In today's edition: Mpact’s paper mill is shutting down || An e-commerce play for SA’s Post Office || Kenya’s traffic cop

The U.S. dollar strengthened sharply on Monday as surging oil prices and fears of a prolonged Middle East conflict pushed investors toward safe-haven assets, underscoring growing anxiety about the potential impact of energy disruptions on global inflation and economic growth. Currency markets moved quickly as traders reassessed geopolitical risk. The euro fell about 0.5% against […] The post Dollar Surges as Middle East War Drives Oil Shock and Global Market Turbulence appeared first on Tekedia.

The S&P 500 often tracked via $SPY has posted consecutive closes below its 100-day moving average for the first time in approximately 10 months. This development was highlighted by sources like Barchart around early March 2026, noting consecutive closes below the 100-day MA — the first such occurrence since May (likely May 2025, making it […] The post S&P 500 Via $SPY Posted Consecutive Closes Below its 100-day Moving Average  appeared first on Tekedia.

Polymarket, the leading decentralized prediction market platform, is reportedly in early-stage discussions with investors about a potential fundraising round that could value the company at approximately $20 billion. This target comes from recent reports, primarily from The Wall Street Journal indicating that both Polymarket and its rival Kalshi are exploring capital raises at roughly this […] The post Polymarket Reportedly in Early-stage Discussions with Investors about a Potential Fundraising appeared first on Tekedia.

The CNN Fear & Greed Index for the US stock market stands at 26, which falls in the Fear category typically 25–44, but it’s teetering right on the edge of Extreme Fear (0–24). The index has been declining recently: it was around 33 one week ago and 51 (Neutral) one month ago. This low reading […] The post CNN Fear & Greed Index for US Stock Market Stands at 26 appeared first on Tekedia.

KAST, a Singapore-based stablecoin payments fintech startup often described as a neobank-style platform built on stablecoins, has announced raising $80 million in a Series A funding round. This round, co-led by QED Investors and Left Lane Capital, values the company at approximately $600 million post-money. The funding comes just over a year after KAST’s launch […] The post KAST Secures $80M in Series A Funding to Deepen Stablecoin Drive appeared first on Tekedia.

Coinbase has launched regulated futures trading in Europe. The company announced and began rolling out futures contracts on its Coinbase Advanced platform for eligible users in 26 European countries including major markets like Germany, France, and the Netherlands. This marks the first time European retail traders can access fully regulated crypto futures directly on Coinbase. […] The post Coinbase Launches Regulated Futures Trading in Europe  appeared first on Tekedia.

US equities are showing notable weakness in premarket trading on March 9, 2026, with major index futures down over 1%. This aligns with a broader global selloff, heavily driven by surging oil prices amid the ongoing US-Iran war now in its second week or so, which has disrupted supply chains and pushed crude toward or […] The post US Equities are Showing Notable Weakness in Premarket Trading appeared first on Tekedia.

The UK Government’s Sovereign AI Unit is a major initiative, backed by up to £500 million in funding to invest in and scale British AI capabilities. It was first announced in late 2025 as part of broader AI strategies, including the AI Opportunities Action Plan, and is designed to support UK-based startups and scale-ups in […] The post UK’s Sovereign AI Unit Supports Sovereign Compute Capacity and Domestic AI Infrastructure appeared first on Tekedia.

Nasdaq has partnered with Payward, the parent company of the cryptocurrency exchange Kraken to develop infrastructure for tokenized equities, aiming to enable 24/7 trading of blockchain-based versions of publicly listed stocks and ETFs. Nasdaq is advancing its plan; proposed to the SEC in September 2025 to allow tokenized versions of its listed stocks and exchange-traded […] The post Nasdaq Partners Payward/Kraken to Accelerate Tokenization Era Where Equities Become Programmable, Borderless and Always Accessible  appeared first on Tekedia.

ByteDance, the parent company of TikTok has open-sourced a powerful AI system called DeerFlow, short for Deep Exploration and Efficient Research Flow, often described as a “SuperAgent harness.” It was released around late February 2026 and quickly exploded in popularity, hitting the top of GitHub Trending with tens of thousands of stars. This isn’t just […] The post ByteDance Open-sources a Powerful AI System, DeerFlow appeared first on Tekedia.

The United States Department of the Treasury has recently acknowledged in an official report that cryptocurrency mixers can have legitimate uses for preserving financial privacy on public blockchains. This comes from a March 2026 report to Congress titled “Innovative Technologies to Counter Illicit Finance Involving Digital Assets” (submitted under the GENIUS Act framework). The report […] The post US Department of Treasury Acknowledges Crypto Mixers can have Legitimate Uses for Preserving Financial Privacy  appeared first on Tekedia.

