Saturday, October 17

Business

Ethereum Dust Attacks Have Increased Post-Fusaka

Stablecoin-fueled dusting attacks are now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics. Ethereum is now seeing more than 2…

Payward Revenues Jump 33% as Traders Flock to Kraken

Crypto exchange Kraken’s parent company, Payward, reported 33% revenue growth in 2025 as transaction volumes rose and the business capitalized on its acquisitions. The company’s revenues rose to $2.2 billion last year, up from $1.6 billion in 2024 due to…

Cornerstone Insurance assures annuitants of stability

Cornerstone Insurance Plc has assured annuitants of its financial stability and long-term capacity to meet pension obligations, reaffirming its commitment to trust, accountability and consistent service delivery to retirees across the country. This reassurance was delivered during the recently held…

Vitalik Buterin Says Ethereum Scaling Should Move From L2s

Ethereum co-founder Vitalik Buterin has reversed his long-held view that layer-2s should be the primary way to scale Ethereum, saying the approach “no longer makes sense.”“We need a new path,” Buterin said in a post to X on Tuesday, arguing…

Nigeria PMI slips below 50 as orders stall

Nigerian companies recorded a muted start to 2026, with business conditions broadly stable but momentum easing, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ Index published on Monday. According to the Stanbic IBTC Bank Nigeria PMI compiled by…

Bitcoin Lacks Strength for K Retest as Gold, Silver Edge Higher

Bitcoin (BTC) returned to range-bound moves on Tuesday as gold returned near the key $5,000 mark.Key points:Bitcoin trades sideways as gold and silver attempt to reclaim prior losses.Analysis remains split over how the Bitcoin versus gold relationship will play out…

Eko Atlantic becomes hub for Airtel’s data ambitions

Eko Atlantic is set to become a major hub for Nigeria’s digital transformation as Airtel Nigeria reaffirms its commitment to strengthening the country’s digital infrastructure through the development of its Nxtra Data Centre. The initiative aims to bridge connectivity gaps,…

Nigeria to partner global allies on clean energy – Tinubu

President Bola Tinubu on Tuesday said Nigeria is ready to collaborate with African nations, global partners, and the private sector to deliver cleaner, affordable, inclusive, and more secure energy. He said energy plays a critical role as the invisible force…

ETH’s Negative Funding Rates May Not Be A Buy Signal This Time

Key takeaways:Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders.Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%.Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility…

Bitcoin’s Next Step May Depend On US Credit And Debt Conditions

Bitcoin (BTC) scratched new lows below $73,000 on Tuesday as data shows troubling macroeconomic challenges bubbling below increasingly volatile markets. New data highlights tightening credit conditions, even as the US debt and borrowing costs stay elevated, and one analyst says…

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