses in the power sector’s commercial framework. A new commercial performance factsheet released by the Nigerian Electricity…

Open interest in perpetual futures markets and onchain trading patterns suggest some traders may have positioned ahead of Robinhood crypto listing announcements, according to a Monday report from analytics provider Kaiko.One of the clearest examples was wallet address ‘0xa1E,’ which…

The Aviation Ground Handlers Association of Nigeria (AGHAN) has issued a three-day ultimatum to airline operators over outstanding debts, warning that it will withdraw services from 6 May if payments are not made. The association disclosed the development in a…

Space and Time (SXT), a level-1 data blockchain that secures onchain finance projects, has launched a virtual vault platform that it says is purpose-built for institutional lending.The Microsoft-backed blockchain said on Tuesday that its new virtual vaults can be configured…

European financial institutions should assess whether the Single Euro Payments Area (SEPA) can be extended into tokenized payments, Bank of Italy Deputy Governor Chiara Scotti said, as policymakers look for ways to keep euro-denominated settlement central to digital finance.Scotti called…

Bitcoin (BTC) rose as much as 2% over the past 24 hours to an intraday high of $81,300 on Tuesday. This brings the weekly and 30-day gains to 5% and 21%, respectively.This rally was accompanied by buying from long-term holders,…

Innovation City, a Ras Al Khaimah-based free zone focused on artificial intelligence and Web3, has launched what it claims is the first blockchain-based digital business identity system.According to a Monday release shared with Cointelegraph, every company registered in Innovation City…

Zenith Bank Plc has appointed Mustafa Bello as its new Group Chairman as the bank’s founder and former Group Chairman, Jim Ovia, retires. The bank disclosed the leadership transition in a statement signed by its secretary, Michael Otu, on Tuesday,…

US spot Bitcoin ETFs recorded $532.21 million in net inflows on Monday as Bitcoin pushed back above the $80,000 mark amid improving risk sentiment following the ceasefire agreement between the US and Iran.BlackRock’s iShares Bitcoin Trust (IBIT) led the pack…

Bitcoin (BTC) may rally toward $96,000 by June as institutions absorb more than five times the daily mined BTC supply, according to Capriole Investments founder Charles Edwards.BTC price averages 24% gains after institutional supply squeezeIn a Monday post, Edwards said…

Ethereum scaling solution Polygon has launched private stablecoin payments in an effort to attract more businesses and institutions to the chain. In a statement on Sunday, Polygon introduced its new wallet feature that enables users to privately route transactions through a…

America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits.In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks…

Haun Ventures has raised $1 billion to back early- and late-stage crypto startups, while expanding into artificial intelligence for the first time.The funds will focus on three areas: crypto financial infrastructure, tokenization and AI agents. The firm’s founder, Katie Haun,…

Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit. The new facility reducwd the company’s fixed interest rate to 7%…

Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed at blocking Arbitrum DAO from transferring 30,766 Ether to the victims of the Kelp exploit. Gerstein Harrow…