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Nifty news: Sandbox LAND on Polygon, ETH gain a tax loss and more…

Popular Ethereum-based Metaverse gaming platform The Sandbox has unveiled a bridge that enables users to transfer their virtual NFT LAND and native SAND tokens over to Layer-2 network Polygon (MATIC). While The Sandbox will live on Ethereum for the most part, the platform has emphasized that conducting SAND and LAND transactions on Polygon will result in lower gas fees, faster transaction speeds and greener interactions on the blockchain. The firm stated via Twitter on June 29 that it is now ready to start deploying LAND on Polygon, and users will be able to receive a 10 mSAND cashback worth roughly ($10.60) on LAND ported over to the Layer 2. We are ready to deploy LAND to @0xPolygon Each LAND bridged grants a 10 mSAND cashback!LAND multipliers on both mSAND staking programs are back!LAND...

The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership

Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals. SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on Friday. In contrast, Bitcoin (BTC), dropped 1.41% within the same timeframe. SAND/USD daily price chart. Source: TradingView SAND adoption booms Traders decided to increase their exposure to SAND after the Sandbox announced partnerships with American rapper Snoop Dogg and Warner Music, a major record label. On Jan. 27, Snoop Dogg tweeted a teaser of what appeared to be his upcoming nonfungible token (NFT) collection, dubbed ...

Two arrested in Gombe over fertiliser adulteration

The Gombe State Police Command has arrested two suspects for buying and selling adulterated fertiliser in Gombe, the state capital. According to a statement issued by the Command’s Public Relations Officer, SP Mary Malum, in Gombe on Friday, the arrest was made on July 4. Malum said the arrest was made by Police detectives attached to the State Criminal Investigation Department that acted on credible intelligence. She said the suspects were “one Ibrahim Salisu, 26 years from Marke village, Kankara LGA, Katsina State and one Maina Bukar, 46 years from Biu LGA, Borno State, who is the buyer here in Gombe State”. According to the PRO, the suspects had confessed to have been in “this dirty and unlawful business where the said Ibrahim Salisu who is the supplier brings the unbranded and misbrand...

Suez Canal reopens after stranded ship is freed

Traffic has resumed in Egypt’s Suez Canal after a stranded container ship blocking it for nearly a week was finally freed by salvage crews. Tug boats honked their horns in celebration as the 400m-long (1,300ft) Ever Given was dislodged on Monday with the help of dredgers. Hundreds of ships are waiting to pass through the canal which links the Mediterranean to the Red Sea. It is one of the world’s busiest trade routes. Peter Berdowski, CEO of Dutch salvage company Boskalis, said the Ever Given had been refloated at 15:05 (13:05 GMT) on Monday, “thereby making free passage through the Suez Canal possible again”. Egyptian officials say the backlog of ships waiting to transit through should be cleared in around three days, but experts believe the knock-on effect on global shipping could take w...

Traffic in Suez Canal resumes after stranded ship refloated

Shipping traffic through Egypt’s Suez Canal resumed on Monday after a giant container ship which had been blocking the busy waterway for almost a week was refloated, the canal authority said. The 400-metre (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday, halting traffic on the shortest shipping route between Europe and Asia. Live footage on a local television station showed the ship surrounded by tug boats moving slowly in the centre of the canal on Monday afternoon. The station, ExtraNews, said the ship was moving at a speed of 1.5 knots. “Admiral Osama Rabie, the Chairman of the Suez Canal Authority (SCA), announces the resumption of maritime traffic in the Suez Canal after the Authority successfully rescues and ...

Chad president kicks off campaign for sixth term

President Idriss Deby of Chad kicked off his campaign for a sixth term on Saturday, calling for unity after rival protests were banned. The first rally since the start of the official election period on Thursday was held by Deby’s Patriotic Salvation Movement (MPS) at a packed stadium in the capital, N’Djamena. Deby, who has ruled for 30 years and is widely deemed a shoo-in for another term, said he had fought for national unity, while also drawing a line in the sand for his opponents. “People must know that democracy is not synonymous with disorder,” the incumbent warned. “Those who believe that should go elsewhere.” On Thursday, three opposition candidates quit the race ahead of the April 11 ballot with one of them — Mahamat Yosko Brahim — saying the climate was “not favourable for fair ...

Ondo Amotekun arrests illegal gold miners

The Ondo State Security Network also known as Operation Amotekun has announced the arrest of persons involved in illegal gold mining activities in the state. The suspects, according to the commander of Amotekun, Adetunji Adeleye, were arrested at different locations in Owo forest reserves on Sunday. He gave the names of those arrested as Shuaibu Yahaya, Habbi Usman, Kabiru Waheed, Mohammed Nurudeen, Mohammed Sulaman, Ali Mustapha, Ismaila Wahab, Musa Zeehed, Gabbar Musa, Sule Adamu, Abba Suleman, Usman Kabiru, Yahaya Danladi and Usman Ali Zekeri. The Amotekun official told journalists in Akure, Ondo State, on Monday that the suspects were arrested while operatives were enforcing the order given by Governor Rotimi Makinde that all illegal occupiers of forests reserved should vacate. “The ar...

Why Kano governor’s aide gave me donkey – beneficiary

Following recent reports that an aide to governor Abdullahi Ganduje of Kano state, Murtala Gwarmai has shared donkeys to some rural dwellers, a beneficiary says he demanded for it to assist his day to day activities and business that include moving sand and rocks from one point to the other. The post Why Kano governor’s aide gave me donkey – beneficiary appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Stock market volatility hits Norway’s sovereign wealth fund

Norway’s Central Bank on Tuesday said its pension fund lost 188 billion kroner ( 21 billion dollars equivalent) in the first half of 2020 amid stock market volatility during the coronavirus pandemic. The bank said the return on the sovereign wealth fund fell by 3.4 per cent during the January-to-June period. The Deputy Chief Executive of Norges Bank Investment Management, Trond Grande, said there were major fluctuations in the equity market. “The year started with optimism, but the outlook of the equity market quickly turned when the coronavirus started to spread globally. “The sharp decline in global stock markets during the first quarter is, however, limited by a massive monetary and financial policy response. “Even though markets recovered well in the second quarter, we are still witnes...