Business
Tether, the issuer of USDt, the world’s largest stablecoin, reported around $3 billion less in net profits in 2025, while its US Treasury holdings reached new all-time highs.In a report published on Friday and prepared…
US Democratic Senators working on crypto market structure legislation filed several amendments on Friday, including measures to address conflicts of interest with US officials profiting from the crypto industry.The ethics-focused amendments were filed ahead of the Senate Agriculture Committee’s markup for…
The National Shippers Association of Nigeria has rejected the recent increase in port service charges approved by the Nigerian Shippers’ Council, warning that the move could raise trade costs and undermine the Federal Government’s Ease-of-Doing-Business agenda. In a position paper…
Stablecoins are increasingly being used across Africa as a cheaper and faster remittance option, with remittances becoming “more important than aid” on the continent, according to Vera Songwe, a former UN under-secretary-general.Speaking at a World Economic Forum panel in Davos,…
Remita, one of Nigeria’s leading fintech companies, said it is easing the process for students seeking admission into tertiary institutions as registration opens for the 2026 Unified Tertiary Matriculation Examination and Direct Entry programmes. The platform allows candidates and their…
The Office of the Comptroller of the Currency said no political or personal financial ties will impact the procedural review of World Liberty Financial’s bank charter application.The Office of the Comptroller of the Currency has knocked back US Senator Elizabeth…
The SEC was satisfied with Gemini’s agreement to contribute $40 million toward the full recovery of Gemini Earn investors’ assets lost as a result of the Genesis bankruptcy.The US Securities and Exchange Commission’s civil lawsuit against Gemini Trust Company and…
Speaking from Davos on Thursday, co-founder and CEO Ronghui Gu said a CertiK public listing would represent a significant advancement for companies involved in Web3.Blockchain security company CertiK is keeping the door open to a future initial public offering, according…
Cryptocurrency exchange Binance has confirmed plans to bring tokenized equities back to its platform, returning to stock-linked digital assets for the first time since 2021.In a statement to Cointelegraph on Friday, a spokesperson for Binance said “exploring the potential to…
Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026.Bloomberg Intelligence strategist Mike McGlone said he has reversed his long-term outlook on Bitcoin and the broader crypto market, arguing that investors should…
Edo State is taking steps to establish its own airline, with plans to operate from Benin Airport, as part of efforts to improve regional connectivity, attract investment, and create jobs, an official has said. The plan was made public on…
Onchain derivatives platform Paradex refunded $650,000 to about 200 users after a maintenance-related software error triggered unintended liquidations across multiple markets.According to a Friday post-mortem shared on X by Paradex, the incident occurred during a planned 30-minute database upgrade on…
A local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about 50,000 users.Authorities in France have started a preliminary investigation into a breach of cryptocurrency tax platform…
Bitcoin (BTC) may remain pinned below $100,000 for the first half of 2026 as the market lacks bullish catalysts amid macroeconomic uncertainties. Key takeaways:BTC price has a less than 10% chance of retaking $100,000 before Feb. 1, according to prediction markets.Traders…
Consumer goods manufacturer Unilever Nigeria Plc more than doubled its net profit for 2025 to N30.7 billion, its peak level ever, aided by a reasonable leap in revenue, according to its unaudited financial report released on Friday. The producer of…
The world’s biggest global wealth manager, UBS, is reportedly exploring a move to open crypto trading to its wealthiest clients. Bloomberg reported Friday, citing a person familiar with the matter, that the Swiss banking giant aims to let select private banking…
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