Author: News Room
Malta’s financial regulator has issued a discussion paper outlining a potential legal framework for decentralized finance (DeFi), including recognition of decentralized autonomous organizations (DAOs), as European policymakers continue to grapple with how to regulate blockchain-based financial services.On June 12, the Malta Financial Services Authority (MFSA) opened a public consultation on DeFi under the European Union’s Markets in Crypto-Assets (MiCA) regulation. The paper invites industry feedback through July 10 and proposes a new legal category for so-called “software-based organizations,” which would encompass DAOs and other software-governed DeFi entities.Rather than treating DAOs as a standalone legal concept, the MFSA suggests recognizing them…
A Wisconsin woman was arrested for allegedly setting her ex-boyfriend’s barn on fire after she learned he was talking to another woman. Donna Jo Franklin has been charged with one count of arson of a building without the owner’s consent with an increased penalty because the victim is elderly. The Sturgeon Bay Police Department confirmed via Facebook that Franklin, 59, was arrested after the event took place on June 10. Police and firefighters responded to the scene just before 9 p.m., and fire officials launched an investigation into the cause of the fire. It was then determined that the fire…
The Lagos State High Court in Ikeja has declared Adenike Ajayi as the sole lawful widow of the late founder and Chief Executive Officer of First Foundation Hospital, Tosin Ajayi, a popular medical doctor. a pivotal judicial decision in the long-running dispute over his marital status and estate.Delivering judgement on Wednesday, the judge, Oluwayoyin Odusanya, granted all the prayers out forward by Mrs Ajayi and her children. The judge dismissed the competing claims filed by former beauty queen, Helen Prest, who also asserted that she was married to the late medical doctor. The ruling was a decisive judgement in a…
Snap’s new smart glasses are probably the most impressive bit of face-computer technology we’ve seen. They’re not VR-headset huge; they don’t have a big charging puck; thanks to Snap’s many years of AR lens development, they’re likely to have a lot of features right out of the box. (Yes, they’re $2,195, but that may just be what all this tech costs right now.) Snap is clearly at the front of this race.And then… you see the pictures. The pictures of Snap CEO Evan Spiegel wearing the new Specs, as the enormous and heavy stems smash down on his ears. The…
Canadian fintech Wealthsimple is launching a prediction markets app powered by Kalshi, giving that country’s retail investors access to thousands of event-based contracts following regulatory approval earlier this year.The standalone app, called Wealthsimple Predict, is scheduled to launch this summer and will offer Canadian users access to about 4,000 event contracts listed on Kalshi across categories including financial markets, economic indicators and climate.Source: KalshiThe Canadian Investment Regulatory Organization (CIRO) in March authorized the firm to offer prediction market contracts tied to those categories. It is the second investment dealer authorized by CIRO to offer prediction market trading in Canada. The…
Tyra Banks will be returning to Project Runway as a recurring judge amid her lawsuit over Netflix’s America’s Next Top Model docuseries. Hulu released the official trailer on Thursday, June 18, in which Banks, 52, was seen joining judges Heidi Klum, Law Roach and Nina Garcia, as well as season 4 winner Christian Siriano, who returns as a mentor, for season 22 of the hit competition series. Banks previously appeared on Project Runway as a guest judge in season 21. Her return comes after news broke that she filed a lawsuit against Netflix following backlash over her participation in its…
The opposition African Democratic Congress (ADC) has alleged that the Ekiti State Government recently blocked it from using the Ekiti State Pavilion for its campaign grand finale. ADC South-west Zonal Chair Akinbowale Omole alleged a blockade of the party’s final rally scheduled for the Pacilion. It was later held at its campaign office in Ado-Ekiti, the state capital, on Thursday. Mr Omole said that the party had applied to use the government facility, which it described as the state’s equivalent of Abuja’s Eagle Square, for the campaign grand finale. Still, he was denied despite the venue being empty. The ADC…
The Federal Government has released guidelines to govern the transition from Nigeria’s repealed tax laws to the new tax framework that came into effect this year. The guidelines, issued on Thursday by the Federal Ministry of Finance, are intended to clarify how tax obligations, audits, disputes, incentives and filings that span both the old and new systems will be handled during the transition period. The new tax regime took effect on 1 January 2026 following the enactment of a package of tax reform laws aimed at modernising revenue administration and improving compliance. According to the ministry, liabilities, audits, investigations, disputes…
The leaders who shape Africa’s future will not necessarily be those who speak the loudest. They may be those who listen most deeply. Those who create spaces where people feel seen. Those who remain curious when others become certain. Those who choose reflection before reaction. Those who understand that leadership is not perfect performance but a practice of becoming. Africa does not suffer from a shortage of leaders. Across our continent, leadership is visible everywhere. We see it in politics, business, civil society, entrepreneurship, faith communities, and social movements. We see it on conference stages, in strategic plans, on social…
The 40-year-old movie star, popularly known as ‘Chief Ikuku’, was buried at his family residence located at 7 Ekubo-Okwaraeke Avenue, Aziukwukwa, Ujari Village, bringing a solemn close to his week-long funeral rites. The final burial followed a funeral service held earlier that morning at Mary Slessor School in Amanagwu Village, Arochukwu. PREMIUM TIMES reported that the actor died on 11 May at Evercare Hospital in Lagos following a private battle with advanced metastatic kidney cancer. The all-white procession As arranged by the Ekubo-Okwaraeke family, most mourners wore white to celebrate what they described as “a life beautifully lived and deeply…
