Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
Bitcoin (BTC) hit $65,000 after Tuesday’s Wall Street open as US stocks rebounded in spite of geopolitical pressure.Key points:Bitcoin reaches $65,000 for the first time since Aug. 10 as risk assets navigate fresh US-Iran signals.Analysis warns of surging US 30-year…
May & Baker Nigeria Plc has dissociated itself from the ‘M&B Equity Stake’ investment scheme, noting that the purported investment opportunity is fraudulent and unauthorised by the company. The company disclosed this in a regulatory filing signed by Adetoun Abiru,…
MoonPay has integrated Cash App Pay as a payment option for cryptocurrency purchases, allowing eligible US customers to fund transactions using their Cash App balances.The crypto payments company said in an announcement shared with Cointelegraph Tuesday that Cash App Pay…
The federal government has unveiled the National Digital Cloud Policy, a framework designed to strengthen Nigeria’s digital infrastructure and drive the next phase of economic growth. The policy implementation has an investment target of $750 million over the next 24…
The Abia State Government has said its current tax reforms are designed to improve transparency, accountability and efficiency in revenue collection, rather than increase the tax burden on residents. The Commissioner for Information, Okey Kanu, said this, while briefing reporters…
Kraken has launched trading in more than 7,000 US-listed stocks for customers in the European Economic Area (EEA), expanding its traditional finance offering alongside cryptocurrencies and tokenized equities.The crypto exchange said Tuesday that eligible EEA customers can trade US stocks…
Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals.Key points:Bitcoin passed $64,000 thanks to a short squeeze on derivatives markets, CryptoQuant says.An ongoing downward funding-rate reset from 0.006% to…
Hardware wallet maker BitBox has released a firmware update that fixes two vulnerabilities it described as “severe” that could have enabled the installation of malicious firmware or put user funds at risk. In a security disclosure on Monday, BitBox said one…
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate fell to 15.43 per cent in July, extending the recent moderation in overall price pressures, even as food inflation accelerated during the month. The headline rate, measured on a…
BitMart account demands founder explain funds status, Xia calls claims ‘fabricated’BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan.It said some users were unable to withdraw…
Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave conditional approval for World Liberty Financial’s application for a national trust bank.In a Friday notice, the OCC said…
Femi Otedola, the chairman of First HoldCo Plc, acquired 147.7 million new shares in the banking group on Monday, taking his stake in the company to 27.49 per cent. In a transaction announced in a regulatory filing signed by the…
Bitcoin (BTC) returned to $64,000 after Monday’s Wall Street open as US stocks gave way to gold.Key points:Bitcoin continues a rebound from Sunday’s weekly close, gaining 2% on Monday.Oil stays steady after US president Donald Trump threatens to bomb Oman…
The US Department of the Treasury issued a notice of proposed rulemaking related to the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a bill to establish a framework for payment stablecoins signed into law…
Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of owning 5% of the second-biggest cryptocurrency’s supply despite challenging market conditions.The company disclosed Monday that it…
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