Binance has replenished up to 90% of approximately $6.3 billion in cryptocurrency assets stolen from its hot wallets in what the exchange described as a record theft, as it works to restore withdrawal services and reassure customers that they will not bear the financial cost of the breach. The world’s largest cryptocurrency exchange said on […] The post Binance Replenishes 90% of $6.3 Billion Stolen in Record Crypto Theft, Targets Full Recovery appeared first on Tekedia.

SpaceX President and Chief Operating Officer Gwynne Shotwell and her husband, Robert, plan to donate more than 2 million shares of the privately held space company to eligible American children through the Trump Accounts programme, extending a growing effort to give young people an early stake in financial assets. Shotwell announced the contribution in a […] The post SpaceX President Gwynne Shotwell to Gift More Than 2 Million Shares to Children Through Trump Accounts appeared first on Tekedia.

OpenAI has reduced its latest fundraising target by $10 billion as a sharp selloff in technology stocks intensifies scrutiny of the capital flowing into artificial intelligence, adding pressure to the ChatGPT maker’s efforts to secure fresh investment ahead of a planned public listing in 2027. The company is now seeking approximately $20 billion, down from […] The post OpenAI Cuts Funding Target by $10 Billion as AI Stock Selloff Pressures Valuation appeared first on Tekedia.

Africa’s creators have the talent and the audience. What holds them back is the infrastructure that turns attention into income.

Good People, across Africa, many young people amplified our message on ContiSX Phones, making us a brand even before we started. Thank you for believing in our mission! Today, I have two exciting updates. First: On November 10, 2026, we will push an operating system update to ContiSX Phones, activating access to our non-exchange products. […] The post ContiSX Opening Its Blockchain Ecosystem to Developers appeared first on Tekedia.

Artificial intelligence startup Cognition is reportedly considering a new funding round that could value the company between $70 billion and $80 billion, highlighting the growing investor appetite for advanced AI coding technologies. The potential fundraising would represent a significant milestone for the company behind Devin, an AI software engineering agent designed to perform complex coding […] The post AI Software Engineering Market Grows as Cognition Considers New Funding appeared first on Tekedia.

US spot Bitcoin exchange-traded funds (ETFs) recorded $137.3 million in net inflows, marking their third consecutive day of gains and signaling renewed investor interest in Bitcoin amid continuing cryptocurrency market volatility. The latest inflows highlight the importance of regulated investment products in connecting traditional financial markets with digital assets, potentially providing support for Bitcoin prices […] The post US Spot Bitcoin ETFs Attract $137.3 Million as Institutional Demand Strengthens appeared first on Tekedia.

NVIDIA is reportedly considering billions of dollars in credit guarantees to support Nscale’s development of a 460-megawatt data center designed to provide computing capacity for Anthropic, highlighting the growing financial commitments required to sustain the artificial intelligence boom. The proposed arrangement underscores NVIDIA’s expanding role in the AI infrastructure market, where demand for advanced processors, […] The post How Nscale’s Proposed 460MW Data Center Could Support Anthropic’s Claude AI appeared first on Tekedia.

Airtel now shows the network masts near you in its app. Here is how to report bad service Airtel Open Network in the MyAirtel app shows masts near you and lets you report poor calls and slow data. Here is how to use it. TechCity

Two lines in your website’s robots.txt file can tell AI companies not to train on it Microsoft, OpenAI, Google and Anthropic back one robots.txt entry to block AI training on your site. Here is the line and what it does not do. TechCity

Coinbase and Strategy have reported significant financial results for the third quarter, highlighting the growing influence of digital assets on corporate earnings. Coinbase recorded $718.7 million in net income, supported by its expanding cryptocurrency business and prediction markets revenue exceeding $200 million. Meanwhile, Strategy reported $19.53 billion in net income, largely driven by a $20.91 […] The post Coinbase Reports $718.7 Million Profit As Strategy Reports $20.91B Unrealized Digital Asset Gain in Q3 appeared first on Tekedia.

The cryptocurrency market is facing renewed uncertainty following a major security breach involving Binance, the world’s largest cryptocurrency exchange. The incident has prompted additional security investigations, the freezing of approximately $2.1 billion in stablecoins by Tether and Circle, and a temporary disruption to withdrawals. Meanwhile, Bitcoin has fallen below $78,000 as liquidations across the crypto […] The post Binance Security Breach Triggers Stablecoin Freezes and Market-Wide Crypto Sell-Off appeared first on Tekedia.

