Naija News Feed
Technology
Grayscale’s Dogecoin and XRP ETFs Approved for Launch With Trading Starting on Monday
Grayscale Investments has received official approval from the NYSE Arca for its Grayscale Dogecoin Trust ETF (ticker: GDOG) and Grayscale XRP Trust ETF (ticker: GXRP). Trading for both spot ETFs is scheduled to begin on Monday, November 24, 2025, marking another milestone in the institutional adoption of altcoins. This follows a series of regulatory filings, […] The post Grayscale’s Dogecoin and XRP ETFs Approved for Launch With Trading Starting on Monday appeared first on Tekedia.
Tekedia -
Tom Lee’s BitMine Immersion Announces Profitable 2025, as US Investigates Bitmain Over Rising Energy Consumption
BitMine Immersion Technologies, a leading Ethereum-focused digital asset treasury firm chaired by Wall Street veteran Tom Lee founder of Fundstrat Global Advisors, announced its fiscal year 2025 results. The company reported strong financials despite a challenging crypto market, including net income of $328 million and fully diluted earnings per share (EPS) of $13.39. In a […] The post Tom Lee’s BitMine Immersion Announces Profitable 2025, as US Investigates Bitmain Over Rising Energy Consumption appeared first on Tekedia.
Tekedia -
LeverageShares to Launch Europe’s First 3x Leveraged Bitcoin and Ether ETFs
Asset manager LeverageShares announced plans to debut the world’s first 3x and -3x leveraged exchange-traded products (ETPs/ETFs) tracking Bitcoin (BTC) and Ethereum (ETH) in Europe, with listings expected on Switzerland’s SIX exchange as early as next week. This move marks a significant expansion of leveraged crypto exposure in the region, building on LeverageShares’ existing suite […] The post LeverageShares to Launch Europe’s First 3x Leveraged Bitcoin and Ether ETFs appeared first on Tekedia.
Tekedia -
Ifo Institute Notes That 8% of German Companies Are Currently in “Critical Situation”
A recent survey conducted by the Munich-based Ifo Institute, reveals that approximately 8% of German companies are currently in a ‘critical situation’, where they fear for their very existence. This marks a slight increase from 7.3% in October 2024, indicating growing economic pressures amid Germany’s ongoing recession. 8.1% of firms reported fearing for their survival, […] The post Ifo Institute Notes That 8% of German Companies Are Currently in “Critical Situation” appeared first on Tekedia.
Tekedia -
AI Data Centers Contributions to GDP Growth Outpace U.S. Consumer Spending 
In recent economic analysis. Harvard economist Jason Furman crunched the numbers from U.S. Bureau of Economic Analysis data and found that investments in information-processing equipment and software largely tied to AI data centers made up just 4% of total U.S. GDP in the first half of 2025. Yet, those same investments drove roughly 92% of […] The post AI Data Centers Contributions to GDP Growth Outpace U.S. Consumer Spending  appeared first on Tekedia.
Tekedia -
Chips Are No Longer the Headache But Electricity s to Sustain Data Centers
What started as a frenzy over insatiable demand for AI chips think Nvidia’s meteoric rise on the back of GPU shortages has morphed into acute anxiety over whether the power grids can keep up with the data centers gobbling up those chips. By late 2025, the narrative has flipped: chip supply chains are stabilizing thanks […] The post Chips Are No Longer the Headache But Electricity s to Sustain Data Centers appeared first on Tekedia.
Tekedia -
DOGE May 15x, But Ozak AI’s 100x Path Is What Traders Are Watching
Dogecoin continues to ride a wave of renewed optimism as analysts forecast a potential 15x rally heading into the following bull segment. Trading around $0.1618, DOGE remains one of the most powerful meme coins available on the market thanks to its huge network, liquidity depth, and capability to spark viral market actions. Yet, despite the […] The post DOGE May 15x, But Ozak AI’s 100x Path Is What Traders Are Watching appeared first on Tekedia.
