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A vulnerability in Cardano-based wallet SecondFi allowed attackers to drain user funds, resulting in major losses.SecondFi on Wednesday confirmed it had identified the root cause of the exploit and is now engaging with Cardano ecosystem…
The Federal Government and the Aig-Imoukhuede Foundation have called for accelerated digital transformation across Nigeria’s civil service, with a push to end manual and opaque governance systems in Ministries, Departments, and Agencies. A statement from the Foundation on Friday stated…
Amid soaring fuel costs and persistent electricity challenges affecting homes and businesses, the Chief Executive Officer of Common Sense Group, Dr Olumide Emmanuel, explains to DARE OLAWIN why Nigerians need to adopt solar energy, following the example of the Presidential…
About 70% of all wrench attacks, physical attacks against crypto holders and their families, carried out in an attempt to steal digital assets, occur in France, according to Bitcoin journalist Joe Nakamoto. There have been 41 crypto-related kidnappings in France so…
The price of Bitcoin may be headed to the $60,000 level after breaking past a “crucial” support zone between $75,000 and $76,000, according to crypto market analyst Michaël van de Poppe.Bitcoin fell below the support zone on Friday, van de…
Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus” view that he will raise interest rates, according to author, Bitcoin investor and market analyst…
A key indicator of institutional crypto market participation, the Coinbase premium has fallen deeper into negative territory, indicating increased selling pressure from institutions.The Coinbase premium has been mostly negative since late April, but it has fallen much faster over the…
US Securities and Exchange Commissioner Hester Peirce has told the crypto industry to cool its expectations about a potential “innovation exemption” to allow tokenized stock trading after a report earlier this week about what it could entail. Her comments were made…
Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021.The planned deal was the largest-ever crypto merger at…
Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million in transactions tied to a sanctioned Iranian financier, which eventually flowed to Iran’s Islamic Revolutionary Guard Corps.In a Friday post…
Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and short-term options strategies to generate yield alongside Bitcoin exposure.The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call strategies…
Nigerian billionaire businessman, Femi Otedola, has described the industrial projects of Aliko Dangote as a turning point in Nigeria’s economic history, saying the businessman had delivered the country and Africa from “economic slavery.” Mr Otedola made the remarks during a…
The International Holding Company (IHC) executed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain. The company described the transfer as one of the largest disclosed stablecoin transactions executed in the United Arab Emirates.The transaction…
Nigerian billionaire businessman Femi Otedola has disclosed that he sold his stake in Geregu Power Plc to invest in the planned public offering of the Dangote refinery project owned by Aliko Dangote. Mr Otedola made the disclosure while speaking to…
The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary policy, according to three sources cited by Reuters.The pushback came in response to a policy paper…
Airtel Africa Plc has announced a change in its registered office address in London, calling on stakeholders to take note of the change and update their records accordingly. The company announced the change in a statement posted on NGX Group…
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