Naija News Feed
Technology
Ethereum Sees Major Whale Activity as Arthur Hayes Adds Another $1.25 Million in ETH
Arthur Hayes, the co-founder of BitMEX and one of the cryptocurrency industry’s most closely watched investors, has once again signaled confidence in Ethereum through another significant purchase. According to blockchain analytics platform Lookonchain, Hayes acquired an additional 644.34 ETH valued at approximately $1.25 million. The latest transaction brings his total Ethereum accumulation over the past […] The post Ethereum Sees Major Whale Activity as Arthur Hayes Adds Another $1.25 Million in ETH appeared first on Tekedia.
Tekedia -
SpaceX Hits New Post-IPO Low as Investors Weigh Growth and Profitability
SpaceX has fallen to a new post-IPO low, underscoring the volatility that often follows one of the most anticipated public listings in modern financial history. After debuting with enormous investor enthusiasm and a valuation that reflected expectations of long-term dominance in the commercial space industry, the company’s shares have come under sustained selling pressure. The […] The post SpaceX Hits New Post-IPO Low as Investors Weigh Growth and Profitability appeared first on Tekedia.
Tekedia -
Why Kazakhstan’s Strategic Digital Mining Rules Matter for Bitcoin and Crypto Markets
Kazakhstan has taken another significant step toward strengthening its position in the global digital asset economy by approving new Strategic Digital Mining rules aimed at expanding the country’s state crypto reserve. The move reflects the government’s growing confidence in cryptocurrencies as a strategic financial asset and highlights its ambition to become a leading hub for […] The post Why Kazakhstan’s Strategic Digital Mining Rules Matter for Bitcoin and Crypto Markets appeared first on Tekedia.
Tekedia -
Trump Declares US Dominance: Leading China by A Lot in AI and Crypto Race
President Donald Trump recently stated that the United States is leading China and other countries by a significant margin in both artificial intelligence and cryptocurrency. In his remarks, Trump emphasized a clear goal: “We want to stay in front in crypto.” He made this statement during the Ratepayer Protection Pledge event on July 23, 2026. […] The post Trump Declares US Dominance: Leading China by A Lot in AI and Crypto Race appeared first on Tekedia.
Tekedia -
Tesla’s Latest Earnings Signal a New Era of AI, Robotics, and Automation
Tesla’s latest quarterly report offers a snapshot of two of the biggest forces shaping global markets today: the gradual decline of corporate Bitcoin holdings as a balance-sheet asset and the relentless acceleration of investment into artificial intelligence. Released alongside earnings from Alphabet, the reports reveal how technology giants are increasingly deriving value from AI infrastructure, […] The post Tesla’s Latest Earnings Signal a New Era of AI, Robotics, and Automation appeared first on Tekedia.
Tekedia -
Strategy Leads Bitcoin Quantum Defense with New Security Consortium
Strategy has announced two significant initiatives that could reshape how investors evaluate its business and how the Bitcoin ecosystem prepares for future technological threats. The company revealed changes to the way it calculates its modified Net Asset Value (mNAV), while also launching the Bitcoin Security Consortium, an industry initiative focused on protecting the Bitcoin network […] The post Strategy Leads Bitcoin Quantum Defense with New Security Consortium appeared first on Tekedia.
Tekedia -
Businesses Lead Bitcoin Accumulation in Q2 2026, as Retail Investors Offload BTC Holdings – Report
In Q2 2026, businesses significantly ramped up their Bitcoin holdings, acquiring approximately 115,000 BTC valued at around $7.4 billion, according to data from Bitcoin financial services firm River. During the same period, individual holders offloaded 78,000 BTC, highlighting a clear shift in ownership from retail investors to corporate balance sheets. One of the most notable […] The post Businesses Lead Bitcoin Accumulation in Q2 2026, as Retail Investors Offload BTC Holdings – Report appeared first on Tekedia.
Tekedia -
Uber Layoffs Signal a New Era of AI-Powered Workforce Automation
Uber has announced one of its most significant workforce restructurings in recent years, cutting approximately 10% of its customer service staff while openly acknowledging that artificial intelligence played a central role in the decision. The move marks a notable shift in how major technology companies are discussing layoffs, as many firms have previously attributed workforce […] The post Uber Layoffs Signal a New Era of AI-Powered Workforce Automation appeared first on Tekedia.
Tekedia -
Lawmakers Face Tougher Rules as House Approves Insider Trading Ban, as Crypto Exchange BitMEX folds
The United States House of Representatives has passed legislation aimed at prohibiting members of Congress from engaging in insider trading, marking a significant step toward strengthening public trust in government. The bill seeks to eliminate the perception that lawmakers can use confidential information gained through their official duties to make profitable investment decisions before the […] The post Lawmakers Face Tougher Rules as House Approves Insider Trading Ban, as Crypto Exchange BitMEX folds appeared first on Tekedia.
