HAMMOND – Yesterday, Luis Banegas Rodriguez, 25 years old, of Honduras, was sentenced by United States District Court Judge Philip P. Simon after pleading guilty to conspiracy to commit bank fraud in two cases, announced Acting United States Attorney M. Scott Proctor.
Banegas Rodriguez was sentenced to 27 months in prison followed by 1 year of supervised release. He was also ordered to pay $533,043 in restitution.
According to documents in each case, on January 11, 2023, Banegas Rodriguez and his co-conspirators used fake identification cards to cash 169 fraudulent paychecks totaling $233,569 at three branches of the same bank in the Northern District of Indiana. The fraudulent paychecks were designed to look like they had been issued by a company that operates dairy farms in the Northern District of Indiana.
Almost six months later, on June 23, 2023, Banegas Rodriguez and his co-conspirators used fake identification cards to cash 178 fraudulent paychecks totaling $299,474 at five branches of the same bank and three check cashing businesses in the Eastern District of Oklahoma. The fraudulent paychecks were designed to look like they had been issued by a building materials supply company in the Eastern District of Oklahoma.
“Banegas Rodriguez participated in a far-reaching conspiracy that caused major financial harm to community banks and small businesses across the United States. Due to the unwavering efforts and collaboration between federal, state, and local law enforcement, Banegas Rodriguez was brought to justice for his role in this scheme,” said Proctor. “The sentence imposed by the court sends a message that there are real consequences for engaging in fraud, particularly in northwest Indiana.”
“The illicit actions of co-conspirators to commit bank fraud as they travel throughout the United States will not be tolerated,” said Matthew J. Scarpino, special agent in charge of Homeland Security Investigations (HSI) in Chicago. “HSI will continue to partner with our fellow law enforcement agencies to disrupt these types of offenders and hold them accountable for their crimes.”
These cases were investigated by Homeland Security Investigations, the Federal Bureau of Investigation, the United States Secret Service, and the Indiana State Police, with valuable assistance provided by the Benton County (Indiana) Sheriff’s Department, the Benton County (Indiana) Prosecutor’s Office, the Poteau (Oklahoma) Police Department, and the Houston (Texas) Police Department. The cases were prosecuted by Assistant United States Attorney Steven J. Lupa from the Northern District of Indiana and Assistant United States Attorneys Kara Traster and Jordan Howanitz from the Eastern District of Oklahoma.
With the rise of sustainable tourism (travelling in a way that minimises harm to the environment, and benefits local communities), words such as “sustainable”, “”eco” and “green” appear on countless holiday brochures. From five-star hotels promoting “eco luxury” to airlines pledging to reduce carbon emissions and destinations making various green claims, sustainability is increasingly being used as a marketing tool.
But with so many green claims floating around, it’s hard to know who is really providing sustainable travel and who is just greenwashing. A recent report shows that 53% of green claims are vague, misleading, or unfounded – and half of all green labels offer weak or non-existent verification.
So, how can travellers distinguish genuine sustainability from greenwash that exaggerates environmental claims to attract eco-conscious travellers?
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Sustainability certification is a voluntary, third-party assessment that verifies a product, service, or organisation meets certain environmental, social, or ethical standards. These certifications provide a structure to manage, improve and communicate sustainability performance.
More than 100 sustainable certifications promise that they have vetted tourism businesses so you can have a satisfying and guilt-free holiday.
Yet, not all certifications are made equal, as our recent research shows. Most certification schemes audit actions taken, rather than assessing how effective these are.
They assure you that the hotel you are staying in has an environmental policy or that it is progressively reducing some of its negative effects on the environment, but not that their energy or water consumption is well below that of its competitors, for example.
Choosing a sustainable holiday involves more than just travel to your destination. PhotoSunnyDays/Shutterstock
One major challenge is that consumers are not using these labels to inform their buying decisions. Next time you travel, select businesses certified by an organisation with a proven track record of verification and transparency. There are several things a strong certification should do:
First, it should be third-party verified. This ensures that the green claims are independently checked.
Second, it needs specific and clear criteria. Beware of vague sustainability claims, such as “eco-friendly”. Look for certifications that require transparent reporting on performance for specific environmental actions, such as waste management, or responsible sourcing.
Third, it should go beyond eco-savings. Reducing energy and water consumption saves the hotel money. They should not get a prize for that. Seek evidence of the certification promoting best practice in complex issues like biodiversity conservation and dignity in the workplace.
Examples of sustainable tourism certifications to keep an eye on include Green Key (the largest label in Europe); B Corp (which measures a company’s entire social and environmental impact); The Long Run (a promoter of nature conservation); and Fair Trade Tourism (a promoter of fair working conditions). These certifications require businesses to undergo regular audits to maintain them.
In case you are thinking it’s not your responsibility to find out who is any good – you are right. The EU Green Claims Directive (due to be implemented by 2026) is a new legislation that requires companies to prove their environmental claims and labels, and ensure they are credible and trustworthy. This directive recognises the greenwash problem and will require certification to be based on assessment of actual performance – in tourism, and every other sector of the economy. The directive applies to any business anywhere in the world that sells to consumers from the EU. Expect fewer, but more respected and recognisable labels, that reduce consumer confusion.
Certification is only part of the picture. Your next holiday can make a greater contribution to local communities while minimising its harm to the environment. Take the time to consider how your trip can be part of a larger, positive contribution. Here are more ways to ensure that your holiday supports local communities and the environment:
Make sure you travel shorter and stay longer. Research shows that transport is a major part of the carbon footprint of your trip. Fly less (if at all). Choose flights with lower carbon footprints – various booking sites now tell customers the carbon footprint for each flight at the time of purchase. And stay longer so you spend more locally, for that same flight.
Choose tour operators that prioritise locally owned and small suppliers. Buy souvenirs that are made locally, and you can only find in that country. Travel slow – soak in where you are. Hike, cycle, use local transport. You will see more of the real place you are in.
Choose buses and trains over private cars. Rent electric vehicles and select accommodation that provides charging facilities. And enjoy local and seasonal rather than imported food. Eat everything in your plate, rather than create food waste.
Don’t have time to read about climate change as much as you’d like?
The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
At its recent conference in Brighton, the union Unite voted overwhelmingly to expel deputy prime minister Angela Rayner from membership.
The successful motion denounced the way Birmingham’s Labour council has handled a pay dispute with the city’s bin workers, which, it claimed, involved large pay cuts. The motion also condemned the Labour government for supporting the council.
Rayner was suspended because, in the words of Unite general secretary Sharon Graham, she had “backed a rogue council that has peddled lies and smeared its workers fighting huge pay cuts”.
The resolution called upon the union leadership to “re-examine” its relationship with the Labour party. Graham added: “People up and down the country are asking whose side is the Labour government on and coming up with the answer, not workers”.
Rayner’s suspension seems an extraordinary move. The soft-left deputy PM is the most senior pro-union voice in the government and has a long history in the union movement. Crucially, when in opposition, Rayner was primarily responsible for hammering out a package of measures with the unions that was designed to bolster employee rights. These measures are now in the process of being codified in the employment rights bill that is making its way through parliament.
Why Rayner (along with some Birmingham Labour councillors) was selected for expulsion is unclear. Perhaps the union was simply lashing out. The impact of its decision was lessened by the fact that Rayner says she had already resigned from Unite and remains a member of Unison, a union in which she once served as an official.
Unite and Labour
The more significant move was (or appeared to be) the pledge to “re-examine” Unite’s relationship with the party. This should be placed in the context both of recent controversies over attempts to means-test winter fuel payments and cut disability benefits, and of reports of moves to form a new leftwing party under the putative leadership of Jeremy Corbyn and Zarah Sultana..
Might Unite disaffiliate from Labour and rally behind the new party? Given that Unite, with its 1.2 million members, is Britain’s second largest union (after Unison), and, over the years, has been a generous donor to Labour, such a move would be significant. Support from Unite could give the new leftwing party real heft and allow it to pose a worrying threat to Labour’s electoral prospects.
Unite’s recent history might suggest this as a possibility. With a long tradition stretching back over three quarters of a century, Unite (and its precursor, the TGWU) has been a stalwart of the Labour left. Under its leftwing general secretary, Len McCluskey, Unite made a major contribution to Ed Miliband’s election as party leader in 2010. McCluskey subsequently attacked Miliband for drifting too far to the right.
The union then played a crucial role in sustaining Jeremy Corbyn’s leadership: indeed, without its support, Corbyn might not have survived so long. And as it became evident that Keir Starmer was determined to wrench the party to the right, Unite once more became the centre of leftwing dissent.
McCluskey retired in 2021, but neither of the two candidates affiliated to his “Unite left” faction won the election to succeed him. Unexpectedly, they were both defeated by Graham, another leftwinger who believed that Unite had become too embroiled in internal Labour party matters and was determined to divert resources away from funding the Labour party to industrial activities.
The dog that hasn’t barked
However, Graham’s desire to divest from Labour should not be taken as a sign that she wants to reinvest in another party. The whole thrust of Graham’s leadership is to give much higher priority to industrial than to political concerns.
Even had she not been so explicit about this, union leaders are, above all, realists. They are concerned with the practicalities of protecting the interests of their members and hence averse to risky political experimentation.
And, however contentious a role Unite has played in the Labour party, multiple ties, in terms of history, tradition, ethos and interest, still bind the two together.
The row between Unite and Labour shouldn’t lead us to overlook the fact that, despite all the controversies and disappointments, the other major union affiliates, including Unison, GMB and USDAW, have largely refrained from public criticism of the government.
This is a sign of loyalty. The unions do not wish to add to the massive problems the Starmer government already faces. But it’s also evidence that, however undersold, the Labour government is delivering on the issues that matter to unions. Its employment rights bill promises the most significant enhancement of individual and collective worker rights in a generation. The unions will allow nothing to jeopardise this.
But for Starmer, there is no room at all for complacency. With a stuttering economy, greatly overstretched public services, a cost of living crisis and very difficult public sector pay negotiations, even the most sympathetic union leaders will come under great pressure from a disgruntled rank and file to take a tougher line with the government. The road ahead will be rocky.
Globally, $1.4 billion of the agency’s programmes are being shuttered or put on hold, UNHCR said in a new report.
“We can’t stop water, you can’t stop sanitation, but we’re having to take decisions when it comes, for example, to shelter,” said UNHCR Director of External Relations, Dominique Hyde.
“We’re have people arriving on a daily basis from Sudan, from the Darfur regions…arriving in Chad, not able to be given any shelter.”
In an urgent appeal for flexible funding from donors, Ms. Hyde noted that up to 11.6 million refugees and others risk losing access this year to direct humanitarian assistance from UNHCR. The figure represents about one-third of those reached by the organization last year.
On the Sudan-Chad border, the UN agency is now unable to provide “even basic shelter” to more than six in 10 refugees fleeing the conflict. Thousands more vulnerable people have been left stranded in remote border locations in South Sudan, too. “If we just had a bit more support, we could get them to settlements,” she insisted.
