UNO
Automation opens up pathway to a simplified, more user-friendly DeFi
Few doubt the potential that DeFi has to redefine crucial aspects of finance for all. But, as it stands, using DeFi platforms and protocols is often time consuming and anything but easy. One of the biggest draws of DeFi are the yields users can earn on farming and staking protocols. However, the yields on offer are constantly changing, meaning crypto enthusiasts need to stay locked to their screens to ensure they aren’t missing out. Given the 24-hour nature of this fast-moving industry, keeping on top of things is often easier said than done. Some protocols are also pretty difficult to use, requiring users to monitor a plethora of different pools. And even when you find the best returns that the market has to offer, the process of manual compounding can be quite tedious. In search of...
US sanctions 11 entities for aiding Iran’s oil sector
The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping Iran export petroleum products . The new designations of companies and executives include six under the Treasury Department’s authorities and five under the State Department. All are based in Iran, the United Arab Emirates (UAE) or China. The State Department’s sanctions target Iran-based Abadan Refining Company; China-based Zhihang Ship Management, New Far International Logistics LLC and Sino Energy Shipping; and UAE-based Chemtrans Petrochemicals Trading. The department also imposed sanctions on New Far executive Min Shi, Sino Energy executive Zuoyou Lin and Abadan managing director Alireza Amin. “All entities targeted today contin...
Man jailed five years for trafficking 18-year-old girl to Libya for prostitution
Twitter A 66-year-old man was on Thursday sentenced to five years imprisonment by a Federal High Court, Makurdi, Benue State, for trafficking an 18-year-old lady to Mali for forced labour and prostitution. The man, Lawrence Ogonna, was said to have connived with some other people who are currently at large to trafficked the said teenager from Makurdi to the North African country. Justice Hassan Dikko of the Federal High Court found the man guilty of a three-count charge of organising foreign travels for prostitution and assisting to traffic the victims contrary to sections 18 and 13(4)(c) of Trafficking in Perons (Prohibition) Enforcement and Administration Act of 2015. He was dragged to the court by the National Agency for the Prohibition of Trafficking in Persons. He, however, got an opt...
