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Ripple starts testing its stablecoin on XRP Ledger, Ethereum

Ripple Labs, a US-based technology company that has developed the Ripple payment protocol and exchange network, said Friday it started testing its stablecoin, RLUSD, on XRP Ledger and Ethereum blockchain networks. “Testing, testing…RLUSD! We’re excited to share that Ripple USD (RLUSD) is now in private beta on XRP Ledger and Ethereum mainnet,” it wrote on X. The company, however, noted that RLUSD has not yet received regulatory approval, and it is not available for purchase or trading. It warned users to be cautious of scammers who claim they have or can distribute Ripple USD. “This is a significant milestone and a step closer to bringing more high-quality assets to the XRPL, driving new opportunities, liquidity, and institutional use cases for users, developers, and applications,” the company said in a statement on its website. The mainnet version of Ripple USD is also available on Ethereum, while there are plans to expand to other blockchains and decentralized finance protocols, it added. Ripple USD is currently in the beta phase, and it is being tested by the company’s partners, which is crucial for ensuring that the stablecoin meets the highest standards of security, efficiency and reliability before it becomes widely available, and after receipt of regulatory approval, said the statement. Stablecoins are designed to be pegged one-to-one with the US dollar to ease exchange for crypto users and investors. Ripple Labs was fined $125 million on Wednesday after four years of litigation with the US Securities and Exchange Commission.  The ruling pushed up the price of XRP, its native cryptocurrency, for a daily gain of 23%.

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Paris Olympics closing ceremony this weekend

In France, seamstresses are preparing costumes for Sunday’s Olympic closing ceremony, which will feature traditional elements like the athletes’ parade and the handover of the Olympic flag to the 2028 Los Angeles Games. As with the opening ceremony, all 120 costumes are crafted from recycled materials. Designer Kevin Germanier highlighted their use of repurposed items, including old VHS cassettes, to reflect the ceremony’s theme. The ceremony, set in a more conventional venue after the Seine River-based opening, will again be directed by Thomas Jolly. It will showcase over a hundred performers, including acrobats, dancers, and circus artists. Jolly emphasized that the Olympic spirit embodies a collective humanity. The closing ceremony will be held from 21:00 to 23:30 at the Stade de France in Paris.

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Western hunts endanger Africa’s 23,000 captive lions

 Captive lions taken from their wild habitats in Africa and raised in captivity, are being slaughtered for the pleasure of tourists, particularly from Western countries, with the US a major contributor. Lion Day is celebrated Aug. 10. Thousands of captive lions, who spend their lives entertaining tourists behind steel bars, are kept ready for the day when they will be killed under the guise of hunting events. Wild lions, who have lost the majority of their population and habitats due to human activity in the last century, are struggling to survive in the vanishing savannas of Africa. – Lion population has fallen by 43% since 2001 There were about 200,000 lions in the wild at the beginning of last century, according to estimates by the Oxford University Wildlife Conservation Research Unit. By the end of the last century, the population, which had dwindled to around 33,000 due to hunting and other human factors, had decreased by 43% since 2001. Today, it is estimated that 23,000 lions remain in the wild. Having lost nearly 95% of their historical natural habitats, lions today primarily live in well-protected national parks in Tanzania, South Africa, Botswana, Namibia, Zambia and Zimbabwe. – Captive lions Research includes only lions living in the wild in global lion population estimates. Captive lions, which are removed from their natural habitats and live in captivity, are excluded from the list. The term captive lions refers to lions born and raised on special farms for commercial purposes. Those lions lack hunting skills and do not adapt to the wild due to their fearlessness of humans. – Lion tourism South Africa, which hosts one of the largest lion populations in the world, has about 3,500. It is also one of the leading countries with the largest captive lion population. According to a 2024 report by the World Animal Protection Society, there are approximately 8,000 captive lions in 366 farms in the country. The captive lion industry, which generates more than $40 million annually for the South African economy, is a significant part of the tourism sector. Lions kept in private nature reserves and farms across the country are displayed to tourists visiting the area for safaris, for a fee. Tourists who visit the facilities, where entrance fees typically range from $10 to $15, can pay an additional fee to pet and take photos with lions separated from their families. One of the most popular activities among tourists is watching captive lions being fed by caretakers. – Lion hunting Captive lions, who spend their lives entertaining tourists behind steel bars and cages, are often killed for sport by tourists from Western countries when they grow old. South Africa, where captive lion hunting is legal with a special permit, is one of the leading centers for lion hunting worldwide. According to a 2022 report by Humane Society International, approximately 4,000 captive lions were hunted by foreigners in South Africa between 2014 and 2018. The report revealed that more than half of the lions were hunted by American tourists, followed by Spaniards, Russians, Danes, Canadians and Germans. According to information obtained by Anadolu reporters from South African tourism agencies, the cost of hunting parties ranges from $4,000 to $60,000 in 2024, depending on the type of hunt and tour. The tours are conducted as safari tours lasting seven to 10 days on farms covering thousands of acres, mostly in the North West and Limpopo provinces. Hunts, where lions are killed with rifles from a safe distance in more confined areas, are referred to as “canned hunts.” Hunters can take photos with the lions they kill and bring the skulls home as trophies.