Tekedia -
Coinbase Derivatives Expands 24/7 Futures Trading to Multiple Altcoins
Coinbase’s derivatives arm, regulated by the U.S. Commodity Futures Trading Commission (CFTC), has announced plans to roll out round-the-clock (24/7) trading and “perp-style” futures contracts for a selection of popular altcoins. This expansion builds on their existing 24/7 offerings for Bitcoin (BTC) and Ethereum (ETH) futures, aiming to provide U.S.-based retail and institutional traders with […] The post Coinbase Derivatives Expands 24/7 Futures Trading to Multiple Altcoins appeared first on Tekedia.
Tekedia -
Understanding the “Cascading Use Model” in GPUs
The term “cascading use model” isn’t a widely standardized phrase in GPU literature as of November 2025, but it aptly describes an emerging paradigm in GPU utilization where computational resources are reused and repurposed in a sequential, layered, or “cascading” fashion across different workloads, users, or stages of processing. This model is particularly relevant in […] The post Understanding the “Cascading Use Model” in GPUs appeared first on Tekedia.
Tekedia -
China, America, and the Confusion That Shapes Global Power
Geopolitics, by design, is built on confusion. Nations speak with one voice in public and act with another in private. It is a theatre of strategic ambiguity where what is declared is rarely what is done. And if anyone still doubted this reality, the latest revelation involving the United States and China should settle the […] The post China, America, and the Confusion That Shapes Global Power appeared first on Tekedia.
Tekedia -
Malaysia Reveals $1.1B Loss from Crypto Mining Electricity Theft
Malaysia’s national utility provider, Tenaga Nasional Berhad (TNB), has revealed staggering losses exceeding RM 4.6 billion approximately $1.11 billion USD due to illegal electricity theft by cryptocurrency miners, primarily targeting Bitcoin. This issue spans from 2020 to August 2025 and has prompted a nationwide crackdown involving advanced monitoring and joint enforcement actions. TNB identified 13,827 […] The post Malaysia Reveals $1.1B Loss from Crypto Mining Electricity Theft appeared first on Tekedia.
Tekedia -
A Look into Sky’s $2.5B Major Investment in Crypto Yield Innovation
The Sky ecosystem formerly MakerDAO announced a significant governance decision to allocate up to $2.5 billion in USDS stablecoins to support projects incubated by Obex, a newly launched crypto incubator focused on yield-generating stablecoins. This move is part of Sky’s broader “Endgame” initiative to enhance its decentralized stablecoin protocol by integrating real-world assets (RWAs) and […] The post A Look into Sky’s $2.5B Major Investment in Crypto Yield Innovation appeared first on Tekedia.
Tekedia -
 
 
Transport mobility in Ghana, India, and Nigeria [GIN Therapy Part 2]
In the first instalment of this three-part Series, I ‘weaved’ – literally – a narrative presenting Ghana first, then India, and Nigeria in what I dubbed the “GIN (Ghana, India, Nigeria) Therapy.” In that piece I acknowledged and part-celebrated Ghana’s official Geographic Indication (GI) status for Kente cloth, a protected status granted in 2025. In […] The post Transport mobility in Ghana, India, and Nigeria [GIN Therapy Part 2] appeared first on Tekedia.
Tekedia -
Eli Lilly Becomes First Health-Care Company to Hit $1tn Valuation, Riding a New Era of Weight-Loss Drug Dominance
For decades, the trillion-dollar club has been the province of Silicon Valley giants—names like Apple, Microsoft, and Alphabet that shaped the digital age. But on Friday, a company far from the tech corridors of California briefly muscled its way into that elite circle. Eli Lilly, the 147-year-old drugmaker headquartered in Indianapolis, touched a $1 trillion […] The post Eli Lilly Becomes First Health-Care Company to Hit $1tn Valuation, Riding a New Era of Weight-Loss Drug Dominance appeared first on Tekedia.