Wall Street’s biggest financial institutions are pushing back against the growing tokenization of traditional stocks, highlighting the conflict between established financial markets and blockchain-based alternatives. As digital asset platforms expand their offerings of tokenized equities, major companies and financial industry stakeholders are raising concerns about investor protection, regulatory compliance, and the potential risks of representing […] The post Wall Street Giants Shut the Door on Tokenized Stocks appeared first on Tekedia.

The financial industry is witnessing a growing convergence between traditional investment products, cryptocurrencies, and prediction markets. Franklin Templeton is introducing exchange-traded funds (ETFs) that reinvest stock dividends into Bitcoin, while prediction market platform Kalshi has raised $1 billion in a Series G funding round at a $40 billion post-money valuation. These developments highlight how established […] The post Franklin Templeton Bitcoin ETFs and Kalshi Funding Highlight Changing Investment Trends appeared first on Tekedia.

Verve plans to let customers pay by tapping their phones and, eventually, to let AI assistants make payments on their behalf.

Grey is building direct payment connections and currency pairs in African markets so cross-border transfers no longer use the dollar.

By Emmanuella Opara | October 31st, 2026 KEY POINTS MAIN STORY Airtel Nigeria has added more than 1,000 fifth-generation (5G) network sites in 2026 as the telecommunications company expands its infrastructure to improve coverage and meet rising demand for mobile connectivity. The Chief Executive Officer of Airtel Nigeria, Dinesh Balsingh, disclosed this on Friday at […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

By Emmanuella Opara | October 31st, 2026 KEY POINTS MAIN STORY MTN Nigeria recorded a 55.3 per cent increase in profit after tax to N1.17tn in the nine months ended September 30, 2026, supported by higher service revenue, improved operating margins and growing demand for data services. The telecommunications operator disclosed the performance in its […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Nigeria’s AI progress will be judged by the local problems it solves, panellists said at “The State of AI in Nigeria", a session at Moonshot by TechCabal.

America’s largest technology companies generated a record $542.9 billion in operating cash flow during the first nine months of 2026, but returned a sharply smaller proportion of that money to shareholders as the cost of expanding artificial intelligence infrastructure absorbed an increasing share of their resources. Microsoft, Alphabet, Amazon, Meta and Oracle returned just 9.3% […] The post Big Tech Returns Just 9.3% of Cash to Shareholders as AI Spending Pushes Free Cash Flow Into Deficit appeared first on Tekedia.

Alphabet and Amazon have faced significant investor pressure following disappointing third-quarter earnings developments, highlighting growing concerns about slowing growth, rising costs, and the sustainability of valuations across the technology sector. Alphabet reportedly plunged 11.5% as investors reacted to slowing search growth, while Amazon suffered a sharp decline following a quarterly earnings miss that reportedly erased […] The post Alphabet and Amazon Stocks Plunge as Q3 Earnings Disappoint Investors appeared first on Tekedia.

Binance co-founder Changpeng Zhao, widely known as CZ, publicly asked Elon Musk to stop trolling the exchange as it grappled with what appears to be the largest cryptocurrency theft in history. Recall that hackers siphoned roughly $6.3 billion from Binance-linked wallets across multiple blockchains this week, prompting an investigation and rapid response from the platform. […] The post CZ Urges Elon Musk to Stop Trolling Amid Binance’s Record Hack, Cites $1B+ SpaceX Stake appeared first on Tekedia.

American Republican politician Senator Cynthia Lummis has pointed to the record $6.3 billion Binance hack as evidence that the stalled CLARITY Act could have given crypto firms clearer legal authority to act faster on suspicious transactions. In a post on X, the Wyoming Republican described the Binance hack as the biggest heist in history, noting […] The post Senator Lummis Says CLARITY Act Would Have Enabled Faster Freezes After $6.3 Billion Binance Hack appeared first on Tekedia.

Meta Platforms has settled a lawsuit brought by an 18-year-old woman who accused the company of designing Instagram and Facebook to encourage addictive use, contributing to mental health problems and disordered eating. The settlement, announced by attorneys for the plaintiff on Friday, came after jury selection began on Wednesday in a Los Angeles state court […] The post Meta Settles Second Teen Social Media Addiction Lawsuit, Leaving Snap as Sole Defendant at Trial appeared first on Tekedia.

BP reported its highest quarterly underlying profit on record on Friday, benefiting from higher oil prices and stronger refining margins linked to the Iran war, as the British energy company moved to settle its remaining financial liabilities from the 2010 Deepwater Horizon disaster. The company reported third-quarter underlying replacement cost profit of $8.46 billion, its […] The post BP Posts Record $8.46 Billion Quarterly Profit as Iran War Boosts Oil and Refining Margins appeared first on Tekedia.

