Author: News Room

United States prosecutors have charged a man serving a federal prison sentence over the alleged removal and laundering of about $290,000 in crypto assets held in a Kraken account subject to a forfeiture order. The Department of Justice said on Thursday that Rossen Iossifov, a Bulgarian national, conspired in January 2024 to withdraw and transfer crypto that a federal court had ordered forfeited following his 2021 conviction. Prosecutors allege that the assets were moved through illicit mixing services and crypto exchanges before the US could take possession. The case shows how attempts to move crypto after a forfeiture order can trigger fresh…

Big Brother player Levi Banks is speaking out amid his sudden exit at the eleventh hour. As Big Brother 28 kicked off on Thursday, July 9,  Levi was nowhere to be seen during the premiere — despite previously appearing on a leaked cast list. He was also not included on the CBS’ official list of 14 new houseguests released earlier this week. To explain his absence, Levi shared a post via Instagram on Thursday. “What is up, Big Brother fans? My name is Levi Banks and I just wanted to give you all a quick update and to let you…

The planned arraignment of former Managing Director of Warri Refining and Petrochemical Company Limited (WRPC), Jimoh Yisawu, on alleged money laundering allegations stalled before the Federal High Court in Abuja on Friday. The court rescheduled the arraignment for 20 July as the trial judge, Inyang Ekwo, was said to be away on an official engagement. The Economic and Financial Crimes Commission (EFCC) brought eight money laundering charges that stemmed from Mr Yisawu’s activities during his tenure as managing director of the Warri refinery and his service as a public officer with the Nigerian National Petroleum Company (NNPC) Limited. The postponement…

Claim: An X user claims that while the United Arab Emirates (UAE) is “worth $700 billion,” Nigeria is “$500 billion in debt,” despite discovering oil two years earlier. Verdict: Mostly false! While Nigeria discovered commercial oil before the UAE, the claim that Nigeria has a $500 billion debt is false. Likewise, the UAE’s net wealth is $3.12 trillion, not $700 billion as claimed. Full Text On 25 June 2026, an X user, @felixherbt, shared a post comparing Nigeria’s debt with the UAE’s “worth.” The post (archived here) reads, “Nigeria discovered oil in 1956. The UAE discovered it in 1958. Today,…

Morocco’s dream of another FIFA World Cup semi-final appearance came to an end on Thursday. Still, head coach Mohamed Ouahbi believes the Atlas Lions have laid the foundations for even greater success after becoming the first African nation to reach the quarter-finals in back-to-back World Cups. The North Africans saw their impressive campaign halted by France, who secured a 2-0 victory to book their place in the semi-finals. While the result ended Morocco’s hopes of matching their historic Qatar 2022 achievement, it did little to diminish the tournament’s status as another landmark for African football. Having reached the last four…

Meta is in breach of the EU’s Digital Services Act (DSA), a preliminary investigation has found, over the “addictive” design of Instagram and Facebook. It’s likely to be forced to redesign both apps and could face a fine of up to $12 billion.The European Commission said Meta “did not adequately assess the risks of its addictive design on the physical and mental wellbeing of users, including minors and vulnerable adults.” It singled out features like personalized recommendations, autoplay, and infinite scroll, arguing that they “fuel the user’s urge to keep scrolling and shift the brain into ‘autopilot mode.’”The report also…

USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank (FNDCB), a national trust bank that will operate under the name Circle National Trust.“OCC approval to establish Circle National Trust marks a defining step in bringing blockchain technology and digital assets into the core of the US financial system,” Circle CEO Jeremy Allaire said.The approval comes after Circle applied for the charter in June 2025, allowing it to establish a federally regulated trust institution and expand its digital asset custody infrastructure.Circle’s…

Kristin Cavallari is teaching her kids the value of a dollar — by restricting their access to luxe travel. While appearing on the “Aspire with Emma Grede” podcast on Tuesday, July 7, the Hills alum, 39, explained that she typically makes her children fly economy when she opts for first class when they travel. Cavallari, who shares three kids, Camden, 13, Jaxon, 12, and Saylor, 10, with her ex-husband Jay Cutler, insisted there are good reasons behind her parenting choice. “I really value how my mom raised me with money,” Cavallari told Grede. “So my kids don’t just get whatever…

When Kylian Mbappé announced himself to the world as a fearless 19-year-old at the 2018 FIFA World Cup, it was clear France had unearthed a generational talent. Eight years later, that promise has evolved into an extraordinary legacy that has firmly established the French captain among the greatest players the tournament has ever produced. Across three World Cup editions, Mbappé has combined trophies, records, unforgettable performances and astonishing consistency to carve out a place in football history. From lifting the trophy in Russia 2018 to producing one of the greatest individual performances ever seen in a World Cup final in…

In every organisation there are people who merely occupy positions and those who multiply value. The difference is usually their mindset. Your qualifications may get you the job, but it is the value you bring on board that will determines your advancement. Wherever you find yourself, leave every assignment better than you found it. Solve problems, improve systems and serve people with excellence. Your career is not determined by how long you have worked; it is determined by how much value you have created. Have you ever thought why people who work in the same organisation, for the same bosses,…