Business & Money

The World’s Biggest Black Market Isn’t Drugs — It’s the Economy We Choose Not to See

The biggest underground market on Earth is not controlled by cartels or arms dealers. It is the global shadow economy—a vast network of unreported business activity, cash transactions, tax evasion, and informal trade worth an estimated $12 trillion annually. As governments struggle to track hidden wealth and illicit finance, the world's largest economy may be the one that officially does not exist.

Kelp DAO Restores rsETH After $293M Lazarus Hack as DeFi Faces Renewed Security Fears

Kelp DAO says its rsETH token has been fully restored following a $293 million exploit linked to North Korea’s Lazarus Group, but the incident has reignited concerns about systemic risk, liquidity contagion, and security vulnerabilities across decentralized finance.

Weekly Crypto Movers

Block Street led this week’s crypto rally with a massive 130% surge, while Solana Name Service and ZIGChain also posted strong gains. However, tokens like KAIO and BUILDon faced steep losses as market volatility continued across the digital asset sector.

FG Opens ₦600bn Bond Offer to Boost Local Investment, Fund Budget Needs

Nigeria’s Federal Government has launched a fresh ₦600 billion FGN bond auction through the Debt Management Office to attract domestic investors, finance budget obligations, and strengthen the local debt market amid rising fiscal pressures.

Must read