The Federal Bureau of Investigation (FBI) Sacramento Field Office and Sacramento Police Department are announcing the successful extradition of Jose Luis Navarro, who fled to Mexico to avoid prosecution in Sacramento County. Both agencies worked with the FBI Legal Attaché Office in Mexico City, Interpol, U.S. Department of State’s Diplomatic Security Service, U.S. Customs and Border Protection, and the Department of Justice’s Office of International Affairs to secure Navarro’s arrest and extradition.
“No matter where criminals hide, the FBI will not stop until they answer for their crimes,” said Special Agent in Charge Sid Patel of the FBI Sacramento Field Office. “Between our global reach and strong international and domestic partnerships, we will ensure fugitives are caught and brought to justice. Today’s extradition sends a clear message. If you run, we will find you.”
Navarro was wanted by the Sacramento Police Department for the alleged sex crimes against four minor children between 2014 and 2022 in Sacramento, California. A felony no bail arrest warrant was issued for Navarro by the Sacramento Superior Court, charging Navarro with 38 counts of lewd acts on a child under 14 using force/violence, five counts of sex acts with a child under 10 years old, and two counts of lewd or lascivious acts with a child under 14.
The FBI obtained a federal arrest warrant by criminal complaint for the unlawful flight to avoid prosecution on May 16, 2023, following information indicating that Navarro left the United States to avoid prosecution in Sacramento County. A joint investigation by the FBI Legal Attaché in Mexico City, FBI Sacramento field office, and Interpol’s Agencia de Investigación Criminal located Navarro in Vista Hermosa, Michoacán, Mexico, where he was apprehended by Mexican law enforcement partners on March 23, 2025. Navarro was held while the extradition was pending.
Navarro’s return was funded by the Federal Bureau of Investigation’s “Project Welcome Home,” which provides funding to assist in the transportation of federal fugitives to the United States.
The FBI continues to collaborate with its law enforcement partners to apprehend criminals charged with state crimes who flee the jurisdiction. Cases seeking information from the public, including fugitive matters, are posted on the FBI Sacramento Field Office’s Most Wanted web page and FBI Most Wanted application. Anyone with information that could assist in these cases may contact their local FBI office, United States embassy, or submit the information online at tips.fbi.gov.
Questions regarding the detention and pending prosecution of Jose Luis Navarro should be directed to the Sacramento County District Attorney’s Office.
The Federal Bureau of Investigation (FBI) Sacramento Field Office and Sacramento Police Department are announcing the successful extradition of Jose Luis Navarro, who fled to Mexico to avoid prosecution in Sacramento County. Both agencies worked with the FBI Legal Attaché Office in Mexico City, Interpol, U.S. Department of State’s Diplomatic Security Service, U.S. Customs and Border Protection, and the Department of Justice’s Office of International Affairs to secure Navarro’s arrest and extradition.
“No matter where criminals hide, the FBI will not stop until they answer for their crimes,” said Special Agent in Charge Sid Patel of the FBI Sacramento Field Office. “Between our global reach and strong international and domestic partnerships, we will ensure fugitives are caught and brought to justice. Today’s extradition sends a clear message. If you run, we will find you.”
Navarro was wanted by the Sacramento Police Department for the alleged sex crimes against four minor children between 2014 and 2022 in Sacramento, California. A felony no bail arrest warrant was issued for Navarro by the Sacramento Superior Court, charging Navarro with 38 counts of lewd acts on a child under 14 using force/violence, five counts of sex acts with a child under 10 years old, and two counts of lewd or lascivious acts with a child under 14.
The FBI obtained a federal arrest warrant by criminal complaint for the unlawful flight to avoid prosecution on May 16, 2023, following information indicating that Navarro left the United States to avoid prosecution in Sacramento County. A joint investigation by the FBI Legal Attaché in Mexico City, FBI Sacramento field office, and Interpol’s Agencia de Investigación Criminal located Navarro in Vista Hermosa, Michoacán, Mexico, where he was apprehended by Mexican law enforcement partners on March 23, 2025. Navarro was held while the extradition was pending.
Navarro’s return was funded by the Federal Bureau of Investigation’s “Project Welcome Home,” which provides funding to assist in the transportation of federal fugitives to the United States.
The FBI continues to collaborate with its law enforcement partners to apprehend criminals charged with state crimes who flee the jurisdiction. Cases seeking information from the public, including fugitive matters, are posted on the FBI Sacramento Field Office’s Most Wanted web page and FBI Most Wanted application. Anyone with information that could assist in these cases may contact their local FBI office, United States embassy, or submit the information online at tips.fbi.gov.
Questions regarding the detention and pending prosecution of Jose Luis Navarro should be directed to the Sacramento County District Attorney’s Office.
The latest labour force numbers from Statistics Canada show that in spite of US and Chinese tariffs, Saskatchewan continues to have the strongest labour market in Canada. Saskatchewan has the lowest unemployment rate among provinces at 4.9 per cent, which is well below the national average of 6.9 per cent. Saskatchewan added 20,500 jobs year-over-year in June.
“Saskatchewan heads into the second half of 2025 with the strongest labour market in Canada,” Deputy Premier and Immigration and Career Training Minister Jim Reiter said. “Our government is committed to maintaining this continued growth ensuring that Saskatchewan people are prepared for the jobs provided by our strong economy.”
June 2025 saw all time historical highs (aged 15 and over), with:
Year-over-year, full time employment increased 26,300, an increase of 5.2 per cent. Off-reserve Indigenous employment was up 6,300, or 10.2 per cent, for the 12th consecutive month of year-over-year increases. Indigenous youth employment was up 2,200, or 21.8 per cent, for the seventh consecutive month of year-over-year increases. Women employment is up 13,200 which is an increase of 4.6 per cent, and employment for men is up 7,300 an increase of 2.2 per cent.
Saskatchewan’s two biggest cities saw impressive year-over-year growth. Compared to June 2024, Saskatoon’s employment was up 7,600, an increase of 3.8 per cent, and Regina’s employment was up 6,400, an increase of 4.4 per cent. Regina’s seasonally adjusted unemployment rate was 4.9 per cent, the fifth lowest among 41 major cities in Canada, and Saskatoon’s seasonally adjusted unemployment rate was 4.6 per cent, ranked fourth lowest among major cities.
Major year-over-year gains were reported for healthcare and social assistance, up 11,800, which is an increase of 12.7 per cent. Construction is up 6,500, an increase of 14.5 per cent and public administration is up 5,000, an increase of 13.6 per cent.
The province continues to see economic growth in other areas. Year-over-year, Saskatchewan ranked 1st among the provinces for growth in the value of building permits an increase of 31.5 per cent and 2nd amongst the provinces for growth in urban housing starts, a significant increase of 211.0 per cent.
