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Technology
Bitcoin’s Institutional Holders Face a Stress Test as BloFin Research Predicts Shallower Future Crashes
Bitcoin’s growing institutional ownership is facing a significant test as market volatility challenges the conviction of major investors. Edward Wu of BloFin Research believes the increasing presence of institutional holders could fundamentally change how Bitcoin responds to future market downturns, potentially making subsequent crashes less severe than those experienced in previous cycles. Bitcoin has historically […] The post Bitcoin’s Institutional Holders Face a Stress Test as BloFin Research Predicts Shallower Future Crashes appeared first on Tekedia.
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African Startups Raise $183 Million in October as Morocco and Tanzania Lead Funding Surge
African startups raised a combined $183 million in October 2026, with Morocco and Tanzania emerging as major funding destinations, signalling a shift in investment activity beyond the continent’s traditional Big Four markets. According to report by Africa: The Big Deal, 34 African startups secured investments of at least $100,000 during the month, excluding exits. The […] The post African Startups Raise $183 Million in October as Morocco and Tanzania Lead Funding Surge appeared first on Tekedia.
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Google Named Its New AI After a Gas That Does Nothing. Here’s Why That Makes Sense
Argon is the gas that sits quietly in the air you breathe. It doesn’t burn, it doesn’t react, and nobody writes songs about it. So when Google called its newest AI model Gemini 4 Argon, plenty of people raised an eyebrow. I get the joke. But after spending time with the coverage, the benchmarks, and […] The post Google Named Its New AI After a Gas That Does Nothing. Here’s Why That Makes Sense appeared first on Tekedia.
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Moniepoint FG Relief Fund USSD Code: Quick and Easy Guide
Learn how to use the Moniepoint FG relief fund ussd code to check your eligibility for the Nigeria FG ₦50,000 relief fund and how to get the 50k FG grant.
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The 2023 Chinese rule that may have stalled OPay’s US listing
OPay's October 9 Initial Public Offering (IPO) prospectus suggested that the company did not expect to require approval from Chinese regulators to list on the New York Stock Exchange. But a last-minute regulatory inquiry from China, shortly before its planned $304 million public offering, has raised questions about whether the fintech company underestimated its exposure to Beijing's securities rules.
TechCabal -
S&P 500 Valuation Signal Historically Linked to Recessions Raises Warning as AI Optimism Faces a Test
A sharp decline in the S&P 500’s forward price-to-earnings ratio is raising concerns about the durability of the stock market rally, with Ned Davis Research warning that a valuation signal historically associated with recessions and bear markets has emerged at a time of growing uncertainty over artificial intelligence spending. The research firm said in a […] The post S&P 500 Valuation Signal Historically Linked to Recessions Raises Warning as AI Optimism Faces a Test appeared first on Tekedia.
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Amazon Replaces Grubhub With Uber Eats as Prime Members’ Restaurant Delivery Partner
Amazon has selected Uber Eats as its official restaurant delivery partner for Prime members in the United States, ending a commercial arrangement with Grubhub and expanding a relationship that already covers several technology and mobility services. Under the partnership announced on Thursday, Amazon Prime members will be able to order meals from Uber Eats directly […] The post Amazon Replaces Grubhub With Uber Eats as Prime Members’ Restaurant Delivery Partner appeared first on Tekedia.
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Sequoia Capital Raises $10bn as It Closes London Office, Shuts Accelerator and Restructures Operations
Sequoia Capital has raised approximately $10 billion in new funds while announcing a sweeping organizational restructuring that will close its London office, discontinue two founder investment programmes and merge its early-stage and growth investment teams. The changes, outlined in a memo titled “The Sequoia of Tomorrow” posted on X on Wednesday, mark a shift away […] The post Sequoia Capital Raises $10bn as It Closes London Office, Shuts Accelerator and Restructures Operations appeared first on Tekedia.
