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Technology
Jane Street Shifted Exposure from Bitcoin toward Ethereum Amid Fidelity’s Endorsement of the CLARITY Act
The first quarter filings from major financial firms often reveal more than portfolio adjustments. They offer insight into where institutional conviction is moving and which narratives are beginning to dominate the next market cycle. This quarter, two developments stood out across the digital asset landscape: reports that trading giant Jane Street shifted exposure from Bitcoin […] The post Jane Street Shifted Exposure from Bitcoin toward Ethereum Amid Fidelity’s Endorsement of the CLARITY Act appeared first on Tekedia.
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Nigerian Fintech Infrastructure Is Shaping the Future of Global Payments
Nigerian Fintech Infrastructure Is Shaping the Future of Global Payments For years, global tech companies treated Africa as a market for expansion. Now, many investors and founders are… TechCity
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Cards and Settlement Are Two of The Biggest Growth Levers for Stablecoins
Stablecoins were once viewed primarily as a tool for crypto traders, a digital substitute for dollars that allowed users to move between exchanges without touching the traditional banking system. That narrative has changed dramatically. Stablecoins are increasingly becoming financial infrastructure, and two of the most powerful forces driving their expansion are cards and settlement networks. […] The post Cards and Settlement Are Two of The Biggest Growth Levers for Stablecoins appeared first on Tekedia.
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Bitcoin Supporter Kevin Warsh Confirmed as Powell’s Successor
Bitcoin supporter Kevin Warsh has officially been confirmed as the successor to Jerome Powell, signaling a potentially new era for U.S. monetary policy and digital asset regulation. The U.S. Senate on Wednesday confirmed Warsh as the next Chair of the Federal Reserve, marking a significant shift in leadership at the world’s most powerful central bank. […] The post Bitcoin Supporter Kevin Warsh Confirmed as Powell’s Successor appeared first on Tekedia.
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Why Stablecoins are Becoming Digital Eurodollars
For decades, the global financial system has revolved around the U.S. dollar. Long before cryptocurrencies existed, banks outside the United States created a vast offshore dollar network known as the eurodollar market. These were not physical dollars stored in America, but dollar-denominated liabilities issued and circulated globally by foreign banks. Today, stablecoins are beginning to […] The post Why Stablecoins are Becoming Digital Eurodollars appeared first on Tekedia.
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Nigerian Fintech Startup Chimoney Shuts Down Operations Over Funding Crunch
Chimoney, a Nigerian fintech startup that built a unified API for cross-border payments across 41 currencies, has shut down operations, citing a lack of capital to sustain operations. In an email sent to customers, the Canada-based startup disclosed that it had stopped processing new transactions and integrations and had begun refunding customer balances. “As of […] The post Nigerian Fintech Startup Chimoney Shuts Down Operations Over Funding Crunch appeared first on Tekedia.
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JAMILA'S MEMO: Budget numbers vs reality
This week, the Finance Bill 2026 was published, and almost immediately, questions began emerging from the public.
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BONYO'S BONE: Gold - mind the poor too
In West Pokot County, 12 women and three men died after rocks came crashing down at Romo Hills in Kasei.
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SAM'S SENSE: Hey, hey listen
That clip of him calling out the audience to order went viral, attracting immense commentary locally and globally.
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YVONNE'S TAKE: Africa do unto others
Climate negotiations routinely expose a painful imbalance: Africa contributes the least to global emissions, yet suffers some of the worst consequences.
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KAIKAI'S KICKER: Talk Africa, talk.. but act!
Every major world power wants a summit with Africa. By a casual count, there are at least 12 such summits.
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Datesboom Reviews: What Members Are Saying
Online dating has become one of the main ways people meet today. According to research by the Pew Research Center, about 1 in 10 partnered adults have met their current partner through a dating site or app. In addition, nearly 50% of users say they have been in a committed relationship with someone they met […] The post Datesboom Reviews: What Members Are Saying appeared first on Tekedia.
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Japan's Mitoma a major doubt for World Cup
Mitoma suffered a hamstring injury during Brighton's 3-0 win over Wolves last weekend.
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Iran allows Chinese ships to pass Hormuz since Wednesday
Iran has largely blocked shipping through the vital strait since the outbreak of war with the United States and Israel on February 28.
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Roble Said Nuno appointed as Commission on Revenue Allocation CEO
The commission said the appointment followed a rigorous selection exercise conducted in line with applicable recruitment laws and procedures.
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Arteta seeks goal spree for Premier League title cushion
Arteta's men are two points ahead of second-placed Manchester City with two games to go after a controversial VAR call ruled out a late West Ham equaliser against Arsenal last weekend.
