Bitwise Chief Investment Officer Matt Hougan in a recent statement has noted that the cryptocurrency industry will continue to make progress even if the Clarity Act does not pass Congress this week. In a statement captured by Cointelegraph, Hougan pointed to two main reasons for his confidence, which is the readiness of SEC Chair Paul […] The post Crypto Will Keep Advancing Even If Clarity Act Fails – Bitwise CIO Says appeared first on Tekedia.

Block Inc. raised its full-year gross profit forecast after delivering better-than-expected second-quarter results, underscoring the resilience of digital payments and the growing contribution of Cash App as the company continues to expand beyond peer-to-peer transfers into a broader financial services platform. The fintech company now expects gross profit of $12.51 billion in 2026, representing 21% […] The post Block Raises 2026 Profit Outlook as Cash App Powers Growth, AI Efficiency Boosts Margins, Beating Estimates appeared first on Tekedia.

Nigeria has introduced stricter rules governing virtual-asset transactions, requiring crypto operators and users to obtain Tax Identification Numbers or face significant fines and possible imprisonment. In a circular published by the Nigeria Revenue Service (NRS), it provided a clear administrative framework for the taxation of virtual assets in Nigeria. The NRS set out the applicable […] The post Nigeria Mandates Tax IDs For Crypto Operators to Curb Tax Evasion appeared first on Tekedia.

Moment, a payments infrastructure company serving enterprise merchants across Africa, has closed a $22 million Series A round to scale its collections and billing platform. AlphaCode Venture Partners led the round, joined by returning backers General Catalyst and MultiChoice, plus a first-time check from French media group Canal+. The raise pushes Moment’s total funding to […] The post Cape Town Payments Startup Moment Lands $22 Million Series A With Canal+ Joining the Cap Table appeared first on Tech In Africa.

Palantir Technologies stunned Wall Street with a dramatic 30% share price this week, marking its strongest single-day performance in nearly two years and delivering a painful setback to investors betting against the company. The surge came after the software and artificial intelligence firm reported stronger-than-expected quarterly earnings and raised its full-year guidance, reigniting investor enthusiasm […] The post Palantir’s 30% Surge Delivers Crushing Blow to Short Sellers appeared first on Tekedia.

Global consumer electronics brand TCL has opened the doors to its first TCL Experience Store in South Africa, bringing the brand’s latest innovations under one roof at Cedar Square in Fourways, Johannesburg. The new store marks a significant step in TCL’s growth strategy for the South African market and is designed to change the way […]

Clea, the stablecoin-powered cross-border payments platform helping African businesses trade globally, has launched Vendor Payments, a new capability that enables businesses to simplify payments to international suppliers, auction platforms and shipping companies directly through the platform. Clea surpassed $20 million in transaction volume within six months of emerging from stealth in December 2025, reflecting growing […]

Fresh on-chain activity has once again placed Strategy under the spotlight after blockchain analytics platform Lookonchain flagged a wallet linked to the company moving 1,030 Bitcoin, valued at approximately $66.14 million. While there is no confirmation that the transfer represents another sale, the timing has fueled speculation across the cryptocurrency market, especially after Strategy recently […] The post Strategy Moves Another 1,030 BTC as Investors Watch for More Bitcoin Sales appeared first on Tekedia.

How can young people build a career in a world that keeps changing the rules? It’s a fair question, and one that’s being asked by matriculants and students across the country. It’s also the right question: not what should I study, but how do I find a way of studying that ensures I am keeping […]

Chipmaker introduces 400-layer BV-NAND prototype and next-generation zHBM architecture as AI drives demand for faster, denser and more energy-efficient memory Samsung Electronics on Tuesday unveiled a new generation of artificial intelligence memory technologies, including a prototype flash memory chip with more than 400 layers and a new three-dimensional memory architecture, as the world’s largest memory […] The post Samsung Unveils Next-Generation AI Memory Technologies to Strengthen Lead in Booming Semiconductor Market appeared first on Tekedia.

Prediction market platform Polymarket is reportedly seeking to raise approximately $1 billion in a new funding round that could value the company at more than $20 billion, underscoring the remarkable growth of decentralized forecasting platforms. The fundraising effort comes as prediction markets continue to gain traction among retail users, institutional investors, and policymakers who increasingly […] The post Polymarket Seeks $1 Billion in Funding at a Valuation Above $20 Billion appeared first on Tekedia.

