Saturday, June 20

Business

Kalshi Enters Canada Through Wealthsimple Prediction Markets App

Canadian fintech Wealthsimple is launching a prediction markets app powered by Kalshi, giving that country’s retail investors access to thousands of event-based contracts following regulatory approval earlier this year.The standalone app, called Wealthsimple Predict, is scheduled to launch this summer…

FG issues guidelines for transition to new tax regime

The Federal Government has released guidelines to govern the transition from Nigeria’s repealed tax laws to the new tax framework that came into effect this year. The guidelines, issued on Thursday by the Federal Ministry of Finance, are intended to…

CME Group Sues CFTC Over Crypto Perpetual Futures

The Chicago Mercantile Exchange (CME) Group said it was taking legal action against the US Commodity Futures Trading Commission (CFTC) over cryptocurrency perpetual futures.In a Thursday filing in the US District Court for the District of Columbia, CME filed a…

HIVE Signs 0M GPU Cloud Contract for Cohere AI Workloads

Canadian Bitcoin miner HIVE Digital Technologies said its AI subsidiary BUZZ HPC has signed a three-year GPU cloud contract worth approximately $220 million with Bell AI Fabric for AI startup Cohere, expanding the company’s push into high-performance computing (HPC) and…

Bitcoin Miners Need B for AI Pivot as IREN Faces B Funding Gap

Public Bitcoin miners are increasingly being valued as AI infrastructure companies, but turning that narrative into reality could require roughly $50 billion in near-term capital, according to a new framework highlighted by Blocksbridge Consulting’s latest Miner Weekly newsletter.Using data from…

What happens when ChatGPT becomes the front door to crypto

The next crypto user may start outside exchangesFor most of crypto’s history, new users followed a fairly standard path. They signed up on an exchange, completed identity checks, learned how wallets worked, bought their first cryptocurrency and only then started…

Ledn Launches Tether Gold-Backed Loans With XAUt Collateral

Bitcoin lending platform Ledn has expanded its services to include Tether Gold (XAUt), allowing investors to hold the tokenized asset and borrow against it in much the same way they can borrow against Bitcoin.Ledn announced Thursday that clients can use…

Bayelsa govt yet to decide tariff

The Bayelsa State Government has said it is yet to decide on the tariffs for usage of its gas-powered 60 megawatts electricity plant. Ebiuwou Koku-Obiyai, the commissioner for information, orientation and strategy, stated this in an interview with the News…

Dangote refinery cuts diesel, jet fuel prices

The Dangote Petroleum Refinery has lowered its gantry prices for Automotive Gas Oil (diesel) and Aviation Turbine Kerosene (jet fuel). According to data from Petroleumprice.ng, the Dangote refinery reduced the diesel gantry price by N100, from N1,700 per litre to…

Capital B Gains Authority to Raise Up to 0B for Bitcoin

France-listed Bitcoin treasury company Capital B’s shareholders approved a delegation of new capital-raising instruments that may bring up to 105 billion euros ($120.4 billion) in funding to fuel the company’s Bitcoin acquisitions.Over 95% of shareholders approved the establishment of up…

NDPHC vows stable electricity to support businesses

The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company, Jennifer Adighije, has reaffirmed the company’s commitment to delivering reliable and sustainable electricity across Nigeria, stressing that stable power supply remains critical to deepening democracy and…

G7 Flags North Korean Cybercrime After B Stolen in 2025

Group of Seven (G7) leaders have renewed their call for joint action against North Korean cryptocurrency thefts and cybercrime.In a statement adopted at this week’s G7 summit in Évian-les-Bains, France, the leaders expressed “deep concern” over North Korea’s nuclear and…

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