While some Ethereum OGs are cashing out, the top 1% richest Ether holders continue to quietly accumulate the world’s second-largest cryptocurrency, despite the market downturn.An Ethereum initial coin offering (ICO) participant sold another $60 million in Ether (ETH) on Wednesday…

Spot Bitcoin exchange-traded funds (ETFs) ended a bruising month of withdrawals with a modest turnaround, posting roughly $70 million in net inflows for the week. The reversal follows four straight weeks of heavy outflows that drained about $4.35 billion from…

Crypto’s chronic insider trading problem is expanding from token launches to digital asset treasuries (DATs), as investors exploit early knowledge of upcoming corporate coin purchases.The issue runs deeper than a few bad actors, according to Shane Molidor, founder and CEO…

The XRP leap: The next frontier in crypto finance The cryptocurrency market is now entering a new stage in which large institutional investors are looking beyond just Bitcoin (BTC) and Ether (ETH). One of the strongest signs of this shift…

THE Institute of Chartered Accountants of Nigeria on Wednesday welcomed over 2,000 new members in a grand induction ceremony at the ICAN Centre, Lagos, celebrating the next generation of the nation’s financial professionals. The atmosphere was charged with excitement and…

Bitcoin may be carving out a short-term bottom after weeks of heavy selling, with one market analyst arguing that conditions are in place for a relief rally toward the $100,000–$110,000 range.In a recent video, trader Mister Crypto said Bitcoin (BTC)’s…

NovaChill in a new joint venture between Mystrose Agro Commodities Limited and the Ministry of Finance Incorporated, is rolling out a nationwide network of modern cold-chain warehouses. According to a statement to The PUNCH, the initiative is aimed at reducing…

November was a rocky month for crypto markets. Bitcoin’s price is down over 20%, shedding almost $2 trillion in market capitalization.Concerns over possible rate cuts at the US Federal Reserve and the potential for an imminent AI bubble burst have…

The Cross River State Government has approved 500 small business owners to access the SMEDAN–Sterling Bank single-digit interest loan facility, marking a major step in strengthening the state’s SME ecosystem. In a statement made available to PUNCH Online on Saturday,…

Transaction fees are a major concern when sending cryptocurrency. Each transaction incurs a fee that is received by the miner, and that translates to paying hefty amounts for large organizations that regularly deal with large transactions.Transaction batching is a method…

Private sector players are growing increasingly concerned that the worsening insecurity in Nigeria could hamper business expansion. Many are preparing to strengthen risk management, review their presence in high-risk areas and set up contingency measures to keep operations running, ARINZE…

From dominance to ban: The 2021 crackdown Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world’s Bitcoin computing power…

The Chartered Institute of Logistics and Transport Nigeria has announced plans to secure an Act of Parliament granting it full legal authority to regulate professional standards in the transport and logistics industry. The newly inaugurated President of CILT Nigeria, Dr…

Crypto veteran Arthur Hayes has issued a warning over Monad, saying the recently launched layer-1 blockchain could plunge as much as 99% and end up as another failed experiment driven by venture capital hype rather than real adoption.Speaking on Altcoin…

Nkata Iyom Igbo, a leading national women’s association, is seeking to integrate its members into the modern economy through a grassroots campaign emphasising digital literacy and artificial intelligence. The initiative, disclosed in a statement on Thursday, aims to position the…