Galaxy Digital has cut its odds of the CLARITY Act becoming law in 2026 to 50%, warning that the US Senate is running out of time to move the crypto market structure bill before its August recess.“We are reducing our…

Bitcoin (BTC) continued its battle to reclaim $60,000 into the weekend as chart cues fueled hopes of a recovery. Key points:Bitcoin RSI signals spark comparisons to the end of the 2022 bear market as a bullish divergence filters through.Analysis sees “encouraging”…

For the second week running last week, Nigerian stocks retreated, in this case by 1.7 per cent, as sell pressure on industrial goods and oil & gas equities weighed on the benchmark index. That continued the broad market correction that…

The Bank for International Settlements has warned that artificial intelligence “exuberance” could have major financial consequences, as heavy reliance on debt financing in AI ventures raises the risk of cascading defaults if investor optimism fades.The five largest hyperscalers are set…

Crypto treasury company Sharplink, which resumed buying Ether last week after an eight-month pause, has bought a total of $62.4 million worth of Ether since Thursday. Onchain data from Arkham shows that after Sharplink bought 5,000 ETH on Thursday, it bought…

Association of Corporate Communication and Marketing Professionals in Banks has called on banks to deepen the adoption of digital payment channels, including QR code payments, as part of efforts to strengthen Nigeria’s financial technology ecosystem. The call was made during…

The Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator, has granted its 50th virtual asset service provider (VASP) license.On Monday, VARA said its latest approval went to tokenized assets platform Tribe Tokenisation FZE.The milestone provides one measure of the growth…

United Nigeria Airlines has been admitted as a full member of the African Airlines Association, a milestone expected to strengthen the Nigerian carrier’s continental presence while expanding collaboration among African airlines. The admission also reinforces AFRAA’s strategic drive to deepen…

Ethereum’s first zero-knowledge rollup, Loopring, announced Sunday the closure of its decentralized exchange and automated market maker, ending all trading services and halting the relayer effective immediately.In a post on X on Sunday, the team cited three main reasons for…

The Niger Delta Power Holding Company has adopted artificial intelligence and machine learning technologies to predict equipment failures and improve the performance of its power plants as part of efforts to boost electricity generation and reduce operational downtime. The Managing…

Odu’a Investment Company Limited, owned by six South-West states, is targeting N1t in total assets by 2030 following the launch of its “30 by 2030” growth strategy, a roadmap officially known as SRC 2.0 (2026–2030). The company also declared N23.58bn…

The Small and Medium Enterprises Development Agency of Nigeria has secured a $12m commitment from the South Korean Government to establish a Skills Acquisition Centre in Abuja as part of efforts to deepen entrepreneurship, tackle unemployment, and strengthen Nigeria’s small…

Tanzania, Nigeria, and Ethiopia have emerged as the biggest beneficiaries of a major World Bank-backed electrification drive across Africa, helping to connect more than 50 million people to electricity in less than three years, an analysis of the Mission 300…

About 60% of World Cup bettors on Polymarket are first-time crypto usersAbout 60% of users who placed their first World Cup bets on Polymarket had never interacted with blockchain protocols before, suggesting prediction markets are becoming an entry point into…

The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and weakening sovereign monetary control, urging central banks and the financial industry to accelerate the development of tokenized forms of central…