Author: News Room

Fed May Buy Equity ETFs To Support US Stocks, Analyst Says

Crypto markets could benefit from increased liquidity if the US central bank steps in to support the $75 trillion equity market in a bear market, as it is “too big and too important to fail,” according to analysts. The US equity market has grown by 68% over the past five years and has added roughly $6 trillion in market value so far this year. However, analysts and experts, such as goldbug Peter Schiff, have warned that years of rapid growth could be setting up the market for a major correction. Such a correction could see the Fed “break decades of precedent”…

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Jack Antonoff Spotted With Ring Amid Margaret Qualley Split

Jack Antonoff has been spotted wearing his wedding ring amid rumors that he and wife Margaret Qualley have split. Antonoff, 42, was seen on Wednesday, July 8, near his Brooklyn home while walking a dog with sister Rachel, per a photo obtained by TMZ. In the image, Antonoff sported a New York Knicks championship T-shirt and held his phone in his hand. His gold wedding band was on full display. Antonoff and Qualley, 31, sparked split rumors when he went to Taylor Swift and Travis Kelce’s Friday, July 3, wedding at New York City’s Madison Square Garden with his sister.…

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Police arrest 135 suspected cultists, recover 26 firearms in Lagos raids

The Lagos State Police Command says it has arrested 135 suspected cultists and recovered 26 firearms during coordinated raids on criminal hideouts across the state ahead of the annual 7 July cult-related activities. The command’s spokesperson, Abimbola Adebisi, said this in a statement on Wednesday. She explained that the operation was carried out on the directive of the Commissioner of Police, Tijani Fatai, following intelligence reports of planned attacks by rival cult groups. According to the police, the operation involved Area Commanders, Divisional Police Officers, Tactical Commanders and operatives of the Violent Crime Response Unit. The statement said various units…

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Kazakhstan Crypto Decree Targets Mining And Stablecoins

Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining.Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday.Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers.The move signals Kazakhstan’s latest…

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Mackenzie Shirilla Poses for New Prison Photo, Her Team Shares Update

Mackenzie Shirilla shared a new photo featuring her eyebrow slit in a snapshot taken inside of prison as her support team shared a new update amid her attempts to appeal. Shirilla’s team took to her Instagram account on Monday, July 6, to share a selfie that she took behind bars. Shirilla, 21, donned a serious expression as she looked at the camera. She wore her hair straight with styled baby hair, filled-in arched brows with one featuring a slit, rosy cheeks and overlined full lips with a nude gloss. Additionally, Shirilla wore a navy long sleeve top and tiny hoop…

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Adeyemi says he did not prepare budget included in 2026 Appropriation Act

The controversial Director-General of the disowned Presidential Foreign Intervention Promotion Council (PFIPC), Adeniyi Adeyemi, has denied preparing the council’s budget that was included in the 2026 Appropriation Act. Speaking with social media influencer and activist, Martins Otse, popularly known as VeryDarkMan, Mr Adeyemi said he was in police detention during the period the budget was being processed. He insisted that neither he nor anyone acting on his behalf participated in the budget preparation or defence process. PFIPC in the 2026 Budget A review of the 2026 Appropriation Act indicates that the Presidential Economic Advisory Council (PEAC)/Presidential Foreign Intervention Promotion Council…

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BoE Chief Denies Farage Influenced CBDC Policy: Report

Bank of England Governor Andrew Bailey has reportedly denied that lobbying efforts by Nigel Farage influenced the central bank’s approach to a potential central bank digital currency (CBDC), saying policy decisions were made independently.According to a Wednesday report by The Guardian, which obtained a letter written by Bailey, the governor said the BoE is “able to spot” attempts to influence its policymaking. The letter followed a meeting with Farage, during which the two discussed several issues, including cryptocurrencies.“Following our meeting, Mr. Farage spoke with the press outlining that we had discussed a range of topics, including cryptocurrencies,” Bailey reportedly wrote…

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Rob Reiner Earns Posthumous Emmy Nomination for The Bear

Rob Reiner has received an Emmy nomination for his role in The Bear six months after his death. Reiner was posthumously nominated on Wednesday, July 8, for Best Guest Actor in Comedy for his portrayal of businessman Albert Schnurr in season 4 of the series. The Bear paid tribute to Reiner in the June finale, in which Ebra (Edwin Lee Gibson) called Albert for advice and got in contact with him to share news. “Albert, we are in business,” Ebra said over the phone. “It’s perfect. I will have all the documents, email it to you immediately. Anything else I…

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El-Rufai denies breaching court order, demands ICPC retract statement over hospital visit

​Former Kaduna State Governor, Nasir El-Rufai, has rejected allegations by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) that he abused medical privileges or violated a court order while in custody. Mr El-Rufai, in a statement issued on Wednesday by his media aide, Muyiwa Adekeye, accused the anti-graft agency of misrepresenting both facts and law. His defence team has demanded the retraction of the ICPC’s 7 no July publication titled “El Rufai and Medical Doctor Abuse Privilege, Violate Court Order.” Read below Mr El-Rufai’s response to ICPC PRESS STATEMENT ON BEHALF OF MALAM NASIR AHMAD EL-RUFAI IN RESPONSE…

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Meta is reportedly working on smart glasses that would be recording all the time

Meta might be the next company to make an always-on AI wearable. The company is working on prototype “super sensing” always-aware smart glasses that could continuously record audio and snap photos “every few seconds,” according to the Financial Times. The wearer could then ask Meta AI about the captured audio and images.However, the images and audio might not be directly available to the user. Here’s how the FT describes one way the glasses could use the data:In one proposed system, raw footage and audio would not be stored by Meta or made available to the user, several people said. Instead,…

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