Because of the funding cuts, basic activities have already been hit hard. These include refugee registration, child protection, legal counselling and prevention of and responses to gender-based violence.
Every aid sector hit
In South Sudan, 75 per cent of safe spaces for women and girls supported by UNHCR have closed, leaving up to 80,000 refugee women and girls without access to medical care, psychosocial support, legal aid, material support or income-generating activities. This includes survivors of sexual violence, UNHCR noted.
“Behind these numbers are real lives hanging in the balance,” Ms. Hyde said.
“Families are seeing the support they relied on vanish, forced to choose between feeding their children, buying medicines or paying rent, while hope for a better future slips out of sight. Every sector and operation has been hit and critical support is being suspended to keep life-saving aid going.”
Libya influx
Many of those impacted by the war in Sudan have taken the decision to move from Chad and Egypt to Libya, into the hands of people smugglers who dangerously overload boats with desperate people seeking to cross the Mediterranean Sea to Europe.
“What we’re observing now is that in terms of arrivals in Europe of…Sudanese refugees, [it] has increased since the beginning of the year by about 170 per cent compared to the first six months of 2024,” said UNHCR spokesperson Olga Sarrado.
Support slashed from Niger to Ukraine
In camps hosting Myanmar’s Rohingya refugees in Bangladesh, education for some 230,000 children could now be suspended. Meanwhile in Lebanon “UNHCR’s entire health programme is at risk of being shuttered by the end of the year”, Ms. Hyde continued.
In Niger and other emergency settings, cuts in financial aid for shelter have left families in overcrowded structures or at risk of homelessness. In Ukraine, financial aid has also been slashed, “leaving uprooted families unable to afford rent, food or medical treatment”, Ms. Hyde noted.
Assistance to returning Afghans has also become another victim of the global aid cuts. Around 1.9 million Afghan nationals have returned home or been forced back since the start of the year, “but financial aid for returnees is barely enough to afford food, let alone rent, undermining efforts to ensure stable reintegration”, UNHCR said.
Legal aid halted
Overall, several UNHCR operations hit by severe funding gaps have now had to curtail investments in strengthening asylum systems and promoting regularization efforts.
In Colombia, Ecuador, Costa Rica and Mexico, any prolonged lack of legal status means prolonged insecurity for people on the move, the UN agency said. This results in deepening poverty “as refugees are excluded from formal employment and greater exposure to exploitation and abuse,” Ms. Hyde explained.
Approximately one in three of the agency’s 550 offices around the world has been impacted by the cuts,Ms. Hyde told journalists in Geneva:
“We’re not in a position to do so much contingency planning; what we’re able to do is make decisions on priorities – and at this point the priorities as I mentioned are dramatic.”
For 2025 UNHCR needs $10.6 billion. Only 23 per cent of this amount has been provided.
“Against this backdrop, our teams are focusing efforts on saving lives and protecting those forced to flee,” Ms. Hyde said. “Should additional funding become available, UNHCR has the systems, partnerships and expertise to rapidly resume and scale up assistance.”
WILMINGTON, Del., July 18, 2025 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) (“Onfolio” or the “Company”) today announced the official launch of a strategic partnership program designed to help content creators scale their businesses through hands-on support, shared expertise, and resource investments. In return, the Company will earn a share of the incremental revenue generated through each partnership.
The program targets digital educators, course creators, and knowledge entrepreneurs who excel in creating high-quality content but often lack the marketing infrastructure, financial strategy, or operational capacity needed to unlock exponential growth. By combining the creator’s talent with Onfolio’s proven expertise in scaling information product businesses, the partnership model creates a mutually beneficial path to long-term value creation.
“Many course creators are brilliant educators and product builders, but they struggle with the business side, especially marketing, automation, and monetization,” said Dominic Wells, CEO of Onfolio. “This program allows us to deploy our team, playbook, and resources to help them reach their full potential – while also building a strong, recurring revenue stream for our business.”
Onfolio has a track record of success in the digital education space, and this new initiative reflects its continued focus on scalable, asset-light growth opportunities with high margins and long-term upside. The Company is actively onboarding partners and expects to announce its first cohort of creators in the coming weeks.
Onfolio acquires, operates, and scales a diversified portfolio of digital companies. The Company focuses on businesses with strong cash flows, long-term growth potential, and experienced leadership—or those that can be effectively managed by Onfolio’s in-house team. By targeting under-optimized businesses with untapped potential, Onfolio adds value through operational expertise, strategic guidance, and advanced technologies. For more information, visit www.onfolio.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continues,” “estimates,” “projects,” “intends,” and similar expressions. Examples of forward-looking statements include, among others, statements we make regarding expected operating results, such as revenue growth and earnings, and strategy for growth and financial results. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A “Risk Factors” in our most recent Form 10-K and Form 10-Q and other risks to which our Company is subject, and various other factors beyond the Company’s control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Company Contact: Investor Communications Onfolio Holdings Inc. Investors@Onfolio.com
London, UK, July 18, 2025 (GLOBE NEWSWIRE) — The meme-inspired cryptocurrency Dogecoin is witnessing remarkable growth in 2025, with steadily climbing prices fueled by increasing retail and institutional interest. Originally created as a Bitcoin alternative, Dogecoin’s user-friendly nature and strong community continue to attract new investors.
Amid accelerating global cryptocurrency adoption, PaxMining – the London-based cloud mining leader established in 2017 – delivers secure, sustainable mining solutions powered entirely by renewable energy. The platform’s award-winning technology eliminates hardware requirements and maintenance complexities while optimizing returns through AI efficiency. Utilizing hydro, solar and wind power, PaxMining maintains profitability while setting new sustainability standards in crypto mining.
Serving 8+ million users across 190 countries, PaxMining has become a trusted mining partner. Its intuitive platform, driven by AI technology and 99.99% renewable energy, enables effortless mining of Dogecoin and other major cryptocurrencies. As Dogecoin’s popularity surges, PaxMining emerges as the premier choice for investors at all experience levels seeking accessible mining opportunities.
Why Dogecoin and Cloud Mining Are a Perfect Match
Dogecoin’s low transaction fees and fast confirmation times make it an attractive option for miners seeking high-frequency rewards. Unlike traditional mining, which requires significant upfront investment and energy costs, PaxMining cloud-based approach allows users to rent computing power and earn daily payouts with minimal effort. This model aligns perfectly with Dogecoin’s ethos of accessibility, enabling anyone to participate in the crypto boom.
The platform’s eco-friendly infrastructure, powered by hydropower and solar energy, ensures sustainable mining operations, reducing costs and environmental impact. As Dogecoin’s value continues to rise, PaxMining’s “mine-and-hold” strategy offers users a reliable way to generate passive income in a volatile market.
Multi‑Currency Support: Supports over 9 major cryptocurrencies, including XRP, BTC, ETH, USDT, USDC, SOL, DOGE, LTC, and BCH
Global Reach & Large User Base: Over 8 million registered users in 190+ countries.
No Hardware Needed: Operates 70+ high-performance mining farms worldwide—no user maintenance required
Green Energy Powered: Mining sites run on renewable energy—wind, solar, and hydro—supporting carbon‑neutral goals.
High, Transparent Returns: Offers a variety of mining plans to suit different risk and return preferences.
How to quickly start the PaxMining cloud mining journey?
Register an account and get a $15 reward immediately
Choose a personalized computing power contract
Whether you are a novice or an experienced investor, PaxMining offers a variety of computing power contracts. You can choose the most suitable plan for you according to your budget and profit goals to maximize every penny. Stable income contract:
PaxMining prioritizes user security with enterprise-grade encryption and two-factor authentication, ensuring the safety of funds and data. The platform’s real-time dashboard offers full transparency, allowing users to track computing power, earnings, and transaction history. By leveraging green energy, PaxMining aligns with global sustainability goals, making it an environmentally responsible choice for crypto enthusiasts.
“Dogecoin’s resurgence highlights the growing demand for accessible crypto solutions,” said a PaxMining spokesperson. “Our platform makes it easy for anyone to mine Dogecoin and other cryptocurrencies, combining profitability with sustainability.”
Future Outlook
With Dogecoin gaining traction and the cryptocurrency market expanding, PaxMining is set to introduce enhanced multi-currency mining options and AI-driven yield optimization in 2025. The company remains committed to empowering its global community with innovative, eco-friendly, and profitable mining opportunities.
Conclusion “When computing power breaks free from the shackles of carbon, true financial inclusion begins.” PAXMINING is redefining the essence of cloud mining—not merely as a business, but as a global experiment in the future of sustainable finance. By transforming zero-carbon infrastructure into user cost advantages, incorporating regulatory uncertainty into hedging models, and converti ng institutional trends into ecosystem-level gains, PAXMINING is pioneering a new paradigm for the industry.
For more information or to get started with your mining contract, visit:
ARCHBOLD, Ohio, July 18, 2025 (GLOBE NEWSWIRE) — F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announced that Andrew Briggs, Chairman of the Board, will step down from his position as part of a plan he initiated. Briggs, who has served on the Board for seven years and as Chairman since 2024, will continue serving as a director through his retirement from the Board in 2026 and will work closely with newly appointed Chairman, Kevin J. Sauder, to ensure a seamless transition.
Sauder, who currently serves as Vice Chairman of the Board and is Retired President & CEO of Sauder Woodworking Co., has been named Chairman of the Board, effective today. A member of F&M’s Board since 2004, Sauder brings extensive leadership experience, deep community ties, and a strong commitment to the mission and values of F&M Bank. He and Briggs will work together over the coming year to support board continuity and strategic momentum.
“Andrew’s guidance has been instrumental in helping F&M expand our footprint and deepen our community relationships,” said Lars B. Eller, President and CEO of F&M Bank. “He has been a passionate advocate for our employees, customers, and shareholders. His dedication to ensuring a smooth and collaborative transition is a reflection of his deep commitment to F&M’s future.”
Eller added, “Kevin is a thoughtful, strategic leader who understands the importance of relationship banking in the communities we serve. His business acumen, integrity, and vision make him an ideal successor. I look forward to working with Kevin in his new role as Chairman as we continue building on the strong foundation Andrew helped establish.”
Throughout his tenure, Briggs has played a vital role in advancing F&M’s strategic vision, supporting its community banking mission, and strengthening its governance. His leadership has positioned the bank for continued growth and sustained value for all stakeholders.
About F&M Bank: F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio.
Safe harbor statement Private Securities Litigation Reform Act of 1995. Statements by F&M, including management’s expectations and comments, may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC’s website, www.sec.gov or through F&M’s website www.fm.bank.
