Author: News Room
Binance and RedotPay are disputing whether a Singapore case related to their nearly $473 million Hong Kong legal battle is coming to an end.The stablecoin payments card issuer told Cointelegraph on Tuesday that it expects Binance to discontinue the Singapore proceedings following a hearing on Aug. 7. “RedotPay will be seeking legal costs arising from the discontinuance of the matter from the claimant,” a spokesperson for RedotPay said, adding that the parties would try to agree on costs.However, Binance said it has no plans to abandon its claims. “Reports that Binance will be withdrawing its Singapore claims are false,” a…
The Golden Bachelorette winner Chock Chapple has revealed that he underwent surgery to remove his prostate due to a recent cancer scare. “Elevated PSA. Biopsy, MRI, another biopsy. Turned aggressive. Last Wednesday I had my prostate removed,” Chapple, 62, who is engaged to Joan Vassos, captioned a Tuesday, August 11, Instagram video that was filmed alongside Vassos, 63, at his Wichita, Kansas, home. (PSA refers to prostate-specific antigen, described by the National Cancer Institute as a protein in the blood that is tested to ensure a safe level.) “Lost my mother to cancer. I know what’s at stake. My son…
Many Nigerians were quick to dismiss last year’s failed coup plot to topple the President Bola Tinubu administration as a ruse. Scanty information from the authorities, at best, painted only a hazy picture. Others who considered it probable scrambled for details but only got more puzzling questions than answers. Whether attempted, aborted or successful, coups are steeped in Nigeria’s history, leaving lasting impressions on its landscapes, and considerably shaping its trajectory. After 30 years’ break, another coup suddenly looming on the horizon last year jolted many who were conscious of its historical significance and implications for the nation’s future. The…
Super Falcons forward Asisat Oshoala has called on Nigerians to throw their weight behind the team as they face South Africa in a crucial 2027 FIFA Women’s World Cup play-off on Thursday. With Nigeria’s World Cup hopes now hanging in the balance, Oshoala believes the Super Falcons need the support of the nation more than ever as they fight to preserve their historic record at the global tournament. Nigeria lost their automatic qualification opportunity after suffering a 1-0 quarter-final defeat to Cameroon at the Women’s Africa Cup of Nations on Sunday. The result denied the 10-time African champions a place…
The Joint Admissions and Matriculation Board has cautioned prospective candidates against costly errors when creating their profiles for the Unified Tertiary Matriculation Examination or Direct Entry registration. JAMB stressed that one small mistake at the profile stage can create major problems later in the admission process. The Board stated this in a new advisory video released under its “JAMB Explained” series and posted on its X handle on Wednesday. The advisory, targeted at “fresh candidates”, highlighted errors in names and dates of birth as mistakes that could cause problems during the admission process. “Before you create your JAMB profile to…
A group of cryptocurrency companies has urged frontier artificial intelligence (AI) labs to give Bitcoin developers early access to their most capable models.The letter, published by the Bitcoin Policy Institute (BPI) on Monday, said many digital asset defenders, including Bitcoin Core developers, lack access to lab cyber programs and can be blocked by guardrails on publicly available frontier systems, leaving them to rely on less capable open-weight models.The signatories urged frontier AI labs to “establish or expand standing trusted-access programs for qualified defenders of open-source financial infrastructure.” The letter said open-source software supports critical digital and financial infrastructure, while Bitcoin (BTC)…
Roseanne star Michael Fishman has defended ABC’s decision to cancel the show’s reboot after its star notoriously posted a racist tweet. “Sadly, in this case, there was no joke and the show was rightfully cancelled,” Fishman, 44, said in a Tuesday, August 11, Instagram video that reacted to a fan comment that defended Roseanne Barr’s March 2018 post. “Good people make mistakes. And I love the one who made this mistake. I always will. I will always have compassion and love. And I’ve shown it continuously. And she helped the world understand that good people can make mistakes. But there…
The police command in Anambra State has arrested two suspected drug dealers and recovered suspected illicit drugs worth ₦6.2 million in Obosi, Idemili North Local Government Area of the state. Police also recovered N598,400 cash during the operation carried out by operatives attached to the Rapid Response Squad, Awkuzu. Tochukwu Ikenga, the police spokesman in Anambra, disclosed this in a statement issued on Tuesday in Awka. Mr Ikenga, a superintendent of police, said the operation followed directives by the Inspector-General of Police, Olatunji Disu, on sustained intelligence-led operations against criminal networks nationwide. He said the Commissioner of Police in the…
Tony Elumelu leaves UBA at the absolute peak of its institutional prestige, having permanently rewritten the narrative of African banking. As he steps forward into this next chapter of industrial leadership, energy transformation, and philanthropic impact, the global business community honours his legacy and eagerly anticipates the monumental milestones yet to come. When Tony O Elumelu, steps down as Group Chairman of United Bank for Africa (UBA) on 21 August, it will mark the end of one of the most defining chapters in modern African banking. Retiring after completing the maximum 12-year tenure limit for non-executive directors mandated by the…
Nollywood actress and filmmaker Omotola Jalade-Ekeinde has offered a rare glimpse into the economics behind cinema box-office figures, revealing that N22.28 million accrued to the producers of “Mother’s Love” despite the film grossing more than N103 million. Ms Jalade-Ekeinde, who made her feature directorial debut with the film, disclosed the figures in a video posted on her Instagram page on Tuesday night while giving an account of its theatrical performance. According to the 48-year-old, Mother’s Love ended its cinema run with a gross of N103,094,663. She said that after deductions for exhibitors, distributors, print and advertising, Value Added Tax (VAT), entertainment tax,…
