Core
Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy. Financial services platform B. Riley has offered Bitcoin (BTC) miner Core Scientific $72 million in financing to avoid bankruptcy and preserve value for Core Scientific stakeholders. B. Riley, a top lender to Core Scientific with $42 million in loans currently outstanding, outlined the terms of the financing agreement in a Dec. 14 letter noting it’s prepared to fund the first $40 million “immediately, with zero contingencies.” The finance platform suggested the remaining $32 million would be conditional on the BTC miner suspending all payments to equipment lenders while Bitcoin prices are below $18,500. The last time the price of Bitcoin was above $18,500 was on Nov. 9,...
Party In the Jungle: Tomorrowland and Zamna Festival Join Forces for CORE Tulum
One of the world’s most iconic music festivals is set to land in the lush jungles of Tulum. Thanks in part to its sumptuous locale, Tulum has emerged as one of the world’s top dance music destinations, locking horns with Ibiza and Mykonos, among others. It’ll now play host to the fabled Tomorrowland, who will assemble their fan-favorite CORE stage at the closing of Tulum’s paradisiacal Zamna Festival. Located in the heart of Tulum near a natural cenote, Zamna is the city’s most popular music festival. The event’s organizers are currently gearing up for its return to Mexico’s Quintana Roo jungle from December 31st to January 14th. c/o Tomorrowland Scroll to Continue Recommended Articles Tomorrowland debuted the eye-popping CORE stage,...
deadmau5 Reveals “Oberhasli” VR Game
Over a year after teasing a mysterious VR project on Instagram, deadmau5 has unveiled Oberhasli at gamescom’s Opening Night. Curated by deadmau5 himself, Oberhasli is a virtual reality game that will contain a consistently evolving world of music, environments, and other interactive content for players. It will have in-game communication features, such as playing other games, listening to live music performances, socializing, and engaging with artists. “Creating a world like Oberhasli has been a vision of mine for years now, but I quickly discovered how daunting it can be to create a multiplayer experience as a solo developer,” deadmau5 said in a press release. “The amazing thing about Core is that anyone can jump in and create content regardless of experience o...
You Can Win a Lifetime Spot on deadmau5’s Guest List in New Video Game Contest
deadmau5 and Lights are teaming up with the video game Core for a contest featuring a number of wild prizes. The creative session is in honor of the artists’ latest collaboration “When The Summer Dies.” For those unfamiliar with Core, it’s far from your traditional video game. It’s actually not even a game half of the time, but rather a platform that lets you create your own games and visual art, and share them with the world. Creators will have a chance to have their work featured in the upcoming music video for the new song. Players are tasked with creating worlds that fit four specific themes: War-Torn, Cyberpunk/SciFi, Abandoned Stages, and Dystopian. Core‘s developers shared a video on their YouTube channel explaining the details of the in...
Chris Alao-Akala, Sunday Dare applaud Senator Ajimobi’s legacies
Former Gov. Christopher Adebayo Alao-Akala of Oyo State and Minister of Youth and Sports Development, Mr Sunday Akin Dare, have applauded the late former Governor of the state, Sen. Abiola Ajimobi’s legacies. The duo, in their separate statements made available to newsmen on Friday, described the late former governor as a focused and committed statesman. Newsmen report that Ajimobi died on June 25, 2020, following reported complications arising from COVID-19 infection. Ajimobi, who died at the age of 70, was the first civilian governor to rule the state for two consecutive terms. NAN also reports that the late Ajimobi was, until his death, the Aare of Ibadanland and Deputy National Chairman (South) of APC. Alao-Akala, in a statement signed by his Media Aide, Tolu Mustapha, said that he now...
IPPIS: Nigerian government suspends 331 civil servants’ salaries
The federal government says it has suspended the salaries of 331 civil servants for failing to update their Integrated Personnel and Payroll Information System (IPPIS). Mahmuda Mamman, Permanent Secretary, Career Management office, announced in a statement issued by Abdulaganiyu Aminu, spokesman for the Head of the Civil Service of the Federation (HOCSF) on Saturday in Abuja. Mr Mamman had signed the circular of the suspension on behalf of the HOCSF, Folasade Yemi-Esan. It added that the circular was addressed to all permanent secretaries, accountant-general of the federation, and the auditor-general of the federation. “The salaries of 331 federal civil servants have been suspended on the IPPIS platform for their failure to carry out the online records update of the HR Module of Integrated...
