Flow
Ticketmaster selects Flow blockchain for minting NFT event tickets
According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation’s subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the NFT tickets will be for commemorative value. But aside from being used as mementos, they can also be used as proof of attendance at notable concerts. However, such virtual commemorative tickets are not valid for entry. One still needs to show a purchased ticket with a bar code from Ticketmaster or Live Nation for entry. As told by Live Nation, it selected the Flow blockchain based on its eco-friendly nature, claiming that creating an NFT on Flow uses less energy than doing a Google search or making an Instagram post. It is possib...
Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR
The United States jobs data on Aug. 5 was above market expectations, indicating that inflation has not cooled down. The strong numbers reduce the possibility that the U.S. Federal Reserve will slow down its aggressive pace of rate hikes. After the release, the likelihood of a 75 basis points hike in September has risen to 68%, according to CME Group data. However, analysts at Fundstrat Global Advisors have a different view. They highlighted that three out of six times, the S&P 500 bottomed out six months before the Fed’s last rate hike. Therefore, the firm anticipates the S&P 500 to witness a strong rally to 4,800 in the second half of the year. Crypto market data daily view. Source: Coin360 If the tight correlation between the equities markets and the cryptocurrency markets mainta...
Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria
Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram’s nonfungible token (NFT) features. Insta-made FLOW rally Meta CEO Mark Zuckerberg announced on Aug. 4 that Instagram had expanded its NFT support to 100 more countries in Africa, the Asia-Pacific, the Middle East and the Americas. As a result, more users can post digital collectibles minted on the Flow blockchain on Instagram. The high-profile integration helped FLOW surge 54% to reach an intraday high of $2.83 a token. Interestingly, the token’s massive upside move accompanied a spike in its daily trading volumes, confirming some weight behind the bullish trend. FLOW/USD daily price chart. Source: TradingView Like any blockchain native asset, the ups and...
Top 5 cryptocurrencies to watch this week: BTC, LINK, HNT, FLOW, ONE
Bitcoin’s (BTC) relief rally rose above $38,500 on Jan. 29, but the bulls are struggling to sustain the higher levels. For the past few days, Bitcoin’s sentiment has closely followed the U.S. equity markets. Hence, analysts warned traders to be careful and not to read much into any possible weekend rallies when traditional markets are closed because it could be a trap. However, analysts at trading suite Decentrader said in a recent report that a “near-term relief bounce” is possible. The report also highlighted that “meaningful buyers” were stepping in and that could result in “a potential change in the higher time frame trend from bearish to bullish.” Crypto market data daily view. Source: Coin360 The recent downturn in Bitcoin seems to have turned the JPMorgan analysts bearish as they be...
Lithuania begins building barrier on border with Belarus to block migrants
Lithuania began building a barrier along its border with Belarus on Friday after accusing Belarusian authorities of flying in migrants from abroad to send illegally into the European Union. The first stretch of barrier will run 500 metres (1,640 feet) in length, measure 1.8 metres (six feet) in height and consist of concertina and razor wire, the army defence chief’s spokeswoman Ruta Montvile told Reuters. Belarus in May decided to allow migrants to enter EU member Lithuania in retaliation for sanctions imposed by the bloc after Minsk forced a Ryanair flight to land on its soil and arrested a dissident blogger who was on board. “If someone thinks we will close our border with Poland, Lithuania, Latvia and Ukraine and will become a holding site for those running from Afghanistan, Iran, Iraq...
Edo deputy governor: Godfatherism bane of Nigeria’s democracy
The Deputy Governor of Edo State, Comrade Philip Shaibu, has blamed the advent of godfatherism in Nigeria’s politics as the bane of democracy in the country. This is even as he called for the removal of a bicameral legislature to reduce cost of running governance. Shaibu stated this on Saturday at the Government House in Benin, the state capital, while addressing hundreds of youths who were protesting alleged misrule in the country. The protesters under the aegis of Coalition of Civil Society Organizations, Students’ Unions and other concerned Nigerians, brandished placards of various inscriptions, as they joined others across the country to seek for good governance and sustainable democracy. The protest which commenced at 10 am, lasted for more than two hours and disrupted free flow of hu...
