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Senator Cherargei Calls for Arrest of Saba Saba Protesters, Labels Demonstrations as Domestic Terrorism Nandi Senator Samson Cherargei has strongly urged law enforcement authorities to track down and arrest all individuals who took part in or supported the recent Saba Saba demonstrations that led to destruction of property. He also wants those responsible to face charges and be convicted accordingly. In his statement on Tuesday, July 8, Senator Cherargei said those behind the violent activities during the protests should face serious legal consequences. He called for them to be charged with domestic terrorism, accusing them of economic sabotage, attempting a…
Fresh Protests Break Out in Embu Following Arrest of MP Gitonga Mukunji After Saba Saba Day Fresh demonstrations have erupted in Embu town after the arrest of Manyatta Member of Parliament, Gitonga Mukunji, on Sunday, July 7. He was taken into custody in connection with violence that broke out during Saba Saba Day protests. Residents are now demanding his immediate release, expressing anger over what they describe as an unfair arrest. The MP was reportedly detained at the height of the demonstrations, which took place across several parts of the country. According to an image viewed by Newshub.co.ke on Tuesday,…
An NFT collateralized loan is a type of loan where a borrower uses their non-fungible token (NFT) as collateral in exchange for receiving money—usually in cryptocurrency, but sometimes in fiat. The borrower temporarily hands over control or ownership of the NFT to the lender or platform. If the loan is repaid as agreed, the NFT is returned. However, if the borrower defaults, the lender has the right to keep or sell the NFT to recover the loan amount. How Do NFT Collateralized Loans Work? The process is similar to using physical assets like fine art or jewelry as loan collateral:…
NFT lending is a process that allows owners of NFTs (nonfungible tokens) to borrow money by using their NFTs as collateral. This practice is gaining popularity as it helps investors unlock liquidity from their digital assets without having to sell them. It’s becoming a valuable option for those who want to access funds while still holding onto their NFTs. What Is NFT Lending and Why Is It Useful? NFTs are unique digital items that can represent anything from art and collectibles to virtual land or in-game items. Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible and easy to trade…
A non-fungible token (NFT) is a unique digital token that represents ownership of something like digital art, collectibles, or even real-world items such as real estate or music. Unlike cryptocurrencies like Bitcoin or Ethereum, NFTs cannot be exchanged on a one-to-one basis because each NFT is different from the other. What Is an NFT? NFTs are special digital assets created using blockchain technology. They act like digital certificates of ownership for items such as artwork, videos, music, photos, or even tweets. When someone “tokenizes” something—like a picture or video—it means they turn that item into a digital asset by linking…
In the world of decentralized finance (DeFi), Bitcoin is playing an increasingly important role—not just as a store of value but also as collateral for crypto loans. One innovation driving this change is Bitcoin loan liquidity pools, which offer lenders and borrowers new ways to interact without traditional intermediaries. Central to this system is the concept of APR (Annual Percentage Rate), which determines how much interest borrowers pay and lenders earn. In this deep dive, we’ll explore how Bitcoin loan liquidity pools work, and how APR is calculated, adjusted, and influenced by supply and demand. What Are Bitcoin Loan Liquidity…
What Is an Orphan Block in Blockchain? An orphan block in blockchain is a valid block that was successfully mined and shared across the network but didn’t become part of the official or main blockchain. This usually happens when two miners solve a block at nearly the same time, causing a temporary fork in the chain. Since both blocks are valid, the network gets momentarily split as different nodes recognize different chains. However, the network ultimately chooses the longest chain as the correct one. The block that doesn’t make it into this longer chain is called the orphan block. Even…
Introduction Decentralized Finance (DeFi) has transformed traditional lending and borrowing by removing intermediaries and offering innovative features like flash loans, yield farming, and automated liquidations. One such feature gaining traction among DeFi users and institutional investors is collateral swapping. This mechanism allows borrowers to change the asset backing their loan without needing to close and reopen the position—providing greater flexibility and efficiency in managing loan risk and portfolio composition. This guide provides a professional-level understanding of collateral swapping, its workings, advantages, risks, and strategic use cases in the DeFi ecosystem. What Is Collateral Swapping? Collateral swapping refers to the process…
Collateral Swap Development is a groundbreaking advancement in the world of decentralized finance (DeFi). It allows users to seamlessly exchange one collateral asset for another within the DeFi ecosystem. This new method not only boosts overall liquidity but also enhances how users manage risks in real-time financial environments. What Are the Benefits of Collateral Swaps in DeFi? Collateral swaps bring several game-changing benefits that are reshaping asset handling and financial strategies in DeFi platforms. One major benefit is increased liquidity. With collateral swaps, users can exchange one type of collateral for another without needing to sell their original asset. This…
The High Court has scheduled a hearing on July 24 for a case that seeks to stop the construction of a Ksh 1.2 billion church within the State House premises. This decision follows a petition filed by advocate Levy Munyeri, who wants the project suspended. Justice Lawrence Mugambi, while certifying the petition as urgent, ordered that the petition be submitted physically within three days. He also directed that all parties involved should file their responses within seven days. The petition, filed by Munyeri who is a practicing advocate of the High Court, seeks immediate orders to halt the ongoing construction.…
