Political action committees (PACs) representing the interests of the crypto industry have already secured millions of dollars in funding as the US heads toward its midterm elections.Super PACs are the uber-rich, no-limits, non-disclosure counterparts to crypto PACs. Last year, the…

Key takeawaysPrivacy coins are just a step in a broader laundering pipeline after hacks. They serve as a temporary black box to disrupt traceability.Hackers typically move funds through consolidation, obfuscation and chain hopping and only then introduce privacy layers before…

The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sector’s rapid expansion in 2021. The retracement unfolded alongside a broader crypto market downturn over the past two weeks, CoinGecko…

ARK Invest, the asset manager led by prominent Bitcoin bull Cathie Wood, has shifted from buying to selling Coinbase stock, as the shares dipped 13% and hit multi-month lows.On Thursday, ARK offloaded 119,236 Coinbase (COIN) shares, valued at roughly $17.4…

Pump.fun has acquired crypto trading terminal Vyper, which will wind down its standalone product and migrate its infrastructure into the Solana memecoin launchpad’s ecosystem.On Friday, Vyper said core parts of its product will begin shutting down on Tuesday, while limited…

The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’, has confirmed the death of one of its officers, Assistant Superintendent of Customs Mustapha Akiyode, who was fatally shot by suspected smugglers during an ambush in Ogun State. Akiyode was killed…

Bitcoin exchange-traded funds (ETFs) continued to see outflows on Thursday, shedding almost $1 billion over the past two days as debate grows over their potential impact on the market.Data from SoSoValue shows that spot Bitcoin (BTC) ETFs recorded $434 million…

The Chartered Institute of Bankers of Nigeria has commended Abia State Governor, Alex Otti, for the notable economic progress recorded in the state under his leadership. The President and Chairman of the Council of the CIBN, Prof. Pius Olarenwaju, made…

Metaplanet’s CEO Simon Gerovich doubled down on the company’s Bitcoin-first strategy as the wider crypto market suffered one of its harshest drawdowns since 2022.“[T]here is no change to Metaplanet’s strategy. We will steadily continue to accumulate Bitcoin, expand revenue and…

US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill.US Treasury Secretary Scott Bessent has told Congress that traditional and crypto…

The Nigeria Customs Service, Port and Terminal Multiservices Limited Command, has said it generated N44.06 bn in January 2026, surpassing the N40.50 bn recorded in January 2025 by N3.56 bn, representing an 8.8 per cent increase. In a statement, the…

Large Bitcoin holders are now controlling the smallest share of the cryptocurrency’s supply since late May, when it first reclaimed $100,000 after more than three months, according to crypto sentiment platform Santiment.Santiment posted to X on Thursday that “whale and…

The Federal Government’s plan to stop bearing electricity subsidy costs alone and instead spread the burden across the federal, state, and local governments from 2026 has opened a fresh fault line in Nigeria’s power sector, with generation companies rejecting the…

The investment arm of stablecoin issuer Tether has acquired a $150 million stake in the precious metals platform Gold.com to expand access to tokenized gold.Tether said on Thursday that it acquired an approximately 12% stake in the company, which will…

TotalEnergies Marketing Nigeria Plc has warned that Nigeria’s deregulated downstream petroleum market will fail to deliver long-term value unless it is backed by firm regulatory discipline, consistent policies and strict safety enforcement. The oil major stated that the absence of…