The highly anticipated mainnet launch of Pi Network took a disastrous turn as the cryptocurrency crashed, wiping out an estimated $6 billion in value within the first two days. After debuting at $2, the Pi coin price plummeted to $0.76 by Saturday, raising concerns among investors and the crypto community. One major factor behind the…
Apple, on Friday has announced that it will no longer offer full end-to-end encryption for iPhone users in the United Kingdom, citing government requests for global data access. The decision means that new UK users will not have access to Advanced Data Protection (ADP), while existing users will eventually need to disable this security feature….
Global tech powerhouse Microsoft has announced a $1 million initiative aimed at equipping one million Nigerians with Artificial Intelligence (AI) skills over the next two years. This ambitious project was unveiled by Ola Williams, Microsoft’s Country Manager for Nigeria and Ghana, during the Microsoft AI Tour in Lagos on Wednesday. Expressing her enthusiasm for the…
In a bold move to expand global connectivity and fuel the development of artificial intelligence, Meta, the parent company of Facebook and Instagram, has announced plans to install a massive undersea cable spanning five continents. The project, named “Waterworth,” will stretch over 50,000 kilometers (31,000 miles), linking the United States, South Africa, India, Brazil, and…
Nigeria is taking significant steps to regulate and tax cryptocurrency transactions as part of broader efforts to boost government revenue. The country’s Securities and Exchange Commission (SEC) has confirmed that a bill outlining the tax framework is under review and is expected to be passed within this quarter, according to Bloomberg. This initiative is driven…
The price of Tapswap (TAPS) experienced some volatility on Monday following the highly anticipated launch of its airdrop and token generation event. Trading at approximately $0.07058, the token saw a slight uptick from its opening price. Despite its immense popularity, Tapswap’s market capitalization remains relatively small at $34 million, lagging behind other tap-to-earn tokens like…
The battle over OpenAI’s future took another dramatic turn as its board of directors formally rejected a $97.4 billion buyout offer from a group of investors led by Elon Musk. The bid, which aimed to acquire the nonprofit that controls OpenAI, was swiftly dismissed, with board members reaffirming their commitment to the company’s mission. In…
Kanye West, now legally known as Ye, has once again found himself at the center of controversy after his X (formerly Twitter) account was deactivated. The move came following a days-long tirade on the platform that included anti-Semitic remarks and other inflammatory statements. It remains unclear whether Ye himself chose to deactivate his account or…
Crude oil prices saw a slight uptick as signs of shrinking Russian supply eased oversupply fears. However, the market remained near its lowest levels of the year, with President Donald Trump’s tariff policies continuing to weigh on investor sentiment. West Texas Intermediate (WTI) hovered around $72 per barrel on Monday after enduring its longest losing…
Saudi Arabia has announced that children will not be allowed to accompany pilgrims to Hajj in 2025, a move aimed at protecting them from the risks associated with the massive crowds that gather each year for the sacred pilgrimage. The Ministry of Hajj and Umrah emphasized that this decision was made to safeguard children from…
