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Africa Crypto News in Review: South Africa Court Backs Crypto, Kenya to Host Blockchain Conference, Blockchain.com In Nigeria

Africa crypto news: A High Court in Gauteng, South Africa, rules that crypto is free from exchange controls. Kenya will host a crypto conference in June. Blockchain.com is setting up an office in Nigeria. South African crypto holders got a major reprieve after the High Court said tokens, including some of the best cryptos to … Read more

Sui community backs vote to recover Cetus hack frozen funds

The Sui community has voted to unlock over $160 million in frozen assets following a major exploit of Cetus, a leading decentralized finance protocol on the network. In a May 29 post on X, Sui (SUI) confirmed that validators representing 90.9% of the total stake voted “yes” in an on-chain governance proposal to move the … Read more

TON Crypto Soars After BlackRock Backs Telegram In $1.5B Bond Sale: What’s Next?

TON crypto spiked 40% after Telegram announced the finalization of the $1.5 billion bond sale, backed by BlackRock, Citadel, and Mubadala. As tokenization picks up steam, will Toncoin and Tonchain dominate? What differentiates crypto from securities is hype. True, market forces impact crypto, but when the “hype” catches on, prices tend to surge rapidly. There … Read more

Lightspeed backs Indian home services startup Snabbit as the next big consumer trend

Home services in India — whether it is cleaning, dishwashing, or laundry — have traditionally been offline and informally run. This has often resulted in delays and uncertainties for consumers, as well as inconsistent pay and job insecurity for workers. Recently, however, startups have begun viewing this area as ripe for transformation, leveraging technology to … Read more

Germany’s Merz backs Ukraine’s long-range missile strikes on Russia

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Germany’s chancellor Friedrich Merz has backed Ukrainian military strikes deep into Russian territory, following his earlier commitment to supply Kyiv with German long-range missiles. Germany, Britain, France and the US have removed all range … Read more

Donald Trump backs Nippon Steel partnership with US Steel

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has broadly endorsed Nippon Steel’s $15bn deal to buy US Steel, in an apparent reversal of his opposition to a cross-border transaction that was blocked by Joe Biden on national security … Read more

Jamie Dimon backs Fed’s ‘wait-and-see’ rate cut strategy despite Trump’s criticism of ‘Too Late Powell’

JPMorgan CEO Jamie Dimon supports Jerome Powell’s cautious approach to interest rate cuts amid economic uncertainty, despite criticism from President Trump, who has labeled him “Too Late Powell.” Dimon warns that while the economy appears stable now, future risks—like rising debt, inflation, and geopolitical tensions—justify the Fed’s wait-and-see strategy. While Jerome Powell’s ‘wait-and-see’ rate cut … Read more

MIT Backs Away From Paper Claiming Scientists Make More Discoveries with AI

Last year, the Massachusetts Institute of Technology was touting the research of a PhD student on the impact of AI on the workforce that “floored” professors in the field. Now the university is backing away from it and calling for it to no longer be published. On Friday, MIT announced that it reviewed the paper … Read more

Deion Sanders backs Mel Kiper Jr. after analyst’s viral NFL Draft meltdown

NEWYou can now listen to Fox News articles! The controversial draft slide of quarterback Shedeur Sanders last month sparked national debate that included a harsh reaction from ESPN’s lead draft analyst, Mel Kiper Jr.  Now, Kiper has a supporter in Sanders’ father and college coach, Deion Sanders. Clips of Kiper bashing NFL teams for passing … Read more

Germany backs Trump’s push for 5% NATO defense spending target

Johann Wadephul (CDU), Federal Foreign Minister, makes a statement during an informal meeting of NATO foreign ministers. Sebastian Gollnow/picture alliance via Getty Images Germany is backing U.S. President Donald Trump’s call to increase the defense spending target of NATO members to 5% of their individual gross domestic product, German Foreign Minister Johann Wadephul said Thursday. … Read more

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