Author: News Room
Japanese investment and Bitcoin treasury company Metaplanet’s securities arm, Metaplanet Securities, stablecoin issuer JPYC and tokenization infrastructure provider Progmat are tying up on a joint study on Bitcoin-backed digital credit products in Japan.The study involves using BTC as collateral and a credit enhancement tool combined with the Japanese yen-pegged JPY Coin (JPYC) stablecoin for settlement and payments, while security tokens will be used to manage holder rights, Metaplanet said Friday.The joint study will examine whether Bitcoin can be used as collateral or credit enhancement for digital corporate bonds and other credit instruments, with 24/7 accessibility, settlement and daily interest accrual…
Protein is having a cultural moment, and celebrities are cashing in. From Khloé Kardashian’s popcorn to Venus Williams’ plant-based shakes, a wave of star-backed nutrition brands is reshaping the snack aisle and turning macros into marketing. Understanding who is behind each brand, and what actually sets the products apart, helps shoppers cut through the hype. How the Celebrity Protein Boom Works The formula tends to be similar across launches. A celebrity partners with (or cofounds) a nutrition company, then builds the product around a specific protein claim. Sometimes the pitch is convenience. Sometimes it is a specific health angle like…
The abducted schoolchildren and teachers kidnapped from their schools by gunmen in Oyo State have regained their freedom, bringing to nearly two months of anxiety that forced public schools across the state to shut down and sparked widespread protests by teachers. Their release was displayed in a circulating video, where the teachers and children were thanking God, the country’s president, and security operatives. However, the Oyo State Commissioner of Police, Olugbenga Abimbola, confirmed the development to PREMIUM TIMES on Friday evening and said security agencies were still compiling details surrounding the victims’ release. “We are still working on the details.…
Nigeria international Benjamin Fredrick has set his sights on making his Premier League debut for Brentford after signing a new four-year contract and earning promotion to the Bees’ first-team squad. “My aim is to make my debut with the first team, get Premier League minutes and give my best when I have the opportunity,” the 21-year-old defender said, while reflecting on his ambitions for the season ahead. “I just want to keep pushing and learning every single day.” Fredrick, who has linked up with Keith Andrews’ squad during pre-season, signed his new deal, which includes a club option for a…
The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded investors of $722 million between 2014 and 2019.A court filing shows Matthew Goettsche’s attorneys wrote to New Jersey district court Judge Claire Cecchi on Wednesday, stating that the parties “reached an agreement in principle” to resolve the pending charges “but need time to finalize the terms.”Goettsche’s attorneys’ letter to New Jersey district court Judge Claire Cecchi. Source: Bloomberg LawThe filing came after the deputy attorney general’s office in Washington reportedly ordered the New Jersey attorney…
Jelly Roll’s estranged wife, Bunnie Xo, recently underwent a breast augmentation amid their ongoing divorce. “Well, let’s address the girls in the room. Your girl got her boobs done,” Bunnie, 46, began the Friday, July 10, episode of her “Dumb Blonde” podcast. “This is the new rack, guys. … I literally just got out of surgery three days ago.” In addition to receiving a pair of implants, Bunnie also “had some work done under [her] eyes.” “I lost 20 pounds, so my boobs just [shrunk] and they looked like ski slopes,” she quipped. “I was like, ‘You know, let me…
The National Working Committee (NWC) of the All Progressives Congress (APC) has formally unveiled Vice President Kashim Shettima as President Bola Tinubu’s running mate for the 2027 presidential election, putting an end to months of speculation over the composition of the party’s presidential ticket. The unveiling took place on Friday during a ceremony at the Continental Hotel in Abuja, where the presidential nomination forms of President Tinubu and Vice President Shettima were formally presented to the party. The nomination forms were submitted on behalf of President Tinubu by his Special Adviser on Political and Other Matters, Ibrahim Masari. APC retains…
There was jubilation across the country on Friday, as abducted pupils and teachers from Oriire Local Government Area in Oyo State regained their freedom after spending 56 days in captivity. This came as opposition parties, including the Peoples Democratic Party, the Allied Peoples Movement and the presidential candidate of the African Action Congress in the 2023 election, Omoyele Sowore, welcomed the safe return of the victims and called on the Federal Government to take decisive measures to prevent a recurrence and strengthen security across the country. Also, Senator Ali Ndume described the development as good news and urged the Federal…
We’re aware of at least two forged letters circulating on the internet, including this one, that purport to be cease-and-desist letters from our legal department. To be clear: these letters did not come from me or from anyone at Flock.Flock welcomes and encourages public debate about our technology. We have not and would not seek to discourage, prevent, or prohibit such discussion and debate. In fact, we would be happy to participate in any such discussions the group in question might host in the future.
Japanese lender CRYL has launched Bitcoin-backed loans of up to 1 billion yen ($6.2 million), allowing individuals and businesses to raise fiat currency without selling their BTC. On Thursday, the company announced that borrowers can access between $6,200 and $6.2 million at annual rates of 3.5% to 7%. The loans carry collateral ratios of 40% to 60%. They run for one year and can be used for expenses, including taxes, business funding and property purchases.The launch expands Japan’s small market for regulated crypto-backed financing. In 2020, Fintertech, a Daiwa Securities Group and Credit Saison joint venture, launched a similar service and…
