Author: kumbhorg

While Western financial media has spent much of 2026 tracking Bitcoin’s crash from its October 2025 all-time high near $126,000, Trezor Academy has released a documentary that documents a different story.  Seeding Bitcoin: Trezor Academy and Africa’s Bitcoin Revolution follows educators, merchants, and community members across Sub-Saharan Africa who are using Bitcoin not as a speculative asset but as a functional monetary tool. The film captures Bitcoin education centers in South Africa where students as young as teenagers complete a Bitcoin diploma course and receive weekly rewards in bitcoin, which some use to buy groceries for their families.  It profiles…

BBC DJ and presenter Trevor Nelson has announced he is to take “a little break” from all work due to health issues.The Radio 2 and 1Xtra presenter, who has been off air this week after undergoing tests, did not go into detail about his diagnosis but told his Instagram followers, external he was now “concentrating on getting better”.Earlier this year, the influential 62-year-old celebrated 30 years at the BBC, where he has championed black music in the UK.The BBC’s director of music, Lorna Clarke said: “Everyone at BBC Radio 2 and BBC Radio 1Xtra wishes Trevor a very speedy recovery…

Serena Williams of the United States holds a ball during a practice session ahead of the Wimbledon Tennis Championships, in London, Wednesday, June 24, 2026. (AP Photo) Serena Williams’ return to Wimbledon will begin with a first-round match against Australia’s Maya Joint, a player less than half her age, as the 44-year-old prepares for her first singles match in nearly four years.Williams, a seven-time Wimbledon singles champion, accepted a wild-card entry into the tournament. She will also play doubles alongside her older sister Venus Williams, who turned 46 last week.The comeback began with two doubles warm-up matches and moved to…

The University of Delhi is expected to open the Common Seat Allocation System (CSAS) portal for undergraduate admissions on June 27.The move comes after the university announced on June 24 that the admission process for the 2026-27 academic session would begin soon, following the declaration of CUET UG 2026 results.Admission to Delhi University’s undergraduate courses will be carried out only through the CSAS portal on the basis of CUET UG 2026 scores. This year, the university is offering more than 71,000 seats across 79 undergraduate programmes in over 70 affiliated colleges. With the new academic session scheduled to begin on…

Coinbase’s Base blockchain went dark for nearly two hours on Thursday after a single invalid block triggered a consensus failure that froze the entire network, and the incident has reignited a blunt question about whether the most-used Ethereum Layer 2 is actually ready for the 24/7 global finance role its creators are pitching. No funds were lost, but every swap, liquidation, and deposit on Base stalled completely while the team scrambled to isolate the problem. The central tension the Base team now faces is that a network positioned as critical financial infrastructure remains dependent on a single sequencer, meaning a…

If you tried to follow tech headlines this week and came away confused, then you were paying attention. Trillion-dollar companies moved by hundreds of billions of dollars in a matter of days. But once you see the underlying pattern, the chaos resolves into one clean story: the AI trade split in half, and the two halves went in opposite directions. On one side are the companies writing massive checks. On the other are the ones cashing them. Here is how the week unfolded: The $700 Billion Ground Floor To understand the nerves behind the four-day Nasdaq selloff, you really only…

Think­ing back to the many child­hood gro­cery-store trips made with their par­ents, Amer­i­cans of a cer­tain age will remem­ber noth­ing so vivid­ly as the Week­ly World News. It always stood out on the check­out stand’s impulse-buy rack, in part because of its adher­ence to stark yet jum­bled black-and-white cov­er designs even as all the oth­er mag­a­zines grew slick­er and sim­pler. But what real­ly caught our young and impres­sion­able eyes had even more to do with the con­trast between the sur­round­ing pub­li­ca­tions’ mun­dane cov­er­age of home, fam­i­ly, and celebri­ty and the WWN’s unfail­ing­ly, scream­ing­ly out­landish head­lines: “I WAS BIGFOOT’S LOVE SLAVE!”…

Jenner also understands how impressionable her little ones are these days. After all, she was around Stormi’s age when Keeping Up With the Kardashians first premiered. “I was nine,” the Kylie Cosmetics founder fold Vanity Fair in March, explaining how it’s “crazy” that Stormi’s now close to the same age. “And this is when you start creating your first memories.” And now as she approaches her 30s, Jenner has family on her mind. “In the last years of my 20s, I want to focus on just me, my businesses, my work, traveling with my kids, enjoying my kids,” she said,…

Olivia Wilde wants to start conversations. Her latest film, the sex comedy of manners “The Invite,” asks more questions than it answers, prompting audiences to look at their own lives and relationships with a more honest gaze. Written by Will McCormack and Rashida Jones, the film is an adaptation of the Spanish film “The People Upstairs” by Cesc Gay that stars Wilde as a stay-at-home wife mother named Angela whose marriage to her husband Joe (Seth Rogen) a one-time punk singer turned burnt out music teacher, is on the rocks. Things get shakier when Angela impulsively invites the beguiling couple…

When will the Federal Reserve finally stop losing money? The Fed has been effectively bankrupt (operating at a loss) since 2023 because the interest it pays to banks each month exceeds the returns on its assets. But these losses are a policy decision that the Fed can end at any time. Since October 2008, the Fed has been paying interest to private commercial banks. Banks currently earn 3.65 percent interest on reserves (IOR) that they hold at the Fed. According to their 2025 financial statements, the Fed paid almost $167 billion in interest to US depository institutions and overnight reverse…