This economic growth is backed by the Government of Saskatchewan’s recently released Building the Workforce for a Growing Economy: The Saskatchewan Labour Market Strategy, a roadmap to build the workforce needed to support Saskatchewan’s strong and growing economy, and Securing the Next Decade of Growth: Saskatchewan’s Investment Attraction Strategy, a plan to increase investment in the province and to further advancing Saskatchewan’s Growth plan goal of $16 billion in private capital investment annually.
Crypto payments platform expands functionality with high-speed Solana blockchain support as wallet enters final testing phase.
KOŠICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix has officially announced that its upcoming RTX Wallet, set for full release in Q3 2025, will launch with native Solana integration . The feature will allow users to instantly swap Solana (SOL) and SPL stablecoins (USDC, USDT) directly into local currencies, alongside support for Bitcoin, Ethereum, and XRP.
The integration of Solana enhances the real-time functionality of the RTX Wallet, which is currently undergoing TestFlight trials on iOS. An Android beta release is scheduled for August, marking a significant milestone as the company prepares for its official rollout. The Solana upgrade is designed to increase transaction speed, lower settlement fees, and expand RTX’s usability for both consumers and merchants in high-frequency payment environments.
“With Solana’s scalability and speed—capable of handling up to 50,000 transactions per second—we’re delivering near-instant conversions of digital assets into local currency,” said a Remittix spokesperson. “This means that a merchant in Bogotá or Nairobi can receive a crypto payment and see fiat arrive in their account in under 10 seconds, at a fraction of traditional processing costs.”
Remittix reports it has surpassed $16 million in presale commitments, with over 549 million RTX tokens sold at a price of $0.0811, and is on track to complete its $18 million soft cap in the coming weeks.
Designed to streamline global digital payments, RTX Wallet introduces a simplified user interface where cryptocurrency can be converted into local cash via a single tap. Its dual-key security system, combining encrypted mobile storage and facial-recognition-based cloud access, aims to balance ease-of-use with robust control. Built-in merchant features include automated tax savings and spare-change rounding to support micro-savings.
Upcoming Developments
Public Android Beta: Launching in August 2025
Freelancer Plug-in: Scheduled for October, enables instant invoicing and settlement in RTX
Licensing: Near-final approvals in Brazil and Kenya, two key markets for cross-border transfers
As Solana’s integration goes live and licensing expands, Remittix is positioning RTX Wallet as a gateway to fast, accessible, and secure real-world crypto payments.
For more information and updates on the RTX Wallet launch and token presale:
Disclaimer: This content is provided byRemittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented.We do not guarantee any claims, statements, or promises made in this article.This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital.It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at
Crypto payments platform expands functionality with high-speed Solana blockchain support as wallet enters final testing phase.
KOŠICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix has officially announced that its upcoming RTX Wallet, set for full release in Q3 2025, will launch with native Solana integration . The feature will allow users to instantly swap Solana (SOL) and SPL stablecoins (USDC, USDT) directly into local currencies, alongside support for Bitcoin, Ethereum, and XRP.
The integration of Solana enhances the real-time functionality of the RTX Wallet, which is currently undergoing TestFlight trials on iOS. An Android beta release is scheduled for August, marking a significant milestone as the company prepares for its official rollout. The Solana upgrade is designed to increase transaction speed, lower settlement fees, and expand RTX’s usability for both consumers and merchants in high-frequency payment environments.
“With Solana’s scalability and speed—capable of handling up to 50,000 transactions per second—we’re delivering near-instant conversions of digital assets into local currency,” said a Remittix spokesperson. “This means that a merchant in Bogotá or Nairobi can receive a crypto payment and see fiat arrive in their account in under 10 seconds, at a fraction of traditional processing costs.”
Remittix reports it has surpassed $16 million in presale commitments, with over 549 million RTX tokens sold at a price of $0.0811, and is on track to complete its $18 million soft cap in the coming weeks.
Designed to streamline global digital payments, RTX Wallet introduces a simplified user interface where cryptocurrency can be converted into local cash via a single tap. Its dual-key security system, combining encrypted mobile storage and facial-recognition-based cloud access, aims to balance ease-of-use with robust control. Built-in merchant features include automated tax savings and spare-change rounding to support micro-savings.
Upcoming Developments
Public Android Beta: Launching in August 2025
Freelancer Plug-in: Scheduled for October, enables instant invoicing and settlement in RTX
Licensing: Near-final approvals in Brazil and Kenya, two key markets for cross-border transfers
As Solana’s integration goes live and licensing expands, Remittix is positioning RTX Wallet as a gateway to fast, accessible, and secure real-world crypto payments.
For more information and updates on the RTX Wallet launch and token presale:
Disclaimer: This content is provided byRemittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented.We do not guarantee any claims, statements, or promises made in this article.This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital.It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at
The restoration of Sandown Town Hall nears completion as Joe Robertson MP recently visited to see progress being made to bring the historic building back into community use.
In 2023, it was announced that the Isle of Wight Council had secured £3.1 million in funding through the UK Government’s Youth Investment Fund which would go towards both the restoration work and the creation of a youth programme.
Aiming to open for the autumn term, the programme will serve over 200 young people per week, with activities such as sports and study sessions and access to a sound studio for music practice being made available.
An extensive programme of structural and cosmetic repairs and reconfiguration work has been delivered by Island business MCM Construction, including repairs to the historic ceiling in the hall, new electrics and plumbing, a change in the configuration of the rooms to the entrance to include a reception, new toilet facilities at the front of the hall and underpinning work to the right-hand side of the structure.
Work has also been done to replace the roof and repair the supporting structure, as well as a modern renovation of the lower ground floor youth hub area, including reconfiguration of the area to create more usable spaces and a lobby for the new lift.
The Isle of Wight Council has been working closely with architects and project managers at ERMC and consulting with Community Action Isle of Wight and the Bay Youth Forum to share detailed progress and get their feedback on proposed usage and finishes.
Councillor Joe Robertson, MP for Isle of Wight East, said: “It was good to have a tour of Sandown Town Hall recently and see how much work has been done to bring it back into use for the local community.
“The funding received from the UK government’s Youth Investment Fund in August 2023 has allowed the Isle of Wight Council to reimagine the space that puts young people and the Sandown community at its very heart.
“I look forward to visiting again soon when it is a hive of activity.”
Councillor Julie Jones-Evans, chair of the Economy, Regeneration, Transport and Infrastructure committee said: “An important part of our corporate plan is bringing derelict buildings back into use and starting with our own building in Sandown was important to me.
“The state of the building and it’s listed status meant that previous plans were unviable, so the chance of YIF investment for our young people was something we jumped at.