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Algerian boxer Imane Khelif wins gold

Algerian boxer Imane Khelif secured a gold medal on Friday at the Paris Olympics, triumphing in a challenging tournament marked by intense scrutiny and online abuse. Khelif, who faced misconceptions and attacks questioning her womanhood, defeated China’s Yang Liu 5:0 in the women’s welterweight final. The match took place at Roland Garros, where Khelif was cheered on by enthusiastic crowds waving Algerian flags. Following her victory, Khelif celebrated with her coaches and proudly displayed an Algerian flag. “For eight years, this has been my dream,” she said through an interpreter. “Despite the attacks, my success tastes even sweeter.” The scrutiny Khelif faced stemmed from controversies surrounding her eligibility and false claims about her gender. These issues began after the International Boxing Association (IBA) disqualified her and another boxer, Li Yu-ting, from last year’s world championships, citing an unclear eligibility test. Khelif, who has competed in IBA events since 2018, responded to critics by emphasizing her authenticity. “I’m a woman like any other woman. I was born as a woman, I live as a woman, and I am qualified,” she asserted. The International Olympic Committee (IOC) has since banned the IBA from the Olympics, criticizing its governance and sex testing practices. Despite the IBA’s tarnished reputation and amplified disinformation, Khelif excelled in Paris, winning every round in her matches. Khelif’s gold medal is Algeria’s first in women’s boxing and only the nation’s second overall, joining Hocine Soltani’s 1996 gold. The victory has made her a national hero, celebrated in Algeria with public screenings and murals. Her performance in Paris culminated a remarkable tournament, beginning with an unusual first bout where her opponent withdrew early due to injury. Khelif’s resilience and skill shone through, earning her the title of one of the best Olympic boxers. As Khelif enjoys her well-deserved accolade, the spotlight now shifts to Lin, who competes for Taiwan’s first boxing gold medal on Saturday.

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Cindy Ngamba wins historic first medal for Refugee Olympic Team

 Cindy Ngamba won the Refugee Olympic Team’s first-ever medal on Thursday when she bagged the bronze in women’s boxing. “It means the world to me to be the first-ever refugee athlete to win a medal. I hope I can change the (color of) the medal on my next fight – in fact, I will change it,” Ngamba said after the bout. “I was fighting a very tough opponent today … but I listened to my trainers and coaches, I stuck to the tactics and I stayed calm and composed,” she added. The 25-year-old became the first-ever athlete to win a medal for the IOC Refugee Olympic Team, taking the bronze in the women’s boxing 75kg class after a semifinal loss to Panama’s Atheyna Bylon. Ngamba is one of 37 athletes competing in Paris as part of the refugee team. The first-ever refugee team took part in the Rio 2016 Olympics, followed by a 29-team competition at Tokyo 2020.

