nft news

PayPay Redefines Financial Transactions with Strategic Stake in Binance Japan
Japan’s digital payment giant, PayPay, has acquired a 40% stake in Binance Japan, marking a significant collaboration announced on October 9, 2025. This partnership aims to merge PayPay’s net
Netflix set to bid $5.9bn for UEFA Champions League broadcast rights
Video streaming giant Netflix is set to gain exclusive rights to stream UEFA Champions League matches starting from the 2027 season. This comes as the football body prepares for a revamp of t
Traditional Finance Embraces "Debasement Trade" Amid Currency Devaluation
Key Points: Arthur Hayes highlights TradFi's adoption of "debasement trade." Bitcoin outperformed gold in the currency devaluation period. Institutional adoption of BTC sees significant growt
3 Three Reasons Crypto Investors Should Brace for a Record-Breaking Quarter
Bitwise Chief Investment Officer Matt Hougan predicted a strong finish to 2025 for Bitcoin exchange-traded funds (ETFs) and said that Q4 inflows could reach record levels. In a note to invest
Polymarket Secures $2 Billion ICE Investment, Hits $9 Billion Valuation
Key Points: Polymarket's $2 billion investment by ICE raises valuation to $9 billion. CEO Shayne Coplan announced prior undisclosed investments totaling $205 million. The institution's involv
Federal Reserve Maintains Interest Rate, No Cut Implemented
Key Points: The Federal Reserve kept interest rates unchanged, maintaining the current target range. No change in policy impacts markets. Stable rates ensure consistent market behavior. The F
Google launches 1-Year free AI Pro access for Nigerian university students
Google now allows university students in Nigeria to access its premium AI Pro plan for free over the next 12 months. This promotion, which began this week, is available to eligible students o
Ethena and Jupiter Initiate JupUSD Stablecoin Migration
Key Points: Jupiter partners with Ethena to launch JupUSD stablecoin on Solana. $750 million USDC moving to JupUSD. JupUSD targets Jupiter's DeFi ecosystem stability. Ethena and Jupiter Excha
“We found out that Opay operates from China”- Lawmakers flag gaps in Nigeria’s fintech regulation
A National Assembly investigation into Nigeria’s fintech sector has raised serious questions about Know Your Customer (KYC) compliance, ownership transparency, and how regulatory agencies tra
Bitcoin Surges as Fed Minutes Hint at Further Rate Cuts
Just before the release of the Fed minutes, Bitcoin’s price rose significantly with two large hourly green candles, suggesting a renewed investor confidence. As Bitcoin rallied, many altcoins
Romance scam: Nigerian arrested in Argentina for defrauding thousands of women
A Nigerian national, identified as Ikechukwu N., had been arrested by Argentine authorities after he allegedly led multiple online romance scams targeting thousands of women across several co
Inside the certificate forgery scandal that put Nigeria’s technology minister out of job
The resignation of Uche Nnaji from his position as Minister of Innovation, Science, and Technology, over allegations of certificate forgery, has generated mixed reactions. The development, ho
Kano State’s 380 marshals against phone theft is a misplaced priority
Amidst the prevalence of phone snatching and heightened insecurity across Kano State, the government has deployed 380 security marshals. As the most populous state in Nigeria with an estimate
US Tariffs Shake Global Trade Dynamics
The impact of U.S. tariffs has significantly influenced both the national economy and the global trade system. This development marks a pivotal moment as Trump relies on these tariffs to faci
South African telematic startup Ctrack raises $23.4m in equity funding to drive growth
South Africa-based telematics startup Ctrack Holdings has raised $23.4 million in equity funding led by Sanari Capital and 27four Investment Managers. The funding will be used to accelerate i
“AI depends on data, and data depends on trust”- African experts at Data Privacy Roundtable
The Africa Data Privacy Roundtable began in Lagos on Monday, October 6, with a clear message from organisers and speakers. Africa cannot build a strong digital future without trust, privacy,
Bank of England Warns of AI-Driven Market Correction Risk
Key Points: Bank of England warns of AI valuation risks and possible market correction. Potential for sudden pullback in financial markets. AI firms fear swift correction if market sentiment
Eko Disco: All you need to know about the birth of Excel Electricity Distribution in Lagos
Eko Electricity Distribution Company Plc (Eko Disco) announced that it has officially registered Excel Electricity Distribution Limited as a 100% subsidiary to manage its electricity distribu
Alchemy Joins RootData's 2025 Top 100 Web3 Projects List
Key Points: Alchemy named in RootData 2025 Top 100 at Silicon Valley summit. Recognition boosts its developer platform visibility and industry influence. Potential increased attention from VC
“Verification compliance is not an obstacle” – CBN tells innovators at Nigeria Fintech Week
The first day of Nigeria Fintech Week 2025 opened in a flurry of energy and expectation. The city’s innovators, policymakers, and investors filled the hall with a shared sense of urgency abou
Social Media Buzz Sparks Massive Surge in Memecoins
The interest in memecoins within the BNB ecosystem has significantly reignited. Following posts from Binance‘s co-founder and former CEO Changpeng Zhao on his social media account, memecoins