According to data reported by the German Press Agency (dpa) and confirmed by federal police, out of the total planned deportation attempts last year: 22,787 deportations were successfully carried out. 32,855 attempts failed before the individuals were handed over to federal police officials responsible for repatriation typically at airports. This means approximately 60% of attempts […] The post A Look At German Press Agency (dpa)’s Report on Deportations in Germany  appeared first on Tekedia.

Bitcoin has crossed the 20,000,000 BTC mined milestone with circulating supply now at approximately 19,999,xxx BTC and continuing to tick up daily, marking a key psychological and economic threshold. This means over 95% of the protocol’s hard-capped 21 million total supply is already in existence—achieved roughly 17 years after the genesis block in 2009. The […] The post Bitcoin Has Crossed the 20,000,000 BTC Mined Milestone  appeared first on Tekedia.

AI data center startup Nscale has raised $2 billion in a Series C funding round at a $14.6 billion valuation, positioning the company as a pivotal player in the surging AI infrastructure market. The funding underscores investor confidence in Nscale’s strategy to build vertically integrated AI data centers capable of supporting the massive computational demands […] The post AI Data Center Startup, Nscale, Secures $2bn Series C Backed By Nvidia appeared first on Tekedia.

Learning to Code in 2026: The Honest Guide Nobody Else Will Give You AI has rewritten the rules of learning to code. Here is what that actually means for you in… TechCity

Oil markets jolted global financial assets on Monday as a sharp escalation in the Middle East conflict sent crude prices surging and forced governments and investors to reassess the economic fallout from a potential supply shock. Brent crude briefly climbed to $119.50 a barrel while U.S. West Texas Intermediate touched $119.48, marking the strongest intraday […] The post Oil’s 25% Surge Ripples Across Global Markets, Gold Fell More Than 2% appeared first on Tekedia.

Global financial markets tumbled on Monday, as the escalating U.S.-Iran conflict intensifies, fueling fears of prolonged energy supply disruptions, surging living costs, and delayed interest-rate cuts by central banks worldwide. Crude oil prices soared nearly 30% at one point — one of the largest one-day jumps on record — before settling at elevated levels, reflecting […] The post Global Markets Plunge as Middle East Conflict Intensifies, Oil Surges Past $104, and Strait of Hormuz Closure Triggers Supply Shock Fears appeared first on Tekedia.

Consumer inflation in China climbed to its highest level in more than three years in February, supported by a surge in holiday travel and spending during the Lunar New Year period, even as persistent deflation in the industrial sector underscored the fragile state of the world’s second-largest economy. Data released Monday by the National Bureau […] The post China Inflation Hits Three-Year High on Lunar New Year Boost, Factory Deflation Signals Fragile Recovery appeared first on Tekedia.

Strategy, the Virginia-based software company, in a bold continuation of its long-standing Bitcoin accumulation strategy, has added a substantial 17,994 BTC to its reserves. The acquisition, announced by Executive Chairman Michael Saylor on March 9, 2026, cost approximately $1.28 billion at an average price of $70,946 per bitcoin. Saylor gave his usual Sunday hint at […] The post Strategy Bolsters Bitcoin Treasury With $1.28 Billion Purchase, Now Holds 738,731 BTC appeared first on Tekedia.

The crypto world is full of massive promises. Every single week, a new “game-changer” claims it will rewrite the rules, yet most of that noise results in nothing. But every once in a while, the raw data slices through the marketing hype to reveal a story that even the biggest skeptics can’t ignore. BlockDAG’s massive […] The post Massive Demand! BlockDAG’s Global Launch Confirms It as the Next Big Crypto for 100x Gains appeared first on Tekedia.

Walking into a live casino feels like stepping onto a stage — the dealer shuffles cards, the wheel spins, chips clink on the felt. Yet behind this familiar theatre hums a maze of algorithms, keeping the show fair dinkum, secure and buzzing along without a hitch. Artificial intelligence has steadily worked its way into the […] The post AI Monitors Every Aspect of Live Dealer Games appeared first on Tekedia.

South African payment orchestration platform NjiaPay has raised $2.1 million in seed funding led by European B2B SaaS investor Newion Partners, the company announced on March 9, 2026. NjiaPay was spun out of South African international calling startup Talk360 as an independent entity in December 2024, according to the company. The company previously raised $1 […] The post Payment Platform NjiaPay Raises $2.1 Million Seed Funding appeared first on Tech In Africa.