Company Contact:
Investor and Media Contact:
Lars B. Eller President and Chief Executive Officer Farmers & Merchants Bancorp, Inc. (419) 446-2501 leller@fm.bank
Andrew M. Berger Managing Director SM Berger & Company, Inc. (216) 464-6400 andrew@smberger.com
London, United Kingdom, July 18, 2025 (GLOBE NEWSWIRE) — In a transformative leap for the digital economy, BAY Miner, a UK-based blockchain company, today announced the official launch of its groundbreaking mobile application that turns any modern smartphone into a powerful cloud-based Bitcoin mining tool. This next-generation app marks a major milestone in democratizing access to cryptocurrency mining, eliminating the need for traditional mining hardware, high power consumption, and complicated setups.
Designed for mass adoption, BAY Miner’s mobile platform opens the door for users worldwide to mine Bitcoin and other top cryptocurrencies through a secure, automated, and eco-efficient infrastructure. Whether you’re a crypto enthusiast or a newcomer seeking to build a passive income stream, BAY Miner offers an all-in-one solution that requires no technical expertise—only a smartphone and an internet connection.
Redefining the Mining Landscape with Mobile Accessibility
Historically, cryptocurrency mining has been reserved for individuals or corporations equipped with specialized hardware and access to cheap electricity. BAY Miner is disrupting that narrative by offering a mobile-first cloud mining experience that removes those barriers entirely.
Through the BAY Miner app, users can lease professional-grade mining power hosted in secure, energy-efficient data centers. These mining operations are powered by renewable energy and managed by blockchain experts—ensuring optimal efficiency, sustainability, and profitability. The mobile interface allows users to select mining plans, monitor real-time performance, and withdraw earnings—all in just a few taps.
How BAY Miner Works: A Five-Step Mining Journey
Sign Up Instantly and Receive $15 Visit https://bayminer.com/, create a free account, and immediately receive a $15 welcome bonus—no upfront investment required.
Select a Tailored Mining Plan Choose from a variety of flexible mining contracts designed for different budgets, risk profiles, and return objectives. Plans range from short-term packages to long-term earning strategies.
Deposit with Trusted Cryptocurrencies Fund your mining account using BTC, ETH, XRP, USDT, DOGE, LTC, BCH, or SOL. All deposits are blockchain-verified and protected by multi-layer encryption.
Automated Cloud Mining Activation Once funded, your mining operation activates automatically—no manual configuration needed. Mining starts immediately and runs 24/7 in the background.
Withdraw Daily Earnings or Reinvest Your account is credited with daily mining rewards, which you can withdraw to your crypto wallet once your balance reaches $100 or reinvest to accelerate earnings.
USD-Based Pricing for Volatility Protection
To ensure maximum stability, BAY Miner uses USD-based contract pricing while allowing deposits in multiple cryptocurrencies. This structure locks the investment value at the time of purchase, shielding users from crypto market fluctuations. Withdrawals are automatically converted back into the user’s preferred cryptocurrency.
Moreover, BAY Miner offers 24/7 multilingual customer support, ensuring a seamless experience for users in over 150 countries. Whether mining in North America, Asia, Europe, or Africa, customers can access professional assistance in real-time.
Why BAY Miner Is Poised to Lead in 2025
As global interest in digital assets grows and inflation continues to erode traditional savings, secure and passive income opportunities are increasingly sought after. BAY Miner provides:
A user-friendly mining platform with over 5 million registered users
Operations spanning 160+ countries
Green mining powered by clean energy sources
Real-time earnings and flexible withdrawal options
Trusted brand backed by blockchain professionals
By leveraging mobile-first technology and sustainable mining infrastructure, BAY Miner is helping individuals worldwide take control of their financial futures—without the traditional costs and complexities of mining.
Ready to Earn Bitcoin with Zero Complexity?
The future of decentralized income is here. With BAY Miner, users can now earn cryptocurrency securely, passively, and sustainably—anytime, anywhere. Whether you’re starting your crypto journey or expanding your portfolio, BAY Miner provides a low-risk, high-reward entry into the digital economy.
Start mining smarter. Start mining with BAY Miner.
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
This letter and its annex serve as a written notice to improve governance, financial governance and financial management at South Cumbria Multi-Academy Trust.
Source: United States Senator for South Carolina Tim Scott
Since U.S. Senator Tim Scott (R-S.C.) announced the Modern Worker Empowerment Act as a part of a package focused on giving independent contractors greater flexibility and benefits earlier this month, key national and South Carolina organizations have come out in support of passage of the bill.
“For decades, our laws have treated flexible work like a fallback, not a choice. Millions are building careers on their own terms—and they deserve benefits and protections that follow the worker, not the job. This legislation is a necessary step toward a future of work that actually reflects how people work today and creates more certainty for innovative companies looking to harness technology to democratize access to work.
We commend Senators Scott, Cassidy, and Paul for advancing legislation that acknowledges the dignity of all work and helps create a more inclusive, responsive economy. This is where the future of work is headed—and policy should meet it there.”
– Regan Parker, Chief Legal and Public Affairs Officer, ShiftKey
“Under the previous administration, truck drivers’ freedom came under fire when the Department of Labor published a rule that made it more difficult to operate independently, despite our home state of South Carolina’s clear language in this regard. We applaud Senator Scott for standing up for the rights of trucking entrepreneurs whose livelihoods were put in jeopardy. His legislation will protect the integrity of our interstate supply chain and ensure that South Carolina truckers who choose to work as independent contractors will be able to continue to run their own small businesses and control their own hours and routes.”
– Rick Todd, President & CEO, South Carolina Trucking Association
“The independent truckers who have spent years or even decades building their own small businesses deserve commonsense regulations that ensure their livelihoods will not be uprooted. Senator Scott has been a champion of the more than 350,000 Americans in trucking who chose this entrepreneurial pathway because of the economic opportunity it creates and the flexibility it provides. ATA strongly supports his legislation to protect independent truckers, and we will continue to work alongside him and other Members of Congress to defend Americans’ right to earn a living in the manner that they choose.”
– Henry Hanscom, SVP of Legislative Affairs, American Trucking Associations
Houston, Texas, July 18, 2025 (GLOBE NEWSWIRE) — In a groundbreaking development, Topnotch Crypto, a London-based blockchain innovator, is transforming the way people earn Bitcoin and give back to society. Through a powerful upgrade to its cloud mining platform, the company is now enabling everyday individuals — even those with zero crypto experience — to mine Bitcoin effortlessly. At the same time, it’s helping global charities become more transparent and efficient through blockchain technology.
Blockchain’s New Role: Empowering Charity Through Transparency
The power of blockchain is no longer limited to cryptocurrencies and decentralized finance. Today, it’s making waves in the world of humanitarian aid. Blockchain’s ability to provide immutable, transparent records is now being used to track donations and ensure that funds reach their intended recipients.
With real-time tracking, donors can now follow the path of every dollar they contribute. Fraud and mismanagement are drastically reduced. This digital trust has given nonprofit organizations a much-needed boost in credibility and reach, encouraging more people around the world to donate.
Cloud Mining Just Got Easier — Thanks to Topnotch Crypto
While blockchain is reinventing charitable giving, Topnotch Crypto is rewriting the rules of Bitcoin mining. The company’s upgraded cloud mining service strips away the traditional barriers associated with mining, such as expensive hardware, excessive power consumption, and technical know-how.
This innovative solution allows absolutely anyone to earn Bitcoin through a quick and guided registration process. The interface is simple. The setup is instant. The rewards are real.
No Equipment. No Complications. Just Click and Earn
Mining Bitcoin used to mean building noisy, heat-emitting rigs and spending thousands on electricity. Not anymore.
Topnotch Crypto’s hosted solution takes care of everything in the background. Users simply log in, subscribe to a contract, and begin mining instantly. No downloads, no maintenance, and no IT skills are needed.
Here’s how to get started:
Start Mining in 3 Easy Steps:
1. Create an account Visit the Topnotch Crypto official website or download the mobile app. Sign up using your email and instantly receive a $15 welcome bonus.
2. Choose a mining contract We offer flexible contract options to suit the needs of users with different experience and budgets.
3. Start earning Bitcoin Once confirmed, your contract activates immediately. The platform allocates computing power automatically. Your live earnings and progress are visible in real-time via a clean, user-friendly dashboard.
Security, Performance, and Daily Payouts
Topnotch Crypto operates on advanced blockchain servers that ensure optimal security and uninterrupted performance. Every mining activity is encrypted, verified, and processed with blockchain accuracy.
Users receive daily Bitcoin payouts and can view detailed earning reports through their accounts. With live customer support and regular platform updates, the entire experience is crafted for ease and peace of mind.
Giving While Earning — A Dual Impact Model
Topnotch Crypto isn’t just about making money. The platform is committed to making a difference. A portion of the platform’s mining revenue is automatically donated to vetted, blockchain-powered charitable causes. This means every miner contributes to a better world while building their crypto portfolio.
This integrated “earn-and-give” model is inspiring a new movement in the crypto space — one that blends digital opportunity with social good.
What Makes Topnotch Crypto Stand Out
With its new upgrades, Topnotch Crypto offers:
· Instant account setup and bonus
· Daily Bitcoin mining rewards
· Flexible plans for all budgets
· Live dashboards with real-time updates
· Built-in donations to blockchain-tracked charities
· No hardware, electricity costs, or tech barriers
London Roots, Global Reach
Born in London, Topnotch Crypto is on a mission to redefine global wealth creation and charitable giving. Its tools are built to reach every corner of the world, helping individuals participate in the digital economy while supporting social impact initiatives.
The company envisions a future where blockchain connects wealth generation and philanthropy in one seamless system — a mission it is already delivering on.
Conclusion: Mining Meets Meaning
Blockchain is changing the world — not just by decentralizing finance, but by making charity more honest and mining more accessible. Topnotch Crypto’s latest platform upgrade is a shining example of this evolution.
For the first time, anyone can mine Bitcoin from home — and contribute to global change at the same time. This isn’t just a platform. It’s a movement toward inclusive digital empowerment and transparent giving.
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
Source: People’s Republic of China – State Council News
BEIJING, July 18 — China has rolled out new measures to encourage reinvestment by foreign-funded enterprises, according to a circular jointly released by seven government bodies, including the National Development and Reform Commission.
According to the circular, the measures cover a wide range of areas, including stronger project support services, streamlined procedures for setting up new reinvested entities, and innovative financial products and services.
These efforts aim to help foreign-funded companies deepen their presence and achieve long-term development in the Chinese market, according to the commission.
The circular clarifies the applicable scope of the incentive measures and outlines requirements such as launching pilot programs on investment information reporting by foreign-funded companies, enhancing information sharing among authorities, and improving evaluation methods for promoting foreign investment.
Source: People’s Republic of China – State Council News
China strengthens supersize market, investment hub position with high-standard opening up in 14th Five-Year Plan period
BEIJING, July 18 — China has made significant progress on key tasks related to consumption, foreign trade and investment cooperation in the 14th Five-Year Plan period (2021-2025). These achievements are expected to continue to inject momentum into global economic growth.
