Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
South Korea’s Financial Supervisory Service (FSS) has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, regarding the $36 million hack from November 2025.Local news outlet Yonhap News reported Sunday that the FSS had recently…
Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to more partnerships between traditional electronic payment providers and Bitcoin startups.On August 6, the ETA, which…
The Nigerian stock market added N622 billion to investors’ wealth during the week, as market capitalisation rose by 0.39 per cent to close at N157.057 trillion. This is in spite of a 0.14 per cent decline in the Nigerian Exchange…
Governor Umar Namadi of Jigawa State on Friday suspended a N1.3 billion hospital renovation project after publicly querying the quality of work. He cited the use of low-quality materials and non-compliance with project specifications. The project is for the renovation…
Kaspersky has uncovered a new malware framework targeting cryptocurrency investors.Dubbed “OkoBot,” the malware initiates an infection chain that starts with social engineering tactics such as ClickFix, which tricks users into running malicious commands, or trojanized GitHub apps that deliver a…
France’s Autorité nationale des jeux (ANJ), or the National Gambling Authority, has ordered internet service providers to block access to Polymarket.Prediction websites are considered illegal gambling, the ANJ said in a Friday press release.The regulator said that Polymarket’s operations are…
The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31.In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about…
Digital asset and AI infrastructure company Galaxy Digital has signed a 15-year naming rights agreement with Texas Tech, renaming the university’s football stadium Galaxy Stadium beginning with the 2026 season.The partnership also makes Galaxy the official data center and digital…
Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars in the first place. The country’s recent proposal to recognize Tether’s USDt (USDT) for payments underscores…
Composite insurance underwriter Lasaco Assurance has turned the corner on the N731.5 million half-year loss it logged in the first six months of last year, which heralded its first annual loss in thirteen years during the financial year 2025. The insurer, in…
Senator Elizabeth Warren, one of the more outspoken voices in the US Congress associating digital assets with illicit activities, has called on President Donald Trump to release additional information on his crypto investments ahead of a mandated deadline.In a Thursday…
OKX Europe has launched a one-way conversion feature allowing customers to deposit USDT and convert it into USDC, offering a regulated migration path as the European Union’s Markets in Crypto-Assets (MiCA) rules limit support for the world’s largest stablecoin.According to…
More than $1 out of every $10 of the world’s tokenized US Treasuries is issued by a company incorporated in the British Virgin Islands. That places the small Caribbean territory behind only the United States as a key jurisdiction for…
Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war.Key points:Bitcoin gives traders a sense of deja-vu as local highs spark rejection and rangebound moves continue.The US-Iran war pushes stocks…
Japanese financial services group SBI Holdings has acquired a majority stake in Holdbuild, the parent company of Singaporean crypto platform Coinhako, after receiving regulatory approval from Singapore’s central bank.The approval from the Monetary Authority of Singapore (MAS) enabled SBI to…
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