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Somalia’s Internal Instability and Regional Rivalries Threaten to Deepen Conflict in the Horn of Africa
Somalia is facing an increasingly complicated security and political crisis as domestic instability intersects with intensifying regional rivalries. Decades of conflict, weak institutions, militant violence and political fragmentation have left the country vulnerable to external interference. Now, competition among neighbouring countries and influential regional powers threatens to turn Somalia’s internal challenges into a broader geopolitical […] The post Somalia’s Internal Instability and Regional Rivalries Threaten to Deepen Conflict in the Horn of Africa appeared first on Tekedia.
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US Regulators Check Banks for Cybersecurity Weaknesses After $6.3 Billion Binance Hack
US banking regulators have contacted financial institutions to assess potential cybersecurity vulnerabilities following last week’s reported $6.3 billion hack of cryptocurrency exchange Binance, amid concerns that attacks originating in digital asset markets could spill over into traditional finance. Supervisors from the Federal Reserve and the Office of the Comptroller of the Currency began contacting banks […] The post US Regulators Check Banks for Cybersecurity Weaknesses After $6.3 Billion Binance Hack appeared first on Tekedia.
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AI-powered appliances are coming to Africa. The infrastructure isn’t ready.
A fully connected home still isn’t an everyday purchase anywhere. But with shakier grids and tighter budgets, the gap between premium and mainstream could take longer to close here. 
TechCabal -
After seven years training developers, Web3Bridge is turning to startups
After seven years of training blockchain developers, Web3Bridge is expanding into startup incubation with a paid founder residency programme, as shrinking grants and tighter Web3 funding reshape its business model.
TechCabal -
 
 
North Korea Rejects Talks Following Links to Binance Heist, Calls Accusation “Hostile Policy” by The US
North Korea has declared that it sees no immediate need for talks with the United States, with Kim Yo Jong linking the decision directly to the FBI’s recent attribution of a massive cryptocurrency theft from Binance. In a statement carried by the official Korean Central News Agency, the sister of leader Kim Jong Un described […] The post North Korea Rejects Talks Following Links to Binance Heist, Calls Accusation “Hostile Policy” by The US appeared first on Tekedia.
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US Holds Up SK Hynix China Equipment Licenses, Leaving $45bn New York Chip Investment Hanging
The Trump administration has delayed approval of export licenses that would allow SK Hynix to install American chipmaking equipment at its facility in China, complicating the South Korean company’s plans to expand semiconductor manufacturing in the United States, people familiar with the negotiations told Reuters. SK Hynix is seeking permission to equip its Dalian plant, […] The post US Holds Up SK Hynix China Equipment Licenses, Leaving $45bn New York Chip Investment Hanging appeared first on Tekedia.
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CrowdStrike Launches AI Kill Switch to Shut Down Rogue Agents as Enterprise Adoption Grows
CrowdStrike has introduced a security tool that allows businesses to immediately terminate artificial intelligence agents that behave unexpectedly, as companies seek stronger controls over autonomous systems being deployed across their operations. Chief Executive George Kurtz announced the AI Kill Switch on Tuesday at the company’s Fal.Con Europe conference. The tool enables security teams to stop […] The post CrowdStrike Launches AI Kill Switch to Shut Down Rogue Agents as Enterprise Adoption Grows appeared first on Tekedia.
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Bitcoin Rebounds Around $80,281 After Election Night Selloff as BlackRock Moves $702M in Crypto to Coinbase Prime
Bitcoin has staged a strong recovery following its election-night selloff, climbing above $80,281 according to CoinGecko data after briefly falling to $75,700 as Democrats secured control of Congress. The rebound came amid shifting investor sentiment, aggressive options positioning and renewed attention to institutional cryptocurrency movements, highlighting the market’s sensitivity to political developments and large transactions. […] The post Bitcoin Rebounds Around $80,281 After Election Night Selloff as BlackRock Moves $702M in Crypto to Coinbase Prime appeared first on Tekedia.
