Author: News Room

AI-enabled microbusinesses could provide a major boost for stablecoin transaction volumes as the global gig and freelance payment market grows, according to Australian crypto exchange Swyftx. In a second-quarter industry report, Swyftx estimated the global gig and freelance payments market could reach $2.1 trillion by 2033, with AI-native workers accounting for $775 billion. Swyftx’s base-case model projected that $262 billion of the AI-native cohort’s payment volume could be settled in stablecoins, based on an assumed adoption rate of roughly 33%. “We see the vibe-coding and AI economy as a significant potential tailwind for stablecoin use,” Pav Hundal, lead market analyst at Swyftx,…

Priscilla Presley’s son, Navarone Garibaldi Garcia, is speaking out in defense of his recent GoFundMe to raise money for a personal pizza business. “Haters gonna hate… and I’m sure I’ll have to explain this many more times to ignorant people who think I should ‘ask my mom’ or that I have money…..” Garcia, 39, wrote via Instagram on Friday, July 10. “YEAH, I also have a lot of bills, I also have a budget, I also donate to other causes… I also give to the homeless… I just don’t film and put it on YouTube… but, I also have crazy…

Thailand’s central bank is stepping up stablecoin surveillance in an effort to crack down on money laundering, illicit finance and “gray money” in the country.The Bank of Thailand is working with the Kingdom’s Securities and Exchange Commission to audit high-volume stablecoin transactions, with a focus on USDt (USDT), cash transactions and currency exchanges, to identify and stop illicit financial flows.“The measures we are implementing are not short-term fixes; they require the continuous deployment of multiple parallel strategies,” Bank of Thailand Governor Vitai Ratanakorn said, according to local media outlet The Nation on Saturday.Thailand is targeting the “gray economy,” which largely…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Kate Hudson is having the Greek summer of everyone’s dreams, and it starts with the right swimsuit. Instead of a frumpy one-piece, Hudson wore a sassy red bikini style that stuns on all ages, including after 40. And right now, you can get her look with this $26 swimsuit set on Amazon. In an Instagram reel, the actress wore a vibrant red bikini top adorned with a circular gold hardware accent, giving her whole look a Hollywood-meets-Mediterranean shimmer. She added…

Three score and three years ago, a defining dispute erupted in the old Western Region of Nigeria over the scope and reach of constitutional conventions in determining or terminating the tenure of high-level political leadership. The Judicial Committee of the Privy Council, which ultimately had to pronounce on the matter, described conventions in that case as “a body of understandings which no writer can formulate.” The aftermath of that decision took the country to the brink of ruin. This year, the Nigerian Bar Association (NBA) confronts its own moment of truth concerning how far conventions initially designed to accommodate national…

NBC’s Sara Gore is giving an update on her health after sharing her breast cancer diagnosis. “Hi, friends. Just a little update…” Gore wrote via Instagram on Sunday, July 12. “I’m doing really well. Let’s get that out of the way. Currently cancer free. Hallelujah. 🙌 I’m still in the reconstruction phase and will be for months. It’s truly a journey. Healing has taken some time, but every week I’ve felt a little more like me again.” She continued, “Thank you for the books. The food. The flowers. The prayers. The puzzles. The cards. The texts. The calls. Every thoughtful…

The Federal Government has arrested two suspected illegal miners and shut down an illegal mining site in Osun State as part of its ongoing crackdown on unlawful mineral exploitation. The operation, carried out by officials of the Federal Ministry of Solid Minerals Development in collaboration with security agencies, targeted illegal artisanal mining camps at Ileki-Ijesa along the Ile-Ife–Ilesa Road. The ministry, in a statement issued on Sunday by the minister’s Special Assistant on Media, Lara Owoeye-Wise, said the operation followed credible intelligence on the activities of illegal miners operating in the area. The two suspects, identified as Danladi Isa and…

Every general election has a legal framework that underpins its successful conduct. The Electoral Act 2026 exemplifies this for the 2027 polls. Nigeria has had to amend extant Electoral Acts to improve the integrity of its electoral process. This is why the 2022 Electoral Act was subjected to a review early in the year, which gave birth to the Electoral Act 2026. Yet, its ill-defined provisions on the electronic transmission of votes, from polling units to INEC’s IreV portal in real time, had sparked considerable ruckus in the parliament in February and broadsides from other stakeholders, until the legislature willy-nilly…

Olympian Simone Biles is opening up about a recent experience in which she says she was misidentified as two Black athletes multiple times in one day. “It’s not even 6 a.m. and I’ve already gotten called Dominique Dawes 2x,” Biles, 29, wrote via her Instagram Story on Sunday, July 12, referring to the retired Olympic gymnast, “and Sha’Carri [Richardson] once.” (Richardson, 26, is an Olympic track and field sprinter.) Biles added three laughing emojis to her message, which was shared alongside a photo of the sky from a balcony. Biles previously revealed in a 2020 interview that she “didn’t really…

US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF. The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, one analyst said…