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India Slams Brakes on Gold Imports with 15% Duty Hike as Rupee Weakens Under Twin Pressures of Bullion and Energy
India has sharply raised import duties on gold and silver to 15% from 6%, a significant policy reversal aimed at curbing runaway demand for bullion and easing intense pressure on the rupee. This comes just days after Prime Minister Narendra Modi personally appealed to citizens to reduce gold purchases for the next year. The new […] The post India Slams Brakes on Gold Imports with 15% Duty Hike as Rupee Weakens Under Twin Pressures of Bullion and Energy appeared first on Tekedia.
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Samsung Briefly Loses $66bn in Market Value as Strike Threat Exposes Mounting AI Talent Pressures
Samsung Electronics suffered one of its sharpest market-value declines in recent years on Wednesday after failing to secure a wage agreement with its labor union. South Korea’s largest company lost as much as 99.07 trillion won, or about $66.18 billion, in market capitalization during intraday trading after its shares fell as much as 6.09% from […] The post Samsung Briefly Loses $66bn in Market Value as Strike Threat Exposes Mounting AI Talent Pressures appeared first on Tekedia.
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Altman-Musk Courtroom War Exposes Power Struggle, Trust Crisis, and Trillion-Dollar Stakes At Openai
The courtroom battle between Sam Altman and Elon Musk has evolved far beyond a dispute over corporate structure. The trial is now exposing a bitter ideological and financial conflict over who should control artificial intelligence, how its profits should be distributed, and whether one of Silicon Valley’s most influential companies abandoned its original mission in […] The post Altman-Musk Courtroom War Exposes Power Struggle, Trust Crisis, and Trillion-Dollar Stakes At Openai appeared first on Tekedia.
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McFarlane calls on Chelsea to save troubled season with FA Cup glory
Without a win in their last seven Premier League games, Chelsea are languishing in ninth place with virtually no chance of qualifying for next season's Champions League.
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One shot during protests as Marsabit-Wajir border land dispute escalates
The protesters are demanding the release of the elders and the halting of construction of a multi-agency security camp until the dispute is resolved.
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Chimoney Had the Licences, the Product, and the Team. It Didn’t Have Enough People Who Knew About It
The Canadian-African fintech shut down on April 30, 2026 — not because the product failed, but because the world never quite found it. When a freelancer in Lagos gets paid by a client in New York, the money rarely moves simply. It crosses currency rails, compliance checkpoints, and multiple intermediaries before it lands. Chimoney was […] The post Chimoney Had the Licences, the Product, and the Team. It Didn’t Have Enough People Who Knew About It appeared first on Tech In Africa.
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More pain at the pump as Super Petrol price increases by Ksh.16, Diesel by Ksh.46
In its latest pricing review announced on Thursday, EPRA indicated that the cost of Super Petrol and Diesel has gone up by Ksh.16.65 and Ksh.46.29 per litre respectively, while the price of Kerosene remains unchanged.
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SoftBank Delivers Record $46 Billion Vision Fund Windfall on OpenAI Bet
SoftBank Group reported a massive $46 billion gain in its Vision Fund for the financial year ended March 31, the vast majority of which stemmed from the skyrocketing valuation of its enormous stake in OpenAI. The performance marks one of the most dramatic single-year turnarounds for the fund and underscores Masayoshi Son’s aggressive, conviction-driven approach […] The post SoftBank Delivers Record $46 Billion Vision Fund Windfall on OpenAI Bet appeared first on Tekedia.
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JPMorgan Overhauls Investment Bank Leadership as Jamie Dimon Warns Political Turmoil Could Threaten London Expansion
JPMorgan Chase is simultaneously reshaping the leadership structure of its powerful investment bank and reassessing the political risks tied to one of its biggest international expansion projects. The bank is set to announce a sweeping reorganization of senior investment-banking roles, according to a report by the Financial Times. The move comes as mergers-and-acquisitions activity rebounds […] The post JPMorgan Overhauls Investment Bank Leadership as Jamie Dimon Warns Political Turmoil Could Threaten London Expansion appeared first on Tekedia.
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How AI and Crypto Merge through Compute Markets
The convergence of artificial intelligence and cryptocurrency is creating a new economic layer for the internet: compute markets. In the same way that oil powered the industrial era and data fueled the social media era, computational power is becoming the defining commodity of the AI age. As demand for AI models grows exponentially, crypto networks […] The post How AI and Crypto Merge through Compute Markets appeared first on Tekedia.
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JPMorgan Launches Second Tokenized Money Market Fund on Ethereum
JPMorgan Chase’s reported launch of a second tokenized money market fund on Ethereum marks another incremental but structurally significant step in the ongoing convergence between traditional asset management and blockchain-based financial infrastructure. Rather than representing a speculative crypto product, tokenized money market funds sit at the intersection of regulated yield-bearing instruments and distributed ledger technology, […] The post JPMorgan Launches Second Tokenized Money Market Fund on Ethereum appeared first on Tekedia.
