The IMF highlights Nigeria's massive stablecoin adoption, with $59 billion in crypto inflows from July 2023 to June 2024, driven by naira depreciation and restrictive banking policies. This surge risks undermining the Central Bank of Nigeria's monetary control as stablecoins, pegged to the USD, become a preferred medium for transactions and savings. The IMF advises a balanced regulatory approach to foster innovation while enhancing oversight, noting that outright suppression of stablecoins will be only partly effective. Nigeria's regulatory shift, including the launch of the naira-pegged stablecoin cNGN, signals a move toward managed integration rather than prohibition, impacting crypto regulation across Africa.
Air Comm, a leading provider of wireless communication and security technology, has opened a new office in Farmers Branch, Texas, expanding its presence in the Dallas-Fort Worth area. This new location enhances Air Comm's ability to offer faster loca...
Metallium Limited has successfully operated three Flash Joule Heating units simultaneously at its Texas facility, marking a key milestone in scaling its proprietary technology. The operation achieved 83% availability and nearly 100% utilization, exce...
iRhythm Holdings disclosed a cybersecurity breach involving unauthorized access to data on third-party business applications. Hackers claimed to have sensitive company and patient information and demanded payment to avoid public release. The company ...
On June 15, 2026, BlackRock, Inc. and its funds reduced their total holdings in Orion Corporation to below 5% of the company's shares and voting rights. This change was disclosed under the Finnish Securities Market Act, indicating a decrease from a p...
BlackRock, Inc. has reported that its direct and indirect ownership in Orion Oyj has dropped below the 5% threshold as of June 15, 2026. This change requires a formal disclosure under Finnish securities law. The reduction in BlackRock's stake may aff...