“Seeing this civic building brought back into public use, by local contractors and our council team is just fantastic and I hope we can continue on the journey of investment into our built environment across the Island.”
Sandown Councillor Ian Ward, deputy chair of the Economy, Regeneration, Transport and Infrastructure committee said: “It’s really good to see the town hall brought back to life by the Isle of Wight Council. I’m sure it will be a first-class venue for lots of activities in the future.”
Mayor of Sandown Town Council Alex Lightfoot said: “It’s fantastic news that the renovation of this historic building is nearing completion and will see a new lease of life.”
“The town council is hugely supportive of the project and will continue to support the Bay Youth Project moving forwards.”
Laura Cansdale, Regeneration Programme Manager for the Isle of Wight Council said: “The transformation of Sandown Town Hall from a derelict building into what will soon be a vibrant, fit-for-purpose youth and community centre is a shining example of place-based regeneration in action.
“This project embodies the spirit of the Bay Area Place Plan; revitalising our shared spaces, empowering local voices, and investing in the future of the Bay.
“This is a powerful step forward for our community in creating a more connected, resilient Bay area.”
People in the west Vancouver Island communities of Toquaht Nation and Salmon Beach will soon be getting better access to high-speed internet.
“For people to thrive in remote communities, access to high-speed internet is key to community growth and engagement, remote work and better access to health care and online services,” said George Chow, Minister of Citizens’ Services. “These projects in Toquaht Nation and Salmon Beach take us another step closer in our commitment to connect every household in the province.”
More than 400 households on western Vancouver Island near Ucluelet will benefit from new connectivity infrastructure, including Toquaht Nation territory that includes Salmon Beach and m̓aʔaquuʔa (Macoah, the Nation’s primary residential village). Two “last-mile” projects will be built and operated by internet service provider CityWest.
“Most of us take for granted that we can go online when we need to engage with others. For people who live in remote areas, that is often not the case,” said John Jack, chair, Alberni-Clayoquot Regional District. “This investment could change the lives of the people living in Toquaht and Salmon Beach. It will establish access to high-speed internet and will create meaningful opportunity.”
The Province is investing up to $700,000 through the Connecting Communities B.C. program, administered by the Ministry of Citizens’ Services. The Government of Canada is also investing up to $700,000 through its Universal Broadband Fund. CityWest will contribute approximately $835,000.
“Investments in high-speed internet play a big role in our strategy to build strong and diverse rural economies,” said Josie Osborne, MLA for Mid Island-Pacific Rim. “Once completed, these projects will provide broad benefit for people in these Vancouver Island communities, delivering high-speed broadband access to unlock exciting new possibilities for residents and visitors.”
The Province’s investment is part of StrongerBC: Good Lives in Strong Communities, the Province’s program to help build a brighter future for rural communities and the people who call them home.
“For the t̓uk̓ʷaaʔatḥ people, high-speed internet is about respecting our masčim (community members) by ensuring access to education, employment and economic opportunity. It supports our t̓aat̓neʔis (children) in learning, helps adults find meaningful work, attracts investment and strengthens overall community well-being,” said Chief Anne Mack, Toquaht First Nation. “Connectivity also allows us to share our haaḥuupacamis (teachings), engage with ʔeʔiičum (Elders), and remain connected to one another no matter where we are. This is about more than infrastructure. It is about unlocking the potential of our people and building a stronger future together.”
In March 2022, the governments of British Columbia and Canada announced a partnership to invest as much as $830 million to expand high-speed internet services. The Province also made a specific commitment to connect every First Nations community to high-speed internet services in the government’s Declaration Act Action Plan.
Since 2017, the Province has invested $584 million to expand connectivity in British Columbia. As of January 2025, approximately 74% of rural homes and approximately 83% of homes on First Nations reserves have access to high-speed internet.
The Connecting British Columbia and Connecting Communities BC funding programs support projects to expand high-speed internet services to rural and remote areas of the province. The plan to provide access to high-speed internet to all households will level the playing field for people in British Columbia, ensuring better access to services and economic opportunities for every community.
Quotes:
Christine Boyle, Minister of Indigenous Relations and Reconciliation –
“It’s essential for members of Toquaht Nation and all those living in the remote areas of Vancouver Island to have reliable high-speed internet. These projects help advance Toquaht’s interests in important areas like economic growth, health-care access, education and cultural preservation, for the betterment of the entire region.”
Buckley Belanger, federal secretary of state for rural development –
“In today’s age, high-speed internet access isn’t just a luxury, it’s a necessity. Our federal government was proud to partner with the province and CityWest to bring improved connectivity services for people in the communities of Toquaht Nation and Salmon Beach.”
Steve Morissette, B.C. parliamentary secretary for rural development–
“No matter where you live, access to high-speed internet has become so important for everyone. I’m thrilled to see these projects on Vancouver Island move forward, as part of our commitment to support improved connectivity for all rural and remote communities throughout British Columbia.”
Stefan Woloszyn, chief executive officer, CityWest–
“Today’s announcement sets the stage for improved connectivity to more underserved communities throughout the province. CityWest’s fibre-to-the-home projects will bring these residents and businesses urban-class connectivity, creating equal opportunities for more rural, remote and Indigenous British Columbians. We would like to express our thanks to the Province of B.C. and the federal government for their vision on ensuring that these communities are able to unlock their connectivity destiny.”
Learn More:
Connectivity in B.C.: https://www2.gov.bc.ca/gov/content/governments/connectivity-in-bc
London, UK, July 11, 2025 (GLOBE NEWSWIRE) — As the Ripple ecosystem continues to expand, XRP has become one of the strongest performing crypto assets in the past 24 hours, with prices reaching $2.64 at one point, a daily increase of more than 8%, and trading volume exceeding $7.8 billion, setting a new daily high in nearly three months. The rise was driven by two good news: first, Ripple and BNY Mellon established a custody partnership for the stablecoin RLUSD; second, the market heard that XRP is expected to be included in an upcoming blue-chip crypto ETF, triggering accelerated capital inflows.
Many research institutions pointed out that the current rise in XRP prices is no longer a short-term market speculation, but a structural market driven by infrastructure construction, ecological synergy and institutional configuration. Against this background, more and more investors are turning from high-volatility currency price speculation to seeking more stable and predictable ways of making profits.
JA Mining becomes a new entry point for structured crypto investment
JA Mining currently supports mainstream crypto assets including BTC, DOGE, and XRP, and builds a global distributed mining architecture through intelligent allocation of multi-currency computing power and deployment of high-efficiency green data centers. Users can choose the contract amount and period as needed, the platform settles on a daily basis, and the returns are directly credited to the account, which is highly controllable and flexible.
JA Mining has multiple advantages:
Equipment-free and maintenance-free: No need to purchase mining machines or management systems by yourself, all operations can be completed with one click, suitable for ordinary users to quickly get started.
