Author: News Room

Bluesky is getting ‘communities’ | The Verge

Bluesky will be getting “communities,” which will function as smaller spaces where you can “go deeper and hang out with people who care about the same stuff” sometime this year, according to head of product Alex Benzer. They will be built on the decentralized AT Protocol that underpins Bluesky, with Benzer saying that “it’s a new structure for everyone” that’s part of the “Atmosphere” (a shorthand for the AT Protocol ecosystem).Benzer listed out a “few ideas we have in mind so far” in a thread. “On Bluesky, you’ll be able to create communities, join them, post in them, and get…

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Crypto Outflows Are Sentiment Shock, Not Structural Crisis: CoinShares

Cryptocurrency market outflows reflect a sentiment shock, as geopolitics, rate expectations and capital rotation into artificial intelligence weigh on digital assets, according to James Butterfill, head of research at CoinShares.In a statement sent to Cointelegraph, Butterfill said that sentiment in crypto markets has “soured drastically” after billions of dollars flowed out of digital asset investment products in recent weeks.“This is a pure sentiment shock rather than a structural break,” Butterfill said.Butterfill added that the correction was being driven primarily by geopolitics, with uncertainty around the Iran conflict weighing on the outlook for interest rates. He said expected rate cuts had…

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Amanda Batula Stopped Watching Summer House Amid West Drama

Amanda Batula got real about why she couldn’t bring herself to tune into Summer House after she and West Wilson went public with their romance. “I haven’t been watching the show, but I watched past seasons,” Amanda, 34, revealed during part 3 of Bravo’s extended and uncensored reunion on Peacock, which aired on Wednesday, June 10. “I have not watched this.” Amanda’s estranged husband, Kyle Cooke, was among the cast members who were visibly upset by her confession, asking, “Do you plan on watching?” Kyle — who was married to Amanda for four years before they announced their split in January…

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How ex-minister Hadi Sirika disguised Ethiopian Airlines aircraft as Nigeria Air’s

An Economic and Financial Crimes Commission (EFCC) investigator on Wednesday told an FCT High Court in Abuja how former Minister of Aviation, Hadi Sirika, allegedly disguised an Ethiopian Airlines aircraft as Nigeria’s national carrier during the former President Muhammadu Buhari administration. EFCC’s 12th prosecution witness, Christopher Odofin, revealed that the aircraft was loaned to Nigeria for just three days from 27 to 29 May 2023. He testified that the plane was flown back to Ethiopia immediately after being passed off as a Nigeria Air national carrier. According to the witness, this was contained in a portion of the contract agreement…

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NEF demands security emergency as kidnappings, banditry surge

The Northern Elders Forum has called on the Federal Government to immediately declare a national security emergency, warning that worsening violence, kidnappings and bandit attacks across the country pose a serious threat to Nigeria’s stability and economic survival. In a statement issued on Wednesday, the spokesperson for the forum, Abubakar Jiddere, said the country was experiencing an unprecedented security crisis, with criminal activities spreading across several regions and leaving millions of Nigerians vulnerable. The forum expressed concern over what it described as the government’s inability to adequately protect lives and property, noting that communities in states such as Zamfara, Katsina,…

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FX reforms boost global naira card usage

Improved foreign exchange liquidity driven by economic reforms is prompting Nigerian banks to expand international spending limits on naira cards, signalling renewed confidence in the economy and easing access to global payments, ARINZE NWAFOR writes Deposit Money Banks are increasing the amount naira cardholders can spend abroad as dollar liquidity strengthens across the financial system. Following financial sector reforms and the clearance of a $7bn foreign exchange backlog by the Olayemi Cardoso-led Central Bank of Nigeria, foreign exchange inflows into the economy continued to rise, reaching $112bn by the end of 2025. The increase in autonomous foreign exchange inflows, foreign…

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Framework delays its first Laptop 13 Pro shipments by a month

Delay in start of production for Framework Laptop 13 ProAs we were preparing Framework Laptop 13 Pro for mass production ramp, we discovered two issues, one on the new haptic touchpad and another on the custom display. We’ve since root caused and found solutions for both of these. However, to bring in these updates, we need to delay the start of mass production, which pushes first batch shipments about one month from late June into late July, with some risk of some units in early August. This likely pushes most July batch shipments into August. We plan to catch up…

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CFTC Proposes Prediction Market Rules Favoring Sports Contracts

The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to the public interest even though federal law classifies them as “gaming.”Released on Wednesday, the proposal distinguishes sports event contracts from games of pure chance, saying markets based on final scores and win-loss records can aid price discovery. Contracts tied to player injuries, officiating decisions or other outcomes that could encourage manipulation, however, are unlikely to meet the public interest test.The proposal also clarifies that election contracts are not considered “gaming” under the relevant federal laws. Reuters…

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Dad Who Dangled His Son Over Wall at MLB Game Speaks Out

A fan of the Cincinnati Reds spoke out after courting controversy for dangling his 8-year-old son over the outfield wall by his ankles to grab a home run ball.  “I felt like I had a good grip,” James Foreman told Inside Edition’s Steven Fabian on Tuesday, June 9. “I’ve done it hundreds of times.” The viral incident went down at St. Louis’ Busch Stadium on Sunday, June 7, when the Cardinals’ Bryan Torres hit a home run to right field. The ball got stuck in between the outfield wall and the scoreboard, inspiring James to use his son, Jeffrey, as…

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FG secures agreement for transfer of Nigerian prisoners in Ethiopia

The Nigerian government has signed a deal with Ethiopia that would allow the transfer of over 100 Nigerians serving jail sentences in Ethiopia to facilities in Nigeria. The Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, disclosed in a statement that the agreement was scheduled to be signed on Wednesday. Mrs Odumegwu-Ojukwu arrived in Addis Ababa to sign the pact alongside the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi. The delegation was received by Ethiopia’s Minister of State for Foreign Affairs and the country’s Chief of Protocol. “The signature ceremony takes place this afternoon,” Mrs Odumegwu-Ojukwu said. The delegation…

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