JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest.The “OnChain Liquidity-Token Money Market Fund,” ticker JLTXX, will invest in US…

A Bitcoin (BTC) whale is now down about $13 million as BTC price has rebounded by around 40% from its February lows. However, the trader continues to stand by the short position.Key takeaways:A trader known as “pension-usdt.eth” is short 1,000…

President Bola Tinubu, on Tuesday, led Nigeria’s government, diplomatic, and business delegation to the Africa Forward Summit at the Kenyatta Convention Centre in Nairobi, Kenya, advocating for stronger economic integration that prioritises Africa’s growth and prosperity. The Africa/France summit, co-hosted…

The outgoing 13th President and Council Chairman of the Chartered Institute of Stockbrokers, Oluropo Dada, an experienced investment expert, discusses key trends in Nigeria’s capital market and economy in this interview with JIDE AJIA What is your assessment of the…

FalconX has expanded its tokenized structured credit facility to the Monad network, allowing institutional credit vault deposits to be used as collateral in decentralized finance protocols such as Morpho. Tokenization takes traditional credit facilities and represents them as digital tokens on…

Eterna Plc has held its 33rd Annual General Meeting, where shareholders approved the company’s audited financial statements for the year ended December 31, 2025, alongside other resolutions presented by the board. A statement from the firm on Tuesday stated that…

Key takeaways:ETH derivatives metrics show professional traders are holding steady and haven’t flipped bearish despite recent DeFi exploits.Ethereum’s 53% Total Value Locked market share and institutional ETF demand continue to provide support near $2,200.Ether price rally stalls, but ETH futures…

Dangote Industries Limited is partnering with the Niger State Government to accelerate industrialisation, attract investment, and expand economic opportunities in the state. According to a statement by the Group Chief Branding and Communication Officer, Anthony Chiejina, the company is collaborating…

The government of Bermuda announced that it will begin moving payment and financial-services activities to the Stellar network as part of its plans to be a “fully on-chain national economy.”Speaking at the Bermuda Digital Finance Forum on Tuesday, Premier David…

The recently released text of the Digital Asset Market Clarity Act (CLARITY) in the US Senate Banking Committee is raising some eyebrows among experts before a scheduled Thursday markup for provisions on housing and the lack of ethics language.On Monday,…

The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week.In a 51 to 45 vote in the US Senate on…

Monaco, May 12, 2026 — Following the resounding success of its 2025 edition, WAIB Summit Monaco proudly announces its return on June 9–10, 2026, at the prestigious One Monte-Carlo, located in the heart of Monaco’s iconic Casino Square.Recognized as one of…

The Depository Trust & Clearing Corporation (DTCC) will integrate Chainlink infrastructure into its collateral management platform ahead of a planned fourth-quarter 2026 launch as it aims to support near real-time movement, valuation and settlement of tokenized collateral across financial markets…

The Federal Competition and Consumer Protection Commission (FCCPC) has backed recent moves by the Lagos State Electricity Regulatory Commission (LASERC) to curb estimated electricity billing and strengthen consumer protection within the state’s power sector. In a statement issued on Tuesday,…

XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several…