Tekedia -
In Mississippi’s ‘Digital Delta,’ Amazon Bets $3bn, Signals a New Front in America’s AI Infrastructure Arms Race
Vicksburg has lived many chapters in Mississippi’s economic story, but the latest one—scripted by a $3 billion Amazon investment—marks a shift from river-town legacy to AI-era frontier. By 2026, the city is set to host one of the tech giant’s newest artificial intelligence data centers, a sprawling complex that state officials are already calling a […] The post In Mississippi’s ‘Digital Delta,’ Amazon Bets $3bn, Signals a New Front in America’s AI Infrastructure Arms Race appeared first on Tekedia.
Tekedia -
China Is U.S.’ Biggest Lender Despite Washington’s Warning to Developing Countries About Beijing’s “Debt Trap”
For the better part of a decade, Washington has sounded a relentless alarm across the Global South, warning developing nations that Beijing’s deep pockets come with a heavy price: a “debt trap” designed to leverage infrastructure loans for geopolitical obedience. Yet, a sweeping new investigation reveals a staggering economic irony. While American diplomats were cautioning […] The post China Is U.S.’ Biggest Lender Despite Washington’s Warning to Developing Countries About Beijing’s “Debt Trap” appeared first on Tekedia.
Tekedia -
US Senate Introduces New Bill Aimed at Social Media Algorithms, To Rewrite Sec 230, Give Users Right to Sue
A new bill introduced on Wednesday by Sen. John Curtis of Utah is set to reopen one of Washington’s most contentious debates: whether social media giants should finally face legal consequences for algorithm-driven recommendations that push users toward harmful content. The proposal, called the Algorithm Accountability Act, would deliver the most consequential rewrite of Section […] The post US Senate Introduces New Bill Aimed at Social Media Algorithms, To Rewrite Sec 230, Give Users Right to Sue appeared first on Tekedia.
Tekedia -
Ripple (XRP) Loses the Spotlight as Little Pepe (LILPEPE) Emerges as the Best Cheap Crypto to Invest in Before 2026
Once a darling of payments-focused investors, XRP is starting to fade from the limelight as a surprising new star emerges: Little Pepe (LILPEPE). Several XRP holders have been noticed selling off their XRP holdings and diverting the funds into LILPEPE at $0.0022, before the expected 1,200% exchange launch surge. XRP’s Struggle: Steady but Slower XRP’s […] The post Ripple (XRP) Loses the Spotlight as Little Pepe (LILPEPE) Emerges as the Best Cheap Crypto to Invest in Before 2026 appeared first on Tekedia.
Tekedia -
Bluworks, Egyptian HR automation startup, raises $1 million for regional expansion
The round was led by Enza Capital, A15, and Beltone Venture Capital, with participation from Acasia Ventures alongside strategic angel investors.
TechCabal -
Bitcoin Slump Reflects Broader Market Risk Aversion, Says Binance CEO
Bitcoin’s sharp retreat this month has become one of the defining stories in global markets, with the world’s most valuable cryptocurrency slipping deeper into a downturn that reflects a wider wave of investor caution. Binance Chief Executive Richard Teng said on Friday that the latest slump is being driven largely by investors unwinding leveraged positions […] The post Bitcoin Slump Reflects Broader Market Risk Aversion, Says Binance CEO appeared first on Tekedia.
Tekedia -
Flip Your SHIB Profits Into Ozak AI—Analysts Say ROI Could Multiply
Meme coin market is heating up again, with Shiba Inu (SHIB) showing renewed strength and attracting traders looking to capitalize on short-term volatility. Trading around $0.000009092, SHIB’s bullish sentiment has returned—but analysts suggest investors might find even greater upside by rotating profits into next-generation AI projects. Ozak AI (OZ), an emerging AI-driven ecosystem, is drawing […] The post Flip Your SHIB Profits Into Ozak AI—Analysts Say ROI Could Multiply appeared first on Tekedia.
Tekedia -
Google Cloud VP Says Company Must Double Compute Capacity Biannually to Keep Pace With AI Services
During an all-hands meeting on November 6, Amin Vahdat, the vice president of Google Cloud responsible for AI infrastructure, laid out a staggering internal mandate: the company must double its compute capacity every six months to keep pace with the voracious demand for artificial intelligence services. In a presentation viewed by CNBC titled “AI Infrastructure,” […] The post Google Cloud VP Says Company Must Double Compute Capacity Biannually to Keep Pace With AI Services appeared first on Tekedia.
