OKEx accelerates NFT adoption with DeFi Hub, NFT Marketplace

OKEx continues its commitment to the advancement of the crypto industry and decentralized finance with the launch of DeFi Hub

VICTORIA, Seychelles, Sept. 02, 2021 (GLOBE NEWSWIRE) — OKEx (www.okex.com), a leading global cryptocurrency spot and derivatives exchange, today announced the launch of a decentralized digital asset ecosystem, DeFi Hub. The platform currently features two core products: NFT Marketplace and DeFi Dashboard.

The NFT Marketplace is an end-to-end NFT platform built to empower creators and inspire collectors. Via the platform, anyone can buy, sell and trade NFTs directly, with zero fees paid out to OKEx. What makes NFT Marketplace even more unique is that anyone can use the platform to mint their own NFTs of any kind, using the OEC or Ethereum blockchains.

Newly minted NFTs will be available for sale on NFT Marketplace and creators are given the flexibility to set their own royalty fees. Signalling OKEx’s commitment to protecting the interests of creators, royalty fees for creators are then paid out to them in every subsequent transaction on NFT Marketplace’s secondary market. The NFT Marketplace also lets users import NFTs that have been generated on other supported platforms.

DeFi Hub also offers a way to view and manage decentralized assets across major blockchain networks and DeFi protocols. The DeFi Dashboard displays both a full portfolio view, as well as a separate view for digital collectibles.

“The NFT market is growing rapidly in popularity, creating a need for a comprehensive system for managing NFTs,” said OKEx Director Lennix Lai in a statement. He continued:

“With DeFi Hub, we’ve created an NFT Marketplace that will accelerate NFT adoption by making it easier than ever for anyone to create, exchange, and sell NFTs. We’re also thrilled to launch DeFi Dashboard to bring much-needed improvements to users’ visualizations of their cryptocurrency portfolios.”

About OKEx

Founded in 2017, OKEx is one of the world’s leading cryptocurrency spot and derivatives exchanges. OKEx has innovatively adopted blockchain technology to reshape the financial ecosystem and offers some of the most diverse and sophisticated products, solutions and trading tools on the market. With its extensive range of crypto products and services, its unwavering commitment to innovation, and its local operations to serve its users better, OKEx strives to eliminate financial barriers and realize a world of financial inclusion for all.

Contact us 

Vivien Choi / Andrea Leung

media@okex.com

Popular Rwandan Rapper Dies in Custody

A popular Rwandan rapper known as Jay Polly died in custody early Thursday, officials and media reports said, the second detained musician to die in mysterious circumstances in less than two years.

Polly, whose real name was Joshua Tuyishime, was being held on drugs charges and had just found out that he was due to stand trial in December.

The 33-year-old was taken to Muhima hospital in the capital Kigali at around 3:00 am (0100 GMT), its director Pascal Nkubito told AFP.

“He was in a bad shape and unresponsive. Doctors tried to revive him but he unfortunately died shortly after,” he said.

“The cause of death is not something I want to speculate about. We will know that after the post-mortem.”

The musician was arrested at his home in April for hosting a party in violation of Covid regulations and was later paraded along with other suspects in front of the media.

Police said Tuyishime and other defendants were found to be drinking and in possession of marijuana and fake negative Covid certificates. He had denied the charges but requests for bail were rejected.

Parties are strictly prohibited in Rwanda because of the coronavirus pandemic and thousands of people have been detained for breaking restrictions aimed at curbing the spread of the disease.

Some have been forced to spend the night in open-air stadiums and to listen to Covid-19 guidelines on loudspeakers, while others have been held for weeks in detention facilities.

‘Cultural icon’

Rwandans took to Twitter to pay tribute to Tuyishime, with one describing him as a “cultural icon who contributed so much to our music.”

In February last year, Kizito Mihigo, whose music was banned by the regime of President Paul Kagame, was found dead in his cell, just days after he was caught trying to flee the country.

Police said Mihigo, a survivor of the Rwandan genocide whose gospel songs angered Kagame’s government, had committed suicide by hanging himself from his cell window using bedsheets.

Mihigo, who was sentenced to 10 years in jail in 2015 for conspiracy against the government but later released on pardon, was captured trying to cross the border in Rwanda’s south.

He fell foul of the ruling Rwandan Patriotic Front in 2013 after composing songs that questioned the government’s tight control of the legacy of the 1994 tragedy.

His music, once popular among the ruling elite, was swiftly banned.

Two years later he was accused of terrorism and raising support for an opposition political movement and sentenced to 10 years in prison.

