Glanvill Enthoven Insurance and Reinsurance Brokers Limited has unveiled its new corporate headquarters, known as “Glanvills House,” as part of efforts to strengthen customer service delivery and expand its footprint in Nigeria’s financial services sector. Speaking during the unveiling ceremony…

Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control.Key points:Bitcoin drops under $70,000 to new two-month lows.Analysis sees 200-day trend lines coming back into play as bulls fail to rescue…

ISN Medical has stated that it is positioning itself for deeper expansion across Africa while exploring local manufacturing of medical products in Nigeria. Managing Director and Chief Executive Officer of ISN Medical, Felix Ofungwu, disclosed this during a hybrid media…

Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets.Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking…

Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country.Robinhood said on Monday that the acquisition…

The Central Bank of Nigeria (CBN) has announced a reshuffle of four deputy governors, with the changes taking effect from 1 June. CBN disclosed the redeployment through an update on its website, showing fresh responsibilities for the four deputy governors,…

Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg ETF analyst James Seyffart posted to…

The Central Bank of Nigeria has officially launched the Nigeria Payment System Vision (PSV) 2028, a strategy aimed at expanding financial inclusion to 95 per cent of the adult population in Nigeria’s digital payments system. The CBN Governor, Olayemi Cardoso,…

The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper.“Gram was the original name of TON’s currency in the first white paper,”…

Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths.“Over the past week, we acquired 26,497 ETH,” Lee said in a…

Binance has launched US equities trading for eligible users and plans to add tokenized stocks as part of a broader push to expand beyond crypto.Users will be able to trade more than 7,000 stocks and exchange-traded funds (ETFs) with zero…

Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024.Radiant’s decentralized autonomous organization said in a blog post on…

Gnosis is working to contain an exploit Monday affecting its Gnosis Pay product after co-founder Martin Köppelmann acknowledged an active hack involving the system’s delay module and said the project would cover user losses.Köppelmann initially urged users to withdraw funds,…

US Senate consideration of the Digital Asset Clarity (CLARITY) Act is likely to resume as members reconvene this week after an extended Memorial Day holiday.Many US lawmakers and crypto industry leaders are pushing for consideration of the CLARITY Act, a…

Key takeaways:Whale’s bullish positioning in the Bitcoin derivatives market is failing to counter the heavy spot selling pressure. The slight discount on USDT indicates capital is exiting to fiat, exposing the Bitcoin futures leverage risks.Bitcoin (BTC) dropped below $71,000 on Monday…