Sunday, October 11

Business

Shell awards 8m contracts to indigenous firms

Shell Company in Nigeria awarded contracts worth 518 million US dollars to indigenous companies in 2025, reinforcing its commitment to the growth of Nigerian content in the oil and gas industry. The company’s Communications Manager, Gladys Afam-Anadu, disclosed this in…

Is Robinhood Chain’s Success Bullish or Bearish for ETH?

Robinhood Chain’s explosive launch this month has reignited one of Ethereum’s longest-running debates: Do successful layer-2 networks increase demand for ETH, the asset, or do the new entrants capture all of the value for themselves?The retail brokerage’s Arbitrum-based Ethereum L2…

UAC reshuffles board, appoints investment director to UPDC

UAC of Nigeria Plc has announced significant changes to its board structure, appointing its Group Investment Director, Adebolanle Badejo, to the board of UPDC Plc. The company stated that the restructuring is intended to strengthen governance across its operating companies…

FG advocates local cocoa processing to end raw bean export

President Bola Tinubu has declared that Nigeria must move away from exporting raw cocoa beans and focus on processing the commodity locally to capture more value from the global chocolate market. The president, represented by the Minister of Agriculture and…

Japan Brings Crypto Under Financial Market Rules

Japan is set to reshape its cryptocurrency market with stricter trading rules, stronger user protections and a framework closer to traditional finance.The country’s parliament on Wednesday passed revisions that classify crypto assets as financial assets under Japan’s Financial Instruments and…

ARK Buys 725K Circle Shares in July Despite Sell-Off

Cathie Wood’s ARK Invest is doubling down on its bet on USDC issuer Circle even as the company’s stock remains under pressure.ARK bought another 220,000 shares of Circle Internet Group (CRCL) across three of its actively managed exchange-traded funds on…

OP_CHECKSIGFROMSTACK and OP_CAT

This is Part 4 in the technical article series about Bitcoin covenants by Cointelegraph Research. To read the previous article, click here. The following opcodes do not independently implement full covenant functionality. Instead, they are building blocks for constructing covenants when…

Bitcoin ETFs Reverse Gains With 4 Million Outflow

US-listed spot Bitcoin exchange-traded funds (ETFs) returned to outflows, reversing the previous week’s short-lived return to positive flows.Spot Bitcoin ETFs recorded $424.66 million in net outflows on Monday, marking their biggest single-day withdrawal in July so far, according to SoSoValue…

US Treasury, Tether Freezes 1M in Crypto Tied to Iran

US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to Iran on Tuesday, as hostilities ramped up in the Middle East. Earlier on Tuesday, blockchain investigator Specter…

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