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Yield-bearing stablecoin supply fell by more than $3.5 billion in the second quarter of 2026, reversing nearly three years of quarterly growth as crypto-native products contracted and Treasury-backed tokens expanded. Crypto exchange CEX.IO reported Thursday that…
The Hut 8 Bitcoin (BTC) mining company expanded its credit facility with crypto exchange company Coinbase to $200 million, building on momentum from 2025 and strong stock performance, setting it apart among players in the struggling mining industry.Hut 8 will…
As someone who has spent over three decades investing, building businesses, and navigating Nigeria’s economic cycles, I rarely comment publicly on policy. But there are moments when leadership must be acknowledged. President Bola Ahmed Tinubu has shown remarkable courage and…
Private petroleum depots across Lagos and other key fuel trading hubs have raised the ex-depot price of Premium Motor Spirit (petrol) to as high as N800 per litre, Sunday PUNCH has observed. Data obtained from petroleumprice.ng on Friday showed that…
The United States National Debt surged past $38.5 trillion on Saturday, as Bitcoiners celebrated “Genesis Day,” the day the first block was mined on the Bitcoin network by pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.US government debt at the time of…
Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has called on the Central Bank of Nigeria (CBN) to further strengthen the banking system by raising the minimum capital requirement for international banks to at least ₦1 trillion. Mr…
Average hotel room rates in Lagos have climbed to a record N205,534, a sign of how quickly business and corporate travel is returning to Nigeria’s commercial capital, even as new hotel supply lags. Data from Estate Intel’s Lagos Real Estate…
The price of Bitcoin (BTC) remained firm at about $90,000, despite geopolitical tensions between the United States and Venezuela reaching a boiling point in the early hours of Saturday morning.Bitcoin briefly fell below $90,000 on Saturday before climbing back up…
Fidelity Bank Plc has appointed Amaka Onwughalu as its new board chairperson following the completion of the tenure of its former chairperson, Mustafa Chike-Obi. In a Friday disclosure to the NGX, signed by the company secretary, Ezinwa Unuigboje, the bank…
The Hacken 2025 Yearly Security Report puts total Web3 losses at about $3.95 billion, up roughly $1.1 billion from 2024, with just over half of that attributed to North Korean threat actors. A report shared with Cointelegraph shows losses peaked…
The claim by Air Peace Chairman and Chief Executive Officer, Allen Onyema, that Nigerian domestic flight fares are among the “cheapest in the world” has sparked a heated debate across social media and the aviation sector in recent days. Mr…
Trust Wallet has moved into a verification phase after a Christmas Day exploit involving its browser extension; while thousands of wallets have been identified, the company has received far more reimbursement claims than expected.On Monday, Trust Wallet CEO Eowyn Chen…
Bitcoin’s (BTC) end-of-year rally toward $90,000 appeared to be stalling due to a lack of demand and weak onchain activity. Still, a new technical setup suggested that momentum may increase once the BTC/USD pair breaks above $90,000. Key takeaways:Apparent demand and…
Real-world asset (RWA) protocols are one of decentralized finance’s (DeFi’s) winners in 2025, overtaking decentralized exchanges (DEXs) to become the fifth-largest category by total value locked (TVL), according to DefiLlama. RWAs now account for about $17 billion in TVL, up from…
Corporations are increasingly turning to Ethereum staking to earn passive yield, a shift that is tightening the amount of Ether available for sale on the open market.BitMine Immersion Technologies, the largest corporate Ether (ETH) holder, has staked 342,560 ETH worth…
Hong Kong-based investment firm Trend Research has continued accumulating Ether even as one of the biggest corporate ETH holders expects a sharp drawdown during the first quarter of 2026.Trend Research acquired $35 million in Ether (ETH), pushing its holdings above…
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