Africa can unlock more than $469bn in additional annual revenue without raising statutory tax rates, according to the African Development Bank. Chief Economist and Vice President for Economic Governance and Knowledge Management at the African Development Bank, Prof Kevin Urama,…

US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more than a year after it was called for in an executive order from President Donald Trump.Speaking…

Grimaldi Agency Nigeria has clarified reports regarding the company’s sale of empty shipping containers. The company also refuted reports that it sold 2,500 empty containers, describing such claims as false and unsupported by facts. In a statement issued on Wednesday,…

Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after enactment of a policy allowing immunity from criminal proceedings for filers correcting their reports.According to a Wednesday report from Globes, Israeli…

Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to attract AI infrastructure investment as demand for computing power accelerates.In an order published Wednesday, titled…

The Federal Ministry of Finance has reiterated Nigeria’s commitment to attracting foreign investment and strengthening economic partnerships with global financial institutions following the country’s participation in an investment engagement at the London Stock Exchange. The ministry disclosed this in a…

Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800. ETH/USD 1-hour chart. Source: Cointelegraph/TradingViewKey takeaways:Ether fell to a…

Abbey Mortgage Bank has secured regulatory go-ahead from the Central Bank of Nigeria (CBN) to proceed with its planned conversion to a regional commercial bank, the mortgage lender announced on Wednesday. “In addition, pursuant to he resolution of shareholders at…

[Update (June 3 at 8:01 pm UTC): This article has been updated to include a response from Fairshake in the fourth paragraph.]Democratic and Republican candidates across California, New Jersey and South Dakota won their respective primaries on Tuesday after being…

Nigeria recorded $10.37 billion in capital importation in the first quarter of 2026, representing an 83.83 per cent increase compared to the $5.64 billion received in the corresponding period of 2025 The development was contained in a report released by…

A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing.Key takeaways:Trader has opened fresh long positions in Arthur Hayes’ trinity coins: HYPE, ZEC, and NEAR.HYPE has extended its bull…

Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase’s x402 protocol generated more than…

Nestoil Limited has engaged in a verbal clash with Abubakar Sulu-Gambari, the receiver/manager appointed over the company and Neconde Energy in respect of an alleged debt default. The verbal exchange comes against the backdrop of a Supreme Court ruling delivered…

Bitcoin (BTC) hovered near two-month lows on Wednesday as 2022 bear-market comparisons returned.Key points:Bitcoin traders bring back the 2022 bear market to assess where BTC price action might go next.History shows a new lower high followed by a breakdown of…

The European Union’s Markets in Crypto Assets Regulation hits a hard deadline on July 1 when the transitional period ends and in-scope crypto asset service providers operating under national regimes must either hold a MiCA licence or stop serving EU…