Thursday, October 15

Business

SWDC says operation license not for construction of new tracks

The South-West Development Commission (SWDC) has explained that the rail operating and track access license it attained covers operations on existing Nigerian tracks in the South West region, and not construction of new tracks in the region. SWDC clarified its…

Dangote refinery cuts aviation fuel price to N1,650

Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel, also known as Jet A1, to N1,650 per litre from N1,750 per litre in a move expected to ease pressure on domestic airlines struggling with rising operating costs.…

Bitget Wallet Expands Tokenized Equities Offering with xStocks

Bitget Wallet said it has integrated xStocks infrastructure, giving its 90 million users access to more than 130 tokenized stocks and ETFs through its self-custodial wallet platform.The integration expands Bitget Wallet’s tokenized real-world assets offering to more than 300 products, including equities, commodities,…

Swan Bitcoin Faces Nearly B Lawsuit Over Prime Trust Transfers

The post-bankruptcy trust for Prime Trust has filed suit against Swan Bitcoin, alleging the Bitcoin services company exploited insider knowledge to pull nearly $1 billion in assets from the custodian days before its collapse.The complaint, filed in Delaware bankruptcy court,…

Ethereum Foundation Sees 2 More High-Profile Departures

The Ethereum Foundation saw the resignations of two top researchers on Monday, bringing the total number of high-profile departures at the organization to at least eight in recent months.Julian Ma and Carl Beek, both researchers at the Ethereum Foundation, ended…

10% of Americans Used Crypto in 2025, Up From Last Year

About one-tenth of US adults said they used or invested in crypto in 2025, the highest level in three years, according to a Federal Reserve report on the economic well-being of households. Roughly 10% used crypto for any reason, up from…

Echo Protocol Hacked for .7M in Admin Key Exploit

Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain.Blockchain security firm PeckShield and analytics platform Lookonchain both reported the incident on Tuesday, noting that…

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