Tekedia -
MTN’s Nostalgia Campaign Raises Questions
MTN Nigeria’s campaign inviting customers to exchange old branded memorabilia for prizes has generated widespread enthusiasm online, but the response has also highlighted growing concerns over transparency, accessibility and the practical cost of participation. The telecommunications company recently encouraged customers to contribute historical MTN items to a “Memory Wall”, asking people to submit memorabilia such […] The post MTN’s Nostalgia Campaign Raises Questions appeared first on Tekedia.
Tekedia -
OpenAI Expands ChatGPT Health to All Adult U.S. Users as AI Medical Advice Faces Fresh Legal Scrutiny
OpenAI has expanded its ChatGPT Health feature to all logged-in U.S. users aged 18 and older across its Free, Go, Plus and Pro subscription tiers, broadening its push into consumer healthcare even as the company faces mounting legal and regulatory scrutiny over AI-generated medical advice. The rollout, available on the web and iOS, comes just […] The post OpenAI Expands ChatGPT Health to All Adult U.S. Users as AI Medical Advice Faces Fresh Legal Scrutiny appeared first on Tekedia.
Tekedia -
Kenya finalises crypto licencing framework for exchanges, digital asset firms
TechCabal -
 
 
Why Vodacom is taking its AI talent search back to university
TechCabal -
Why Africa’s growth-stage companies need more than capital to scale sustainably 
TechCabal -
Mercy Erhiawarien left Africa. She returned convinced it is the future
TechCabal -
AI-Themed ETFs Emerge as One of Wall Street’s Biggest Investment Trends, JPMorgan Says
Artificial intelligence has become one of the dominant forces shaping exchange-traded fund (ETF) investing, with investors increasingly directing capital toward funds tied to AI technologies and the infrastructure supporting their expansion, according to a new report from J.P. Morgan Asset Management. The firm’s latest Guide to ETFs identifies AI-focused investment products as one of the […] The post AI-Themed ETFs Emerge as One of Wall Street’s Biggest Investment Trends, JPMorgan Says appeared first on Tekedia.
Tekedia -
KuCoin Pay Bridges Crypto and Local Payments Across Emerging Markets
The adoption of cryptocurrency as a practical payment method has long faced one major obstacle: spending digital assets in everyday transactions. While millions of people own cryptocurrencies, merchants often rely on local payment systems that are deeply integrated into their countries’ financial infrastructure. KuCoin Pay‘s latest expansion seeks to bridge that gap by connecting crypto […] The post KuCoin Pay Bridges Crypto and Local Payments Across Emerging Markets appeared first on Tekedia.
Tekedia -
Anthropic Invests $5 Billion in AMD Chips to Expand Claude AI Capabilities
Anthropic and AMD have announced a landmark $5 billion chip partnership, underscoring the growing race to build the infrastructure that will power the next generation of artificial intelligence. The agreement reflects the increasing demand for advanced AI hardware as companies compete to train larger models, deploy intelligent agents, and expand cloud-based AI services. While Nvidia […] The post Anthropic Invests $5 Billion in AMD Chips to Expand Claude AI Capabilities appeared first on Tekedia.
Tekedia -
Franklin Templeton’s AI-Crypto Thesis Could Redefine Digital Assets
Artificial intelligence is rapidly becoming one of the strongest narratives driving the next phase of blockchain adoption. Global asset manager Franklin Templeton recently described AI as crypto’s killer use case, highlighting a growing belief that blockchain technology may finally have the practical application needed to move beyond speculation. While cryptocurrencies first gained popularity as digital […] The post Franklin Templeton’s AI-Crypto Thesis Could Redefine Digital Assets appeared first on Tekedia.
Tekedia -
Apollo’s Torsten Sløk Warns AI IPO Frenzy May Echo Past Market Disappointments
Investor enthusiasm surrounding the next wave of artificial intelligence listings is reaching a fever pitch, but Apollo Global Management’s chief economist, Torsten Sløk, is cautioning that history suggests many newly public companies struggle to justify their lofty valuations after listing. As AI leaders OpenAI and Anthropic prepare for highly anticipated stock market debuts, Sløk believes […] The post Apollo’s Torsten Sløk Warns AI IPO Frenzy May Echo Past Market Disappointments appeared first on Tekedia.
Tekedia -
China Turns to Russian and Iranian Oil as Middle East Conflict Threatens Supplies, but Moscow’s Barrels Are Becoming Harder to Secure
Chinese refiners are increasing purchases of Russian crude and reopening negotiations for Iranian oil as renewed conflict in the Middle East disrupts exports from one of the world’s most important energy-producing regions. The latest buying spree comes after renewed attacks linked to the Iran conflict disrupted shipping through the Strait of Hormuz, while Yemen’s Iran-aligned […] The post China Turns to Russian and Iranian Oil as Middle East Conflict Threatens Supplies, but Moscow’s Barrels Are Becoming Harder to Secure appeared first on Tekedia.
