Business
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…
Roughly $63 million in Tornado Cash deposits has been linked to the $282 million cryptocurrency wallet compromise of Jan. 10.Blockchain security firm CertiK said in a Monday X post that its monitoring systems identified Tornado Cash interactions tied to the…
Agbeyewa Industries Limited, a subsidiary of Cavista Holdings, has acquired Matna Foods Company Limited, founded in 1998 by former Central Bank of Nigeria Governor, Dr Joseph Sanusi, further strengthening its position in the Nigerian agribusiness sector. According to the firm…
US Senate Judiciary Committee leaders are seeking to remove crypto developer protections from the Senate’s crypto market structure bill, arguing the provisions would weaken unlicensed money transmitting laws.Senate Judiciary chair Charles Grassley and the committee’s top Democrat, Richard Durbin, told…
Mandilas Group has signed a Memorandum of Understanding with the Yaba College of Technology to equip Nigerian students with practical, industry-relevant skills and improve graduate employability. The partnership, implemented through the John Basil Mandilas Foundation, the corporate social responsibility arm…
What is the “walkaway test?” Vitalik Buterin’s “walkaway test” is a way to assess Ethereum’s long-term credibility. The network is intended to remain secure and functional even if its core developers were to stop actively upgrading it.In a recent analogy,…
UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa Plc, has distributed essential materials worth several millions of naira and dollars to school students, orphanages, internally displaced persons camps, and vulnerable communities across Nigeria and 19 other…
In January 2025, French authorities freed Ledger co-founder David Balland after kidnappers demanded a large ransom in cryptocurrency. The case illustrated what crypto crime can look like when it leaves the screen and becomes a physical hostage situation.In fact, crypto-related…
Nigerian stocks reported their third straight week of gain last week, driven by gains from oil & gas equities. All the sector indexes appreciated during the week, taking the year-to-date return to 6.8 per cent. Investor confidence has been strong…
Industry experts have said that Nigeria’s ongoing insurance recapitalisation must be matched with deliberate investments in skills, technology and market expansion to deliver real value to the economy and the public. Speaking on the state of the industry, former President…
Crypto exchange Binance has reintroduced direct bank transfers in Australia two years after the exchange was abruptly “cut off” from the Australian banking system. As of last Friday, Binance Australia has relaunched direct fiat bank and PayID deposits and withdrawals to…
In a conversation with DARE OLAWIN, Obat Oil’s Group Managing Director, Akinfemiwa Akinruntan, discusses the company’s strategic advantages, operational improvements, plans to grow its retail network, collaboration with the Dangote refinery, and how technology, infrastructure, and cleaner energy are driving…
In the first 11 months of 2025, China ran a customs trade surplus of over $1tn. According to Brad Setser of the Council on Foreign Relations, in 2025 as a whole, its “overall goods surplus . . . should —…
Imagine you’ve just gotten off a 16-hour flight. You’re red-eyed and irritable, but you need to shift some crypto funds in a hurry. The SIM-card shops are closed, so you use the provided “free airport WiFi” to get connected. Hours later,…
Access ARM Pensions has exceeded the N4tn mark in assets under management, marking a major milestone and underscoring the strong momentum following the merger of Access Pensions and ARM Pensions. The achievement represents a significant increase from less than N3tn…
Bitcoin fell almost $3,500 on Monday as Europe hinted at retaliatory measures against US President Donald Trump, who threatened new trade tariffs unless negotiations could begin over Greenland. Bitcoin (BTC) prices have dumped 3.6% in a matter of hours, falling from…
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