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The Oasis Protocol, a public blockchain with an eye on creating a more private and scalable version of decentralized finance (DeFi), has partnered with the compliance-focused Shyft Network. Announced Thursday, the partnership will deliver anti-money laundering (AML) strictures by leveraging elements of Shyft’s identity system and whitelisting of items/IP addresses, while also protecting users’ commercial and transactional data. There’s also a line to be walked on making DeFi compliant with the General Data Protection Regulation (GDPR), the companies said.  Oasis Labs, creator of Oasis Protocol, raised some $45 million in a private token pre-sale in 2018, backed by Andreessen Horowitz, Binance, Pantera and others. The Oasis mainnet, which went live in November, is a layer one blockchain that sets out to do the same sort of things as Ethereum, albeit in a way that is potentially more scalable. It also allows developers to run smart contracts that keep data private while allow

It is indeed a moment of joy and celebration for Nollywood actor and movie producer, Omogoriola Hassan, who has just been confirmed as the Olu of Uba Land, Imobi Kingdom. The actor had previously been installed as a king-elect of the land but a recent consultation with the oracle of the land has now confirmed his status as the one true king. Oba  Omogoriola  recently took to his official page on Instagram with a video that captured the moment chiefs of the town made an Ifa consultation to ascertain if he is the right candidate. According to him, the consultation became necessary as many have now resorted to using money and influence to snag traditional titles. In his words: "The office of an Ọba in Yoruba land is an hereditary office that is maintained by Royal families, but in order to be the one that is confirmed as an Ọba the chief priest and the town elders would perform an IFA consultation to confirm if they have the right person because many use influence and mon

Nigerian singer David Adeleke aka Davido has always made it known that he plans to retire from music in future and it appears he has now taken a step towards that goal. Just recently, the FEM crooner took to his page on Twitter with a tweet in which he noted that he is gradually becoming a member of his father’s Pacific Holdings company. Davido accompanied his post with a picture which appeared to have been taken within the premises of the company. Check out his post below: PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! The love and money is there - Man pleads with Davido to marry Chioma However, even though the singer is yet to make it official, a visit to the official website of the company shows that the singer has now been brought on board as a director. Davido’s name was listed alongside other executives in the company. His sisters, Sharon and Ashley, were listed as executive directors while the singer’s elde

China's Tianwen-1 Mars orbiter and rover are speeding toward the Red Planet and preparing to arrive on Feb. 10, the China National Space Administration (CNSA) has said. Tianwen-1 has been in space for nearly 24 weeks and was around 81 million miles (130 million kilometers) from Earth and 5.15 million miles (8.3 million km) from Mars on Jan. 3 Beijing time, according to CNSA. With all systems working normally, the spacecraft is due to enter Mars orbit on Feb. 10, according to China's CCTV news network. The five-ton spacecraft will perform a burn of its engines to slow it down enough to be captured by Mars" gravitational pull.  Related: China's Tianwen-1 Mars probe snaps epic deep-space selfie (photos)  China's Tianwen-1 Mars probe is seen by a tiny camera ejected from the spacecraft in a photo captured 15 million miles (24 million kilometers) from Earth. (Image credit: CNSA) Tianwen-1 will be about 118 million miles (190 million kilometers) away from the

There appears to be more gloom for XRP as Grayscale Investment announced that it had sold off all XRP tokens it was holding in its Digital Large Cap Fund. This news comes days after a report emerged that Grayscale had purchased a large number of XRP tokens at a much lower price. According to data from Cryptowhale, the firm had bought over 12 million XRP tokens on New Year’s eve. However, in what appears to be a twist in the decision of the leading crypto investment company, the firm has now decided to totally liquidate all XRP holdings in the large-cap fund. This decision might be connected to Genesis Global Trading, the solely authorized participant of the fund, who earlier announced that it would be suspending XRP tradings on its platform. Genesis cited the impending lawsuit between Ripple and Securities and Exchange Commission (SEC) as to why it has decided to stop trading the crypto asset from January 15, 2020. Grayscale made it known that the proceeds from the liquidat

Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total volume, with payouts making up $17.89 million. Internal peer-to-peer transfers made up $3.19 million of total volume, he added. Davoh did not reveal how much of the total volume constituted bitcoin (BTC)-denominated remittances. The CEO had not responded to questions sent to him at Press time. Bitsika, which allows users to buy and sell bitcoin, as well as to send or receive money in crypto or fiat, reported that revenue soared to $1.03 million in 2020 from just $329 in 2019. That’s a 312,000% increase year-on-year. To transact on the platform, users can deposit the Ghanaian cedi, Nigerian naira, U.S. dollar or the CFA franc, a currency used by 14 former French colonies in West an

The rise of wellness is nothing new, but this year has really made us take the time to focus on our health. Instead of working out to the point of exhaustion, people have taken a more holistic approach to their overall wellbeing, factoring in what makes them feel happy and healthy, rather than simply the quickest way to achieve washboard abs. It’s an attitude worth taking into the new year. Because really, everything in wellness boils down to what makes you feel good. And as the millions of women swept up in the latest sexual revolution know, that could also mean skipping a spin class in favour of a different sort of endorphin-boost entirely… Cellular fitness This year has been stressful, to say the least. Now, a new range of programmes measure the stress you’re under, and build an exercise routine around it. The aim is to avoid placing the body under further unnecessary stress when you’re close to burnout, but equally, to encourage you to push yourself when you can legitim