Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
US-listed spot Bitcoin exchange-traded funds recorded their largest 30-day net outflow since launching in January 2024 amid a crypto bear market. According to data from Galaxy Research, US Bitcoin ETFs saw $6.35 billion in net outflows over a trailing 30…
One of the most successful MEV bots in crypto, Jaredfromsubway.eth, has been drained for more than $7.5 million, with an attacker exploiting the bot’s automated systems, the same ones that have netted it hundreds of millions over the years. According to…
Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return.Key takeaways:Bitcoin-to-altcoin rotation trend has collapsed to its weakest level since 2021.Altcoin capital…
In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets (MiCA) legislative framework. Some have already dubbed…
Non-fungible token (NFT) project Pudgy Penguins has expanded the retail reach of its trading card game through a nationwide rollout at Target stores in the United States. According to a press release sent to Cointelegraph, the launch of Vibes Series 3…
The Philippine Securities and Exchange Commission (SEC) has signaled that the country is ready to accommodate the tokenization of real-world assets (RWAs), with Commissioner Rogelio Quevedo saying he believes the necessary legal and regulatory foundations are in place. Speaking onstage at…
PFI NPK Limited, a wholly owned subsidiary of the Ministry of Finance Incorporated (MOFI) and the implementation vehicle for Nigeria’s Presidential Fertiliser Initiative (PFI), says Nigeria has secured sufficient fertiliser supplies for the 2026 wet farming season. In a statement…
The Dangote Petroleum Refinery has reduced its gantry price for aviation turbine kerosene (ATK), commonly known as jet fuel, to N1,450 per litre. A source at the refinery confirmed the development on Friday, saying the price was reduced from N1,550…
EIB Global, the development branch of the European Investment Bank, has announced a €170m financial partnership with the Lagos State Waterways Authority to develop sustainable and efficient water transport in Lagos. The partnership, which is the first collaboration between LASWA…
Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency pleaded guilty in connection with the armed robbery. Isiah Angelo Garcia and Raymond Christian Garcia, on Thursday, entered guilty pleas for Interference with…
The Federal Government has engaged the banking community on the Revenue Optimisation Assurance Platform, a digital revenue collection system aimed at improving revenue generation, blocking leakages and enhancing transparency in public finance management. Speaking at a sensitisation workshop organised by…
As the easing of tensions between the United States and Iran continues, the Petroleum Products Retail Outlets Owners Association of Nigeria has called on refiners, depot owners and petroleum products importers to reduce their ex-depot and retail pump prices in…
The Nigeria FMCG Industry Report 2026, published by Omni, has revealed that only 18 per cent of retailers in the country have accessed formal loans, underscoring the scale of financial exclusion in the fast-moving consumer goods sector. The report, which…
Global asset manager Franklin Templeton has filed for two exchange-traded funds (ETFs) designed to convert dividend income from US stocks into Bitcoin exposure, according to a June 18 filing with the US Securities and Exchange Commission (SEC).The proposed Franklin US…
Economists have attributed Nigeria’s strong revenue performance in the first five months of 2026 to the impact of recent tax reforms, improved revenue administration and stronger earnings from the oil sector, following government collections of N15.8tn during the period. According…
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