Microsoft, Meta Platforms, Oracle, Amazon and Alphabet have collectively committed more than $1 trillion in future lease payments for data centers and other infrastructure that have not yet entered service, revealing the extraordinary scale of the artificial intelligence investment cycle and the long-term financial commitments underpinning it. According to a Reuters analysis of company filings, […] The post Big Tech Locks In More Than $1tn of Future AI Data Center Leases, Underscoring Long-Term Infrastructure Bet appeared first on Tekedia.

Artificial intelligence and blockchain gaming are once again making headlines as two notable developments capture the attention of the technology industry. On one hand, anticipation is building around the expected release of Grok 4.6, the next iteration of xAI’s flagship large language model, which is rumored to launch as early as next week. On the […] The post Grok 4.6 and Proof of Play Highlight AI and Web3 Industry Shifts appeared first on Tekedia.

Asian technology stocks surged on Wednesday after a powerful rally on Wall Street, where strong corporate earnings, easing oil prices and renewed optimism over artificial intelligence spending drove major U.S. stock indexes to fresh record highs. Japanese investment giant SoftBank Group led the regional advance, soaring nearly 14%, while semiconductor testing equipment maker Advantest climbed […] The post Softbank Jumps 14%, SK Hynix and TSMC Climb As Wall Street Rally Lifts Asian AI Stocks appeared first on Tekedia.

Hyperliquid has reached a significant milestone in the decentralized finance ecosystem, with its open interest climbing above $4 billion for the first time in the platform’s history. The achievement underscores the rapid growth of decentralized perpetual futures trading and highlights the increasing confidence traders are placing in on-chain derivatives markets. As traditional exchanges continue to […] The post Hyperliquid Open Interest Surpasses $4 Billion, Setting a New All-Time High appeared first on Tekedia.

The global payments industry is undergoing another major transformation as Western Union takes a significant step into the digital asset economy with the launch of its Stablecard, backed by USDPT on the Solana blockchain. The move represents a strategic effort by one of the world’s oldest and most recognized money transfer companies to modernize cross-border […] The post Western Union Unveils Solana-Based Stablecard Powered by USDPT appeared first on Tekedia.

Global financial markets opened the day on a strong footing as optimism surrounding the Strait of Hormuz helped fuel a broad-based rally across equities, commodities, and digital assets. Investors welcomed signs of easing geopolitical tensions in one of the world’s most strategically important energy corridors, driving Wall Street to fresh record highs while sending crude […] The post Wall Street Record Highs Face Skepticism as 2008 Housing Crash Predictor Turns Bearish appeared first on Tekedia.

The digital asset industry continues to evolve through a combination of technological innovation and growing community engagement. Two recent developments have attracted significant attention across the crypto ecosystem. The activation of Solana’s long-awaited disinflation proposal and the upcoming sale of tickets for ApeFest, one of the most recognized gatherings in the NFT community. These events […] The post Solana’s Disinflation Proposal Goes Live, as Trump Memecoin Under Fire as US Lawmakers Call for SEC Probe appeared first on Tekedia.

Table of contents When is the Google Pixel 11 Pro Fold coming out? Google Pixel 11 Pro Fold detailed specs How much will the Google Pixel 11 Pro Fold cost? What colours does the Google Pixel 11 Pro Fold come in? Where can you buy the Google Pixel 11 Pro Fold? Google will announce the […]

Table of contents When will the Google Pixel 11 Pro XL be released? Google Pixel 11 Pro XL detailed specs How much will the Google Pixel 11 Pro XL cost? What colours does the Google Pixel 11 Pro XL come in? Where can you buy the Google Pixel 11 Pro XL? Google has officially confirmed […]

Best Video Calling App in 2026: The Top Apps Compared for Work, School, and Family Video calling has become as common as sending a text message. Whether you’re attending online classes, working remotely,… TechCity

Kwara AI Summit 2025 Concludes Successfully, Establishing Kwara as a Rising Hub for Artificial Intelligence in Africa The inaugural Kwara AI Summit 2025 concluded successfully after two impactful days of innovation, collaboration, and forward-looking conversations,… TechCity

Lagos-born mobility company Moove has crossed into unicorn territory, closing a $250 million Series C round that values the company at $2.1 billion. It is the largest single funding round raised by an African startup so far in 2026. Mubadala Investment Company led the round, with Woven Capital (Toyota’s growth fund) and Ion Pacific co-leading. […] The post Moove Becomes Africa’s Newest Unicorn After $250M Series C appeared first on Tech In Africa.