Saturday, October 17

Business

South Korea’s FSS Details AI Upgrades for Crypto Abuse Detection

South Korea’s financial watchdog has expanded the use of artificial intelligence to monitor digital asset markets, signaling a shift toward automated, data-driven enforcement as trading activity grows more complex. On Monday, the country’s Financial Supervisory Service (FSS) said it has upgraded…

Binance Begins B SAFU BTC Conversion With First 0M Buy

Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC.Crypto exchange Binance has bought its first 1,315 Bitcoin as part of its conversion…

Crypto Funds Post Two-Week Outflows Amid Bitcoin Slide

Crypto investment products continued their sell-off last week as investor sentiment weakened, marking two consecutive weeks of outflows.Crypto exchange-traded products (ETPs) saw $1.7 billion in outflows during the week, the European crypto investment company CoinShares reported on Monday.The outflows were…

Wema, Mutual Benefits, Presco top stock pick this week

Nigerian stocks slightly depreciated by 0.1 per cent last week, driven by profit taking in bank stocks. That leaves the year-to-date yield of the main equity index at 6.3 per cent. Trade volume eased, compared to the previous week, by…

Bitcoin is Expected to Dive Below ,000 Before Bottoming

Bitcoin (BTC) started the first week of February near 16-month lows as traders see further downside next.BTC price weakness compounds after a grim weekend, with BTC/USD reaching levels not seen since November 2024.RSI values form the main basis for expecting…

Bitcoin Bets On Polymarket Signal Sharp 2026 Downside Risk

Prediction markets have turned more bearish on Bitcoin, after a weekend sell-off briefly pushed prices below $75,000 on Monday.On Polymarket, the odds of Bitcoin (BTC) falling below $65,000 in 2026 climbed to 72% on Monday, with almost $1 million in…

Bitcoin ETF Investors Underwater After .8B Outflow Wave

Bitcoin is trading below the average cost basis of US spot Bitcoin ETFs after they recorded their second and third-biggest outflow weeks last month, according to Galaxy’s head of research, Alex Thorn.The total assets under management for US Bitcoin ETF…

Nomura Q3 Profit Drop Prompts Crypto Exposure Reduction

Japanese banking giant Nomura will reportedly reduce its exposure to crypto, citing the current tough market climate and a dip in profits from overseas in the third quarter.Nomura chief financial officer Hiroyuki Moriuchi said that the firm would look to…

Channels TV chairman headlines Rotary leadership forum

Veteran broadcaster and Chairman/Chief Executive Officer of Channels Media Group, Dr John Momoh, has been named the lead speaker at the 2026 Rotary International District 9112 Team Learning Seminar, a high-level leadership forum scheduled for February 20–21, 2026, at the…

Crypto Thefts Rise Fourfold Over Year to 0M in January

The value of cryptocurrency stolen through exploits and scams reached $370.3 million last month, the highest monthly figure in 11 months and a nearly fourfold rise from January 2025. Crypto security company CertiK said on Saturday that of the 40 exploit…

Beer sales boost International Breweries’ revenue by 27%

International Breweries Plc recorded a rebound in its financial performance in the 2025 financial year, as revenue rose by 26.8 per cent to N620.1bn, from N489.0bn in the corresponding period of 2024, driven largely by improved beer sales volumes, better…

Vitalik Buterin Proposes Fix to Content Creator Coin Model

Ethereum co-founder Vitalik Buterin has proposed a new creator token model that combines decentralized autonomous organizations (DAOs) with prediction market mechanics to incentivize higher-quality content creation.Creator tokens, or content coins, are blockchain-based assets that can grant fans a slice of…

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