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Bitcoin (BTC) has fallen 3% over the past 24 hours, trading into a dense buy-side liquidity zone after slipping below $61,000. More than $525 million in buy bids initially stacked between $60,500 and $61,500 created…
Crypto exchange Binance is partnering with fintech company BlockShoals Technologies in what the platform described as its first formal market-entry approach in the Philippines, through local partnerships and regulatory engagement. On Tuesday, Binance announced the partnership, highlighting that BlockShoals is an…
Kano state emerged as Nigeria‘s most livable family city, leading on safety, childcare, grid supply, and daily affordability, according to a new survey by SBM Intelligence. The report, published on Tuesday, surveyed quality of life, covering 442 respondents across Abuja…
Crypto investment products recorded $1.47 billion in outflows last week, extending a second straight week of withdrawals as Bitcoin funds led the decline, according to CoinShares.Crypto exchange-traded products (ETPs) extended the prior week’s $1.07 billion in withdrawals, CoinShares reported Tuesday.Bitcoin…
The Airline Operators of Nigeria (AON) has rejected claims that domestic airlines owe the Nigerian Civil Aviation Authority (NCAA) outstanding charges for regulatory services. The association said airlines operating in the country pay for all regulatory services upfront and accused…
NEW YORK and HONG KONG — Cyannova Capital (“Cyannova” or the “Company”), a New York-based investment firm, announces its inaugural investment fund, Cyannova Capital, LP, at its private industry reception held in Hong Kong. The fund is positioned as event-driven…
Bitcoin is sliding into a high-risk environment due to continued institutional selling, primarily from US spot exchange-traded funds, according to crypto analytics platform Swissblock.Swissblock said on Tuesday that its Bitcoin risk index was at a high risk score of 33…
Security for artificial intelligence-powered agents should be built into the entire system, not just around the model itself, to better prevent failures and attacks from bad actors, according to a new research paper.The amended paper, released on May 20 by…
President Bola Tinubu’s push for cheaper, gas-powered transportation has struggled to gain the expected momentum, as private sector stakeholders identify infrastructure deficiencies slowing expansion, ARINZE NWAFOR reports Nigeria’s adoption of compressed natural gas remains far below expectations, despite aggressive government…
Scammers have been using Google to deploy malicious phishing advertisements impersonating the crypto protocol Uniswap, which has reportedly netted the attackers at least $400,000. The on-chain analyst “b-block” posted to X on Monday that a website impersonating decentralized finance exchange Uniswap…
Global energy security concerns and mounting economic pressures are pushing governments and investors to prioritise reliable hydrocarbon supply over the pace of an immediate energy transition, according to Oando Plc’s Group Chief Executive, Wale Tinubu CON. Speaking in a BBC…
Ether treasury company Bitmine Immersion Technologies has been included in a preliminary list for potential inclusion in the Russell 3000 index, a move that chairman Tom Lee hinted could provide tailwinds for the company’s stock.FTSE Russell, a subsidiary of the…
Sycamore, a Lagos-based financial services company, has received a microfinance bank licence from the Central Bank of Nigeria, a move that gives its more than 400,000 customers direct access to deposit accounts and faster payment processing through the national payments…
Nathan Allman, the founder and CEO of Ondo Finance and one of the pioneers of blockchain tokenization, has died aged 32.“It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo’s founder,” Ondo Finance said in…
The Nigeria Civil Aviation Authority has temporarily suspended its “No-pay, No-service” enforcement directive against domestic airlines over outstanding statutory remittances, citing the need to protect operational stability within the country’s aviation industry. In a statement signed by the Director-General of…
Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293 million exploit by North Korea’s Lazarus Group on April 18.Kelp DAO posted to X on…
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