Business
A slew of last-minute licenses were issued to cryptocurrency companies in Europe as Wednesday marked the end of the transitional period under the Markets in Crypto-Assets Regulation (MiCA).Four companies were authorized in Italy this week,…
Solana Labs CEO Anatoly Yakovenko said he wants Solana to be a constantly evolving network, continuously updating to meet the changing needs of users, contrasting with Vitalik Buterin’s vision of Ethereum as a self-sustaining blockchain.“Solana needs to never stop iterating.…
Brian Armstrong, the CEO of crypto exchange Coinbase, denied reports that the White House is considering pulling support for the CLARITY Act, a crypto market structure bill, and also denied rumors that the administration is “furious” with Coinbase.“The White House…
Steak ‘n Shake, a fast-food restaurant chain that accepts Bitcoin (BTC) payments at its stores, announced on Friday that its BTC corporate treasury grew by $10 million in notional value.“All Bitcoin sales go into our strategic Bitcoin reserve,” the company…
Progress is being made toward establishing a Bitcoin (BTC) strategic reserve in the United States, but “obscure” legal provisions are holding up the process, according to Patrick Witt, the director of the White House Crypto Council. Several government agencies are discussing…
Investment bank Jefferies’ longtime “Greed & Fear” strategist Christopher Wood has reportedly eliminated Bitcoin from his flagship model portfolio, citing mounting concerns that advances in quantum computing may undermine the cryptocurrency’s long-term security.According to a report by Bloomberg, Wood said…
Galaxy Backbone has said it is placing renewed emphasis on digital infrastructure and cybersecurity as it marks two decades of supporting Nigeria’s public-sector digital systems, signalling that future investments will focus on strengthening the backbone of government technology rather than…
US President Donald Trump said the “leaker on Venezuela” has been jailed, a remark that has renewed scrutiny of prediction markets following a series of well-timed bets earlier this month.“The leaker on Venezuela has been found and is in jail…
The Nigerian Employers’ Consultative Association and the Nigeria Social Insurance Trust Fund have intensified efforts to improve workplace safety standards across the country, warning that negligence, poor awareness, and weak safety culture continue to expose Nigerian workers to preventable injuries…
A Telegram-based escrow service linked to an illicit online marketplace appears to be winding down operations after refunding more than $130 million in stablecoins, a move that analysts say may disrupt a major hub for crypto-related scams.Tudou Guarantee, a service…
The Niger Delta Power Holding Company has urged Nigerians to remain hopeful, assuring that ongoing reforms in the power sector will translate into a more reliable and sustainable electricity supply across the country. The Managing Director and Chief Executive Officer…
Revenue in the crypto industry is increasingly flowing to user-facing applications rather than the underlying blockchain networks, according to recent data, signaling a potential shift in where investors and developers focus their attention.Decentralized finance (DeFi) applications now capture five times…
The Manufacturers Association of Nigeria and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, have noted that the newly enacted tax laws were designed to help Nigerian businesses recover, regain competitiveness, and expand from…
Ether (ETH) traded at $3,310, up 11% year-to-date, as renewed ETF buying and record onchain activity placed it on a path toward $4,500 over the next few weeks.Key takeaways:Spot Ethereum ETFs recorded $474.6 million in inflows over four days, outpacing…
A transport company, Okeyson Transports, has reiterated its commitment to passengers’ safety, saying it will continue to operate within the ambit of standard operating procedures that meet the Federal Road Safety Commission’s dictates. This was made known through a statement…
Bitcoin (BTC) could reclaim $100,000 as support and rally toward $107,000 in the coming days, driven by a combination of supportive technical and fundamental metrics.Key takeaways:Bitcoin’s breakout is gaining traction, backed by bullish technicals and fading selling pressure.Macro signals lean…
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