At a press conference held in Beijing on Friday, senior commerce ministry officials highlighted that China has further solidified its position as the world’s second-largest consumption market and biggest goods trader.
“The vast Chinese market has become a shared market for the world and will surely continue to be the source of growth and vitality for the world economy,” said Chinese Minister of Commerce Wang Wentao at the press conference.
The country has also worked to improve the business environment for foreign-funded enterprises during the period, with many multi-nationals saying that China is an “ideal, safe and promising” destination for cross-border investment.
Despite facing challenges from rising unilateralism and protectionism, the officials shared their vision for the upcoming 15th Five-Year Plan period (2026-2030), revealing that China will seek to strengthen international cooperation, increase the resilience of trade and strive to build an international trade pattern, featuring openness, cooperation, common development, and mutual benefits and win-win results.
SUPERSIZED CONSUMPTION MARKET
According to Wang, the commerce minister, China’s supersized consumption market has expanded during the 14th Five-Year Plan period, reinforcing the nation’s position as the second-largest consumer market globally.
With an average annual growth rate of 5.5 percent in the retail sales of consumer goods since 2021 in China, consumption has contributed around 60 percent on average annually to the nation’s economic growth over the past four years, Wang said, who forecast the sales to top 50 trillion yuan (about 7 trillion U.S. dollars) in 2025.
In terms of absolute value, he revealed, China’s retail sales of consumer goods are about 80 percent of those in the United States. However, in terms of real purchasing power, the nation’s retail sales of consumer goods have surpassed those in the United States, Wang said, citing World Bank data and calculations.
In illustrating the huge potential of the Chinese consumption market, the minister said that China has ranked top in terms of online retail sales for 12 consecutive years. China has also been the world’s biggest consumption market for cars and home appliances such as air conditioners and washing machines.
“China has a population of 1.4 billion. Any product, if multiplied by 1.4 billion, means definitely a supersize market,” Wang said, adding that measures will be taken to boost services consumption, which has grown at a much faster rate compared to the consumption of goods.
“The characteristics of China’s consumption market, which feature great potential, strong resilience and abundant vitality, have not changed,” he said, saying that the ministry will introduce targeted measures in light of the changing times and circumstances to further stimulate goods consumption and tap the potential of service consumption in the next five years.
IDEAL INVESTMENT HUB
Data from the Ministry of Commerce (MOC) indicates that as of the end of June this year, China’s actual use of foreign direct investment during the 14th Five-Year Plan period had reached a cumulative total of 708.73 billion U.S. dollars. This figure meant the country has achieved the 700 billion U.S. dollar investment attraction target ahead of schedule.
Demonstrating confidence in investing in China’s investment climate, 229,000 new foreign-funded enterprises were established during the period in the country, an increase of 25,000 compared with the 13th Five-Year Plan period. “Foreign-funded enterprises have contributed one third of China’s imports and exports, one fourth of its industrial added value and one seventh of its tax revenue, and have created over 30 million jobs, making significant contributions to China’s economic and social development,” Vice Minister of Commerce Ling Ji said.
Ling revealed at the press conference that foreign investors have increased their allocations in China’s high-tech sectors compared with 2020, with many multinational companies establishing regional headquarters and global R&D centers in China.
To create a favorable environment for foreign investment, China has expanded opening up by lifting restrictions on foreign investment in the manufacturing industry across the country, Ling said.
Additionally, the country has improved its market and policy environment by implementing various measures with regard to government procurement, intellectual property protection, cross-border data flow and fiscal and tax incentives. Since 2023, the MOC has held over 30 roundtable meetings for foreign-funded enterprises, helping resolve more than 1,500 various demands raised by foreign-funded enterprises, he said.
“Investing in China is investing in the future. We hope that the vast number of foreign-funded enterprises can achieve greater development in the process of China’s modernization,” Ling said.
WIN-WIN RESULTS THROUGH COOPERATION
During the past several years, economic globalization faced headwinds, with unilateralism and protectionism on the rise, causing significant disruptions to the international economic order and governance system. Despite these challenges, China has firmly upheld the multilateral trading system by promoting both multilateral cooperation and regional cooperation, vice commerce minister Li Chenggang said at the press conference.
Throughout this period, China’s trading partners have become more diverse. The Association of Southeast Asian Nations (ASEAN) has remained China’s largest trading partner for five consecutive years. In 2024, the proportion of China’s trade with countries participating in the Belt and Road Initiative has exceeded 50 percent of its total trade, MOC data showed.
“We are a major trading partner of over 150 countries and regions. We not only provide high-quality products and services to the world, but also ensure the resilience and stability of the global industrial and supply chains,” Wang said, who stressed that the huge Chinese market is also a shared market for the world.
From 2021 to 2024, China imported goods worth 7.4 trillion yuan, MOC data showed. Wang said that from the perspective of imports, the Chinese mainland and Hong Kong accounted for approximately 13.3 percent of world’s total goods imports, very close to the 13.6 percent share taken by the United States, quoting data from the World Trade Organization.
Responding to a journalist’s question about China-U.S. economic and trade cooperation, Wang said that despite the ups and downs in China-U.S. economic and trade relations, the two sides have remained important partners to each other in trade and investment. “In 2024, the trade volume of goods between China and the United States was 688.3 billion U.S. dollars, and the trade volume of services was 155.8 billion U.S. dollars. Both figures increased by 18 percent and 34.7 percent, respectively, compared with 2017.”
Wang said that it is inevitable that there will be differences and frictions in China-U.S. economic and trade cooperation, but this is a normal situation and that dialogues and consultations are the best choice to solve problems.
Wang said China is willing to work with the United States, based on the principles of mutual respect, peaceful coexistence and win-win cooperation, to continue to strengthen dialogues and communications, enhance consensus and reduce misunderstandings, and jointly promote the China-U.S. economic and trade relations back to the right track and achieve healthy, stable and sustainable development.
Lancaster, UK, July 18, 2025 (GLOBE NEWSWIRE) — As institutional and retail interest in cryptocurrency mining continues to accelerate, SIM Mining has implemented a suite of enhanced security protocols designed to safeguard user data and platform operations. The announcement follows a broader industry trend prioritising secure, automated, and energy-efficient blockchain infrastructure amid rising cloud mining adoption.
According to a recent article on Yahoo Finance, leading cloud mining providers are scaling renewable-powered facilities while increasing transparency and mitigating risk. In response, SIM Mining has reviewed and reinforced its encrypted platform to align with these evolving standards, ensuring a secure environment for digital asset mining.
The latest audit of SIM Mining’s infrastructure, conducted by an external cybersecurity firm, focused on key risk areas including data encryption, access authentication, and network resilience. Following the review, the platform integrated multi-layer firewalls, real-time threat detection systems, and regionally distributed data backups. These improvements aim to address increasing cyber threats associated with cloud-based blockchain services.
“In today’s digital economy, trust begins with infrastructure,” said Elena Kim, Chief Security Officer at SIM Mining. “Our priority is to provide users with a secure cloud mining environment that adapts to evolving risk landscapes, regulatory expectations, and sustainability demands.”
Cloud Mining Trends and Security Expectations
The global cloud mining sector is undergoing significant evolution in 2025. Industry data shows that
Over 60% of cloud mining services now use renewable energy sources.
Approximately 50% of all new users prioritise platforms with verified third-party security audits.
The adoption rate of AI-powered automation in mining operations has risen by over 35% year-over-year.
This momentum signals a shift from speculative trading to infrastructure-focused participation, where ease of access and data protection are critical components. SIM Mining’s recent platform hardening efforts directly address these user expectations while supporting broader ESG (Environmental, Social, Governance) initiatives.
A Global Rollout of Security-First Infrastructure
As part of the announcement, SIM Mining confirmed its phased rollout of new security architecture across North America, Europe, and parts of Asia. The upgrade includes region-specific compliance enhancements, encrypted traffic protocols, and isolated recovery nodes designed to withstand physical and digital threats.
In addition to platform-level changes, SIM Mining has expanded its global support infrastructure, introducing multilingual assistance teams and localized safety briefings for users in more than 100 countries. These efforts aim to democratize access to mining while educating users on safe participation in the blockchain economy.
“We recognise that many of our users are entering this space for the first time,” added Kim. “Providing secure infrastructure is one thing; helping users understand and benefit from it is equally important.”
Focus on Sustainable and Compliant Operations
Aligned with the industry’s clean energy shift, SIM Mining’s data centers operate on renewable sources, including solar and wind power. This commitment not only helps reduce the environmental impact of mining but also supports platform scalability under growing demand.
Security enhancements were developed in parallel with sustainability improvements, creating a model of resilient, responsible infrastructure—one that meets increasing scrutiny from regulatory agencies and institutional stakeholders.
About SIM Mining
SIM Mining is a technology-driven cloud mining platform offering secure, encrypted, and sustainable blockchain participation to users worldwide. The platform integrates automated mining tools, renewable-powered data centers, and enterprise-grade security to deliver a streamlined and accessible digital asset experience.
Media contact: Full name: Olive Wild Email: info@simmining.com Website: https://simmining.com City: Lancaster; Country: United Kingdom Address: Dalton House, 9 Dalton Square
Disclaimer: This release is strictly informational and not intended as investment or legal guidance. Cryptocurrency markets remain volatile. Please consult a financial professional before investing.
On Friday, 18 July 2025 at 9 am (EET), Coop Pank held an investor webinar, where the Interim Chairman of the Management Board, Heikko Mäe, and the Chief Financial Officer, Paavo Truu, introduced the bank’s unaudited financial results of Second Quarter of 2025. Webinar was held in Estonian language.
Coop Pank would like to thank all participants. Webinar recording is available here: https://youtu.be/VZ40sRcWj-0
Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking has reached 218,000. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti comprising 320 stores.
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
Enterprises operating in single-industry towns and special economic zones will receive financial support for the implementation of investment projects. The order to allocate about 4 billion rubles for these purposes was signed by Prime Minister Mikhail Mishustin.
The issue concerns the launch of a program of preferential lending to businesses in single-industry towns and special economic zones, as well as a program of providing enterprises with bank guarantees under contracts, which will allow entrepreneurs to obtain a guaranteed sales market. The operators of such programs will be JSC “SME Corporation” and JSC “SME Bank”.
Financial support will be provided to small and medium-sized companies that are not affiliated with city-forming enterprises. In addition, such companies should not be participants in the program of preferential lending to small and medium-sized businesses in priority sectors, which is already being implemented by the Ministry of Economic Development.
The priority recipients of such support will be enterprises from 19 single-industry towns. These include, in particular, the towns of Berezovsky and Polysaevo in the Kemerovo Region, as well as the town of Chernogorsk in the Republic of Khakassia.
For the comprehensive development of such single-industry towns, “road maps” are being developed together with regional authorities, providing for the consolidation of government support measures.
