CHINA HAS INSTALLED A SMART GOLD ATM IN A SHANGHAI MALL THAT MELTS, EVALUATES, AND TRANSFERS THE VALUE OF GOLD DIRECTLY TO A USER’S BANK ACCOUNT,ALL WITHIN 30 MINUTES AND WITHOUT ANY PAPERWORK.(PHOTO)

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 In a groundbreaking move blending technology and finance, China has installed a smart gold ATM in a Shanghai mall that melts, evaluates, and transfers the value of gold directly to a user’s bank account—all within 30 minutes and without any paperwork. The machine, operated by China’s Kinghood Group, has become a sensation, drawing long queues of people eager to sell their old or generational gold. The ATM is designed to accept gold items weighing over three grams with at least 50% purity. Once inserted, the machine melts the gold, assesses its quality and weight, and then credits the money directly to the user’s account. The system has gained massive popularity, and appointments are now fully booked until May, according to Chinatimes.com. During a demonstration, a 40-gram gold necklace was valued at 785 yuan (around ₹9,200) per gram, resulting in a payout of over 36,000 yuan (about ₹4.2 lakh). This highlights the growing interest among the public in cashing out their gold holdings...

ISAAC BRISTOL 'PIDOM' GRANTED BAIL. (PHOTO)


 Isaac Bristol ‘PIDOM’ granted bail


Bristol Issac Tamunobifiri, popularly known by his X name PIDOM Nigeria, has been granted bail.

PIDOM was arraigned on Friday, September 27, on a nine-count charge filed against him by the Inspector-General of Police at the Federal High Court in Abuja.

A few weeks ago, Justice Emeka Nwite, the judge presiding over the arraignment of Bristol, denied him bail.

Recall police spokesperson, Olumuyiwa Adejobi had said PIDOM “illegally” accessed restricted data and posted directives from the office of the IGP.

The police spokesperson also claimed that the defendant raised funds to sponsor cyberterrorism.

Adejobi said PIDOM was apprehended in connection with “criminal conspiracy, offences against the Official Secrets Act, leakage of classified restricted documents, acts likely to cause a breach of the public peace, sedition, fraud, and tax evasion”.

In an update on Friday, September 27, rights activist and convener of the #RevolutionNow movement, Omoyele Sowore, tweeted: “Isaac Bristol granted Bail!  @PIDOMNIGERIA #FREEPIDOMNIGERIANOW”

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