Twitter pushes back on ban by Nigerian government
Micro blogging social platform, Twitter, has pushed back on ban by the Federal Government. It described it as brazen affront on citizens fundamental human rights and advised its users and other social media platforms in the country to download virtual private networks (VPNs) to enable them continue to use the platforms for their economic survival and social and political engagements while the “push back on this draconian order by the Nigerian government.” In a statement, Twitter said: “Today, the 4th of June 2021, the Federal Government of Nigeria announced its suspension of Twitter operations, that the application can be used as a platform for activities capable of undermining Nigeria’s corporate existence. “Many Nigerians read the announcement of the ban on Twitter as a reflection of the...
Cameroon boss satisfied with win over Super Eagles
Indomitable Lions of Cameroon head coach Antonio Conceição is happy with the performance of his players in Friday’s 1-0 friendly win against Nigeria. Zambo Anguissa netted the winning goal for the five-time African champions in the 37th minute. The win was Cameroon’s first in 21 years against one of their perenial foes. “The arrival of young players brings competitiveness. The team is strong and motivated. We have the big core of the team that will play the next round with Cameroon ,” Conceiçao said after the game. “The group is living well and they have welcomed the new arrivals. I am satisfied with all the services they have shown me in terms of training, I am very confident that he gives us a good response on the pitch. ” Get more stories like this on Twitter You Deserve to Make Money E...
Ramadan: Israel, Palestinians clash on Gaza border as Jerusalem violence continues
Palestinian militants in the Gaza Strip fired dozens of rockets into Israel on Saturday drawing retaliatory air strikes, the Israeli military said, after nightly Ramadan clashes between Palestinians and Israeli police had resumed in Jerusalem. The pre-dawn exchange of fire broke months of relative quiet on the Israel-Gaza frontier, though it did not appear to signal a wider escalation after the military said it was not imposing any safety restrictions on Israelis living near the border. In Jerusalem, Israeli-Palestinian tension has been higher than usual during the Muslim holy month of Ramadan. Protests turned violent on Thursday with scores of arrests and injuries. The unrest resumed on Friday night, when Palestinian youths gathered outside the walled Old City and scuffled with hundreds o...
PSG president replaces Juventus supremo as ECA chairman
Paris Saint-Germain president Nasser Al-Khelaifi has been appointed as the new European Club Association chairman, replacing Andrea Agnelli in the wake of the Juventus executive’s departure. Agnelli stepped down from the ECA in response to the formation of the Super League, assuming the role of the new competition’s chairman. Although the Super League is not set to go ahead, Al-Khelaifi has been named as Agnelli’s replacement after his club resisted an invite to join the new competition. “I am honoured and humbled to have been appointed by my fellow ECA Executive Board Members as Chairman,” he said in a statement. “The leadership, integrity and togetherness of our organisation has never been more required than at this pivotal moment in European football. “I will provide my unconditional co...
RCCG apologises to minister over Osun road project
File Photo Minister of Works and Housing, Babatunde Raji Fashola (SAN), on Thursday, dismissed alleged payment of N151million to a firm for a road rehabilitated by the Redeemed Christian Church of God (RCCG) in Osun State. Fashola in his submission before the Senate Committee on Ethics, Privileges and Public Petitions, probing the allegation, said the claim by the church was untrue. He said the 15-kilometer road was awarded to Messrs Cartil Construction Nigeria Limited at the cost of N662.7million by the Federal Government in 2011. He said the Ministry paid N99million as 15% mobilisation fee and N52million to the contractor after the firm achieved 26.2 per cent of work done on the road in March and December 2011, respectively. He insisted that the award of the contract and the subsequent p...
Anglican Primate expresses confidence in Enugu governor’s leadership qualities
The 5th Archbishop, Metropolitan and Primate of the Church of Nigeria (Anglican Communion), Most Rev. Henry Chukwudum Ndukuba, has expressed the Church’s confidence in the leadership qualities of Governor Ifeanyi Ugwuanyi of Enugu State. Primate Ndukuba told Gov. Ugwuanyi that “you are one of the young men in politics we can look up to and have confidence that this nation has a future”. Speaking when he led his entourage to the Government House, Enugu, on a courtesy call, ahead of the grand opening ceremony of the Church’s 5-day conference, holding at the University of Nigeria Nsukka (UNN), the Primate expressed delight at Gov. Ugwuanyi’s commitment to God, peace and good governance in Enugu State. The cleric, who offered prayers for Gov. Ugwuanyi and the state, also told the governor that...
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