President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate major global technology companies and Generative Artificial Intelligence (AI) platforms over allegations of anti-competitive practices and the unauthorised use of content belonging to Nigerian media…

The United Nations Development Programme (UNDP) has signed a new agreement with the Stellar Development Foundation to expand the agency’s use of blockchain-based payments after completing pilot projects in five countries, signaling a broader role for public blockchain infrastructure in…

Bitmine Immersion Technologies, holding one of the largest Ether (ETH) stockpiles as part of its treasury strategy, said Monday it added of $74 million worth of the second-biggest crypto by market cap, in contrast with Strategy, a major Bitcoin (BTC)…

Michael Saylor’s Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves.Strategy sold the Bitcoin for $216 million, reducing its total holdings to 843,775 Bitcoin, according to a Monday 8-K filing with the US…

United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony Elumelu, will retire from the Board of Directors, effective 21 August, after serving at the bank since 2014. The bank also appointed Emmanuel Nnorom as a Non-Executive…

Bitcoin (BTC) saw flash volatility into Monday’s Wall Street open as markets reacted to tech company Strategy’s new BTC sales.Key points:Bitcoin reacts sharply to news that Strategy had sold nearly 3,600 BTC.A rebound during the US trading session failed to…

The United Kingdom’s Financial Conduct Authority (FCA) has issued a broad regulatory blueprint for retail financial services, warning that retail financial services are hurtling toward total automation driven by autonomous “agentic AI.”The landmark report, “AI and the future of retail…

The Office of the Accountant-General of the Federation (OAGF) says the Presidential Foreign Intervention Promotion Council (PFIPC) does not operate any account with the Central Bank of Nigeria (CBN), adding that no public funds or salaries have been paid to…

Crypto losses fell 46.8% year-on-year to $1.32 billion in the first half of 2026, but crypto security firm CertiK says the drop is misleading, warning that attackers are becoming more sophisticated and destructive. Phishing drove the bulk of losses in the…

Belgium’s financial markets regulator warned consumers against six crypto-asset service providers (CASPs) it said were operating in the country without authorization, days after the European Union’s Markets in Crypto-Assets (MiCA) licensing deadline took effect. On Monday, the Financial Services and Markets…

South Korea’s media and communications review body said it will hear from Polymarket before deciding whether to take corrective action against the prediction market platform. On Monday, the Broadcasting, Media and Communications Review Committee said it would allow Polymarket to submit…

Bitcoin (BTC) starts the second week of June near two-week highs with traders keen to see bullish continuation.Key points:BTC price action targets nearby liquidity as a trader names the “most important” support zone to hold next.US stock-market performance gives analysis…

A dormant Bitcoin address transferred 30 BTC worth about $1.88 million for the first time in almost 15 years.Bitcoin address “1KV47” made its first outgoing transfer on Saturday since receiving 30 BTC in August 2011, blockchain data shared by Galaxy…

Thousands of crypto wallets are at risk of being drained due to the use of weaker-than-intended recovery phrases, an exploit that Blockchain security research firm Coinspect has dubbed “Ill Bloom.”The wallets at risk span Bitcoin, Ethereum, Polygon, Rootstock, Tron and…

Adjusted stablecoin transaction volume hit a record $1.79 trillion in June, up 63% from May’s $1.1 trillion, according to payments giant Visa.June’s record stablecoin transaction volume surpassed the previous record of $1.78 trillion in February, and is up 125% from…