Friday, October 16

Business

Wells Fargo Boosts Strategy Stake in Q1 2026

Wells Fargo reported larger positions in Ether exchange-traded funds in the first quarter while reshuffling its Bitcoin ETF holdings across several products, according to its latest Securities and Exchange Commission filing.The bank said it raised its holdings in Ether (ETH)…

Bakkt’s Revenue Falls 77% in Q1 as Stablecoin Pivot Takes Shape

Bakkt swung to a first-quarter loss as crypto services revenue fell 77%, underscoring the digital asset platform’s push to reposition itself around stablecoin payments and AI-enabled financial infrastructure.On Monday, the company reported a net loss attributable to Bakkt of $11.7…

Max Air flight makes emergency return to Abuja after takeoff

Passengers aboard a Max Air flight from Abuja to Katsina on Monday recounted a frightening experience after the aircraft reportedly developed a technical fault shortly after takeoff, forcing the pilot to make an emergency return to Abuja. Several passengers who…

US Authorities Charge Trio Over .5M Crypto Wrench Attacks

US authorities have unsealed an indictment against three men accused of stealing at least $6.5 million in a “violent robbery spree targeting cryptocurrency owners.”The Justice Department said in a statement Monday that a federal grand jury indicted three men for…

Binance Says AI Security Stopped B in Fraud in 15 Months

Crypto exchange Binance says its artificial intelligence-based security tools have helped prevent the loss of more than $10 billion worth of user funds from scams and fraud between 2025 to March 2026.Binance said in a blog post on Monday that…

Ethereum Hits 200M Gas Target Ahead Of Glamsterdam Upgrade

The Ethereum Foundation has reached several progress milestones on the next Ethereum upgrade called “Glamsterdam” and has named three new leads for its Protocol team.The Ethereum Foundation said in a blog post on Monday that it had achieved a “credible…

Google Finds First AI-Developed Zero-Day Exploit

Google’s Threat Intelligence Group says it identified what it believes is the first-ever case of hackers using artificial intelligence to develop a zero-day exploit.The group said in a Tuesday blog post that it had “observed prominent cyber crime threat actors…

Bitmine Slows Ether Buy, Targets 5% ETH Supply by December

Ether treasury company Bitmine Immersion Technologies has slowed the pace of its Ether purchases after previously increasing its buying rate and acquiring more than 100,000 tokens over the last three weeks.Bitmine said on Monday that it purchased 26,659 ETH over…

MARA Shares Fall on .3B Q1 Loss, Revenue Miss

Shares in MARA Holdings fell after the bell on Monday as the Bitcoin miner’s first-quarter losses deepened from a year ago and its revenues missed analyst estimates.MARA’s earnings released on Monday reported its revenues for the quarter ending March 31…

FG integrates CNG training into NYSC scheme

The Federal Government has taken a step toward strengthening youth employment and advancing Nigeria’s clean energy transition with the signing of a Memorandum of Understanding to integrate Compressed Natural Gas retrofitting training into the National Youth Service Corps Skill Acquisition…

Bitcoin Funding Flips Positive, Is K Next?

Key takeaways:Bitcoin derivatives show limited conviction among pro traders, but ETF flows and Strategy could play a role in the next higher rally. Reduced odds of a peace plan between the US and Iran, and high oil prices, could impede Bitcoin’s…

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