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Beijing’s IPO Crackdown Threatens China’s Stock Market Revival After CSI 300 Suffers Worst Month in Over a Decade
China’s efforts to revive its capital markets are facing a new challenge after Beijing reportedly instructed banks to pause initial public offerings (IPOs) and large share sales following a sharp decline in domestic equities. The reported intervention comes after the CSI 300 index recorded an 8.5% loss in October, marking its worst monthly performance in […] The post Beijing’s IPO Crackdown Threatens China’s Stock Market Revival After CSI 300 Suffers Worst Month in Over a Decade appeared first on Tekedia.
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Hyperscalers Gain After Democrats Win Midterm Elections, but Data Center Restrictions Hit Smaller AI Providers
Shares of major US technology companies rallied on Wednesday after Democrats secured control of both chambers of Congress in the midterm elections, easing uncertainty over the political outlook. However, the results also raised concerns about the future of artificial intelligence infrastructure development, as voters rejected restrictions on data centers in several local ballot measures and […] The post Hyperscalers Gain After Democrats Win Midterm Elections, but Data Center Restrictions Hit Smaller AI Providers appeared first on Tekedia.
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Africa must integrate before pursuing a common currency, says Access Bank chair Aig-Imoukhuede
Aigboje Aig-Imoukhuede, chairman of Nigerian tier-1 lender Access Bank Group and financial services holding company Coronation Group, argues that African financial institutions must move beyond financial stability to productive finance, unlock capital tied up in commercial transactions and build banking systems capable of operating across borders.
TechCabal -
Deploy ContiSX Secure Communication System In Your Organization or Government
During the first semester of my PhD Electrical & Computer Engineering at Johns Hopkins University, Baltimore, I took a course on embedded electronics and systems. What I learned in that classroom became the foundation of a company I established in Owerri, Nigeria. At the time, I was fortunate to hold seven academic scholarships and fellowships, […] The post Deploy ContiSX Secure Communication System In Your Organization or Government appeared first on Tekedia.
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Got a ₦50,000 NERSI relief text? Here’s how to tell if it’s real
Got a ₦50,000 NERSI relief text? Here’s how to tell if it’s real The ₦50,000 NERSI relief payment started on 30 October. Here is how the real SMS works, the five providers and codes, and the signs of a fake. TechCity
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Apple will check iCloud files you share with “Anyone with the link” starting in iOS 27.3
Apple will check iCloud files you share with “Anyone with the link” starting in iOS 27.3 From iOS 27.3, Apple will check iCloud content shared with Anyone with the link for harmful content. Here is what changes and how to switch links. TechCity
Tech City NG -
GTA 6 needs up to 212 GB. Here’s how to make room before preload starts Nov. 10
GTA 6 needs up to 212 GB. Here’s how to make room before preload starts Nov. 10 GTA 6 preload starts Nov. 10 and needs up to 212 GB. Here is when it starts on PS5 and Xbox, how long the download takes, and how to free space. TechCity
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How to spot a fake Black Friday site before you pay
How to spot a fake Black Friday site before you pay Fake stores and fake delivery texts follow the Black Friday sales. Here is how to check a store in 60 seconds, and what to do if you already paid. TechCity
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How a car-importing problem became a cross-border payments business
Clea is a cross-border payments platform to serve African businesses importing goods from overseas.
TechCabal -
OPay’s $304 Million NYSE IPO Was Priced, Then Pulled Before a Single Share Traded
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond For African fintech founders watching global market corridors, the boundary between an impending milestone and a sudden… OPay’s $304 Million NYSE IPO Was Priced, Then Pulled Before a Single Share Traded Felix Omondi
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Palantir Q3 2026 Earnings Beat Estimates as Revenue Hits $2.31B and Guidance Rises
Palantir Technologies has delivered another impressive quarterly performance, reporting third-quarter 2026 revenue of $2.31 billion, beating Wall Street expectations and raising its full-year financial guidance as demand for artificial intelligence software continues to accelerate. The results highlight the company’s growing influence in the enterprise AI market, where businesses and government agencies are increasingly investing in […] The post Palantir Q3 2026 Earnings Beat Estimates as Revenue Hits $2.31B and Guidance Rises appeared first on Tekedia.
