Author: News Room
US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to Iran on Tuesday, as hostilities ramped up in the Middle East. Earlier on Tuesday, blockchain investigator Specter pointed to onchain data showing Tether froze four Tron wallets holding $131 million worth of USDt (USDT). Bessent confirmed on X that the wallets were tied to the Central Bank of Iran. “US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” Bessent said Tuesday. “We will continue to aggressively follow the money…
Two parents in Kansas were arrested after they allegedly left six children in a hot car parked outside of a restaurant on one of the hottest days of the year. The Salina Police Department said that officers learned of the incident when they received a call around 2 p.m. on Wednesday, July 8, reporting that children had been left alone in a vehicle with only one window cracked, according to KSLA. The children had been left in the car for between 20 to 30 minutes, according to police. By the time that officers reported to the scene, the outside temperature…
The President of the Senate, Godswill Akpabio, has said the National Assembly may amend aspects of the Electoral Act 2026 after recent political developments exposed what he described as unintended consequences of the law for serving lawmakers seeking re-election. Mr Akpabio spoke on Tuesday at the opening of the 2026 National Assembly Open Week and the presentation of the 10th National Assembly’s Third-Year Legislative Scorecard in Abuja. His remarks come weeks after several senators and members of the House of Representatives failed to secure their parties’ tickets during primaries ahead of the 2027 general elections. The Senate President said while…
A viral protest by airport cab drivers has shifted attention from disputed vehicle requirements to deeper concerns over Federal Airports Authority of Nigeria’s digital taxi reform, exposing tensions between transport modernisation, stakeholder inclusion and operational realities, writes OLASUNKANMI AKINLOTAN A viral video of distressed airport cab drivers appealing to President Bola Tinubu over what they believed was a directive requiring them to acquire 2020 model vehicles has sparked broader debate over FAAN’s latest push to modernise airport ground transportation. While the appeal centred on the cost of acquiring newer vehicles in an economy weighed down by inflation and dwindling purchasing…
The European Central Bank is moving the digital euro from planning into testing, with dozens of payment companies joining the next stage of the project.The ECB selected 36 payment service providers (PSPs) to participate in a digital euro pilot, according to an official announcement published Tuesday.The list of selected PSPs includes fintechs Stripe and Revolut alongside traditional banks including Deutsche Bank, UniCredit and BPCE. Revolut has recently adjusted some cryptocurrency services for EU users by phasing out support for Tether USDt.The pilot comes as governments take different approaches to digital currencies. While Europe is expanding testing of its proposed central…
The Bachelor alum Courtney Robertson is opening up about her decision to file for divorce from estranged husband Humberto Preciado. “I really took marriage seriously. I never stepped out on my marriage,” Robertson, 43, claimed on the Saturday, July 11, episode of her “After Reality” podcast. “That was the scary part about getting married. Like, oh my God. I’m just going to be with one guy for the rest of my life.” In her candid podcast episode, Robertson claimed Preciado, 47, had “inappropriate talk to women.” “This is not what I signed up for. It was always [that] I was…
The House of Representatives on Tuesday withdrew its earlier approval of a constitutional amendment bill seeking to establish state police, paving the way for a fresh consideration of a revised executive proposal transmitted by President Bola Tinubu. The lawmakers also passed the new Executive Bill for second reading during plenary. The decision followed the adoption of a motion moved by the Chairman of the House Committee on Rules and Business, Francis Waive (APC, Delta), who invoked Order Nine, Rule 6 of the House Standing Orders to seek the reversal of the chamber’s previous resolution. Mr Waive reminded lawmakers that the…
The Federal Government has expressed readiness to partner with credible investors to address Nigeria’s housing deficit, saying it is willing to provide land across the country for mass housing projects. The Minister of Housing and Urban Development, Muttaqha Darma, disclosed this on Tuesday in a statement issued by the ministry’s Director of Press and Public Relations, Badamasi Haiba, after a Chinese delegation, led by its Chief Engineer, Lewis Chima, sought a partnership with the Federal Government to deliver large-scale affordable housing across the country. Darma commended the company for its interest in investing in Nigeria’s housing sector, noting that the…
Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March. Staking revenue accounted for 98% of total revenue for the three months ended May 31, far outpacing the $624,000 from self-mining Bitcoin (BTC) and the $168,000 from consulting services, according to Bitmine’s latest 10-Q filing. On Monday, Bitmine said it had staked 85% of its ETH holdings, equating to around 4.9 million Ether (ETH). “Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and…
UFC superstar Conor McGregor is revealing the next steps in his mixed martial arts career following his shocking 69-second loss to Max Holloway at UFC 329 on Saturday, July 11. “Surgery. Prehab. Return to martial arts practice. Go again. Final fight of the contract. Please God!” McGregor, 38, shared via Instagram on Monday, July 13. McGregor’s comeback dreams hanging on his fight against Holloway, 34, were cut short when McGregor suffered a leg injury just over a minute into the bout. “My faith is unconditional and I am thankful I get to prove it!” McGregor wrote. “My lifestyle changes are…