The work is being carried out within the framework of the federal project “Development of the subjects of the Russian Federation and individual territories”.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
More than 1.7 billion rubles will be sent to the Orenburg region as compensation for expenses on assistance to citizens affected by the flood in April 2024. The order to this effect was signed by Prime Minister Mikhail Mishustin.
Document
Order dated July 17, 2025 No. 1931-r
The funds were allocated from the Government’s reserve fund. They will be provided to the region in the form of an interbudget transfer.
Federal funding will cover the regional budget’s costs for financial measures of social support for citizens whose housing was lost or damaged as a result of the spring flood of 2024. Thus, of the total amount, almost 1.2 billion rubles will be compensation for payments to citizens who have completely lost their housing. The remaining funds will be used to reimburse expenses for payments for damaged housing.
“It is important that our citizens are not left alone with their misfortune in emergency situations. And the relevant departments and local authorities have done everything necessary to prevent such situations,” Mikhail Mishustin noted, commenting on the document signed onGovernment meeting on July 17.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
Today, the Prime Minister, Mark Carney, announced the appointment of Pierre Moreau as Government Representative in the Senate.
Senator Moreau holds four decades of legal and political experience, including as a senator, lawyer, and member of the Québec National Assembly. In the Québec Cabinet, he held critical roles such as Minister responsible for Canadian Intergovernmental Affairs and the Canadian Francophonie, Minister of Transport, Minister of Municipal Affairs, President of the Treasury Board, and Minister of Energy and Natural Resources.
Senator Moreau’s expertise and experience will advance the government’s legislative agenda to bring down costs, keep communities safe, and build one strong Canadian economy.
The Prime Minister thanks Senator Marc Gold for his many years of service as the Government Representative in the Senate and wishes him well on his retirement.
Saskatoon, SK., July 18, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning developer of drone solutions, software, and robotics, today announced that it has entered into a securities purchase agreement with several institutional investors to purchase 4,672,895 units of the Company (the “Units”), at a price of US$5.35 per Unit, for gross proceeds of approximately US$25.0 million, before deducting placement agent discounts and offering expenses (the “Offering”).
Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”). The Warrants will entitle the holder thereof to purchase one Common Share at an exercise price of CA$7.3579 (the Canadian dollar equivalent of US$5.35) per Common Share, are exercisable immediately and will expire five years following the date of issuance.
Maxim Group LLC is acting as sole placement agent for the Offering.
Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company’s core products, potential acquisitions and research and development. The Offering is expected to close on or about July 21, 2025, subject to the satisfaction of customary closing conditions.
The Offering is subject to customary closing conditions including receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange and notification to the Nasdaq Stock Market.
The Offering is being made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 5, 2023 and the Company’s Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Draganfly will offer and sell the securities in the United States only. No securities will be offered or sold to Canadian purchasers.
A prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof will be filed with the applicable securities commissions in Canada and with the SEC in the United States and will be available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. Copies of the prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering may be obtained, when available, by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.
Certain statements contained in this news release may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the timing, size and expected gross proceeds of the Offering, the satisfaction of customary closing conditions related to the Offering and sale of securities, the intended use of proceeds, and Draganfly’s ability to complete the Offering. Closing of the Offering is subject to numerous factors, many of which are beyond Draganfly’s control, including but not limited to, the failure of the parties to satisfy certain closing conditions, and other important factors disclosed previously and from time to time in Draganfly’s filings with the securities regulatory authorities in the Canadian provinces of British Columbia, Ontario and Saskatchewan and with the SEC. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws. Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.
New York City, NY, July 18, 2025 (GLOBE NEWSWIRE) — Unlock effortless cloud mining profits with AAS MINER, the leading cloud mining platform driven by advanced AI. Whether you’re just starting BTC mining or you’re a seasoned crypto investor, AAS MINER makes it simple to earn fixed daily returns—no hardware, no hassle.
1. Get Started in Minutes with a $10 Welcome Credit
Sign up at www.aas8.com and instantly receive $10 free credit when you verify your account. Reinvest that credit into daily mining contracts at no cost and start earning right away. Each free contract yields about $0.80 per day, compounding your profits from day one.
2. AI-Driven BTC Mining for Peak Performance
AAS MINER’s proprietary AI engine continuously analyzes:
Bitcoin network difficulty
Real-time hash-rate trends
Global electricity costs
By dynamically allocating compute power to the most profitable pools, our cloud mining service outperforms traditional rigs. The result is higher BTC mining yields without the complexity or overhead of on-site equipment.
3. Simple Dashboard & Flexible Withdrawals
Monitor and manage all your contracts through a unified web and mobile dashboard. You can:
Track live hash rate and daily earnings
Withdraw crypto rewards directly to your wallet
Reinvest profits into new contracts with a single click
There are no minimum withdrawal amounts or hidden fees—just pure, transparent cloud mining income.
Investing in cloud mining can feel risky, but not with AAS MINER. Every AI-driven contract is 100% guaranteed for principal and interest, offering fixed daily returns between 1.88% and 5.2%. Our trust framework includes:
AAS Miner AI cloud computing contract revenue example diagram (visualization)
On-Chain Auditing: All contracts, hash-rate records, and payouts are recorded on the blockchain for real-time verification.
Smart-Contract Security: Funds are locked in audited, tamper-proof smart contracts—eliminating counterparty risk.
Regulated Custody Partners: We safeguard assets with top-tier, insured custodians for institutional-grade protection.
24/7 Live Support: A dedicated team and transparent reporting tools keep you informed every step of the way.
Why AAS MINER Excels
Zero-Maintenance BTC Mining: No noisy rigs or high electricity bills.
AI Optimization: Dynamic compute-power allocation maximizes ROI.
Guaranteed Daily Returns: Fixed 1.88%–5.2% yields mean predictable income.
Instant $10 Bonus: Free credit plus daily contracts yield ~$0.80/day.
Multi-Crypto Support: Mine BTC, BCH, ETH, SOL, XRP, LTC, DOGE, USDT/USDC, and more.
Fully Transparent: Publicly verifiable on-chain audits for complete peace of mind.
Start Earning Passive Crypto Income Today
Transform idle funds into a powerful revenue generator with AAS MINER’s AI-powered cloud mining platform. Visit www.aas8.com, claim your $10 welcome credit, and begin your BTC mining journey with guaranteed daily returns. Your hassle-free path to passive crypto income starts now!
Disclaimer: The information provided in this press release is for reference only and does not constitute an investment invitation, financial advice, or trade recommendation. Cryptocurrency mining and staking involve risks and may result in financial losses. We strongly recommend conducting thorough due diligence and consulting professional financial advisors before engaging in cryptocurrency or securities investments and trades.
One Year Later, America’s Patriotic Beer Returns to Eldora Speedway – Bigger, Bolder, and Still Raising a Cold Beer to Hardcore Racing Fans
NASHVILLE, TN, July 18, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes (championsafe.com), personal security and self-defense products and apparel, is revved up to return to Eldora Speedway for the 42nd Annual Kings Royal Race Week. Known for high horsepower, heart-pounding action, and some of the most passionate racing fans in the country, Eldora provides the perfect backdrop for America’s Patriotic Beer to connect with its growing base of freedom-loving consumers. American Rebel Light Beer is proud to be in the mix as fans raise a cold one to celebrate grit, speed, and the American spirit.
From the Track to the Stage – American Rebel Light Beer is Building Brand Loyalty at the Heart of Americana. “Where Freedom Lives, American Rebel Pours”
American Rebel Light Beer is committed to building its brand at the grassroots level by showing up where patriotic Americans live, play, and celebrate their freedom. Authentic venues like Eldora Speedway—and similar motorsports and music destinations—are not just event spaces; they are cultural gathering points for our like-minded consumers. These fans embody the same values that define our brand: grit, loyalty, and unapologetic patriotism. By aligning with high-energy, Americana-rich events, we continue to drive exposure, foster brand loyalty, and grow our community of freedom-loving beer drinkers. We don’t just advertise to our customers—we meet them in the dirt, the stands, and the pit row with an ice-cold can of American Rebel Light in hand.
“Rebel Light (Beer) is back at Eldora—and this year, we’re louder, prouder, and packing even more punch,” said Andy Ross, CEO of American Rebel Holdings. “American Rebel Light Beer is America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem Singing, Stand-Your-Ground Beer that Eldora’s die-hard race fans embraced with open arms. Last year was electric. This year, we’re redlining the throttle—with more brand horsepower, more ice-cold beer, and more American pride than ever before. This is where freedom lives—and we’re proud to be pouring it right in the heart of racing country”
Established in 1954 by racing pioneer Earl Baltes, Eldora Speedway (eldoraspeedway.com) quickly became a cornerstone of American dirt track racing. In 2004, three-time NASCAR Cup Series Champion Tony Stewart purchased the track, bringing his deep passion for grassroots motorsports to one of the sport’s most revered venues. Under Stewart’s ownership, Eldora entered a new era—hosting marquee events like the Kings Royal, World 100, and Dirt Late Model Dream, while undergoing major upgrades to elevate the fan and driver experience.
Stewart doesn’t just own Eldora—he raced it, lived it, and transformed it. His leadership helped solidify the track’s reputation as the beating heart of dirt racing in America. Today, as proud sponsors of Tony Stewart Racing, American Rebel Light Beer stands alongside a team and a legacy that reflect the same bold, unapologetic spirit found in every can of Rebel Light.
“Eldora isn’t just a race—it’s a ritual,” said Todd Porter, President of American Rebel Beverage. “It’s where fans come to celebrate grit, loyalty, and the kind of Americana that’s in our DNA. We’re proud to be part of the Kings Royal legacy and deliver a beer that reflects those values in every pour.”
America’s Fastest-Growing Patriotic Beer – American Rebel Light
Race fans in attendance at Eldora Speedway will once again have the opportunity to raise a cold American Rebel Light Beer, the 4.3% ABV light lager that’s smooth-drinking, all-natural, and brewed without corn, rice, or sweeteners. Available in 12 oz 12-packs and 16 oz Tall Boys, it’s the beer of choice for freedom-loving fans coast to coast.
Join American Rebel Light Beer Trackside at Eldora Speedway on Friday July 17, 2025 and Saturday July 18, 2025
Free American Rebel swag
16oz Tall Boys for $3 (21+)
American Rebel Promotional Team will be out Celebreating Life, Celebrating Freedom and Celebrating Beer!
About American Rebel Light Beer
American Rebel Light is a Premium Domestic Light Lager Beer – all-natural, crisp, clean and bold with a lighter feel. At approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, it delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s brewed without added supplements and doesn’t contain corn, rice, or other sweeteners typically found in mass-produced beers.
America’s Patriotic, God-Fearing, Constitution Loving, National Anthem Signing, Stand Your Ground Beer, American Rebel Light, is more than just a beer – it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.
Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana, Virginia and now Mississippi. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on social media platforms (@AmericanRebelBeer).
About American Rebel Holdings, Inc.