Support mainstream currencies: Comprehensive coverage of popular assets such as BTC, DOGE, XRP, ETH, etc., to meet the investment preferences of different users.
Daily settlement of income: Daily income distribution within a fixed period, transparent process, and controllable risks.
Invitation rebate mechanism: Recommend others to join to enjoy up to 7% continuous commission rewards and build a personal mining network.
Another advantage worth emphasizing is that:
JA Mining adopts a daily income settlement mechanism denominated in US dollars to ensure that users lock in stable income during the entire contract period. After the contract expires, users can choose to withdraw their income to mainstream cryptocurrencies such as Bitcoin, Dogecoin, and XRP. This design brings significant strategic flexibility – based on the certainty of income, users can choose to withdraw when the market price rises, thereby achieving the dual profit of “fixed US dollar income + currency price appreciation“. For example, if a user withdraws money when the price of a currency is rising, he or she will receive more equivalent cryptocurrencies at a higher exchange rate, thereby amplifying the actual returns.
The following are some examples of popular contracts：
Whether you are trying a small amount or pursuing high returns, JA Mining provides a flexible contract portfolio that suits various risk preferences and investment sizes.
Investment behavior is being reshaped: “Trading thinking” gives way to “income model”
Since the second quarter of 2025, the user structure of JA Mining has been changing. Data shows that the number of high-net-worth individuals and family office users has increased significantly, the average holding period has been extended to more than 4.2 days, and the reinvestment rate has exceeded 63%. This shows that the market is increasingly inclined to regard cloud mining as a “passive cash flow configuration tool” rather than a short-term gaming platform.
Against the backdrop of continued increase in currency price volatility, the importance of structural income models has been re-recognized. The compound mechanism of “computing power leasing + US dollar income + withdrawal autonomy” represented by JA Mining may constitute a new framework for mainstream crypto investment in the future.
Company Address: JA Financial Services Limited, 11 The Elms, Leek Wootton, Warwick, England, CV35 7RR, London, UK
Disclaimer:This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Stock Trading involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Jamining.com and associated parties are not liable for any financial loss incurred.
NEW YORK, July 11, 2025 (GLOBE NEWSWIRE) — As the cryptocurrency market rebounds strongly, more and more investors are turning their attention from speculation to stable daily income. In this shift, one trend has clearly become the leader: cloud mining driven by XRP payments, and its leaders include platforms such as Blockchain Cloud Mining. XRP investors have earned more than thousands of dollars a day, and they are turning XRP into a tool to unlock continuous passive income – activating Bitcoin mining contracts without owning physical hardware.
A new way to profit from crypto: no speculation, no pressure The recent breakout above $116,000 in Bitcoin prices has reinforced long-term bullish sentiment on digital assets. However, this rise has also triggered new volatility, prompting risk-conscious investors to think: How can you participate in this growth without experiencing market turmoil?
For many, the answer lies in Blockchain Cloud Mining – a platform that provides flexible cloud mining contracts that can generate daily income regardless of token price fluctuations. Which payment method is gaining popularity? XRP, the fast, low-fee cryptocurrency that is increasingly being used to fund mining operations.
“In the last 30 days, we’ve seen a 210% increase in contracts purchased with XRP,” said Sharon Henley, president of BlockchainCloudMining. “This is more than just a payment method, it’s a bridge between cryptocurrency liquidity and automated revenue generation.”
How it works: XRP-funded Bitcoin mining contracts BlockchainCloudMining allows users to rent computing power through smart contracts. These contracts automatically start mining and pay rewards to the user’s designated crypto wallet every day. There’s no need to manage machines, pay electricity bills, or configure networks.
⦁【New User Experience Contract】: Investment amount: $100, contract duration 2 days, total return: $100 + $6. ⦁【WhatsMiner M66S】: Investment amount: $500, contract period 7 days, total return: $500 + $45.5. ⦁【WhatsMiner M60】: Investment amount: $1000, contract period 14 days, total return: $1000 + $196. ⦁【Bitcoin Miner S21+】: Investment amount: $3000, contract period 20 days, total return: $3000 + $900. ⦁【ALPH Miner AL1】: Investment amount: $10000, contract period 35 days, total return: $10000 + $5950. ⦁【ANTSPACE HK3】: Investment amount: $33000, contract period 40 days, total return: $33000 + $26400.
After purchasing the contract, the income is automatically settled every 24 hours. Users can withdraw to wallets that support XRP, BTC, DOGE and USDT, or reinvest in new contracts to obtain compound income. (The platform has launched a number of stable income contracts, for more contract details, please log in to the official website of Blockchaincloudmining.com)
Why XRP is the preferred financing method XRP’s recent surge in institutional recognition (thanks to Ripple’s promotion of a US banking license and a custody partnership with Bank of New York Mellon) has boosted investor confidence.
Fast transactions: payments are confirmed in seconds. Low cost: transfer fees are less than $0.01. Reliable liquidity: XRP is now listed on major exchanges and accepted by mining and DeFi platforms. Henley added: “XRP’s speed and scalability make it ideal for everyday cloud mining settlements. Our users appreciate its convenience – especially when activating multiple contracts or making frequent withdrawals.”
Trust, transparency, and global reach BlockchainCloudMining has deployed mining nodes around the world to ensure uninterrupted computing power. Every user can track real-time performance, enjoy 24/7 support, and view spending history with on-chain verifiable receipts.
Other highlights of the platform include: ⦁$12 bonus for new user registration ⦁100% uptime infrastructure secured by McAfee® and Cloudflare® ⦁9 cryptocurrencies supported, including BTC, XRP, ETH, DOGE, USDC, USDT and other mainstream cryptocurrencies ⦁Up to $50,000 bonus for referring members
Whether users are new, hodlers or professional traders, BlockchainCloudMining provides a low-threshold, high-reward entry point into the mining economy – driven by the flexibility of XRP.
Summary: Consistency is king As the world of cryptocurrency moves from speculation to structure, tools like BlockchainCloudMining can help investors get predictable returns in a volatile market. By combining the stability of mining with the efficiency of XRP payments, users no longer have to wait for prices to rise, but can profit while others watch.
For more details, please visit www.BlockchainCloudMining.com or contact info@blockchaincloudmining.com to activate your one-click mining journey now.
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.
Manhattan, KS, July 11, 2025 (GLOBE NEWSWIRE) — Landmark Bancorp, Inc. (Nasdaq: LARK) announced that it will release earnings for the second quarter of 2025 after the market closes on Thursday, July 24, 2025. The Company will host a conference call to discuss these results on Friday, July 25, 2025 at 10:00 am (CT). Investors may listen to the Company’s earnings call via telephone by dialing (833) 470-1428 and using access code 703723. Investors are encouraged to call the dial-in number at least 5 minutes prior to the scheduled start of the call.
