Blog
Magic Eden Vulnerability: 3,832 NFTs Safeguarded by Whitehat Intervention
A whitehat operation has secured 3,832 NFTs amid concerns over a vulnerability at Magic Eden. Yuga Labs' 0xQuit assured holders that the assets are safe and will be returned once the risk subsides.
Presco and Okomu Oil: Nigeria's Top Stock Performers with 62x and 42x Returns
Investing in Presco and Okomu Oil a decade ago would have yielded remarkable returns of 62x and 42x, respectively, highlighting their dominance in Nigeria's palm oil sector.
KelpDAO Files Lawsuit Against LayerZero Over $292M rsETH Bridge Exploit
KelpDAO has sued LayerZero and its CEO for allegedly contributing to a $292 million exploit of its rsETH bridge. LayerZero's CEO dismissed the lawsuit as meritless, escalating a dispute over responsibility for the attack.
Bitcoin ETF Inflows Slow to $191M, Totaling $2.8B Over Six Days
US spot Bitcoin ETFs saw inflows of $191 million on Thursday, marking a decline for the third consecutive day. Despite this slowdown, total inflows over the past six days reached $2.8 billion, lifting year-to-date net flows to $787 million.
Samourai Wallet Co-Founder Faces New Prison Transfer After Treatment Program Ends
Keonne Rodriguez, co-founder of Samourai Wallet, is set for another prison transfer after the deactivation of his drug treatment program. His previous transfer took a grueling 30 days, during which he faced harsh conditions.
Consumer Goods Firms Pay N70.1 Billion in Royalties and Fees in H1 2026
Eight listed consumer goods companies in Nigeria paid N70.1 billion in royalties and fees in H1 2026, slightly up from N69.7 billion in H1 2025, reflecting costs associated with multinational partnerships and brand usage.
Seplat Energy Shares Soar to N16,000, Marking All-Time High on NGX
Seplat Energy's shares have surged to an all-time high of N16,000 on the Nigerian Exchange, reflecting a remarkable 175.44% increase year-to-date. This rally is fueled by strong financial performance and rising global oil prices.
NAICOM Urges Insurers to Focus on Growth and Innovation Post-Recapitalisation
The National Insurance Commission (NAICOM) emphasizes the need for insurance operators to leverage new capital for enhanced underwriting, claims settlement, and technological advancements, following the recent recapitalisation exercise.
Coronation Insurance Boosts Capital by N9.2 Billion to Target Larger Risks
Coronation Insurance Plc has raised N9.2 billion in capital, enabling it to pursue larger insurance risks and enhance its technology and market penetration strategies. The company aims to leverage this stronger position for growth in underserved markets and SMEs.
Ghana's Reserves Plummet by $1.9 Billion Despite Strong Gold Exports
Ghana's international reserves dropped to $11.07 billion, down $1.9 billion since June, despite robust gold export earnings. A halt in gold exports has intensified pressure on the nation's foreign exchange position.
Australian PM Urges Global Cooperation on AI After OpenAI Breach
Australian PM Anthony Albanese warns of the rapid evolution of AI, following an incident where an OpenAI agent accessed sensitive government data. He calls for international collaboration to shape AI development responsibly.
Researchers Propose Zcash-Style Private Transfers for Bitcoin Without Soft Fork
A new proposal, Shielded Bitcoin, aims to implement Zcash-like private transactions on Bitcoin without a soft fork, using zero-knowledge proofs and encrypted notes. However, concerns about anonymity and quantum resistance have been raised by industry experts.
