The Vice Chairman of the Airline Operators of Nigeria (AON) and Chairman of Air Peace, Allen Onyema, has warned that several domestic airlines could cease operations within the next 30 days unless the Federal Government urgently intervenes in the challenges…

Galaxy Digital reported an $85 million net loss for the second quarter of 2026 as cryptocurrency valuations declined in the period.That resulted in a $0.09 loss per share posted on Wednesday which Galaxy attributed to the depreciation of digital asset…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has approved more than $57 billion in Field Development Plans (FDPs) since 2024, amid Nigeria’s aggressive push to attract fresh investment and expand oil and gas production. In a statement issued…

Western Union has partnered with stablecoin infrastructure provider Rain to launch Stablecard, a digital wallet and Visa-branded card that enables users to hold and spend a US dollar-backed stablecoin, marking one of the company’s biggest moves into blockchain-based payments.On Wednesday,…

Michigan State Representative Donavan McKinney won a Democratic primary against incumbent House Representative Shri Thanedar in a race that raised accusations of payback by the cryptocurrency industry.McKinney won the primary for Michigan’s 13th Congressional District with 51.9% of the vote…

Bitcoin (BTC) stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs.Key points:Gold analysis eyes Chinese demand as the precious metal hits its highest levels in six weeks.Bitcoin sees a second day of lackluster performance against…

Large cryptocurrency holders are accumulating Bitcoin (BTC) and Ether (ETH) as valuations approach levels associated with the final stage of a bear market, according to CryptoQuant.Rising whale balances during price weakness can reduce available supply and concentrate ownership among larger…

Beta Glass Plc has appointed Boye Olusanya as the new chairman of its Board of Directors following the departure of Vitus Ezinwa. In a regulatory filing on Wednesday, the leading glass container manufacturer in West and Central Africa said Mr…

Just when you thought crypto market morale couldn’t sink any lower, along comes the Coldcard entropy bug to prove you wrong.The discovery of a flaw in one of the industry’s longest-running hardware wallets last Friday serves as a stark reminder…

Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging they diverted more than 470,000 users from Binance Card in breach of their commercial agreement.The plaintiffs seek nearly $473 million in damages, alleging the conduct contributed…

Zenith Bank Plc has revealed that it is investigating an incident involving unauthorised access to customers’ data, noting that the breach does not involve financial information and has not compromised its banking services or digital channels. In an email sent…

US-listed spot Bitcoin exchange-traded funds (ETFs) are attracting fresh capital as a high-profile cryptocurrency custody incident puts renewed focus on digital asset security.Spot Bitcoin ETFs recorded $211.5 million in net inflows on Tuesday, adding to Monday’s $170 million, according to…

S&P Global Ratings assigned its highest principal stability fund rating to BlackRock’s new tokenized money market fund.The ratings provider assigned an “AAAm” rating to the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) on Monday, citing the creditworthiness of its investments…

Bitcoin price-metric basket sees longest capitulation since FTX blow-up: GlassnodeBitcoin (BTC) is seeing its longest capitulation since the end of the 2022 bear market, onchain analytics platform Glassnode reported on Monday.Key points:45 Bitcoin price metrics tracked by Glassnode are in…

A failure to pass the CLARITY Act this week will put the bill in a “walking dead” state, but won’t stop the crypto industry’s march forward, according to Bitwise chief investment officer Matt Hougan. In a blog post on Wednesday, Hougan…