COVID-19: Hard choices made by Nigeria responsible for successful impact – President Buhari
President Muhammadu Buhari has said the hard choices made by his administration to tackle the coronavirus pandemic ravaging the world have yielded successful impacts. The president, who addressed Nigerians in a nationwide broadcast on Saturday to mark the 2021 Democracy Day, was referring to some measures, including travel restrictions across the states of the federation and beyond, compulsory use of nose masks, hand washing protocols and other relevant protocols instituted to limit spread of the virus. Mr Buhari said; “Our response to the pandemic involved making hard choices in balancing livelihoods and public health concerns. “You are all living witnesses to how successful this has been due to a number of proactive measures put in place. Our response to COVID-19 is globally acclaimed. “...
EFCC: Top government officials involved in illicit financial flows
The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country. The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad. The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Bawa, who was represented by the Head of Research Unit, Department of Policy Research a...
President Buhari seeks international support for peaceful transition in Chad
President Muhammadu Buhari Tuesday called on the international community to support a peaceful transition from military to democratic government in Chad. He made this known at a summit put together to discuss recent developments in Chad after the death of President Idris Deby last April. At the summit, Mr Buhari called on: “development partners and countries particularly France, the United States, United Kingdom, Germany, the Netherlands, and Russia; the United Nations, the African Union and the European Union, as well as other friendly and partner nations to support the transition framework put in place by Chad’s Transition Military Council led by General Mahamat Idris Deby.” ‘‘The need to support the Chadian government to effectively carry out its planned 18-month transition is sacrosanc...
Two ‘Bandits’ burnt to death in Niger
Few hours after 11 persons were kidnapped at Gauraka in the Tafa Local Government Area of Niger State, two suspected kidnappers were allegedly burnt alive by a mob in Madalla area of Suleja LGA of the state. Madalla is a few kilometers from Gauraka. The angry mob allegedly set the two suspected bandits on fire at about 10 a.m. yesterday. An eyewitnesses told newsmen that the suspected bandits were about to escape when the people in the area rounded them up and set them on fire with petrol and used tyres. It could not be confirmed if there was any link between the Gauraka kidnap incident and the burnt suspected kidnappers. In an early morning raid, bandits stormed Gauraka town in the Tafa LGA and kidnapped not less than 12 residents. The figure has now risen to 15, according to a credible g...
Pastor Enenche: Nigerian security chiefs now supervising mass killings, insecurity
Renowned gospel preacher, Pastor Paul Enenche, has decried the wave of killings and general insecurity in the land, saying that Security chiefs now supervising mass killings, insecurity in the country. Worried by the spate of violent attacks in different parts of the country during a prayer session in his church, Enenche accused the leadership of the country of complacency in the face of the worsening insecurity. The cleric in a viral video on Facebook monitored by in Abia cautioned those in authority to stop the flow of blood in the land or brace up for God’s wrath. Lamenting the inability of the country’s leadership to stem the tide of disturbing insecurity in Nigeria, the cleric declared that Nigeria is infested with weak and inept leadership. The cleric who was livid with the casualty ...
Ethiopia, Egypt and Sudan launch new Nile dam talks in DRC
A new round of African Union-mediated talks between Ethiopia, Egypt and Sudan has begun aimed at resolving a years-long dispute over a massive dam built by Addis Ababa on the Blue Nile, a main tributary of the Nile river. The three-day talks that kicked off on Saturday are taking place in Kinshasa, the capital of the Democratic Republic of the Congo, the current chair of the AU. Foreign and irrigation ministers of the three nations were attending the talks over the Grand Ethiopian Renaissance Dam (GERD), along with AU experts, according to Ethiopia’s Irrigation Minister Seleshi Bekele. A Sudanese diplomat was quoted as saying by The Associated Press news agency that the experts from the three countries and the AU met on Saturday, ahead of ministers who would meet on Sunday and Monday. He s...
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