Sunday, October 11

Business

Thailand SEC Files Complaint Against Bitkub Over 2021 Hack Reporting

Thailand’s crypto industry is facing fresh regulatory scrutiny after authorities accused Bitkub, one of the country’s largest digital asset exchanges, of providing false information to regulators.Thailand’s Securities and Exchange Commission (SEC) filed a criminal complaint against Bitkub Online and two…

Hyperliquid RWA Trading Surpasses All Other Asset Categories

Perpetual decentralized exchange (DEX) Hyperliquid’s weekly trading volume in tokenized real-world assets (RWAs) exceeded that of all other asset categories combined for the first time.RWAs generated $25.1 billion in trading volume from July 13 to July 19, accounting for 52%…

Bitcoin Miner Poolin Files for Chapter 11 Bankruptcy

Singapore-based Bitcoin mining pool Poolin and two of its US affiliates filed for Chapter 11 bankruptcy in a New Jersey court on Wednesday.Poolin’s court filing shows that the mining pool operator has estimated liabilities of $100 million to $500 million,…

Keyamo orders probe into Enugu Air runway incident

The Minister of Aviation and Aerospace Development, Festus Keyamo, has directed all relevant agencies to collaborate with Enugu Air to determine the cause of Thursday’s runway excursion at Benin Airport. Mr Keyamo disclosed this in a post on his official…

Ripple Launches Mint for Institutional RLUSD Access

Ripple, a blockchain-focused fintech company, has launched Ripple Mint, a platform that gives institutions new ways to access, mint, redeem and manage its US dollar-pegged stablecoin, Ripple USD (RLUSD).The company announced Ripple Mint on Thursday, describing it as a unified…

BUA Cement records N16.57bn foreign exchange gains

BUA Cement recorded a net foreign exchange gain of N16.57 billion during the first half of 2026 compared with only N782.8 million in the same period last year and a N9.70 billion foreign exchange loss for the full 2025 financial…

BitMEX Users Seek 623 BTC in Liquidation Fraud Suit

BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern…

BitMEX to Shut Down Crypto Exchange After 11 Years

BitMEX, one of the pioneers of cryptocurrency derivatives trading, announced it will shut down operations after owner and operator HDR Global Trading Limited decided to close the company following a strategic review.BitMEX announced Thursday that it will stop exchange services…

Ethereum Nears Market bottom vs Bitcoin

Ether is becoming increasingly attractive from a valuation standpoint, particularly relative to Bitcoin, but onchain data suggests the market has yet to reach a definitive cycle bottom, according to CryptoQuant.In its latest weekly report, the analytics company said Ether (ETH)…

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