Tekedia -
Africa’s industrial future is within reach: What we need now is intentional investment
As the world marks Africa Industrialization Day on 20 November, UNIDO Director General, Gerd Müller reflects on the continent’s progress and the urgent investments needed to drive sustainable, competitive industrial growth. In this op-ed, he outlines why Africa stands at a defining moment—and what must happen next to unlock its full industrial potential. Africa enters 2025 at […]
IT News Africa -
Why the future of power utilities depends on adopting AI now
Onboarding artificial intelligence can secure the future of world’s critical electric systems through improvements in efficiency, innovation and decision-making. Power companies must adapt to thrive, says Hanno Van Niekerk, Market Leader – Sub Saharan Africa, AVEVA The future of power and infrastructure hinges on algorithms, not concrete or cables. Companies that master data-driven decision-making will […]
IT News Africa -
 
 
Robert Kiyosaki Sells $2.25M of His Bitcoin Holdings
Robert Kiyosaki, author of the bestselling Rich Dad Poor Dad, has revealed that he recently sold a portion of his Bitcoin holdings valued at $2.25 million. According to his recent post on X, Kiyosaki disclosed that he originally purchased the coins years ago at about $6,000 each, giving him a substantial gain despite the current […] The post Robert Kiyosaki Sells $2.25M of His Bitcoin Holdings appeared first on Tekedia.
Tekedia -
Nvidia-fueled Rout sweeps Asian chip shares, Sinks SoftBank by over 10%
A punishing wave of selling washed over Asia’s technology sector on Friday, erasing billions in market value as investors reacted to a paradox that has rattled global trading floors: Nvidia, the engine of the artificial intelligence boom, posted a blockbuster earnings beat, and the market hated it. The result was a sea of red across […] The post Nvidia-fueled Rout sweeps Asian chip shares, Sinks SoftBank by over 10% appeared first on Tekedia.
Tekedia -
Morgan Stanley Drops Call for December Fed Rate Cut After Stronger-Than-Expected U.S. Jobs Data
Morgan Stanley has abruptly reversed course on its forecast that the U.S. Federal Reserve would cut interest rates by a quarter-point in December, after September’s labor market report revealed resilience that caught even hawkish strategists off guard. The bank now points to a more cautious Fed stance, shaped by complex economic data and growing political […] The post Morgan Stanley Drops Call for December Fed Rate Cut After Stronger-Than-Expected U.S. Jobs Data appeared first on Tekedia.
Tekedia -
HelloTrade Launch on MegaETH and USDM Pre-Deposits As Scott Bessent Visits A Bitcoin Bar
The team behind BlackRock’s iShares Bitcoin Trust (IBIT) ETF—specifically former BlackRock executives Kevin and Wyatt, who led the engineering for IBIT the fastest ETF to hit $100B in assets—have founded HelloTrade, a platform designed to provide global, frictionless access to leveraged trading in equities, ETFs, commodities, and crypto. Built on MegaETH, an Ethereum Layer 2 […] The post HelloTrade Launch on MegaETH and USDM Pre-Deposits As Scott Bessent Visits A Bitcoin Bar appeared first on Tekedia.
Tekedia -
Bitcoin’s Brutal Flash Crash is A Deleveraging Bloodbath
Bitcoin (BTC) endured a savage intraday plunge, briefly dipping to as low as $80,000 on derivatives platforms like Hyperliquid before stabilizing around $81,000–$82,000. This marked the asset’s steepest 2–4 hour drop since April 2025 lows, erasing all of its 2025 gains and pushing year-to-date performance into negative territory down ~11% overall. The move wiped out […] The post Bitcoin’s Brutal Flash Crash is A Deleveraging Bloodbath appeared first on Tekedia.