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Google and SpaceX Partnership Marks a Turning Point in the Architecture of Global Computing
The emerging collaboration between Google and SpaceX marks a potential inflection point in the architecture of global computing infrastructure. Reports of discussions centered on deploying data centers in space suggest a strategic response to the escalating constraints of terrestrial cloud systems: energy consumption, land availability, thermal management, and geopolitical risk. The concept of orbital data […] The post Google and SpaceX Partnership Marks a Turning Point in the Architecture of Global Computing appeared first on Tekedia.
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US CPI Inflation Hitting 3.8% Underscores the Dragility of Disinflation Narrative
US CPI inflation rose above market expectations to 3.8%, marking its highest level since May 2023 and reinforcing concerns that price pressures in the American economy are proving more persistent than policymakers had anticipated. The latest reading reflects broad based inflationary stickiness across services, housing and select goods sectors suggesting that disinflation momentum seen earlier […] The post US CPI Inflation Hitting 3.8% Underscores the Dragility of Disinflation Narrative appeared first on Tekedia.
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Copper Hit an All-time High of $6.69 Per Pound
Copper’s explosive rise to an all-time high of $6.69 per pound is becoming one of the most closely watched macroeconomic developments of 2026. The industrial metal has surged nearly 17% this year, outperforming even gold, which has traditionally been viewed as the premier safe-haven asset during periods of economic uncertainty. While commodities rarely dominate crypto […] The post Copper Hit an All-time High of $6.69 Per Pound appeared first on Tekedia.
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Spain Escalates Crackdown On Big Tech As Europe Hardens Stance On AI And Social Media Harms
Spain is moving aggressively to tighten regulation of artificial intelligence and social media platforms, positioning itself at the forefront of Europe’s widening confrontation with major technology companies over online safety, algorithmic transparency, and the societal impact of digital platforms. Speaking to Reuters, Spain’s digital transformation minister, Oscar Lopez, said Madrid would press ahead with stricter […] The post Spain Escalates Crackdown On Big Tech As Europe Hardens Stance On AI And Social Media Harms appeared first on Tekedia.
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Samsung on Brink of Major Strike as Union Talks Collapse Over AI Profit Sharing, Jeopardizing South Korea’s Economic Engine
Samsung Electronics and its largest union failed on Wednesday to reach a pay agreement after marathon government-mediated negotiations, dramatically raising the prospect of an 18-day strike beginning May 21 that could disrupt global semiconductor supply chains and inflict serious damage on South Korea’s export-dependent economy. The impasse has triggered high-level government intervention. Prime Minister Kim […] The post Samsung on Brink of Major Strike as Union Talks Collapse Over AI Profit Sharing, Jeopardizing South Korea’s Economic Engine appeared first on Tekedia.
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King Charles III Delivers Legislative Agenda as Embattled Keir Starmer Fights to Save His Leadership
In one of Westminster’s most elaborate annual spectacles, King Charles III on Wednesday delivered the King’s Speech from the House of Lords, formally setting out Prime Minister Keir Starmer’s legislative program for the coming year at a moment when the Labour government’s authority is hanging by a thread. The occasion, steeped in centuries-old tradition with […] The post King Charles III Delivers Legislative Agenda as Embattled Keir Starmer Fights to Save His Leadership appeared first on Tekedia.
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Stacks Releases a Bitcoin Staking Whitepaper Outlining Framework for Self-Custodial Yield
The evolution of Bitcoin has long been constrained by one core limitation: while it remains the world’s most secure and decentralized digital asset, it has historically lacked native yield-generating opportunities without requiring users to surrender custody of their coins. That paradigm may now be shifting. Stacks has released a new Bitcoin staking whitepaper outlining a […] The post Stacks Releases a Bitcoin Staking Whitepaper Outlining Framework for Self-Custodial Yield appeared first on Tekedia.
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ZachXBT Identified a US-based Hacker Responsible for over $19M Crypto Scam
On-chain investigator ZachXBT has once again drawn attention across the digital asset ecosystem after publishing findings that allegedly identify a US-based hacker responsible for stealing more than $19 million in crypto assets. The disclosure adds to a growing body of high-profile investigations in which independent analysts, rather than traditional law enforcement agencies, have played a […] The post ZachXBT Identified a US-based Hacker Responsible for over $19M Crypto Scam appeared first on Tekedia.
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Tokenworks Launches “Ten Thousand Tokens” to Formalize how Digital Value Units are Created
The launch of Ten Thousand Tokens by Tokenworks signals a renewed attempt to formalize how digital value units are created, distributed, and governed in increasingly modular blockchain ecosystems. While token launches have become routine across decentralized finance, this initiative stands out for its explicit framing: not as a single asset issuance, but as a structured […] The post Tokenworks Launches “Ten Thousand Tokens” to Formalize how Digital Value Units are Created appeared first on Tekedia.
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