A replay of the earnings call will be available through August 1, 2025, by dialing (855) 762-8306 and using access code 160217.
About Landmark
Landmark Bancorp, Inc., the holding company for Landmark National Bank, is listed on the NASDAQ Global Market under the symbol “LARK.” Headquartered in Manhattan, Kansas, Landmark National Bank is a community banking organization dedicated to providing quality financial and banking services. Landmark National Bank has 29 locations in 23 communities across Kansas: Manhattan (2), Auburn, Dodge City (2), Fort Scott (2), Garden City, Great Bend (2), Hoisington, Iola, Junction City, LaCrosse, Lawrence (2), Lenexa, Louisburg, Mound City, Osage City, Osawatomie, Overland Park, Paola, Pittsburg, Prairie Village, Topeka (2), Wamego and Wellsville, Kansas. Visit www.banklandmark.com for more information.
Contact: Mark A. Herpich Chief Financial Officer (785) 565-2000
Dubai, UAE, July 11, 2025 (GLOBE NEWSWIRE) — OFZA, the UAE-born, regulator-aligned cryptocurrency exchange, has appointed Amir Tabch as Chief Executive Officer to lead OFZA through its next stage of growth and market activation.
This leadership milestone reflects OFZA’s deepening commitment to building the most trusted crypto exchange in the region—one that’s designed from day one to align with regulations, empower users, and scale without shortcuts.
A seasoned executive with over 20 years of experience across large regulated financial institutions, digital-led startups, and crypto-native platforms, Tabch brings the kind of strategic leadership that matches OFZA’s mission: to make digital asset trading safe, simple, and accessible for everyone.
“OFZA isn’t here to be the biggest. We’re here to be the most trusted,” said Tabch. “That means regulatory-first principles, real operational substance, and a platform that puts both retail and institutional users first.”
Fully licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), OFZA is authorized to provide Broker-Dealer Services, Exchange Services, Management and Investment Services, and Advisory Services. The platform is built with local governance, regulatory clarity, and security-first architecture designed for long-term credibility.
The firm’s mission is to empower and educate individuals and businesses to take control of their financial future by simplifying crypto trading and removing barriers to entry. OFZA combines a secure, regulated infrastructure with an intuitive user experience and practical tools, making digital asset trading safe, simple, and accessible.
With Tabch at the helm, OFZA is not just announcing a new CEO—it’s signaling the rise of a new kind of crypto exchange: born regulated, built for trust, and ready to scale responsibly.
About OFZA
Headquartered in Dubai, OFZA is a full-service, VARA-regulated Virtual Asset Service Provider (VASP) that allows traders to buy, sell, and trade a wide range of digital assets. By providing a cohesive platform of innovative technology, robust security measures, and a customer-first approach, OFZA is poised to disrupt the trading experience in the Middle East region.
Dubai, UAE, July 11, 2025 (GLOBE NEWSWIRE) — OFZA, the UAE-born, regulator-aligned cryptocurrency exchange, has appointed Amir Tabch as Chief Executive Officer to lead OFZA through its next stage of growth and market activation.
This leadership milestone reflects OFZA’s deepening commitment to building the most trusted crypto exchange in the region—one that’s designed from day one to align with regulations, empower users, and scale without shortcuts.
A seasoned executive with over 20 years of experience across large regulated financial institutions, digital-led startups, and crypto-native platforms, Tabch brings the kind of strategic leadership that matches OFZA’s mission: to make digital asset trading safe, simple, and accessible for everyone.
“OFZA isn’t here to be the biggest. We’re here to be the most trusted,” said Tabch. “That means regulatory-first principles, real operational substance, and a platform that puts both retail and institutional users first.”
Fully licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), OFZA is authorized to provide Broker-Dealer Services, Exchange Services, Management and Investment Services, and Advisory Services. The platform is built with local governance, regulatory clarity, and security-first architecture designed for long-term credibility.
The firm’s mission is to empower and educate individuals and businesses to take control of their financial future by simplifying crypto trading and removing barriers to entry. OFZA combines a secure, regulated infrastructure with an intuitive user experience and practical tools, making digital asset trading safe, simple, and accessible.
With Tabch at the helm, OFZA is not just announcing a new CEO—it’s signaling the rise of a new kind of crypto exchange: born regulated, built for trust, and ready to scale responsibly.
About OFZA
Headquartered in Dubai, OFZA is a full-service, VARA-regulated Virtual Asset Service Provider (VASP) that allows traders to buy, sell, and trade a wide range of digital assets. By providing a cohesive platform of innovative technology, robust security measures, and a customer-first approach, OFZA is poised to disrupt the trading experience in the Middle East region.
New York City, July 11, 2025 (GLOBE NEWSWIRE) — Recently, the price of Bitcoin has soared to a record high of $118,000. Since the beginning of this year, Bitcoin has risen by more than 23%. The rise is mainly due to the increased acceptance of cryptocurrencies by traditional financial market participants, the increase in risk appetite, and the continued growth of institutional demand. At the same time, OurCryptoMiner, the world’s leading cloud mining platform, has attracted much attention due to its deep integration with BTC technology. According to a spokesperson for the OurCryptoMiner platform, some investors have made profits of up to $33,000 in a short period of time, with daily returns exceeding $6,700.
This integration also enhances the core advantages of OurCryptoMiner Real-time monitoring of BTC and other cryptocurrency network difficulty, fees, and market fluctuations, and dynamically allocates computing power to the most profitable mining pools or currencies. When the BTC network is active, the system can automatically adjust the working strategy of the miner to obtain more transaction incentives and obtain higher returns. High-performance 10 data centers ensure the stability of network and power, and ensure that users’ income is uninterrupted and undelayed You can start mining with simple operations Registration: Get a $12 reward for free, get $0.6 for daily check-in, and experience the fun of mining Use BTC or other popular cryptocurrencies to start the mining machine and start mining OurCryptoMiner launches a variety of popular contracts:
⦁【New User Experience Contract】: Investment amount: $100, investment period 2 days, total net profit: $100 + $8.
⦁【Canaan Avalon Miner 1466】: Investment amount: $1,200, investment period 12 days, total net profit: $1,200 + $190.08.
⦁【Canaan Avalon A15XP】: Investment amount: $3,500, investment period 25 days, total net profit: $3,500 + $1,216.25.
⦁【Bitmain Antminer S23 Immersion】: Investment amount: $7900, investment period 32 days, total net profit: $7900 + $3665.6.
⦁【[Bitmain Antminer S23 XP+ Hyd]: Investment amount: $10000, investment period 37 days, total net profit: $10000 + $5735.