Forty startups across Africa raised more than $272 million in funding in February 2026 through deals worth at least $100,000, according to data from Africa: The Big Deal. Monthly Comparison The February total represents an increase from $174 million raised in January 2026, according to the data tracker. The figure is slightly above the $254 […] The post African Startups Raised $272 Million in February 2026 appeared first on Tech In Africa.

Canal+ announced on March 5, 2026, that it will close Showmax, the streaming platform operated by its subsidiary MultiChoice, following a strategic review of digital activities in Africa. In October 2025, Canal+ finalized the acquisition of MultiChoice for approximately $2 billion after securing regulatory approval from South African authorities, according to the company. Various sources […] The post Canal+ to Shut Down Showmax Streaming Platform appeared first on Tech In Africa.

Satgana, a venture capital firm that invests $570,000 each in African and European climate tech startups, is raising two new funds—one for each continent.

South African fintech startup Orca Fraud has announced the raise of $2.35 million in seed funding to expand its real-time transaction monitoring and fraud intelligence capabilities across Africa and other emerging markets. The funding round was led by returning investor Norrsken22, with additional participation from OneDayYes, Enza Capital, and CV VC Africa. The investment will […] The post South African Fintech Orca Fraud Secures $2.35M Funding to Expand Real-Time Fraud Intelligence Across Emerging Markets appeared first on Tekedia.

Billionaire investor Jim Mellon, executive chairman of Agronomics and author of Moo’s Law: An Investor’s Guide to the New Agrarian Revolution, delivered a sharply contrarian message in a late-February 2026 interview with Business Insider. While many market participants remain optimistic about U.S. equities amid the AI boom, Mellon sees “way overpriced” valuations, warning signals in […] The post Jim Mellon: Bearish on U.S. Stocks, Bullish on Gold & Energy, and Determined to Revolutionize Global Food Systems appeared first on Tekedia.

U.S. government bond yields moved higher on Monday as a sharp spike in crude oil prices unsettled financial markets, reviving concerns that a new energy shock could derail the recent cooling of inflation and complicate the policy path for the Federal Reserve. The benchmark 10-year U.S. Treasury yield rose more than four basis points to […] The post U.S. Treasury Yields Climb as Oil Surge Rekindles Inflation Risks and Complicates Rate Outlook appeared first on Tekedia.

For years, the default career advice in the United States was simple: go to college, earn a degree, and enter the professional workforce. That formula is now being reconsidered by a growing number of young Americans who see a different reality emerging — one where artificial intelligence threatens entry-level office jobs while skilled trades struggle […] The post AI Anxiety and Rising College Costs Push Young Americans Toward Skilled Trades appeared first on Tekedia.

OpenAI hardware lead Caitlin Kalinowski has resigned from the company following concerns over its recently announced agreement with the United States Department of Defense to supply artificial intelligence systems for classified use cases. The deal, which was disclosed last week, quickly sparked public debate about the role of private AI firms in military operations. According […] The post OpenAI Hardware Lead Caitlin Kalinowski Resigns Over Controversial Pentagon AI Deal appeared first on Tekedia.

Saudi Arabia’s stock market extended its rally into a fifth consecutive session on Sunday, supported by strong gains in energy stocks as surging oil prices boosted investor confidence in the kingdom’s energy-heavy market. The benchmark Tadawul All Share Index rose 2.1%, with every constituent stock posting gains during the session. The rally was led by […] The post Saudi Stocks Extend Rally as Oil Surge Shields Energy Giants Amid Escalating Middle East War appeared first on Tekedia.

The financial trail behind the Showmax experiment tells the story: between 2023 and 2025, it generated $204.29 million in revenue but recorded more than $523.53 million in operating losses, while committing hundreds of millions more to rebuild its technology and content library. The platform lost $2.50 for every $1 it generated in revenue during that period

FNB is proud to announce that it is on track to launch Smart ID Card application services, following successful testing. The service will soon be made available to the public, marking a significant milestone in FNB’s longstanding collaboration with the Department of Home Affairs (DHA). This expansion follows the DHA’s announcement earlier this year of […]

Budget Smartphones March 2026: We Tested 5 Under $200. Here’s the Honest Truth. Disclosure: This article contains affiliate links. If you buy through our links, TechCity may earn a small commission… TechCity

In South Africa, e-hailing drivers are more than just service providers; they are independent business owners supporting families and connecting millions of people to jobs, healthcare, and education. Uber South Africa hosted its flagship Driver Appreciation Event, themed “The Heart of the City,” which honored the top earners across the country, including the Driver of the […]