Business
The Nigerian Safety Investigation Bureau has concluded plans to work with the Lagos State Waterways Authority to explore areas of collaboration aimed at strengthening safety standards, incident investigation processes, and operational efficiency across Lagos waterways.…
An active supply chain attack is targeting crypto and artificial intelligence developers in a bid to steal crypto, data or credentials, says the developer platform Socket.Socket said in a report on Sunday that it discovered the malware campaign, which it…
Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin mining pool F2Pool, has joined SpaceX’s first planned interplanetary mission to Mars after “purchasing” the mission.SpaceX announced Thursday that the two-year-long mission will explore beyond the moon, fly by Mars,…
The Nigerian Civil Aviation Authority (NCAA) has suspended its earlier “no-pay, no-service” directive issued against domestic airlines over outstanding statutory remittances owed to the regulator. The authority announced the decision in a statement issued on Sunday evening by the Director-General…
The US spot Bitcoin exchange-traded fund market is closing in on recording net outflows for this year after Friday saw the funds hit six consecutive days of outflows.Net inflows into the Bitcoin ETFs so far in 2026 have shrunk to…
Artificial intelligence agents settling payments have gone from concept to reality in the last 12 months, with $73 million settled across 176 million transactions from May last year through April 2026, according to crypto investment firm Keyrock.In a report released…
Kalshi has backed a new lobbying group for prediction markets called Americans for Fair Markets, which has tapped former deputy White House chief of staff Taylor Budowich as its strategic advisor.Kalshi said on Friday that the organization is positioning itself…
The US Securities and Exchange Commission has reportedly postponed its plan to allow trading of tokenized stocks after stock exchange officials raised concerns over how the plan would be implemented.Bloomberg reported on Friday, citing sources familiar with the matter, that…
Rising government bond yields signal a coming “structural” shift that will create a Bitcoin “supercycle” of rising prices, as investors flee debasing assets for one that cannot be inflated, according to Shang Wu, a senior research analyst at crypto exchange…
Ethereum co-founder Vitalik Buterin responded to growing criticisms of the Ethereum Foundation’s role in the Ethereum ecosystem, pushing back against critics who want the organization to take a more active role in supporting token prices and marketing.Buterin said the Foundation…
Cryptocurrency markets have recovered around $75 billion in total capitalization following a progress update on Saturday from US President Donald Trump on a peace agreement with Iran.Trump said a deal has been “largely negotiated” among the United States, Iran, and…
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023 class action lawsuit, filed by former customers of the defunct exchange.The plaintiffs allege that Fenwick…
The Centre for the Promotion of Private Enterprise (CPPE) has warned against growing calls for unbridled importation of petroleum products. It argued that such a policy could undermine Nigeria’s industrialisation drive, weaken domestic refining investments, and deepen economic vulnerability. In…
Tom Lee’s BitMine faces about $7.3 billion in paper losses on its Ethereum treasury as Ether (ETH) traders weigh worsening sentiment, ETF outflows and a bearish chart setup pointing toward $1,600.Key takeaways:Bitmine keeps buying ETH even as its losses mount…
Senior officials at the Commodity Futures Trading Commission who raised concerns about prediction market companies were suspended, investigated and eventually pushed out of the agency.According to a New York Times investigation published Sunday, the officials had flagged concerns about Polymarket,…
The Nigerian Civil Aviation Authority (NCAA) has directed its departments to suspend services to 11 domestic airlines over unpaid financial obligations owed to the regulator. The directive was contained in an internal memo dated 22 May, which instructed all NCAA…
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