⦁【Avalon Air Cooling Mining Box-40ft】: Investment amount: $27000, investment period 45 days, total net profit: $27000 + $21748.5.
Once the contract starts, your mining operation will be continuously run by the secure data center of the OurCryptoMiner platform. Daily income collection: Daily mining income will be automatically calculated and distributed to your account 24 hours a day. When your account balance reaches $100, you can withdraw at any time, and you can also flexibly reinvest the income to maximize your income.
What makes OurCryptoMiner a leader in the cloud mining space? Aiming to assist consumers at every stage of cryptocurrency mining, OurCryptoMiner offers more than just the traditional network. Some of its unique features are as follows: Wide range of settlement options: Users can mine Bitcoin, LTC, and DOGE, in addition, it also provides settlement options for mainstream cryptocurrencies such as BTC, ETH, LTC, USDC, XRP, BCH, DOGE, SOL, USDT, etc. Environmentally friendly mining: All operations are carried out using 100% renewable energy methods, reflecting the platform’s strong commitment to sustainable development. Affiliate rewards: Every user can join a reward pool of more than $200,000 and receive up to 5% referral commission. Scalable solution: Traders can expand their profits from $100 to $1 million per day. In addition to these very favorable offers, OurCryptoMiner allows every user to mine efficiently through environmentally friendly and community-driven infrastructure. Join OurCryptoMiner now and embark on your cloud mining journey!
Source: Federal Bureau of Investigation (FBI) (video statements)
Special Agent in Charge Sid Patel highlights some of FBI Sacramento’s recent major cases.
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Q2 2025 Interim Report and Investor Conference Call Announcement
Welltec® will disclose its Q2 2025 Interim Report and will discuss the results during an investor conference call to be held Thursday, August 14th, 2025, at 5 pm CEST.
The conference call will be available only to current and prospective bond holders, broker dealers, and securities analysts, and can be accessed by dialling in a few minutes before the start and informing the operator that you would like to participate in Welltec’s investor conference call.
Relevant dial-in details and conference ID can be obtained by contacting Kris Petrov krpetrov@welltec.com and registering for the call. Registration will not be possible once the investor conference has started.
For further information, please contact: Kris Petrov, Finance Director Cell: +45 48 14 35 14 E-mail: krpetrov@welltec.com
Company Profile: Welltec® is a global technology company that develops and provides efficient, hi-tech solutions for the energy industry. The company was founded in 1994 and grew rapidly by supplying innovative robotic technology to oil and gas operators. In 2010, Welltec introduced a new business segment focused on the development of Completion products. Commercialization of these products began in 2014, and the company is now a global leader in the field of metal expandable packer technology. Welltec’s cutting-edge products and services are designed to optimize the performance and integrity of a well, in any environment. Through advanced engineering and lightweight design, Welltec’s solutions have helped clients increase operational efficiency and reduce carbon footprints in a safe and sustainable way for more than 30 years. Today, Welltec continues to evolve and invest in its technology portfolio with products and services adapted to take on the challenges of New Energy and Climate Technology, including Geothermal and Carbon Capture & Storage projects.
New York, NY, July 11, 2025 (GLOBE NEWSWIRE) — As the crypto market heats up and XRP edges toward the $2.3 milestone, PFMCrypto is redefining how everyday users and professionals earn mining rewards. The company has officially launched “XRP Liquidity Mining”, the world’s first AI-powered multi-asset cloud mining vault, enabling users to mine multiple cryptocurrencies simultaneously, while dynamically reallocating computing power to maximize real-time returns. Now live on both web and mobile platforms, this innovative service offers a fully automated crypto earnings strategy that mines XRP, BTC, DOGE, ETH, and other major assets. No hardware, technical setup, or prior experience is required—users can get started with just $10 and begin receiving stable daily payouts from day one.
Why XRP Liquidity Mining Is a Game-Changer for Passive Crypto Income? Unlike traditional mining models that lock users into a single coin or fixed contract, PFMCrypto’s Liquidity Mining is powered by its proprietary AI engine, AURA. This intelligent system continuously analyzes key variables such as asset price, mining difficulty, network demand, and energy costs—automatically reallocating resources to the most profitable cryptocurrencies in real time. “Liquidity Mining is like putting your crypto earnings on autopilot,” said PFMCrypto’s CEO. “Whether XRP is surging or Bitcoin’s network adjusts, our system instantly adapts—ensuring your capital is always working at peak efficiency.”
Key Features of PFMCrypto’s XRP Liquidity Mining: – Multi-Asset Mining: A single deposit mines XRP, BTC, DOGE, ETH, and more. – AI Revenue Optimization: Smart resource allocation for maximum daily yield. – Low Entry Barrier: Start with just $10 (plus a $10 welcome bonus for new users). – Stable Daily Returns: Earnings paid in stablecoins or your preferred crypto. – Fully Cloud-Based: No mining rigs, no noise, no heat—100% remote access. – Institutional-Grade Security: Multi-layer custody infrastructure to safeguard user assets.
Investor Demand Surges as XRP Momentum Builds Ripple’s recent $125 million settlement with the U.S. SEC has revived investor confidence in XRP’s long-term prospects. Analysts are now forecasting a 95% likelihood of an XRP ETF approval by early Q4, potentially unlocking billions in institutional capital. “PFMCrypto’s XRP Liquidity Mining couldn’t be better timed,” said the company’s Chief Market Strategist. “This offering provides diversified exposure and stable income—without the volatility of direct trading.”
Sample Liquidity Mining Plans: $100 Plan – 2-Day Term – Earn $3.00 per day (plus $2 bonus) $1,000 Plan – 9-Day Term – Earn $13.10 per day $5,000 Plan – 30-Day Term – Earn $78.50 per day $10,000 Plan – 40-Day Term – Earn $180.00 per day All contracts guarantee full principal return upon maturity, and users may withdraw profits instantly at any time—providing maximum flexibility with minimal risk.
Trusted by Over 9.2 Million Users in 192 Countries Since its founding in 2018, PFMCrypto has earned a reputation for delivering high-performance, transparent mining solutions. Today, its platform supports over 9.2 million users globally, offering both beginners and institutions access to secure, AI-optimized passive income streams.
Get Started with Liquidity Mining in 3 Simple Steps: 1. Sign Up –Create an account and receive a $10 welcome bonus. 2. Choose a Mining Plan – Select your preferred term and budget 3. Start Earning Daily – Sit back as PFMCrypto’s AI engine mines for you
About PFMCrypto PFMCrypto is a global pioneer in AI-powered cloud mining and decentralized finance solutions. Founded in 2018, the platform enables remote mining for XRP, BTC, ETH, DOGE, LTC, and SOL—offering high-yield, low-risk opportunities for users across 192 countries. Start your smarter mining journey today:https://pfmcrypto.net
HONG KONG, July 11, 2025 (GLOBE NEWSWIRE) — MultiBank Group, the world’s largest financial derivatives institution, has officially opened the waitlist for early access to its highly anticipated utility token, MBG. This marks a significant step in the company’s strategy to merge traditional finance with the Web3 ecosystem.
