Wednesday, July 1

Business

NYSE Develops Tokenized Stocks Platform With 24-Hour Trading

The New York Stock Exchange is developing a new platform to trade tokenized stocks and exchange-traded funds (ETFs), part of a broader effort to modernize market infrastructure using blockchain-based settlement.On Monday, the NYSE and its parent company, the Intercontinental Exchange…

India’s RBI Proposes BRICS CBDC Link for Cross-Border Payments

India’s central bank, the Reserve Bank of India (RBI), has reportedly proposed an initiative linking BRICS central bank digital currencies (CBDCs) to facilitate cross-border trade and tourism payments. A Reuters report citing two anonymous sources claimed that the recommendation would place…

Bridges Are Crypto’s Next FTX Waiting To Happen

Opinion by: Kadan Stadelmann, chief technology officer of Komodo PlatformCrypto didn’t get wrecked by regulators or some shadowy conspiracy. The industry did this to itself. It handed control of cross-chain liquidity to a handful of intermediaries, who it called “bridges,”…

Ethereum Price Remains Bullish Above ,000: Here’s Why

Ether’s (ETH) price had dropped 7% since being rejected from the $3,400 mark last week, falling to key support levels. Data suggested that increased staking demand, coupled with renewed ETF inflows and strong technical support, could lead to a sustained…

Moniepoint seeks top Nigerian graduates for tech bootcamp

Moniepoint Inc., one of Africa’s leading digital financial services providers, has opened applications for the second cohort of its flagship DreamDevs initiative, a programme designed to bridge the continent’s tech talent gap by equipping recent graduates with industry-ready skills and…

CertiK Traces M in Tornado Cash Funds to 2M Crypto Hack

Roughly $63 million in Tornado Cash deposits has been linked to the $282 million cryptocurrency wallet compromise of Jan. 10.Blockchain security firm CertiK said in a Monday X post that its monitoring systems identified Tornado Cash interactions tied to the…

Agbeyewa acquires ex-CBN governor’s firm

Agbeyewa Industries Limited, a subsidiary of Cavista Holdings, has acquired Matna Foods Company Limited, founded in 1998 by former Central Bank of Nigeria Governor, Dr Joseph Sanusi, further strengthening its position in the Nigerian agribusiness sector. According to the firm…

Senate Judiciary Wants Dev Protections Out of Crypto Bill

US Senate Judiciary Committee leaders are seeking to remove crypto developer protections from the Senate’s crypto market structure bill, arguing the provisions would weaken unlicensed money transmitting laws.Senate Judiciary chair Charles Grassley and the committee’s top Democrat, Richard Durbin, told…

Mandilas, Yabatech partner to boost graduate employability

Mandilas Group has signed a Memorandum of Understanding with the Yaba College of Technology to equip Nigerian students with practical, industry-relevant skills and improve graduate employability. The partnership, implemented through the John Basil Mandilas Foundation, the corporate social responsibility arm…

Ethereum’s “Walkaway Test”: Why Quantum Readiness Matters

What is the “walkaway test?” Vitalik Buterin’s “walkaway test” is a way to assess Ethereum’s long-term credibility. The network is intended to remain secure and functional even if its core developers were to stop actively upgrading it.In a recent analogy,…

UBA Foundation supports 100,000 across Nigeria, Africa

UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa Plc, has distributed essential materials worth several millions of naira and dollars to school students, orphanages, internally displaced persons camps, and vulnerable communities across Nigeria and 19 other…

Why Wrench Attacks Are Becoming Crypto’s Most Violent Crime

In January 2025, French authorities freed Ledger co-founder David Balland after kidnappers demanded a large ransom in cryptocurrency. The case illustrated what crypto crime can look like when it leaves the screen and becomes a physical hostage situation.In fact, crypto-related…

Experts urge broader insurance upgrades beyond recapitalisation

Industry experts have said that Nigeria’s ongoing insurance recapitalisation must be matched with deliberate investments in skills, technology and market expansion to deliver real value to the economy and the public. Speaking on the state of the industry, former President…

Binance Australia Restores Direct Bank and PayID Transfers for User

Crypto exchange Binance has reintroduced direct bank transfers in Australia two years after the exchange was abruptly “cut off” from the Australian banking system. As of last Friday, Binance Australia has relaunched direct fiat bank and PayID deposits and withdrawals to…

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