Saturday, October 10

Business

600 BTC Mined in 2010 Moves After 16 Years of Dormancy

Bitcoin mined in 2010 moved from long-dormant addresses after more than 16 years, reigniting speculation over a possible link to Satoshi Nakamoto.Twelve addresses holding a combined 600 Bitcoin (BTC), worth about $48 million, moved the coins on Saturday after more…

Tether-Backed Orionx Shuts Down After M Custody Gap

Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after uncovering a multimillion-dollar issue linked to asset custody.The exchange said it began a permanent closure process after a forensic audit found more than $7 million…

Poland Upholds Crypto Bill Veto as Zondacrypto Probe Widens

Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market.The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor…

Bitcoin ETF Demand Grows While Ether and XRP Cool

US-listed spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest three-week inflow stretch of 2026 as Bitcoin traded around $80,000.The funds attracted $986.9 million in the week ending Friday, bringing net inflows over the past three weeks to $3.8 billion,…

Uber’s exit from Nigeria has nothing to do with FAAN – Official

The Federal Airports Authority of Nigeria (FAAN) has rejected claims that its restrictions on e-hailing operations at airports contributed to Uber’s decision to leave Nigeria. FAAN Managing Director, Olubunmi Kuku, said the ride-hailing company’s exit was a business decision and…

US Labor Data Beat Sends Bitcoin Lower Amid Fed Rate Uncertainty

Key points:The US economy added 162,000 nonfarm payroll jobs in August, nearly triple economists’ consensus estimate of 56,000.Bitcoin sold off from $81,300 to local lows of $78,600 following the data, before recovering to $79,500.A rival Bitcoin fork using the Blake2b…

Pineapple Financial’s Onchain Mortgage Records Cross B

Pineapple Financial has moved more than $1 billion in residential mortgage records onto Injective, a layer-1 blockchain focused on financial applications, as part of a broader effort to migrate its historical loan portfolio onchain.Pineapple plans to eventually migrate more than…

QuFi Rolls Out Post-Quantum Security Layer with uBTC Bitcoin Test

Post-quantum infrastructure company QuFi Network has launched a verification platform designed to protect digital assets against future quantum computing threats without requiring changes to existing blockchain settlement networks.The platform separates verification from settlement, using a decentralized network of nodes to…

Bitcoin rally revives miners as Strategy, Strive buy more BTC

Crypto’s August rally put corporate conviction to the test. Bitcoin (BTC) miners that spent much of the crypto downturn courting AI investors are once again trading like leveraged bets on BTC, while Strategy and Strive are adding thousands more Bitcoin…

Dangote Refinery to launch .5 billion IPO mid-September

Dangote Refinery will open the order book for its initial public offering to retail investors on 14 September, effectively kickstarting the $1.5 billion public share sale, said to be the continent’s biggest ever, Reuters reported Friday, citing two sources who…

Token Buybacks Are Booming. Are They Good For Crypto Projects?

As the industry matures and borrows more pages out of TradiFi’s playbook, crypto projects are starting to adopt some of the behaviors of public companies.The latest craze rocking cryptoville is token buybacks: using revenue to buy back your own token.So…

Trezor Says Data Breach Affects Another 67k US Customers

The impact of hardware wallet provider Trezor’s data breach was larger than initially estimated, expanding to an additional 67,000 US customers.The breach may endanger more US users who ordered between November 2019 and August 2021, Trezor said in a Friday…

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