The Federal Government has reaffirmed its commitment to strengthening Nigeria’s domestic revenue mobilisation framework, saying the country cannot sustainably finance its development through external resources alone. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, stated this…

The Monetary Authority of Singapore (MAS), the city-state’s central bank and financial regulator, has added decentralized perpetuals exchange Hyperliquid to its Investor Alert List. The entry, added on Friday, includes the Hyper Foundation website and the Hyperliquid trading app.The Investor…

The Australian Securities and Investments Commission (ASIC) has given digital asset businesses another three months to apply for licenses required under its updated regulatory guidance.Australia’s financial regulator said that the temporary protection from enforcement would remain in place until Sept.…

About 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 crypto.The finding is based on a 90-day Bitget Wallet study shared…

The Bank of Agriculture has unveiled a strategic roadmap aimed at modernising its operations, expanding grassroots financial inclusion and accelerating agricultural transformation in line with the Federal Government’s food security agenda. The Managing Director and Chief Executive Officer of the…

US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their largest daily net outflows of June on Thursday as Bitcoin fell below $60,000.Spot Bitcoin ETFs shed $696.3 million, surpassing the previous monthly high of $519.2 million logged on June 2, according to…

Providus Bank Limited and Unity Bank Plc have announced plans to commence operations as a single entity following the successful merger of the two financial institutions. The development was disclosed in a statement posted on Providus Bank’s official X handle…

Power over tokens: Why AI is changing crypto valuationsFor a long time, the value of crypto companies was closely tied to traditional indicators such as trading volumes, digital asset holdings, mining income and assets under management.Investors generally judged these firms…

Cornerstone Insurance’s profit for last year dropped by more than half, relative to 2024’s level, hammered by an end to a windfall income that naira devaluation handed lenders and insurers holding assets in foreign currencies two years ago. Post-tax profit,…

A third-party vendor compromise discovered Thursday allowed attackers to inject a malicious script into Polymarket’s frontend, affecting multiple users.Blockchain analyst Specter said the malicious script appeared to facilitate a phishing attack that drained an estimated $2.94 million from at least…

Stablecoin infrastructure company StablecoinX has completed its merger with TLGY Acquisition Corp, a publicly traded special purpose acquisition company, allowing it to begin trading on Nasdaq on Friday.StablecoinX is the first public stablecoin infrastructure company focused on supporting the Ethena…

Tether stablecoin USDt has become the second-largest cryptocurrency by market capitalization as Ether fell to its lowest price of the year on FridayEther’s market capitalization dropped below $185 billion following a 5.2% price crash over 24 hours, sending the asset…

A major push to position Nigeria as a key player in the global critical minerals market gained momentum on Thursday as the Africans for Africa Initiative and Steron International Resources Limited signed a strategic agreement aimed at accelerating the development…

Base, the blockchain backed by crypto exchange Coinbase, has returned online after the network suffered nearly a two-hour outage due to a consensus issue that halted block production.Base posted to X on Thursday after the outage that the network’s blocks…

Ether treasury company Sharplink has bought Ether for the first time in eight months as the token sank to its lowest price this year on Thursday.On-chain data from Arkham shows a wallet associated with Sharplink received 5,000 Ether (ETH), worth…