Tekedia -
“I’m an African”: Why MTN says migration matters to South Africa’s digital future
TechCabal -
Why Nigerian fintech Duplo is turning to banks to distribute its software
TechCabal -
How Breet Financed Its First 1,000 Days Without Venture Capital
Tech In Africa -
 
 
South African VC Exits Are Finally Catching Up, and a New R10bn Raise Is Betting on More
Tech In Africa -
Uber Is Taking Over Glovo and Talabat’s African Operations in a €14.8bn Delivery Hero Deal
Tech In Africa -
South African VC exits show early signs of a maturing venture capital ecosystem
Tech In Africa -
South Africa’s most important crime witness isn’t human. It’s a smartphone.
TechCabal -
Quick Fire 🔥 with Zubair Timilehin
Meet Zubair Habib Timilehin, the founder and CEO of Bitoshi. Under his leadership, Bitoshi has grown to serve nearly 100,000 users, enabling individuals and businesses to transact in Africa's digital economy.
TechCabal -
👨🏿‍🚀TechCabal Daily – Mr Price, Mr Europe
TechCabal -
Alphabet Expands Workforce by Nearly 12,000 As AI Investment Accelerates Despite Industry-Wide Layoffs
Alphabet added nearly 12,000 employees over the past year, bucking a broader trend of workforce reductions across the technology sector as the Google parent ramps up investment in artificial intelligence and expands the infrastructure needed to support its next phase of growth. The company disclosed in its second-quarter earnings report that its global workforce increased […] The post Alphabet Expands Workforce by Nearly 12,000 As AI Investment Accelerates Despite Industry-Wide Layoffs appeared first on Tekedia.
Tekedia -
U.S. Senate Races to Pass Crypto Clarity Act Before Summer Recess, As SEC Warns on DeFi Rules
The U.S. Senate faces a pivotal 15-day window to decide the fate of the Crypto Clarity Act before lawmakers depart for their summer recess. The legislation has become one of the most closely watched crypto policy proposals in Washington because it seeks to establish long-awaited regulatory rules for digital assets while also introducing tougher ethics […] The post U.S. Senate Races to Pass Crypto Clarity Act Before Summer Recess, As SEC Warns on DeFi Rules appeared first on Tekedia.
Tekedia -
OpenAI Reveals How AI Agent Escaped Test Environment, Hacked Hugging Face in Industry First
OpenAI has disclosed that one of its advanced artificial intelligence agents escaped a controlled testing environment and autonomously hacked AI development platform Hugging Face, marking what the company described as an unprecedented cyber incident and intensifying concerns over the growing security risks posed by increasingly capable AI systems. The ChatGPT maker said the incident occurred […] The post OpenAI Reveals How AI Agent Escaped Test Environment, Hacked Hugging Face in Industry First appeared first on Tekedia.
Tekedia -
EU Hits Google With $1bn DMA Fine, Orders Major Changes to Search and Play Store Practices
European Union regulators have fined Google €890 million ($1 billion) for violating the bloc’s landmark Digital Markets Act (DMA), accusing the U.S. technology giant of unfairly favoring its own services in search results and restricting app developers from directing users to alternative payment channels. The penalty, announced by the European Commission on Thursday, marks Google’s […] The post EU Hits Google With $1bn DMA Fine, Orders Major Changes to Search and Play Store Practices appeared first on Tekedia.
Tekedia -
Intel, AMD Seek Longer-Term Supply Deals With Chinese Customers As AI Boom Drives Server CPU Shortages
Intel and Advanced Micro Devices (AMD) are negotiating longer-term purchase commitments with Chinese server manufacturers and data center operators as demand for server processors outpaces supply, highlighting how the artificial intelligence boom is extending beyond AI chips to reshape the broader semiconductor market. According to two sources cited by Reuters, the U.S. chipmakers are seeking […] The post Intel, AMD Seek Longer-Term Supply Deals With Chinese Customers As AI Boom Drives Server CPU Shortages appeared first on Tekedia.
Tekedia -
BitMEX to Shut Down Exchange Operations, Ends 11-Year Run as Crypto Derivatives Pioneer
BitMEX, a crypto derivatives exchange platform, has announced that it will permanently shut down operations, bringing an end to more than a decade of operations in the digital asset industry. The exchange, owned and operated by HDR Global Trading Limited, disclosed via a post that trading services will officially cease on September 23, 2026, following […] The post BitMEX to Shut Down Exchange Operations, Ends 11-Year Run as Crypto Derivatives Pioneer appeared first on Tekedia.
Tekedia -