American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebelbeer.com. For investor information, visit americanrebel.com/investor-relations.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc. (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts,” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements.
We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025.
Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.
WASHINGTON —Congressman Morgan Luttrell (R-TX) released the following statement after he supported the passage of the Senate Amendment to H.R. 4, theRescissions Act of 2025, to codify the Trump Administration’s rescissions request:
“America has been on the wrong track for too long, spending money we don’t have on programs that don’t deliver results for hardworking families. Thankfully, the Trump Administration is taking our national debt crisis seriously and has laid the roadmap for robust, necessary, and commonsense reforms to bring accountability back to Washington. This legislation represents a crucial first step toward fiscal sanity, and I’m proud to stand with President Trump and my Republican colleagues in getting America’s financial house back in order.”
This legislation would rescind $9 billion in unnecessary funding appropriated in FY24 and FY25 from programs in the State Department and the Corporation for Public Broadcasting (CPB).
New York, NY, July 18, 2025 (GLOBE NEWSWIRE) — As Ripple’s XRP ecosystem gains global momentum, PFMCrypto is proud to introduce a major leap in accessible crypto mining: the launch of XRP-focused cloud mining contracts. Now available on both web and mobile platforms, these flexible short-term contracts allow users to mine XRP remotely and receive daily XRP rewards—no mining hardware, no complex setup, and no prior experience required. For the first time, retail participants can engage with the XRP economy through a streamlined, fully integrated platform. Explore the PFMCrypto website or download the app today.
XRP Cloud Mining Is Here—Simple, Smart, and Rewarding Traditionally known for its role in cross-border payments and institutional finance, XRP now enters a new chapter with PFMCrypto’s latest innovation: easy-to-use cloud mining. Users can mine XRP directly or leverage PFMCrypto’s intelligent AI engine to automatically switch between the most profitable assets—including BTC, ETH, DOGE, USDC, and more—for optimized returns. All earnings are paid out daily in your chosen cryptocurrency, providing reliable income regardless of market fluctuations. Designed for both everyday users and professional investors, this platform empowers users to generate consistent crypto earnings from anywhere, at any time.
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XRP Mining for a Digital Future Since 2018, PFMCrypto has helped millions of users around the world generate passive crypto income through secure, smart, cloud-based mining. With the introduction of XRP mining, the platform offers the ideal combination of institutional-grade infrastructure and retail accessibility. Now, users can choose to earn directly in XRP or diversify into major digital assets—all within a secure, fully remote environment. “XRP has always been fast, efficient, and scalable,” said a PFMCrypto spokesperson. “Now, it’s also mineable—securely, remotely, and profitably. We’ve eliminated the barriers so anyone can participate in XRP’s future growth.” Markets may shift—but daily mining income can remain steady.
HALIFAX, Nova Scotia, July 18, 2025 (GLOBE NEWSWIRE) — Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF), based in Halifax, Nova Scotia, focused on Developing Production at the El Tigre Silver Mining District in Sonora Mexico, today announced that Glenn Jessome, President & CEO, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 23, 2025.
DATE: July 23 TIME: 10:30 AM ET LINK:REGISTER HERE Available for 1×1 meetings: July 23 – 25
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
About Silver Tiger and the El Tigre Historic Mine District
Silver Tiger Metals Inc. is a Canadian company whose management has more than 27 years’ experience discovering, financing, and building large hydrothermal gold and silver mines in Mexico. Silver Tiger’s 100% owned 28,414 hectare Historic El Tigre Mining District is located in Sonora, Mexico. Principled environmental, social and governance practices are core priorities at Silver Tiger.
Silver Tiger commenced work on its El Tigre Project in 2017. El Tigre intends to build an open pit and underground mine. Silver Tiger has drilled over 150,000 meters at the El Tigre Project, with 119,000 meters completed since 2020. Silver Tiger has completed several MREs, a maiden MRE in 2017 and MRE updates in 2023 and 2024. The PEA for the El Tigre open pit was released in November 2023.
The October 2024 PFS for the El Tigre open pit delivered robust economics. The PFS projects an After-Tax NPV of US$222 million at a 5% discount rate, an After-Tax IRR of 40.0%, and a payback period of 2.0 years. This open pit operation is expected to have a 10-year mine life. The El Tigre project delivers a life of mine undiscounted After-Tax Cash Flow of US$318 million, with initial capital costs of $86.8 million (including $9.3 million in contingency). Operating cash costs are projected at $973/oz AuEq and $12/oz AgEq, with AISC at $1,214/oz AuEq and $14/oz AgEq. The economics of the Project have been evaluated based on a discounted $26/oz silver price and gold price of $2,150/oz.
Silver Tiger is now drilling from underground drill pads, focusing on the high-grade silver Veins, Sulphide and Shale Zones. A PEA for the permitted underground mineral resource is expected to be released in July 2025.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
CONTACTS: Silver Tiger Metals Inc. Devin Devarennes VP Corporate Development & Investor Relations 902-233-3656 Devin@silvertigermetals.com
Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
Mike returned home to Philadelphia after a 15-year prison sentence and suffered an emotional breakdown.
“I just couldn’t stop crying … I don’t know. It was the anxiety. It was just a lot,” he said. “I was under a lot of pressure and it just came crashing down.”
Mike, who was in his late 40s when we spoke, told me about his childhood filled with abuse, his first arrest at age 14, and the over 20 years of his life that he spent behind bars.
As a registered nurse and nurse scientist who studies how incarceration affects mental health, I know Mike’s experience after release from prison is not uncommon. Studies show that Black men who have experienced incarceration have higher rates of PTSD, depression and psychological distress compared with Black men who have never been incarcerated.
Working in psychiatric hospitals in Philadelphia, I met many patients in crisis who had been incarcerated at some point in their lives. As a part of my doctoral research, funded by the National Institute of Nursing Research, I interviewed 29 formerly incarcerated Black men to understand how incarceration has affected their mental health.
My peer-reviewed findings were published in the journal Social Science & Medicine. All quotes shared here use pseudonyms to protect the men’s privacy.
Many formerly incarcerated men described experiencing or witnessing violence, including being beaten by correctional officers and witnessing close friends get assaulted or killed.
“You know you are not regular because you come from a traumatic situation, right?” said Thomas, 44, who spent 18 years incarcerated.
The participants expressed that racism was common, especially while incarcerated in facilities located in the rural central and northern regions of Pennsylvania.
“I ain’t gonna sugar coat it – Black people going up into them white people mountains, they call you [n-word] all day long and you basically there to accept it,” Antonio told me.
Incarceration was especially difficult for those who were held for months pretrial without ever being convicted and those incarcerated during COVID restrictions who spent more than 23 hours a day in their cells.
‘Even though I’m free, I ain’t free’
Participants described life on parole or probation, or in transitional housing, as another form of confinement.
Ken, 56, has been out of prison for over a decade but said, “I’m still locked up, even though I’m free, I ain’t free. You just get a whole new set of rules and regulations.”
Men described significant anxiety related to community supervision requirements, including difficulty sleeping the night before a probation appointment.
Participants also described distress caused by “no association” restrictions. These are common parole and probation requirements that prohibit people under supervision from interacting with others who have criminal records, are also under supervision or are currently incarcerated. Violating this requirement can lead to a technical violation and reincarceration.
While these requirements are meant to reduce the risk of reoffending, they often isolate people from supportive relationships and resources, including housing and employment.
“[There are] a lot of smart brothers in there. And it hurts my heart. And that’s where the depression coming in too,” said Reese, who spent six years incarcerated. “I can’t contact them in jail. … That’s just how it is in the system.”
Philadelphia has the highest rate of community supervision – including probation and parole – among the largest U.S. cities, according to a 2019 analysis by The Philadelphia Inquirer.
The men I interviewed said they felt like parts of them never left jail or prison, while others felt that they brought prison or jail home with them.
Tyrese, 34, said he stays home as often as he can.
“I’ve been out of the joint for seven years now and feel like I’m still institutionalized, I guess,” he said. “I know people that don’t even come outside,” referring to other formerly incarcerated men.
Others had dreams that they were back in a cell, or at home still wearing jail clothing. Long after release, many described constant hypervigilance and anxiety.
“I can be walking to the bus station and there be people walking around me, I’m constantly watching them,” said Anthony, who was first incarcerated at age 18 and served 16 years. “I’m watching every movement they’re doing. That’s a habit I had from jail.”
Philly rapper Meek Mill, shown here at a 2018 rally outside a Center City courthouse, was sentenced to probation for 10 years after a conviction on drug and gun charges. He became an advocate of criminal justice reform. Michael Candelori/Pacific Press/LightRocket via Getty Images
Finding work
People who have been incarcerated often struggle to find employment after release, as many employers are unwilling to hire a person with a criminal record.
At the time of our interview, Tay, 31, was working part-time in carpentry. “Because I had felonies on my record a lot of places won’t hire me,” he said. “And a couple of places that I was working with, they ended up firing me once they did the background check.”
These frustrations can easily spill over into family life.
Mark, 30, also works part-time and said he found himself frequently becoming agitated and snapping at his kids, other family members and his girlfriend. “I can’t get the job I want or the job that I need to do what I need to do for my family and I’ll be frustrated,” he shared.
Participants struggled with having to depend on others for basic needs upon release. Kenny, who is now self-employed as a caterer, recalled his experience a few years earlier. “I was crying. I was a grown man, almost 40 years old, and my mother had to buy me underwear, socks,” he said.
The importance of fatherhood
Despite their many hardships, some of the men spoke with joy about reconnecting with their children.
“I think the most positive thing that happened since I’ve been out of prison is I got custody of my sons,” said Ken, a father of two. “Them kids saved me.”
Like many of the other participants with children, however, he was frustrated about being unable to provide for them and worried about repeating harmful cycles.
“You want to do good, but it makes you think bad stuff when you don’t have the right resources,” he continued. “You don’t want [your kids] to do the same things you did.”
Others struggled to bond with their children after years of separation.
John, 29, explained, “The bonding is kind of awkward, because you wasn’t there, especially during the pandemic when there was no visits allowed.”
Shawn, who lives in pubic housing, showed me abandoned buildings and boarded storefronts in his neighborhood and described how the environment made rebuilding his life harder.
For many participants, returning to divested communities brought stress. They experienced frequent exposure to substance use, violence and negative police encounters, and they had limited access to basic resources and job opportunities needed to support recovery and stability.
“This is my real life. It’s not fake. It’s not no, ‘Well, why did he go back and do this or that?’” he said. “I live in an underserved, impoverished, danger zone – period.”
Moving forward
The experiences these men shared with me demonstrate how traumatic incarceration is, even many years after release.
Supporting the mental health of formerly incarcerated Black men requires trauma-informed services, such as culturally responsive counseling, peer support and care that acknowledges the lasting effects of incarceration.
It also means helping them build or rebuild their financial resources, reconnect with their children and loved ones, and supporting the broader communities they return to through investment in housing, employment and accessible health and social services.