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Microsoft, Palantir forge AI partnership for US defense

Microsoft and Palantir Technologies announced a major partnership Thursday, combining their advanced cloud and artificial intelligence (AI) capabilities to deliver enhanced solutions for the US defense and intelligence sectors. The collaboration will integrate software and data integration firm Palantir’s software with Microsoft’s cloud services and Azure OpenAI Service, according to Microsoft’s statement on its website. This will enable the deployment of Palantir’s products within Microsoft’s Azure Government and classified cloud environments, specifically designed for sensitive national security operations. Azure Government is a service that provides a dedicated cloud enabling government agencies and their partners to transform mission-critical workloads to the cloud. Utilizing Microsoft’s cloud compute and powerful language models such as GPT-4, the partnership aims to operationalize AI-driven solutions for critical missions, providing tools for data integration, visualization and actionable insights. The goal is to enhance the operational capabilities of the defense and intelligence communities through advanced analytics and AI-powered applications. “This collaboration represents a step change in how we support our defense and intelligence communities,” said Shyam Sankar, Palantir’s chief technology officer. In addition to the technology integration, Palantir and Microsoft plan to offer training sessions and bootcamp experiences to help government personnel effectively utilize the new capabilities. The market reacted positively to the news, with Palantir’s stock rising as much as 11% to $29.23 per share before paring gains to around 9% by the end of the trading session, according to Business Insider.

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US military destroys Houthi missiles, uncrewed surface vessel

 The US Central Command (CENTCOM) said Thursday that it destroyed two Houthi missiles and a ground control station in Yemen and a vessel in the Red Sea in the past 24 hours. “U.S. Central Command (USCENTCOM) forces successfully destroyed two Iranian-backed Houthi anti-ship cruise missiles and one Houthi ground control station in Houthi-controlled areas of Yemen,” CENTCOM wrote on X. “Additionally, USCENTCOM forces successfully destroyed one Houthi uncrewed surface vessel in the Red Sea,” it said. The weapons presented a “clear and imminent threat” to US and coalition forces and merchant vessels in the region, CENTCOM said. “This reckless and dangerous behavior by Iranian-backed Houthis continues to threaten regional stability and security,” it added. Yemen’s Houthi group has been targeting Israeli-linked cargo ships in the Red Sea and Gulf of Aden in solidarity with Gaza. The Red Sea is one of the world’s most frequently used sea routes for oil and fuel shipments. Earlier this year, US Defense Secretary Lloyd Austin announced a multinational mission, Operation Prosperity Guardian, to counter Houthi attacks.

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Death toll in Nigeria from Lassa fever rises to 163

 The death toll in Nigeria from Lassa fever, a deadly hemorrhagic disease, rose to 163 on Thursday. According to a statement from the Nigeria Centre for Disease Control and Prevention, the Lassa fever outbreak continues to spread across 34 states and the Federal Capital Territory. The Nigerian government previously announced that three medications have been identified for treating the disease. During the dry season, which typically runs from November to May, Lassa fever cases tend to increase. In 2023, a total of 1,227 cases of Lassa fever were detected and 219 people lost their lives. Lassa fever, which is also found in several other African countries like Mali, Togo, Ghana, Liberia and Sierra Leone, was first detected in Nigeria in northeastern Borno state in 1969. On Jan. 23, 2019, the Nigerian government declared a state of emergency due to a Lassa fever outbreak. The disease is transmitted through contact with rat feces, can spread from person to person, and can cause fatal hemorrhagic fever. Authorities are warning the public to avoid contact with rats and other rodents.

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Former CAF president, Issa Hayatou, dies in Paris at 77

Issa Hayatou, a towering figure in African football, died in Paris on Thursday after a prolonged illness, just one day before his 78th birthday. Born in Cameroon in 1946, Hayatou made a lasting impact on the sport during his nearly three-decade tenure as president of the Confederation of African Football (CAF), a role he held until March 2017. Under his leadership, African football saw remarkable growth and global recognition, including the expansion of the Africa Cup of Nations, increased African representation in the FIFA World Cup, and enhanced football infrastructure across the continent. Hayatou also served as interim president of FIFA from October 2015 to February 2016, stepping in after Sepp Blatter’s suspension. Despite the turmoil, he guided the organization with his renowned composure and authority. Tributes have flooded in worldwide, highlighting his pivotal role in elevating African football to a prominent position on the global stage.

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