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Texas Election, Elon Musk’s Space Ambitions and Growing Doubts About the AI Boom
The artificial intelligence boom is facing a new challenge as political resistance, infrastructure concerns and investor anxiety begin to reshape the industry’s future. What once appeared to be an unstoppable race to build bigger data centres is increasingly becoming a debate about electricity, water, financial returns and the communities expected to accommodate these facilities. The […] The post Texas Election, Elon Musk’s Space Ambitions and Growing Doubts About the AI Boom appeared first on Tekedia.
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Block Beats Q3 Revenue Estimates as DOJ Money-Laundering Case Ends in $764 Million Deal
Block, the financial technology company led by Jack Dorsey, delivered a stronger-than-expected third quarter, reporting revenue of $6.72 billion while reaching a major legal agreement with the US Department of Justice. The results offer investors two contrasting developments: continued activity across its payments ecosystem and a costly resolution of a money-laundering investigation. The revenue figure […] The post Block Beats Q3 Revenue Estimates as DOJ Money-Laundering Case Ends in $764 Million Deal appeared first on Tekedia.
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Apple Tightens Insider Trading Policy to Ban Employees From Using Confidential Information on Prediction Markets
Apple has updated its insider trading policy to explicitly prohibit employees from using confidential company information to place bets on prediction markets, highlighting growing concerns about how sensitive corporate information could be exploited through emerging financial platforms. The move reflects the increasing popularity of prediction markets and the challenges companies face in preventing employees from […] The post Apple Tightens Insider Trading Policy to Ban Employees From Using Confidential Information on Prediction Markets appeared first on Tekedia.
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Morgan Stanley Joins Wall Street’s Tokenization Push Through DTCC
Morgan Stanley has joined the first group of financial institutions using the Depository Trust & Clearing Corporation’s new tokenization service, marking Wall Street’s move to bring traditional securities onto blockchain infrastructure. The bank says it has converted U.S. equities and Treasury securities into tokenized form through the platform, which went live on October 28. The […] The post Morgan Stanley Joins Wall Street’s Tokenization Push Through DTCC appeared first on Tekedia.
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CFTC Brings Crypto-Style Perpetual Futures to Traditional Stock Markets
The Commodity Futures Trading Commission (CFTC) has cleared the way for equity perpetual futures contracts to trade on regulated US exchanges for the first time, marking a significant development in the convergence of traditional financial markets and cryptocurrency trading. The decision allows investors to gain exposure to individual stocks through a derivatives product that has […] The post CFTC Brings Crypto-Style Perpetual Futures to Traditional Stock Markets appeared first on Tekedia.
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Cramer Sees New Technology Stock Leaders Emerging as Investors Move Beyond Nvidia and Big Tech
A shift in investor demand may be creating a new group of technology stock leaders, with semiconductor, networking and cloud infrastructure companies gaining attention as some of the industry’s biggest names struggle to sustain their rallies, CNBC’s Jim Cramer said Tuesday. Broadcom and Micron helped support the major US stock market averages during Tuesday’s session, […] The post Cramer Sees New Technology Stock Leaders Emerging as Investors Move Beyond Nvidia and Big Tech appeared first on Tekedia.
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Nigerians In Canada: Managing Investments Across Borders
Canada has become a common next step for Nigerian professionals, students and founders. The move brings a new salary, new bank accounts and a new tax system. It also raises a quieter question: what happens to the money you already invested, and to the money you invest next? The answer gets harder when savings sit […] The post Nigerians In Canada: Managing Investments Across Borders appeared first on Tekedia.
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“Data is the collateral”: Sparkle CEO Uzoma Dozie on fixing Nigeria’s SME lending blind spot
Uzoma Dozie, CEO of Sparkle MFB, says Nigerian banks must rethink collateral requirements and use transaction data and AI to expand lending to small businesses, lower borrowing costs, and improve financial inclusion.
TechCabal -
Safaricom makes more from M-PESA overdrafts as borrower numbers surge
Safaricom generated KES 4.9 billion ($38 million) from M-PESA Fuliza, its overdraft service that lets customers complete transactions when they lack enough money in their wallets.
TechCabal -