Author: News Room

A coalition of European financial and tokenization groups has urged EU lawmakers to remove a proposed 100 billion euro cap ($116.3 billion) on tokenized financial instruments or raise it to at least 500 billion euro.The draft letter, dated Sept. 7 and addressed to EU Council members and the European Parliament’s Economic and Monetary Affairs Committee, said the 500 billion euro threshold should serve as a baseline if lawmakers decide to retain a cap.Among the groups signing the letter were Nasdaq, Boerse Stuttgart Group, Securitize, the European Ethereum Institute and Axiology.The letter said some existing European projects already reach 350 billion…

Mariska Hargitay is still on cloud nine after attending Taylor Swift and Travis Kelce’s wedding. The Law & Order: SVU icon, 62, was on hand for the couple’s July 3 nuptials at Madison Square Garden in New York City with her husband, Peter Hermann, and shared details from the special night during an appearance on Jimmy Kimmel Live! on Wednesday, September 9. “I did [go to the wedding],” Hargitay shared. “And I’m still floating from that wedding.” She added, “It was so spectacular and so intimate, I have to say. I have to say, I am blown away, because when…

A stampede after a fire broke out in a school in the eastern DR Congo city of Bukavu has killed at least 14 children, local and health sources said on Thursday. A blaze of “unknown” origins began near a school in the Bagira district on the city’s northern outskirts early on Thursday “while the children were in the middle of class”, local leader Patrice Buduge told AFP. “This was followed by a violent stampede that forced students to trample over one another or look for a dangerous way out; many of them fainted and others lost consciousness,” he said. He…

Meta has launched its new Muse assistant, marking the company’s first real foray into AI-powered productivity tools. The company says its AI agent can “take the busywork off your plate” by helping you with online shopping, emails, trip-planning, and more. I decided to try out the new tool and see how well it performed — especially from a company that previously prioritized entertainment over productivity. Though the AI assistant generally worked as I expected it to, the unnerving amount of information it autonomously gleaned about me largely overshadowed my experience.One of the first tasks I assigned Muse, which carries out…

Bitcoin (BTC) dipped below $77,000 around Thursday’s Wall Street open as risk assets faced resurgent macro headwinds.Key points:Bitcoin saw downside on the back of higher-than-expected US PPI inflation data, which hit 5.4% in August.Middle East strikes sent WTI crude oil over $100 per barrel for the first time since May.The US 30-year bond yield shrugged off a $6 billion buyback operation to hit its highest level since June 2007.US bond yields surge despite $6 billion interventionData from TradingView showed BTC/USD on track for 2% losses on the day, following weakness in US equities.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewOngoing escalation in the…

Jimmy Kimmel announced a major change to his eponymous late night talk show, citing alleged threats from the President Donald Trump administration-led Federal Communications Commission (FCC). On the Wednesday, September 9, episode of Jimmy Kimmel Live!, the talk show host announced that an upcoming interview with James Talarico, the Democratic nominee in the 2026 U.S. Senate election in Texas, will not air on ABC but via his show’s YouTube channel. “I’ll be interviewing James Talarico tomorrow night under unusual circumstances,” Kimmel, 58, said during his monologue. He explained, “You know, for the whole 20-plus years of our show, I’ve been…

The Federal Government has said it will soon end the slaughtering of livestock in uncontrolled environments across the country as part of efforts to modernise the red meat industry and position Nigeria for the export market. The Minister of Livestock Development, Idi Mukhtar Maiha, disclosed this on Thursday in Kaduna at the official launch of Olam Agri’s TruValue Cattle Feed, a beef and dairy concentrate feed. Maiha said the government had already commenced the development of modern abattoirs and would require animals destined for the market to pass through feedlots and meet prescribed standards before slaughter. He said, “We are…

This interview has been lightly edited for length and clarity. Nick Statt: Hello and welcome to Decoder, Nilay’s show about big ideas and other problems. This is Nick Statt, senior producer. And I’m joined by our brand-new supervising producer, Greg Ott.Greg Ott: Good day, everyone. And Hi, Nilay. Nilay is here too. He is the person who hosts the show, and his name is also in the show. So it makes sense.Nilay Patel: It’s true. We don’t consistently say my name in the show enough. We should do it all the time. I should do it. Welcome to Decoder with…

Cryptocurrency exchange Coinbase partnered with financial platform Moov to bring stablecoin infrastructure to more than 1,000 community banks and credit unions that are part of Moov’s customer base.The partnership will combine Coinbase’s regulated digital asset infrastructure and Moov’s payments platform to offer stablecoin payment acceptance, settlement and real-time funding, according to a Thursday announcement.The infrastructure will support use cases such as consumer stablecoin payments, merchant settlement and payouts. It will also offer businesses and merchants access to Coinbase custodial accounts.Community banks in the US typically have less than $10 billion in total assets and include state chartered institutions as well…

The police have arrested two suspects in the violent murder of social media influencier, Ibrahim Khalil, at his residence in Gaida Quarters, Kumbotso Local Government Area of Kano State. Mr Khalil, also known as Danshagamu, was attacked with sharp objects after hoodlums forced their way into his home on Monday at 11:30 p.m. According to a press statement from the police command’s spokesperson, Abdullahi Kiyawa, officers from the Kumbotso Police Division responded after receiving a distress call from the commander of the quarters vigilante group. “Upon arriving at the scene, police officers rushed the severely injured victim to the Murtala…