Elon Musk has issued a warning about the potential behavior of advanced artificial intelligence systems, stating that superintelligent AI agents could eventually exploit financial infrastructure, including cryptocurrency and decentralized finance protocols to obtain currency for their own purposes rather than for any human operator. His comment comes in the wake of a major security incident […] The post Elon Musk Warns: Superintelligent AI Agents May One Day Exploit Financial Systems For Themselves appeared first on Tekedia.

Nvidia is in talks to provide billions of dollars in credit guarantees to AI cloud provider Nscale, a move that could help the British company secure debt financing for a data center project in West Virginia intended to supply computing capacity to Anthropic, according to a report by The Information. The proposed support would help […] The post Nvidia Weighs Billions in Credit Guarantees to Support Nscale’s $45bn Anthropic Data Centre Deal appeared first on Tekedia.

The digital asset industry continues to evolve as blockchain platforms expand their financial offerings while confronting persistent security concerns. Ondo’s launch of seven Intelligent Portfolios on Solana, including three powered by BlackRock, highlights the growing integration of traditional financial products with blockchain technology. Meanwhile, Polymarket has reportedly switched to cancel-only mode amid unconfirmed reports of […] The post Ondo Expands Tokenized Investments on Solana as Polymarket Faces Security Concerns appeared first on Tekedia.

AM Intelligence, an Indian artificial intelligence infrastructure company, is reportedly seeking to raise as much as $3 billion through bond sales and bank loans to finance purchases of Nvidia’s next-generation Rubin graphics processing units, as competition to build AI computing capacity intensifies across Asia. The Hyderabad-based company is considering a combination of debt instruments to […] The post India’s AM Intelligence Seeks $3 Billion Debt to Buy Nvidia Rubin AI Chips appeared first on Tekedia.

Visa’s stablecoin settlement volume has surpassed an annualized rate of $25 billion, marking a significant milestone in the adoption of blockchain-based payments. The company’s latest figures indicate that settlement activity has increased tenfold year over year, highlighting the growing role of stablecoins in global financial infrastructure. The development reinforces the potential of digital assets to […] The post Visa Stablecoin Settlement Volume Hits $25 Billion as Adoption Grows 10x appeared first on Tekedia.

BRICS+ countries should accelerate efforts to establish a joint cross-border payments mechanism to reduce dependence on the US dollar, but creating a shared currency would require sweeping economic and institutional reforms that remain difficult to achieve, according to a new report by policy platform BRICS+ Thinking. The report, published on Friday, called on the expanded […] The post BRICS+ Urged to Develop Joint Payments System as Report Warns Against Common Currency Push appeared first on Tekedia.

A major security incident involving Binance has raised fresh concerns about cryptocurrency exchange security after blockchain security firm Blockaid reported that billions of dollars in digital assets moved out of wallets associated with the exchange. According to Blockaid co-founder and CEO Ido Ben-Natan, at least $3.5 billion was transferred from Binance hot wallets across multiple […] The post Binance Exploit Raises Alarm as Blockaid Traces $3.5 Billion in Crypto Outflows appeared first on Tekedia.

The cryptocurrency industry continues to explore new ways to strengthen token value, reward users, and encourage long-term participation as blockchain platforms compete for market share. Two developments attracting attention are Hyperliquid’s reported burning of nearly $4 billion worth of HYPE tokens, reducing its circulating supply by almost 5%, and OpenSea’s decision to make the first […] The post Hyperliquid Burns $4B in HYPE Tokens as OpenSea Referral Rewards Go Live appeared first on Tekedia.

The publication of personal information belonging to more than 40,000 Department of Homeland Security (DHS) employees online has raised serious concerns about cybersecurity, government data protection, and the potential risks facing federal workers. The incident highlights the growing challenges confronting government agencies as cybercriminals and politically motivated hackers increasingly target sensitive information held by public […] The post DHS Employee Information Leak Sparks Debate Over Transparency and Privacy appeared first on Tekedia.

Technology shares tumbled on Friday as investors moved into government bonds and other traditional safe-haven assets, increasingly questioning whether the enormous capital expenditure committed to artificial intelligence infrastructure will generate sufficient returns to justify its cost. US stock futures pointed to further losses on Wall Street, with Nasdaq 100 futures indicating a decline of more […] The post Global Markets Slide as AI Spending Fears Drive Investors Towards US Treasuries appeared first on Tekedia.