Author: News Room

Anchorage Digital has integrated its off-exchange settlement platform with Binance, allowing institutional clients to trade on the exchange while keeping their crypto and cash in qualified custody at the federally chartered US crypto bank rather than depositing assets directly onto Binance.Under the arrangement, institutions can use crypto assets or US dollar deposits held with Anchorage as collateral to meet Binance’s margin requirements without first transferring those assets onto the exchange. The companies said the model separates custody from trade execution, allowing assets to remain with an independent custodian until settlement.The service is initially available to select institutional clients and marks…

As the World Turns alum Colleen Zenk is facing DUI charges after an arrest in Florida. Multiple outlets confirmed that Zenk, 73, was arrested in May after a two-vehicle crash. The soap star was charged with two misdemeanors: DUI causing damage to property or another person and DUI with a blood alcohol level of 0.15 or higher. “The charges are being defended. Ms. Zenk has not been convicted of anything,” a rep for Zenk said in a statement to People. “The truth will be played out in court.” According to the arrest report, which was obtained by Soap Opera Network,…

The Lagos State Government has warned residents to prepare for more heavy rainfall and possible flash floods in the coming weeks, urging people living in flood-prone communities to relocate to safer areas as authorities intensify efforts to reduce the impact of flooding. The warning comes after days of persistent rainfall left several parts of the state flooded, submerging roads and homes, disrupting businesses and stranding commuters and motorists. The latest advisory follows Tuesday’s widespread flooding, which submerged major roads and residential areas across Lagos, including parts of Lekki, Victoria Island, Ikoyi, Maryland, Ikeja, Ikorodu and Ajah. The flooding disrupted commercial…

Nigeria’s recent transition to a shorter market settlement cycle, intended to accelerate the clearing of stock market transactions, has encountered an early setback after FTSE Russell paused the country’s upgrade to frontier market status. Following Nigeria’s upgrade earlier this year from an unclassified to a frontier market—effective from September—the organisation stated on Tuesday: “FTSE Russell announces that the reclassification of Nigeria is under review.” Until the reclassification this March, Nigeria had been excluded from frontier markets for thirty months, following a sharp devaluation of its currency and other FX reforms. The London-based global provider of market indices is placing the…

KAP Film & Television Academy and the Government of the Republic of Benin, through the Société de Productions Audiovisuelles S.A. (SOPA), have launched a Pan-African filmmaking bootcamp to train young filmmakers. The programme, known as the KAP-SOPA Pan-African Filmmaking Bootcamp, was unveiled on Monday during a press briefing in Cotonou, Benin Republic. According to the organisers, the initiative is designed to provide practical training for young creatives and prepare them for careers in the film and audiovisual industry. The fully sponsored 12-week programme will train 20 selected participants from the Republic of Benin. Partnership and background The initiative follows a…

President Bola Tinubu on Wednesday flagged off the construction of the fourth Legacy Project under his administration’s Renewed Hope Agenda and approved the immediate release of N111bn for the commencement of the 700-kilometre Akwanga-Jos-Bauchi-Gombe-Biu-Maiduguri Superhighway. The approval was announced by the Minister of Works, David Umahi, during the groundbreaking ceremony for Section One, Phase One of the project, a 125-kilometre stretch traversing Nasarawa, Kaduna and Plateau states. The project, one of the administration’s flagship infrastructure initiatives, is expected to link communities across the North-Central and North-East geopolitical zones, improve security, ease transportation and stimulate economic activities. The president, represented by…

Microsoft will likely soon follow Sony and stop the production of physical discs for Xbox games. But instead of leaving physical discs behind entirely, sources familiar with Microsoft’s plans tell me the company has quietly been working on a disc-to-digital feature that will allow Xbox owners to digitize their existing physical game collections.Xbox employees recently started testing this new feature, after references to “enable Disc2Digital” appeared in the Xbox PC app code in May. I’m told that Microsoft’s disc-to-digital feature will work on Xbox One and Xbox Series X discs only, and not those for the Xbox 360 or original…

Cryptocurrency ATMs are fast disappearing from the American landscape as kiosk operators in two US states face bans and restrictions as new laws go into effect.Crypto ATM laws passed by Tennessee and Georgia went into effect on Wednesday, imposing a complete ban in the former and requiring transaction limits and reporting in the latter. The measures by the two states followed bans in Indiana, which went into effect in March, and Minnesota, set to enforce an ATM ban on Aug. 1.The Tennessee law, signed by Governor Bill Lee in April, bans the use and installation of cryptocurrency ATMs and kiosks,…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Mary Jane flats may be mainstream, but Mary Jane sneakers? Now, that’s something a little out of our comfort zone. Here’s the thing: The trainers trend is one that we’ve been seeing all over New York City this season. Everyone from cool ‘It’ girls to fashion professionals to celebrities is donning the look, including Jennifer Lawrence, who just convinced Us to get a pair. The Die My Love actress may be known for wearing Adidas Adilette slides on repeat; however,…

Four civil society organisations have filed legal action against French energy giant TotalEnergies, seeking access to documents relating to the company’s planned divestment from its onshore oil interests in Nigeria’s Niger Delta. The organisations, including Friends of the Earth France, Hawkmoth, HEDA Resource Centre and Social Action International, announced the lawsuit on Wednesday in a joint statement shared with PREMIUM TIMES. They said their suit asked a French court to compel TotalEnergies to disclose documents that would clarify the terms of the proposed sale of its stake in the Renaissance joint venture. The organisations, supported by The Corner House and…