Business
SoFi Technologies reported record fourth-quarter revenue of $1 billion as the US fintech bank reintroduced consumer crypto-based products.According to its earnings report released Friday, adjusted net revenue rose 37% year-on- year to $1 billion, while…
Founder of Rifugio Communications Limited, Dr Kayode Thomas, discusses Nigeria’s mobile phone market with DARE OLAWIN, reflecting on the company’s growth journey, operational challenges, and expansion plans. He also shares what continues to motivate his investments in Nigeria despite prevailing…
The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces settlement times and transaction costs, according to Pierre Rochard, a board member for Bitcoin treasury company Strive. “Here’s a metaphor: the…
The Nietzschean Penguin (PENGUIN) token, a memecoin launched on the Solana layer-1 blockchain network, surged by about 564% following a social media post from the United States White House.On Friday, the White House published a social media post on X…
The number of Bitcoin (BTC) nodes signaling support for Bitcoin Improvement Proposal 110 (BIP-110), a temporary soft fork limiting the amount of data included in each transaction at the consensus level, rose to 2.38%. 583 out of 24,481 nodes are running…
More than one in four developing economies still have lower per capita income than before the COVID-19 pandemic, exposing a deep and persistent divide in the global recovery, the World Bank has said. “More than one-quarter of emerging market and…
The proposed restrictions on stablecoin yields under the US CLARITY Act risk driving capital out of regulated markets and into offshore, opaque financial structures.Colin Butler, head of markets at Mega Matrix, said banning compliant stablecoins from offering yield would not…
The United States’ geopolitical brinkmanship over Greenland has thrown its economic ties to the EU into sharp relief. European powers are considering what instruments it has to combat US belligerence, including the “nuclear option” of offloading US debt.The tone has…
Ethereum cofounder Vitalik Buterin declared 2026 to be the “year we take back lost ground in computing self-sovereignty,” starting with his own devices. In a Friday post on X, he laid out the software changes he has made to reduce reliance…
The Netherlands plans to tax unrealized capital gains on a range of investments, including stocks, bonds and cryptocurrencies, sparking warnings of capital flight.A majority of lawmakers in the Dutch parliament appear ready to back changes to the country’s Box 3…
Crypto-friendly fintech unicorn Revolut plans to apply for a banking license in the United States, abandoning earlier plans to acquire a local lender as it seeks to expand its global presence, the Financial Times reported Friday.The United Kingdom-based fintech has…
The Ethereum Foundation has made post-quantum security a central focus of the network’s long-term roadmap, announcing the formation of a dedicated Post Quantum (PQ) team.The new team will be led by Thomas Coratger, a cryptographic engineer at the Ethereum Foundation,…
Dangote Petroleum Refinery’s operational outlook for the first half of 2026 remains uncertain, as persistent challenges with its Residual Fluid Catalytic Cracking (RFCC) unit continue to cap crude processing rates and constrain gasoline output, a new report has said. The…
BTC price faces pressure as markets brace for a sustained rise in long-term yields driven by economic deficits, particularly in Japan.The gap between the United States’ longer-dated and shorter-dated bonds has widened to its highest level since 2021, signaling potential…
The product, if approved, would give US investors access to regulated BNB exposure without needing to hold the token themselves.Grayscale has filed with the US Securities and Exchange Commission to launch a spot exchange-traded fund tracking BNB, marking one of…
Shares of digital asset custodian BitGo Holdings (BTG) have swung sharply since the company’s public debut on the New York Stock Exchange on Thursday, with early gains quickly reversing as initial IPO enthusiasm cooled and investors moved to lock in…
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