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Bitcoin (BTC) has fallen roughly 50% since Michael Saylor’s Strategy launched Stretch (STRC), its flagship Bitcoin-funding vehicle, in late July 2025.BTC/USD monthly chart. Source: TradingViewKey takeaways:STRC is acting like a classic Ponzi scheme, argue Peter…
Bitcoin (BTC) circled $64,000 into Sunday’s weekly close as a US-Iran peace deal appeared imminent.Key points:Bitcoin stays higher as US president Donald Trump pledges an Iran peace deal on Sunday.The Strait of Hormuz, a key global oil route, will be…
US President Donald Trump said a deal to end the fighting between the US and Iran is scheduled to be signed on Sunday, despite officials in Tehran previously casting doubt on the timeline. “The Deal is scheduled to get signed tomorrow,…
Infrastructure companies supporting Nigeria’s telecommunications sector have upgraded equipment across more than 2,000 base stations as part of ongoing efforts to strengthen network capacity and improve service quality, the country’s telecom regulator said. The development comes as the sector plans…
Nigeria’s importation of used vehicles rose by 91.92 per cent to N249.84bn in the first quarter of 2026, amid the Federal Government’s intensified efforts to tighten controls on vehicle imports through a new mandatory certification regime. Data from the National…
The Trump administration’s decision to cut foreign access to Anthropic’s most powerful AI models was reportedly triggered by calls from Amazon CEO Andy Jassy.According to a report from The Wall Street Journal, Jassy contacted senior government officials on Thursday after…
A Special Adviser to the Abia State Governor on Investment Promotion and Public-Private Partnerships, Jerome Green-Amakwe, has said the state’s recent governance and development initiatives are strengthening public confidence and attracting wider attention as Nigeria marked its Democracy Day. In…
Chairman of Exclusive Estates, Peter Adobamen, discusses the challenges facing Nigeria’s real estate sector and possible solutions in this interview with ANOZIE EGOLE What are the major challenges preventing the private sector from addressing Nigeria’s housing deficit, which is estimated…
Zcash founder Zooko Wilcox said a security audit by Anthropic’s Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency’s protocol.Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash, the AI security audit did…
Michael Saylor, executive chairman of Strategy, defended the company’s recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing “digital credit.”Strategy disclosed its first reported Bitcoin sale since 2022 in a June 1 filing with…
Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs’ latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam MacPherson.Morpho announced Tuesday that it raised $175 million…
VMO Aero, an aircraft acquisition and management company, has provided its first detailed account of the aircraft incident that led to a recent grounding of one of its jets by the Nigeria Civil Aviation Authority (NCAA). It made the clarification…
Elon Musk, the world’s richest person, has attained trillionaire status after SpaceX, the rocket, AI and satellite communications company established by him, turned a soaraway success on its first trading day, surging 20 per cent to $2.1 trillion in valuation. SpaceX’s…
Crypto trading platforms Bybit, Binance, Bitget Wallet and MEXC canceled their tokenized SpaceX IPO campaigns as SpaceX went public on the Nasdaq on Friday. SpaceX’s IPO, which was reportedly more than four times oversubscribed, raised $75 billion as it became a…
Key takeaways:While bearish ETH futures trends and spot ETF outflows signal weak institutional appetite, staking demand prevents further decline.Falling exchange deposits and accumulation by BitMine indicate holder confidence in ETH’s long-term value.Ether (ETH) price failed to reclaim the $1,700 level…
The World Bank said it could mobilise as much as $100bn in financial support over the next 15 months to help developing economies cushion the impact of escalating tensions in the Middle East. The potential increase in funding comes as…
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