Tuesday, June 30

Business

Talos Extends Series B to 0M with Robinhood, Sony Backing

Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion.The extension included new strategic investors such as Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside…

FAAN cargo tariff hike sparks potential airport protests

Operations at airports controlled by the Federal Airport Authority of Nigeria across the country may be disrupted on Monday as cargo agents plan a protest against the authority’s planned implementation of a new cargo tariff regime. Findings by The PUNCH…

Copper Explores IPO as Crypto Custody Draws Wall Street Interest

Digital asset custodian Copper is reportedly weighing an initial public offering (IPO) shortly after rival BitGo debuted on the New York Stock Exchange, underscoring growing institutional appetite for cryptocurrency infrastructure companies. Citing sources close to the discussions, CoinDesk reported Thursday that…

DataPro warns firms of privacy lawsuit surge

Licensed Data Protection Compliance Organisation DataPro Limited has projected a surge in individual privacy claims and constitutional lawsuits in 2026, with organisations urged to remain “litigation ready” by preserving data processing records and strengthening internal controls. This was disclosed in…

Bitcoin Longs Reach 2-Year High At Bitfinex: Bullish Or Bearish?

Key takeaways:Bitfinex Bitcoin margin longs hit 2-year highs, but arbitrage suggests this isn’t a purely bullish price indicator.Bitcoin price drops as tech stock valuations and gold gains drive investors toward cautious, risk-averse behavior.Bitcoin (BTC) price plummeted to its lowest level…

Firm empowers small businesses

Bukka Hut has reiterated its commitment to supporting small business owners following its annual Bukka Hut Yard Sale 6.0, which was held in December 2025. In a statement, the brand noted that its 2025 edition, themed ‘One Home, Many Stories’,…

21Shares Lists JitoSOL-Backed Solana ETP in Europe

21Shares has launched a Jito-staked Solana exchange-traded product in Europe, offering listed exposure to the SOL token with staking embedded.The 21Shares Jito Staked SOL ETP will trade under the ticker JSOL in US dollars and euros and is listed on…

Manufacturers seek lasting fix as grid collapses recur

The Industrial Revolution Working Group is actively working on a lasting solution to Nigeria’s persistent energy instability, following three national grid collapses in less than 30 days, according to the Manufacturers Association of Nigeria. The President of the Manufacturers Association…

Escape Velocity Raises M DePIN Fund Even as Crypto VC Slows

Crypto-focused venture capital firm Escape Velocity has raised nearly $62 million to invest in decentralized physical infrastructure network (DePIN) projects, signaling continued venture interest in the sector despite a broader slowdown in crypto and technology funding.As first reported by Fortune…

FG allocates N7bn for Aso Villa’s solar power

The Federal Government has earmarked N7bn for the ongoing solarisation of the Presidential Villa, Abuja, in a bid to address Nigeria’s persistent power supply challenges, The PUNCH reports. The allocation is contained in the 2026 Appropriation Bill submitted to the…

BTC Slips to Yearly Low as Leverage Unwinds Below K

Bitcoin’s (BTC) strong start to the year has been fully erased, with its price slipping to a new yearly low below $84,000. Analysts viewed this move as part of a broader corrective phase rather than a structural market breakdown, driven…

CBN seeks long-term capital to drive reforms

The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has said Nigeria’s financial sector reforms depend largely on sustained access to long-term capital from development finance institutions. Cardoso stated this on Wednesday in Abuja while hosting a delegation…

Bitcoin Drops Under ,000 as Macro Assets Fall Worldwide

Bitcoin (BTC) fell to two-month lows Thursday as crypto joined stocks and precious metals in a snap sell-off.Key points:Bitcoin dives below $85,000 as macro assets suddenly tumble from record highs.Gold and silver shock market watchers as nerves over global financial…

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