All waitlist participants will receive early access to the token presale and automatically enter a raffle for a pool of 27,000 MBG tokens. Registration is now available on the official token website with a simplified process requiring no KYC procedures or financial commitments at this stage.
Waitlist benefits
The MBG token waitlist presents a unique opportunity to reserve early access before the public sale begins. By joining the waitlist, participants secure their place among the first invited to purchase the token.
The early access program is designed to give the community time to study the project and make informed decisions about participating in the tokenized ecosystem of one of the world’s leading financial groups.
Token built on MultiBank’s solid financial heritage
The MBG token stands out in the volatile crypto market with its unique foundation—it is backed by real assets and revenues of MultiBank Group, a company with an impeccable 20-year reputation in the financial industry.
MultiBank Group, established in 2005, today holds 17 regulatory licenses across five jurisdictions and serves over 2 million clients in more than 100 countries. With daily trading volume exceeding $35 billion and net profit of $275.9 million in 2024, the company demonstrates financial stability that is rare in the Web3 world.
Notably, the token launch comes on the heels of MultiBank’s recent landmark $3 billion deal with MAG Lifestyle Development and Mavryk—the world’s largest real estate tokenization initiative. This deal, featuring premium properties like The Ritz-Carlton Residences, Dubai, Creekside at Keturah Resort, and Keturah Reserve, positions MBG as the next anticipated milestone in the company’s strategy, attracting attention from both institutional and retail investors.
Four pillars of the MBG ecosystem
The MBG token is integrated into MultiBank Group’s four-pillar ecosystem to maximize its utility:
1. MultiBank FX (TradFi Platform)
Current daily volume: $35 billion
2024 EBITDA: $284.9 million
Trading in Forex, metals, shares, indices, and commodities
2. MEX Exchange (Institutional ECN)
Independent valuation: $23.7 billion
First institutional ECN for emerging markets
Projected volume: $460 billion per day by year five
MBG holders gain access to benefits across the entire ecosystem: from trading discounts and priority execution to staking rewards and exclusive access to tokenized real estate assets.
MBG token benefits
The token offers an 11-tier loyalty system where holders of 1,000 to 550,000+ tokens receive progressive benefits: spot trading discounts up to 23%, fixed staking yields up to 45% annually, and substantial FX/CFD trading discounts up to 22.5%.
The staking program includes both fixed and variable APY options. Fixed programs offer predictable returns from 3% (30 days) to 29% (365 days), depending on the holder’s tier. The variable model is tied to ecosystem trading fees, creating a sustainable source of rewards.
Holders also receive priority trade execution, access to exclusive trading pairs including tokenized RWA assets, and early access to IEO listings on the platform. For social traders, the token unlocks advanced portfolio copying capabilities and trading signals from top traders.
At the institutional level, MBG provides on-chain trade recording for full transparency, simplified auditing for compliance requirements, and the ability to use tokenized assets as collateral for derivatives trading—creating a unique bridge between TradFi and DeFi.
MBG token: A window to the future
“MultiBank has extensive experience and an excellent reputation in the market, which allows us to proudly present a new promising project that will ensure seamless interaction between Web3 and traditional finance,” notes Zak Taher, founder and CEO of MultiBank.io.
The token also includes a deflationary buyback and burn model tied to platform revenues. The program envisions cumulative burning of up to $440 million over the first four years, potentially removing up to 50% of the total token supply.
Development prospects
The official launch of the MBG token is scheduled for July 2025 with listings on leading centralized and decentralized exchanges. Waitlist participants will receive notifications about all key dates and early participation opportunities.
To join the waitlist and get additional information about the MBG token, visit the project’s official website.
About MultiBank Group
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance.
Disclaimer: This content is provided by MultiBank Group. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
July 11, 2025 – Rome, Italy – Department of Finance Canada
In an increasingly dangerous and divided world, co-operation with reliable partners is more important than ever. Canada is building a new era of collaboration – one rooted in mutual support and resilient partnerships.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a productive visit to Rome, Italy, where he took part in the fourth Ukraine Recovery Conference and bilateral Canada-Italy discussions.
The Conference unites world leaders behind the Ukrainian cause, and the shared imperative of guaranteeing a lasting support and reconstruction of Ukraine. To that end, Minister Champagne participated in the Ukraine Donor Platform ministerial meeting and met with several international partners to discuss Ukraine’s financing and recovery needs. The Minister chaired a major, high-level panel of global experts on ways to privately finance Ukraine’s reconstruction, in which he seized the occasion to announce the disbursement of a $200 million contribution to support Ukraine through the World Bank’s Facilitation of Resources to Invest in Strengthening (F.O.R.T.I.S.) Ukraine Financial Intermediary Fund. This disbursement fulfills Canada’s $5 billion total contribution under the G7 Extraordinary Revenue Allocation (ERA) loans mechanism.
The forum was also an opportunity to advance shared priorities with international partners, particularly in energy production and security partnerships. Minister Champagne met with leading partners, namely the Deputy Prime Minister of the United Kingdom, the Italian and Ukrainian ministers of Finance, the President of the European Bank for Reconstruction and Development, the Governor of the Bank of Italy, and Chief Executive Officers of major Italian and Canadian financial and energy firms.
The Minister and his Italian counterpart, Giancarlo Giorgetti, together visited Italy’s preeminent financial crime unit to learn best practices, in support of the G7 Financial Crime Call to Action agreed at the G7 Finance Ministers and Central Bank Governors Meeting in Banff, Alberta.
Finally, the Minister will be meeting with the Vatican’s Secretary for Relations with States, His Excellency Archbishop Paul Gallagher, on Saturday.
Finance Minister Nirmala Sitharaman on Friday inaugurated and laid foundation stones for infrastructure and development projects worth Rs 1,087.81 crore in Meghalaya.
Addressing an Integrated Public Programme at the LARITI — International Centre for Performing Arts and Culture in Shillong, Sitharaman praised the state’s progress and credited Chief Minister Conrad K. Sangma’s leadership for effective implementation of central schemes.
The finance minister said Meghalaya had made full use of the Rs 5,400 crore allocated under the Special Assistance to States for Capital Investment (SASCI). “Some states are not able to utilise their share fully; here we have Meghalaya using its quota entirely,” she said.
Sitharaman said the Centre views the Northeast as a region that needs to be empowered and strengthened. She noted that over 540 km of roads have been built in the state and optical fibre coverage has increased five-fold since 2014.