Helena Addison received funding from National Institute of Nursing Research of the National Institutes of Health under Award Number F31NR020434, the Substance Abuse and Mental Health Administration and American Nurses Association Minority Fellowship Program, the University of Pennsylvania’s Presidential PhD Fellowship, and Jonas Philanthropies to support this study and/or her PhD training. The content is solely the responsibility of the authors and does not necessarily represent the official views of the National Institutes of Health, or any other funding organizations or institutions. The views expressed in written training materials or publications and by speakers and moderators do not necessarily reflect the official policies of the Department and Human Services; nor does mention of trade names, commercial practices, or organizations imply endorsement by the U.S. Government.
OAKLAND – Staccato Powell, a former bishop in the African Methodist Episcopal Zion Church (“AME Zion”), pleaded guilty in federal court today to wire fraud, mail fraud, and conspiracy to commit wire fraud and mail fraud in connection with a far-reaching scheme to obtain control of church properties in California using false statements, forged documents, concealment, and deception.
Powell, 65, of Wake Forest, North Carolina, was indicted along with co-defendant Sheila Quintana by a federal grand jury in January 2022. Quintana pleaded guilty to conspiracy to commit wire fraud and mail fraud in April 2025.
According to court documents and the plea agreement, in 2016, shortly after Powell was selected as bishop and assigned to AME Zion Church’s Western Episcopal District, a geographic division of the church covering several states in the western United States, including California, he formed an entity called Western Episcopal District, Inc. (WED, Inc.). Powell was the chief executive officer of WED, Inc. and Quintana was the chief financial officer from 2017 to 2019.
In 2016, Powell instructed pastors of AME Zion Churches throughout the Western Episcopal District to sign deeds granting WED, Inc. title to their congregation’s property – typically the church building, but also any outbuildings, lots, parking lots, and residences used by the pastors. At Powell’s direction, Quintana and other WED, Inc. officers worked on completing the necessary steps to accomplish the transfer of titles through grant deeds.
Starting in early 2017, Powell instructed Quintana and other WED, Inc. officers to obtain loans using the property of local AME Zion Churches acquired through the grant deeds as collateral for the loans. In response to the lenders’ request for confirmation of the local AME Zion Church’s authorization of the loan, Powell caused to be created documents purporting to be resolutions by churches to support WED, Inc.’s loan applications. In several instances, Powell directed WED, Inc. to use church resolutions with false statements, and directed Quintana to create the false documents and sign the resolutions in the name of an officer with the local church.
In pleading guilty, Powell admitted to fraudulently obtaining mortgages on the following church properties:
Kyles Temple in Vallejo: Powell formed a group that included co-defendant Quintana to assist with the purchase of a $1.5 million episcopal residence in Granite Bay, with approximately $1 million covered by a bank loan. At Powell’s direction, to obtain the additional $500,000 in funding, the group identified two church properties, including Kyles Temple in Vallejo, that would be used as collateral to secure the financing to purchase the episcopal residence. Quintana executed the loan documents using a false resolution, which she drafted at Powell’s direction, that purported to confirm approval of the transaction by the Kyles Temple congregation. Powell also directed Quintana to draft the resolution to indicate that there had been a church meeting at which the board of trustees approved it and purportedly gave Quintana authority to execute loan documents as chair of the Kyles Temple Board of Trustees. No such meeting to discuss or approve the resolution had occurred.
First AME Zion Church in San Jose: In 2017, Powell determined that the First AME Zion of San Jose would be used as collateral for a new loan to purchase a parsonage, and instructed Quintana to execute the purchase agreement on the new residential property. At Powell’s direction, Quintana prepared a resolution of the First AME Zion Church of San Jose’s trustee board approving the transaction including the use of the church’s property as collateral for the loan. Quintana then prepared, again at Powell’s direction, a second resolution on the San Jose church’s letterhead falsely stating that a membership meeting was held at the church to vote on “deeding all properties to the AME Zion Western Episcopal District, Inc., of The African Methodist Episcopal Zion Church” and that the church’s membership unanimously approved the transaction and authorized its pastor to sign all transaction documents. In fact, the church’s trustee board met twice to consider whether to execute a deed transfer to WED, Inc. and Powell knew that at these meetings the trustee board voted against the deed transfer. Nevertheless, Powell directed Quintana to proceed with the loan transaction in the amount of $750,000, using the church as collateral based on the false resolution. Powell later learned that the AME Zion Church of Los Angeles held a title interest in the San Jose church and directed Quintana to prepare another resolution. This resolution falsely stated that the AME Zion Church in Los Angeles held a membership meeting on October 12 and voted to deed the church in San Jose to WED, Inc. Subsequently, in December 2019, Powell directed WED, Inc. officers to encumber the San Jose church with an additional debt of $3 million. Powell admitted that he knew that the San Jose church did not authorize either the $750,000 loan or the $3 million loan.
Greater Cooper AME Zion Church in Oakland: Powell decided in 2018 to use the Greater Cooper AME Zion Church in Oakland as collateral for a loan in the amount of $1.1 million. At Powell’s direction, Quintana obtained a resolution from Greater Cooper signed by the reverend transferring title to WED, Inc., and signed grant deeds in May 2019 transferring the church property to WED, Inc. Then, in November 2019, the reverend signed a grant deed transferring all interest in title from Greater Cooper AME Zion Church to WED, Inc., which then executed a second loan of $500,000, with the Greater Cooper property used as collateral. Powell admitted that the Greater Cooper congregation did not authorize the loans.
University AME Zion Church of Palo Alto: In 2017, Powell informed the pastor of University AME Church that he planned to use the church as collateral for a $200,000 loan to assist another AME Zion Church in Sacramento. Powell directed Quintana to prepare a transfer of deed of the University AME Church to WED, Inc. After the reverend signed the grant deed, Powell directed Quintana to execute the necessary paperwork for a $2 million dollar loan using University AME Zion Church as collateral. Although Powell told Quintana he would inform the reverend of the $2 million loan, Powell never did so. Powell encumbered the University AME Church with unauthorized loans totaling approximately $3.9 million.
First AME Zion Church in Los Angeles: Powell decided in December 2017 that the First AME Zion Church in Los Angeles would be used as collateral for a new loan. Powell informed Quintana that he had spoken to the pastor of the Los Angeles church and that the pastor told him that the membership had approved the transfer of title from the Los Angeles church to WED, Inc. Based on Powell’s representation, Quintana prepared a resolution purportedly from the Los Angeles church confirming its approval of the loan and placed a signature on the resolution purporting to be that of the church’s secretary. Later, in furtherance of Powell’s instructions to use the Los Angeles church as collateral, Quintana prepared an updated resolution which also purported to document a meeting at which the membership approved the transfer of title to WED, Inc. and which authorized Powell to sign all documents pertaining to the transaction, again with the church secretary’s forged signature. Based on the false resolution with the forged signature, Quintana executed the deed of trust and other loan paperwork for this $1.2 million loan. As a result, WED, Inc. obtained the $1.2 million loan using the Los Angeles church property without the authorization of the congregation.
Further, Powell admitted that at his direction, WED, Inc. borrowed $2.15 million in September 2019 to pay off other outstanding loans and $3 million in December 2019 to pay off the September 2019 loan, using several AME church properties in Arizona and California as collateral.
In addition, while serving as bishop, Powell diverted some of the funds borrowed by WED, Inc., using properties of local AME Zion Churches as collateral, for his personal benefit, including purchase of real property in North Carolina for two of his children and payment of mortgage debt that he owed on a residence in North Carolina.
Powell caused WED, Inc. to file for bankruptcy in a July 2020 petition, in which it claimed its assets included 11 churches, a parsonage, and Powell’s official residence. The petition stated that WED, Inc.’s real property was worth over $26 million with debts totaling over $12 million.
In connection with pleading guilty, Powell agreed to pay restitution in an amount no less than $3,000,000 and no greater than $12,475,453. He also agreed to forfeit any interest, claim, or right in the properties of the AME Zion Church denomination.
United States Attorney Craig H. Missakian and FBI Special Agent in Charge Sanjay Virmani made the announcement.
Powell is currently released on bond. Powell’s sentencing hearing is scheduled for Sept. 23, 2025, before Senior U.S. District Judge Jeffrey S. White. Defendant faces a maximum statutory penalty of 20 years and a $250,000 fine for each count. Any sentence will be imposed by the court after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.
Assistant U.S. Attorney Jonathan U. Lee is prosecuting the case with the assistance of Kathy Tat, Helen Yee, and Yenni Weinberg. The prosecution is the result of an investigation by the FBI.
Source: United Kingdom – Executive Government & Departments
Press release
Boost for travelers and businesses as Germany opens up eGates
UK and Germany agree to phased opening of German eGates for UK travellers
Germany agrees to phased opening of e-gates for the over 3 million Brits visiting each year
Follows UK-EU Summit in May and agreement that there were no legal barriers to allow UK citizens access to e-gates in more EU Member States after the introduction of the EU’s Entry/Exit System
Millions of UK travellers to Germany will be able to use e-gates in the future thanks to a new agreement made between Prime Minister Keir Starmer and German Chancellor Friedrich Merz today (Thursday 17 July). Part of a landmark bilateral treaty between the two countries.
Germany will roll out the first phase of e-gates access for UK travellers by the end of August, starting with frequent travellers such as Brits with family in Germany or who travel regularly for business. Access for all UK nationals will be possible once Germany has completed technical updates to its entry systems as it introduces the new EU’s Entry/Exit System.
3.2 million Brits visited Germany in 2023, with numbers growing steadily since the Covid pandemic. Opening up e-gates in Germany, and across the EU, will support UK trade and tourism and boost growth through the Plan for Change.
The agreement follows the successful UK-EU Summit in May, where the UK and EU made clear that there were no legal barriers to even more EU countries allowing UK citizens to use eGates at airports. EU Relations Minister Nick Thomas Symonds also visited Berlin in June to discuss e-gates, among other issues, with German ministers.
Since then, the UK has secured e-gates access for UK citizens traveling to Bulgaria and now into Germany. Other countries and airports have also opened up access, including Portugal (Faro airport) and the Czech Republic (Prague airport) and Estonia has confirmed they will open up access at (Tallinn airport) in 2026.
EU Relations Minister, Nick Thomas-Symonds said:
eGates can make the slog of travelling through an airport that bit easier, which is why I have been working with the EU and member states to get more airports opened up to Brits abroad.
With £30 billion of services trade between the UK and the EU, this agreement isn’t just good for holidaymakers, it’s good for British businesses too. Making traveling easier between Europe’s biggest economies, to get deals done and boost growth.
The UK and Germany have a trading relationship worth almost £150 billion a year. Germany is the UK’s second largest trading partner behind the USA, where the UK agreed a new trade deal last month.
The UK exports almost £30 billion worth of services to Germany each year, a growing market for British service providers. Services trade, like financial services, IT and consultancy are heavily reliant on face to face meetings and this e-gates agreement will save British firms valuable time.
