For decades, the global financial system has relied on traditional banks to move money, provide savings, facilitate cross-border payments, and connect businesses with customers. While this infrastructure has powered economic growth. It has also exposed significant weaknesses. High transaction fees, slow settlement times, limited banking access, and outdated payment rails have left billions of people […] The post Why Stablecoins Are Becoming the Backbone of Modern Finance appeared first on Tekedia.

Tesla CEO Elon Musk made headlines recently after his net worth dropped significantly, leaving him out of the Trillionaire club. After sharp declines in Tesla and SpaceX shares, which erased more than $130 billion from his net worth in a single week, Musk humourously wrote about it in a post on X. He wrote, “(Former) […] The post “Former Trillionaire”: Elon Musk Reacts After Losing Over $130 Billion in A Week appeared first on Tekedia.

According to data from Apollo Global Management, an American asset management firm, IPOs have underperformed the broader market since 2019, marking one of the weakest periods on record for newly public companies. A chart compiled by Apollo’s chief economist Torsten Sløk illustrates this trend clearly. While IPO performance has fluctuated over decades, the post-2019 cohort […] The post IPOs Have Underperformed the Market Since 2019 – Apollo Reports appeared first on Tekedia.

The Tunde Onakoya AltSchool Scholarship Fund is a major initiative designed for National Youth Service Corps (NYSC) members, prospective corps members and recent graduates looking to break into the tech industry. Chess in Slums Africa founder, Tunde Onakoya, has joined forces with Jobs59 founder, Sam Otigba, and AltSchool Africa co-founder, HackSultan, to launch this ₦250 […]

President Donald Trump on Friday announced that his administration will launch a trade investigation into the European Union, escalating transatlantic trade tensions after Brussels imposed a €890 million ($1 billion) fine on Google for violating the bloc’s landmark Digital Markets Act (DMA). Trump said the probe could ultimately lead to the reversal of European penalties […] The post Trump Targets EU Over Google Fine, Threatens New Tariffs and Trade Probe Into Big Tech Penalties appeared first on Tekedia.

The technology sector experienced one of its most volatile trading sessions of the year as xAI officially launched Grok 4.5, its newest frontier artificial intelligence model, while disappointing earnings from major technology companies erased approximately $820 billion in stock market value. The sharp market reaction highlighted the increasingly complex relationship between AI innovation, corporate profitability, […] The post Grok 4.5 Launches as Tech Stocks Lose $820 Billion Amid Mixed AI Earnings appeared first on Tekedia.

Brent crude has surged above $100 per barrel for the first time in two months, sending a fresh wave of concern through global financial markets as geopolitical tensions in the Middle East continue to escalate. The move follows reports that Houthi militants struck two Saudi oil tankers, raising fears that critical energy infrastructure and shipping […] The post Brent Crude Hits Two-Month High Amid Houthi Strikes on Saudi Tankers appeared first on Tekedia.

The decentralized finance sector has once again been reminded of the persistent security risks that accompany permissionless financial protocols. AFX Trade, a perpetual decentralized exchange (DEX) operating on the Arbitrum network, recently suffered a devastating exploit that resulted in the loss of approximately $24.15 million in digital assets. The attack has sent shockwaves through the […] The post AFX Trade’s Arbitrum Perpetual DEX Suffers $24.15 Million Exploit as Hacker Offered 30% Bounty appeared first on Tekedia.

The United States labor market has once again demonstrated remarkable resilience as initial jobless claims fell to 187,000, marking one of the lowest weekly readings in nearly six decades. The latest figure signals that layoffs remain exceptionally rare despite elevated interest rates, global economic uncertainty, and ongoing concerns about inflation. For investors, policymakers, and businesses […] The post US Economy Shows Resilience with Lowest Jobless Claims in Decades appeared first on Tekedia.

OpenAI has introduced a new Health feature for ChatGPT, marking another major step in the integration of artificial intelligence into everyday healthcare experiences. The feature is designed to help users better understand health-related questions, navigate symptoms, access reliable wellness information, and prepare for conversations with healthcare professionals. While it is not intended to replace licensed […] The post OpenAI Introduces Health Mode in ChatGPT for Trusted Wellness Guidance appeared first on Tekedia.

When a product disappears from the shelves, it often fades quietly into memory. Yet some products linger, not just as snacks or commodities, but as cultural touchstones. Okin Shortcake is one of those rare names that has lived on in the hearts of Nigerians long after its absence. Its return is not simply a business […] The post Okin Biscuits: Revitalising a Legacy, Rebranding for the Future appeared first on Tekedia.

Artificial intelligence has rapidly evolved from a niche technology into a central feature of digital entrepreneurship. On Facebook, AI educators, digital marketers, and business coaches increasingly present AI as an essential business companion rather than an experimental innovation. Their posts do more than introduce new tools. They shape how entrepreneurs understand technology, opportunity, and success. […] The post AI We Use, the AI We Gain From, and the AI We Discard appeared first on Tekedia.

Tokenized equities are rapidly becoming one of the fastest-growing segments of the digital asset industry, and Solana has emerged as the dominant blockchain powering this transformation. New market data shows that tokenized equity trading volume on Solana has surged from just $1.34 million to an astonishing $3.32 billion over the past year, highlighting the accelerating […] The post Why Tokenized Equities Are Fueling Solana’s Explosive Growth in 2026 appeared first on Tekedia.

Volkswagen reported a sharp decline in second-quarter earnings, underscoring the growing challenges facing one of the world’s largest automakers. The German automotive giant announced that its net profit fell 32.9% year-over-year to €1.54 billion ($1.8 billion), reflecting mounting pressure from weakening demand in China, rising competitive intensity, and the broader transformation of the global automotive […] The post Volkswagen Earnings Miss Highlights Challenges for European Automakers, as Germany Accelerates Digital Railway Revolution appeared first on Tekedia.

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.

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.

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.

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.

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.

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.

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.

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.