The S token, the native utility asset behind the Sonic blockchain, fell 5% on Friday after Sonic Labs, formerly known as the Fantom Foundation, announced the resignation of three former executives from its board. The S token fell to 0.031 on…

Stakeholders in the built environment have stated that the Lagos-Calabar Coastal Highway has the potential to improve national connectivity, strengthen regional development, support logistics, open economic opportunities, promote tourism, connect coastal markets and reduce spatial isolation. This formed the thrust…

Former Ethereum Foundation contributor Trenton Van Epps warned that Ethereum is facing a core development funding crisis that will highlight the need for new funding sources in the next three to nine months.The former contributor wrote in a blog post…

Former Minister of Communication Technology, Dr Omobola Johnson, will deliver the keynote address at the third Daniel Taiwo Odukoya Memorial Lecture today at The Fountain of Life Church, Ilupeju, Lagos. The renowned technology executive and corporate leader is expected to…

Prediction market Kalshi is reportedly in early, informal talks with investment banks about an initial public offering (IPO), despite increasing regulatory scrutiny over sports betting contracts on these platforms.Kalshi is in early-stage talks to go public via an IPO after…

Key takeaways:Puts (sell) options dominate the June 26 expiry with net advantages of $1B to $3.4B, leaving bulls exposed.Despite Strategy buying BTC again, heavy call (buy) positioning above $72,000 will likely reinforce bearish momentum.$13 billion in Bitcoin (BTC) options open…

Financial services giant Charles Schwab will reportedly enter the prediction markets business by offering customers wagers on the S&P 500.According to a Friday Wall Street Journal report, Charles Schwab is planning to launch options contracts allowing users to place yes-or-no…

Crypto exchange WhiteBIT has obtained authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA) from Austria’s Financial Market Authority, allowing the company to offer regulated crypto services across the European Economic Area through a single license.Under MiCA, crypto companies…

For years, Bitcoin miners were little more than leveraged bets on BTC prices. That’s changing fast. As mining margins tighten and demand for AI computing accelerates, the industry’s biggest players are discovering that access to power and data center infrastructure…

Wisconsin Representative Bryan Steil, who chairs the House subcommittee on digital assets, introduced a law to prevent certain public officials from “wagering on public policy issues and political outcomes,” notably without mentioning lawmakers in the White House.In a Thursday notice,…

The Federal Government has intensified efforts to improve revenue collection and reduce leakages by engaging commercial banks to implement the Revenue Optimisation Assurance Platform (RevOp), a digital system designed to enhance transparency and accountability in public finance management. The initiative…

Bitcoin (BTC) is once again approaching its yearly low near $59,000 after a failed recovery attempt left bulls unable to reclaim key resistance levels. BTC traders are now anticipating new lows for 2026 as the price drifts back toward a…

A stress test that showed both strengths and weaknessesWhen large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal limits or government-backed bailouts.Decentralized finance (DeFi) works…

Italy’s highest court on Thursday acquitted two Milan prosecutors accused of failing to disclose documents that could have strengthened the defence of Italian energy giant Eni in a high-profile international corruption case linked to Nigeria’s OPL 245 oil block. The…

Andrew Tate, founder of the Real World, a company that sells online education courses on trading, lost nearly $100,000 while betting on Bitcoin (BTC) between Wednesday and Thursday.Key takeaways:Tate’s wallet balance drops to $14,000 from $100,000 in a day.The social…