His lawyers said prosecutors had little evidence to jail him. He was released on presidential pardon in September 2018.

Mihigo and Polly are not the first figures to die in mysterious circumstances while in police custody in Rwanda.

Last year, a former director-general in Kagame’s office was found dead in a military jail after being sentenced to 10 years for corruption.

In 2015, Kagame’s personal doctor, Emmanuel Gasakure, was shot dead in custody by police.

Kagame, who has been in power since 1994, has been accused of ruling with an iron fist, clamping down on all forms of dissent and jailing or exiling opposition politicians.

Human Rights Watch (HRW), among other groups, has accused Kagame’s regime of summary executions, unlawful arrests and torture in custody.

Source: Voice of America

WHO Official: Africa to Miss COVID Inoculation Goal Because of Vaccine Hoarding

The World Health Organization reports Africa will fail to reach the global target of vaccinating 10% of vulnerable populations against COVID-19 in every country by the end of September.

WHO’s regional director for Africa, Matshidiso Moeti, blames the situation on what she says is the hoarding of life-saving vaccines by the world’s wealthier countries.

She notes African countries have received more than 143 million doses and inoculated 39 million people, or less than 3% percent of the continent’s population. This, she says, compares to more than 50% in the European Union and United States.

“Equally concerning is the continuing inequity in the distribution of doses. Africa accounts for just 2% of the over five billion doses given globally. This percentage, I’m afraid, has not shifted in months… If current trends hold, 42 of Africa’s 54 countries — nearly 80% — are set to miss the September target, I’m afraid.”

Africa’s third wave of the coronavirus peaked in July; however, WHO reports 24 of Africa’s 54 countries are still reporting high or fast-rising case numbers. The situation is particularly acute in west, central and east Africa.

The latest WHO figures put the number of coronavirus infections at nearly eight million, with more than 214,000 new cases reported this past week. Of the 196,000 Africans who have died from this infection, more than 5,500 lost their lives last week.

Moeti says the pandemic is still raging on the continent, noting every hour, 26 Africans die of COVID-19, the illness caused by the coronavirus. She warns people must not let down their guard, as they remain at risk of becoming severely ill or dying if vaccination rates remain low.

“With concerns about variants and political pressures driving the introduction of booster shots and countries with high vaccination rates expanding their rollouts to reach to lower-risk groups, our hope for global vaccine equity is once again being challenged,” she said.

Moeti says she is encouraged the pace of vaccine shipments to Africa is picking up but adds dose-sharing arrangements must continue to be improved. She says international solidarity remains key to the global recovery from this pandemic.

Source: Voice of America

Police Seek 73 Students Kidnapped in Nigeria’s Zamfara State

Police in Nigeria’s northwest Zamfara state say they are trying to rescue 73 students kidnapped by gunmen Wednesday. Within the last week, three other groups of kidnapped students in the northwest were freed, but only after large ransoms were paid.

The latest abductees included 53 male and 20 female students, all teenagers at a government secondary school in the remote village of Kaya. Police said a large number of bandits invaded the school and seized the students.

Zamfara state police spokesperson Shehu Mohammed said in a written statement that police and the military are on the trail of the bandits and have reinforced security in the village.

Following the attack, Zamfara state officials ordered closure of all primary and secondary schools in the state. They also imposed travel restrictions as well as a daily dusk to dawn curfew to prevent further attacks.

Zamfara is not the only state taking security measures in northern Nigeria, where kidnapping is rife these days.

Authorities in Kaduna, Niger and Katsina states have also introduced movement restrictions and are limiting sales of jerrycans and gasoline in a bid to stop bandits who often move around on motorcycles.

Sani Shuaib, a VOA Hausa service reporter in Zamfara state, said the movement ban is already having an impact.

“It involves all vehicles except military and security personnel. Immediately Zamfara announced it, Kaduna followed, Niger and then Sokoto too, I understand they’re planning to adopt similar measures and it has started biting hard,” said Shuaib.

But security expert Kabir Adamu said lack of accountability is the reason attacks on schools have lingered.

“The security departments don’t have monitoring and evaluation systems in place and so there’s no form of oversight or pressure on them to meet set targets. Even where there is clear failing, no one is held accountable,” said Adamu.

Armed gangs have kidnapped about 1,100 students from schools in northern Nigeria since December of last year.

The increase in crimes in the region is believed to be crippling economic activities and contributing to the poor standard of living there.

Last Friday, gunmen released 90 pupils from an Islamic seminary in Niger state where children as young as four were abducted and held for nearly three months.

Source: Voice of America