Tekedia -
6 Heavily Undervalued Tokens Set to Boom Over the Next 6 Months: Shiba Inu, Cardano, Little Pepe (LILPEPE) Lead
The cryptocurrency landscape often hides explosive opportunities beneath mainstream noise. Over the coming six months, a group of tokens stands out as particularly attractive: Shiba Inu, Cardano, Little Pepe, Brett, Pump.fun, and Flare.  Each brings a distinct narrative, from infrastructure upgrades and burning mechanics to a hyperactive presale and emergent memecoin ecosystems, that together create […] The post 6 Heavily Undervalued Tokens Set to Boom Over the Next 6 Months: Shiba Inu, Cardano, Little Pepe (LILPEPE) Lead appeared first on Tekedia.
Tekedia -
21Shares Launches 2x Leveraged Dogecoin ETF (TXXD)
Crypto asset manager 21Shares announced the launch of the 21Shares 2x Long Dogecoin ETF (ticker: TXXD), providing investors with leveraged exposure to Dogecoin (DOGE) through a regulated U.S.-listed product on Nasdaq. This marks 21Shares’ first leveraged ETF and expands its U.S. lineup to 16 crypto exchange-traded products (ETPs) globally. The debut coincides with the finalization […] The post 21Shares Launches 2x Leveraged Dogecoin ETF (TXXD) appeared first on Tekedia.
Tekedia -
Foxconn Says $1.4bn Nvidia-Backed Supercomputing Center to Be Ready H1 2026
Foxconn said on Friday that the $1.4 billion supercomputing center it is building with Nvidia will be ready in the first half of 2026, signaling its tightening grip on the AI hardware world. When completed, it will stand as Taiwan’s largest advanced GPU cluster, underscoring just how fast the AI race is turning into a […] The post Foxconn Says $1.4bn Nvidia-Backed Supercomputing Center to Be Ready H1 2026 appeared first on Tekedia.
Tekedia -
Nigeria Orders Immediate Shutdown of 41 Unity Schools as Fresh Waves of Abductions Reignite National Fear
The Nigerian government has ordered principals of 41 Federal Unity Colleges to shut down the schools immediately. The directive, dated November 21, 2025, came from the Federal Ministry of Education and carried the approval of Education Minister Tunji Alausa. With the country once again reeling from a resurgence of school attacks, the circular said the […] The post Nigeria Orders Immediate Shutdown of 41 Unity Schools as Fresh Waves of Abductions Reignite National Fear appeared first on Tekedia.
Tekedia -
As AI Gold Rush Accelerates, Wall Street Warns of Cracks Beneath the Frenzy
The AI boom has turned global markets into a kind of high-voltage arena where money, hype, and fear increasingly share the same stage. That was the mood in New York this week as two veteran finance executives described a financial system hurtling into an AI-driven future without fully accounting for the risks forming beneath its […] The post As AI Gold Rush Accelerates, Wall Street Warns of Cracks Beneath the Frenzy appeared first on Tekedia.
Tekedia -
Congressman Warren Davidson Introduced the Bitcoin for America Act
U.S. Representative Warren Davidson (R-OH) introduced the Bitcoin for America Act in the House of Representatives. This legislation aims to modernize federal tax payments by allowing individuals and businesses to settle their tax obligations directly with Bitcoin (BTC). Crucially, it would eliminate capital gains taxes on these transactions—treating BTC payments like foreign currency transfers—and direct […] The post Congressman Warren Davidson Introduced the Bitcoin for America Act appeared first on Tekedia.
Tekedia -
Revamping Legacy Factories: Smart PLC Upgrades on a Budget
Executive summary: Aging PLC-based control systems increase downtime risk and hide operational data, yet complete replacements are often unaffordable. A phased, risk-prioritized modernization—targeting CPUs, communication modules and selected I/O—combined with careful sourcing of refurbished or surplus parts can extend asset life, enable IIoT connectivity, and deliver measurable ROI without a large capital outlay. Introduction: the “Legacy” […] The post Revamping Legacy Factories: Smart PLC Upgrades on a Budget appeared first on Tekedia.
Tekedia -