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The Central Bank of Nigeria has raised concerns over the persistent abuse of the naira, warning that the defacing and mutilation of banknotes are increasing the cost of currency management and shortening the lifespan of…
Shares of Michael Saylor’s Strategy fell Monday after the company disclosed its first Bitcoin sale since adopting a “never sell” philosophy, prompting fresh scrutiny of the corporate Bitcoin treasury model.Nasdaq-traded MSTR stock was down more than 6.5% to start off…
A group of lawmakers within Japan’s Liberal Democratic Party (LDP) are seeking reforms to the country’s cryptocurrency taxation system, as well as support for initiatives for the development and adoption of yen-denominated stablecoins.According to a Monday Nada News report, the…
The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts.The Kelp DAO hacker-tagged wallet appears to have…
Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100.HYPE/USD daily chart. Source: TradingViewKey takeaways:HYPE has broken out of…
An early Ether (ETH) investor sold their ETH holdings over the past week as the price headed toward $2,000, sparking fears of further losses. However, onchain data tells a different story as traders speculate where ETH/USD might bottom.Key takeaways:An early…
[Update 1:57 P.M. UTC, June 1 — Updates third paragraph with share price decline in Monday morning trading.]Strategy sold 32 BTC last week, its first reported Bitcoin sale since a 2022 tax-loss transaction, as the company moved to fund preferred…
Mutsamudu, Comoros, June 1, 2026 – MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of ‘RealStocks.’ This innovative equity product is now accessible to eligible users globally. The product seamlessly integrates real ownership rights of traditional…
Crypto investment products extended losses to three straight weeks last week amid ongoing selling pressure in markets and limited institutional demand.Crypto exchange-traded products (ETPs) recorded $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, CoinShares reported on…
Losses from exploits of crypto platforms fell to $68.3 million in May, down almost 90% from the $650 million lost in April, says crypto security company CertiK.“After a particularly bad April, May is now the third month of 2026 to…
Coinbase has enabled direct rupee bank rails in India, making it easier for local customers to move money between bank accounts and crypto markets on the exchange as the company deepens its push into one of the world’s fastest-growing digital…
Bitcoin (BTC) heads into June with new local lows as the US-Iran war drives crypto market nerves.Iran ceasefire hopes hang in the balance as military strikes return, but US President Donald Trump appears confident that “it will all work out…
A $1.26 billion block trade in BlackRock’s iShares Bitcoin Trust (IBIT) made last week was likely a whale making a quick exit on a directional trade, says Greg Cipolaro, the head of research at financial services company NYDIG.On Tuesday, an…
The Group Chief Operating Officer of FMDQ Group Plc, Tumi Sekoni, has asserted that achieving sustainable socio-economic development in Nigeria begins with deliberate corporate investments in financial literacy and the capacity building of the younger generation. Sekoni made this declaration…
The Sui Foundation, the nonprofit organization behind the Sui Network, says it has made a “major upgrade” to address issues that caused three recent outages and left the blockchain down for more than 15 hours across two days.Sui experienced an…
Nigeria’s food import bill decreased to $2.34bn in 2025, marking a 7.37 per cent decline from the $2.53bn recorded the previous year. According to financial analysts, this shift signals a critical transition in the nation’s economic priorities. “We are seeing…
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