While many EU countries now allow UK citizens to use e-gates, the government is continuing to work with others to do so.
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~ Three Finalist Projects to Compete in Pioneering Corporate AI Program Demonstrating Tangible ROI and Innovation ~
NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading technology conglomerate in the Latin American SaaS sector, is pleased to announce the successful debut of its inaugural NuviniAI Day, held on July 17, 2025, at Oracle’s headquarters in São Paulo. This landmark event celebrates the culmination of the NuviniAI program—a strategic, company-wide initiative designed to accelerate artificial intelligence (“AI”) adoption, drive digital transformation, and position Nuvini at the forefront of enterprise-grade artificial intelligence integration.
Program Overview: A Strategic Leap Toward AI Leadership
Launched in June 2025, the NuviniAI program attracted ten (10) AI project submissions from across the Nuvini ecosystem. With an average return on investment of 523% and a payback period of just 4.2 months, the initiative has delivered tangible business results that validate AI as a strategic lever for growth. The program’s success reflects Nuvini’s broader vision of embedding innovation, scalability, and operational efficiency into its core operations through technology.
“The NuviniAI program exemplifies our belief that AI is not just a tech upgrade—it’s a business imperative,” said Pierre Schurmann, Chief Executive Officer at Nuvini. “The results we’ve achieved so far prove that measurable, scalable AI impact is possible with clear vision and strong execution.”
Finalist Projects: AI in Action
After initial presentations on June 18th, and final selection on June 24th, three standout projects advanced to the final phase with hands-on Oracle support. These projects received infrastructure, AI tools, and technical mentorship, preparing for live demos at NuviniAI Day.
AIMÊ – Intelligent Public Tender Analysis (Effecti)
AIMÊ revolutionizes the public tender analysis process through advanced generative AI, natural language processing, and optical character recognition technologies. The solution has already processed over 2,050 public tenders since March 2025, achieving 75% response accuracy while dramatically increasing productivity, with an estimated return on investment (“ROI”) of 1400%, more than 75% user base activation and a payback period of just 6 months.
Business Scout – Automated Acquisition Intelligence (Datahub)
Business Scout transforms mergers and acquisitions (“M&A”) opportunity identification through automated web scraping and intelligent analysis powered by GPT technology. The platform has an extensive database of over 3 million companies in Brazil and promises to have its pay back within 6 months while enabling faster, more accurate strategic decisions in the M&A process.
LeadIA – AI Marketing Assistant and Executor (Leadlovers)
LeadIA addresses the critical challenge of marketing execution by providing an intelligent AI agent that assists users in implementing practical marketing actions. Leveraging OpenAI, TypeBot, and N8N technologies, LeadIA serves over 10,000 active accounts. The solution is expected to demonstrate a remarkable 35% increase in user activation and 20% reduction in first-month churn, with a payback period of only 3 months.
The event will bring together technology leaders, industry experts, and Nuvini executives to witness the culmination of this groundbreaking initiative. The winning project will receive additional support for enterprise-wide implementation and serve as a model for future AI initiatives across the organization.
“NuviniAI Day represents more than a competition—it’s a celebration of innovation and a demonstration of our commitment to technological leadership,” emphasized Mr. Schurmann. “The solutions being presented have the potential to transform not just our operations, but to set new standards for AI implementation in the Brazilian SaaS sector.”
The Oracle São Paulo office served as the venue for the final presentations on July 17th, where each project team had the opportunity to demonstrate their enhanced solutions to a panel of expert evaluators, including Nuvini’s C-level executives, board members and Oracle personnel. The selection criteria focused on technical innovation, business impact, scalability potential, and alignment with Nuvini’s strategic objectives.
Industry Context and Market Leadership
The NuviniAI program launches at a critical juncture in the Brazilian technology landscape, where artificial intelligence adoption has become a strategic imperative rather than a competitive advantage.
The SaaS sector, where Nuvini maintains a strong presence, is experiencing unprecedented transformation driven by AI integration. Companies are investing substantial amounts in SaaS products, with AI integration identified as the primary trend shaping the industry in 2025.
“We’re witnessing a fundamental shift where AI adoption is no longer about innovation—it’s about survival,” explained Schurmann. “Companies that fail to integrate AI capabilities risk being left behind as the pace of digital transformation accelerates globally.”
The NuviniAI program positions Nuvini ahead of this curve, demonstrating measurable results that include productivity increases and financial growth improvements, consistent with global benchmarks for successful AI implementation.
Looking Forward: Scaling the Future of AI at Nuvini
The success of the NuviniAI program establishes a foundation for continued innovation and technological leadership within Nuvini. The initiative demonstrates the organization’s ability to identify, develop, and implement cutting-edge AI solutions that deliver tangible business value while positioning the company for future growth opportunities.
The program’s emphasis on measurable results, strategic alignment, and scalable implementation provides a replicable framework for future technology initiatives. The lessons learned and best practices developed through the NuviniAI program will inform the group’s ongoing digital transformation efforts and contribute to its competitive positioning in the global technology market.
“The NuviniAI program represents just the beginning of our AI journey,” concluded program leadership. “The foundation we’re building today will enable us to continue pushing the boundaries of what’s possible in business technology, always with a focus on delivering real value to our customers and stakeholders.”
About Nuvini
Headquartered in São Paulo, Brazil, Nuvini is Latin America’s leading private serial acquirer of business to business (B2B) software as a service (SaaS) companies. The company focuses on acquiring profitable, high-growth SaaS businesses with strong recurring revenue and cash flow generation. By fostering an entrepreneurial environment, Nuvini enables its portfolio companies to scale and maintain leadership within their respective industries. The company’s long-term vision is to buy, retain, and create value through strategic partnerships and operational expertise.
Forward-Looking Statements
Statements about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. The Company cannot guarantee future results, levels of activity, performance, or achievements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, without limitation: the Company’s ability to complete the potential acquisitions on the anticipated timeline or at all; general market conditions that could affect the consummation of the potential acquisition; if definitive documents with respect to a potential acquisition are executed, whether the parties will achieve any of the anticipated benefits of any such transactions; and other factors discussed in the “Risk Factors” section of the Company’s Ǫuarterly and Annual Reports filed with the Securities and Exchange Commission (“SEC”) and the risks described in other filings that the Company may make with the SEC. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. Any forward-looking statements speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. We caution you, therefore, against relying on any of these forward‐looking statements.
New York, July 18, 2025 (GLOBE NEWSWIRE) — As the price of Ripple (XRP) breaks through the historical high for the first time in 7 years, reaching $3.55, the crypto market sentiment continues to heat up. In response to investors’ strong demand for a stable way to increase the value of digital assets, the well-known cloud computing service provider Ripplecoin Mining officially launched its new mobile cloud mining APP today. Through AI computing power scheduling technology, it helps coin holders easily obtain daily income and achieve the dual goals of asset growth and risk hedging.
The market boom has created new demands, and cloud mining has emerged.
According to CoinMarketCap data, as of July 18, XRP rose by more than 17% in a single day, surpassing the historical peak in 2018, and ranked third in the global cryptocurrency market value, following BTC and ETH. At the same time, mainstream altcoins such as ETH and Solana also rose, pushing the overall market to break through the $3.89 trillion market value mark. Analysts generally believe that with the expansion of institutional applications and the access of new financial instruments such as ETFs, holders are increasingly demanding “passive income tools other than trading.” Ripplecoin Mining has precisely seen this trend and launched a new cloud mining application, allowing global users to start AI-driven mining tasks through mobile phones without hardware or technical barriers, and obtain daily income dividends in the form of USDT. “We believe that when crypto assets enter the next stage of the cycle, stable, secure, and intelligent computing services will become an important supplement to mainstream investment strategies.” – Ripplecoin Mining spokesperson said at the press conference
Product highlights: AI computing power scheduling + mobile-friendly experience
Ripplecoin Mining cloud mining platform already supports mining of multiple mainstream currencies, including BTC, XRP, ETH, DOGE, SOL, etc., and will gradually expand to more asset categories. Core advantages include: Free experience for new users: Register and get $15 cloud computing power, and start earning immediately; Convenient operation on mobile terminal: Support iOS and Android, complete registration, contract selection, and daily dividend collection in 3 steps; AI intelligent mining system: The platform deploys 120+ green data centers around the world to allocate optimal computing power in real time; Zero threshold entry: No need to buy mining machines, no need to configure electricity, no technical knowledge required; Multi-currency combination mining: Support one-click configuration of multi-currency income combination, and optimize asset allocation strategy.
Simple steps to quickly participate in cloud mining and get income
Choose a contract: Supports multi-currency payments (XRP, BTC, ETH, DOGE), flexible contract types, and income is paid daily;
Get income: You can view mining output in the App every day and get income with one click, without complicated operations. The following contracts explain the potential income you can get
Contract Price
Contract Duration
Daily Earnings
Total Revenue
$100
2Days
$5
$100 + $10
$500
5Days
$6
$500 + $30
$1,200
8Days
$16
$1,300 + $130
$3,000
12Days
$43
$3,000 + $518
$8,200
22Days
$125
$8,100 + $2,742
$23,500
30Days
$409
$23,500 + $12,267
Industry analyst’s view: A new generation of “sound investment” tools Industry research organization ChainProof pointed out that with XRP hitting a record high, cloud mining products are seen as a key bridge between the bull market and sustainable returns. Data shows that in the past month, the number of active users using the Ripplecoin Mining platform increased by 26% month-on-month, of which nearly 50% were users with XRP or ETH as their main holdings. “Although the current market has ushered in a wave of rising prices, volatility still exists. Users hope to not only earn the difference in the bull market, but also build daily cash flow.” – Valentin Fournier, chief analyst at BRN commented
Future Outlook: Accelerate global layout and serve ordinary coin holders
Ripplecoin Mining officials said that the platform will launch “cloud mining custody accounts” and “fixed investment computing power products” in the next few weeks to further meet users’ strategic arrangements in different market scenarios. At the same time, the company plans to accelerate localized support in Canada, Singapore, the United Kingdom and Latin America to expand its global user base of more than 9 million.
About Ripplecoin Mining
Ripplecoin Mining was founded in 2017 and is headquartered in London, UK. It is the world’s leading compliant cloud mining platform. Relying on green energy mines, AI scheduling algorithms and mobile-friendly design, Ripplecoin Mining is committed to enabling every cryptocurrency user to participate in the global computing power network in a simple and secure way. At present, the platform supports cloud mining services for mainstream assets such as BTC, ETH, XRP, DOGE, and has served more than 9.5 million users in more than 180 countries and regions.
Disclaimer: The content of this press release does not constitute any form of investment advice, trading advice or financial commitment. There are risks in the cryptocurrency market. Cloud mining participants need to carefully evaluate the potential results based on their actual situation. It is recommended to consult a professional financial advisor in advance.