She also highlighted Meghalaya’s performance in schemes such as the Jal Jeevan Mission, PM Awas Yojana, PM Jeevan Jyoti Bima Yojana, and Swachh Bharat Mission.
Sangma thanked the Centre for its continued support, saying Sitharaman’s visit would help address local concerns. “This visit is not only for official programmes but also to connect with citizens and understand firsthand the issues we face,” he said.
Reiterating the state’s goal of becoming one of India’s top ten states by 2032, Sangma said Meghalaya has tapped Externally Aided Projects (EAPs) as a major funding source for development. Total funding through various schemes and EAPs has reached nearly Rs 12,000 crore, he said.
ROAD TOWN, British Virgin Islands, July 11, 2025 (GLOBE NEWSWIRE) — Ozak AI, a blockchain-powered platform integrating artificial intelligence for predictive analytics and trading intelligence, has officially entered the fourth stage of its presale, offering its native token OZ at $0.005. Having already raised over $1.2 million, Ozak AI (OZ) is rapidly gaining momentum as it prepares for broader platform deployment and centralized exchange listings later this year.
The announcement marks a major milestone in the project’s roadmap as it moves closer to launching its full suite of AI-driven tools for crypto investors and traders.
AI Meets Blockchain in a Unified Predictive Platform
Ozak AI is developing a decentralized infrastructure that aims to make advanced market analytics and predictive forecasting more accessible to everyday investors. The platform is designed to deliver real-time market sentiment, trading signals, and personalized prediction agents (PAs) tailored to each user’s strategy.
At the heart of the system lies the Ozak Stream Network (OSN), a low-latency data streaming protocol that enables continuous flow and analysis of market data. Combined with a DePIN-based architecture for decentralized data processing, Ozak AI is built for scale, speed, and accuracy.
“The fourth presale stage is a crucial phase for us,” said an Ozak AI spokesperson. “The funding raised is supporting final development sprints and will accelerate deployment of our beta tools to early users. We’re creating a platform that allows users to tap into powerful AI prediction engines without needing institutional-level resources.”
Strong Market Interest Ahead of Exchange Listing
The growing adoption of AI technology across finance, healthcare, and enterprise sectors has extended into the crypto space, where traders increasingly seek algorithmic tools to gain an edge in volatile markets. Ozak AI aims to fill this gap by providing a predictive analytics engine that adapts to shifting trends, market structures, and sentiment patterns.
The OZ token will power the platform’s ecosystem, enabling access to AI modules, staking incentives, and governance features. Following the presale stages, Ozak AI plans to launch its native token on multiple centralized exchanges (CEXs), providing wider access and liquidity.
“Exchange listings are a key part of our post-presale roadmap. We are currently in discussions with multiple trading venues and will announce finalized partnerships in the coming months,” the company representative added.
Ozak AI has laid out a structured roadmap with several development and release targets in the second half of 2025:
Q3 2025: Launch of Prediction Agent (PA) customization dashboard for beta users
Q4 2025: Deployment of Ozak Stream Network v1 and integration of DePIN modules
Q4 2025: Official listing of OZ token on centralized exchanges
Early 2026: Public release of full analytics platform with AI-powered forecast dashboards, community-driven data models, and API support for third-party platforms
The company’s upcoming releases will also include sentiment analysis tools trained on blockchain activity and social media signals to help investors stay ahead of sudden market shifts.
Industry Trends Align with Vision
As the crypto and AI sectors converge, the demand for real-time, data-driven insights is accelerating. Ozak AI’s entry into this space comes at a time when the broader market is witnessing renewed interest in AI-powered applications across decentralized networks.
Recent growth in DePIN (Decentralized Physical Infrastructure Networks) and predictive blockchain protocols signals a shift toward more intelligent infrastructure in Web3. Ozak AI’s approach aligns closely with these macro trends by combining machine learning with permissionless architecture, aiming to create a more transparent and insightful trading environment.
Token Details
Token Name: OZAK AI (OZ)
Presale Price (Stage 4): $0.005
Total Presale Rounds: 7
Funds Raised So Far: $1.2M+
Token Utility: Access to AI prediction modules, staking, governance, and premium analytics features
The OZ token smart contract has undergone internal audits, and an external audit report will be published prior to the token generation event (TGE) scheduled post-presale.
Final Presale Stages and Participation
Investors can participate in the ongoing presale by visiting the official Ozak AI website. The remaining stages of the presale will see gradual price increases, with the final round pricing OZ at $0.02. Early adopters can lock in tokens at current discounted rates before broader access via exchanges.
To learn more about the project, users can join the official Telegram group or follow updates on X (formerly Twitter).
About Ozak AI Ozak AI is a blockchain-based predictive analytics platform that leverages artificial intelligence to provide real-time trading insights, personalized market forecasts, and data-driven tools for cryptocurrency traders and investors. The platform combines AI algorithms, low-latency streaming, and decentralized infrastructure to help users make informed decisions in fast-paced digital asset markets.
Disclaimer:This content is provided byOzak AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented.We do not guarantee any claims, statements, or promises made in this article.This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital.It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
SINGAPORE, July 11, 2025 (GLOBE NEWSWIRE) — The cryptocurrency market is in the midst of an explosive bull run, with Bitcoin recently breaking the $110,000 mark, sparking excitement and renewed interest among traders and investors globally. As the digital asset class continues to mature, BexBack Exchange is capitalizing on this surge by offering unrivaled trading conditions to both new and seasoned crypto traders.
With volatility surging and Bitcoin prices sky-high, now is the time to capitalize on cryptocurrency’s potential. To help investors maximize returns in this new bull market, BexBack is rolling out some of the most competitive offers in the industry.
Why Choose BexBack Now?
100x Leverage: Traders can now use up to 100x leverage on Bitcoin, Ethereum, and other major crypto futures. This allows you to magnify your potential returns and maximize the opportunities in this high-volatility market.
100% Deposit Bonus: To help you get the most out of your investments, BexBack is offering a 100% deposit bonus. Simply deposit funds, and BexBack will match your deposit, doubling your capital to increase your trading power.
$50 Welcome Bonus: New users who register and deposit 100 USDT or 0.001 BTC or more and make their first transaction can receive a $50 welcome bonus. No KYC required, easy and convenient – just a simple reward to start your trading journey.
No KYC: Enjoy seamless trading without the need for complex identity verification. BexBack ensures a fast, secure, and anonymous trading experience.
How to Maximize Your Gains with 100x Leverage
With 100x leverage, you can control larger positions with smaller amounts of capital. For example:
If Bitcoin is trading at $110,000, and you open a position with 1 BTC, you effectively control 100 BTC.
If Bitcoin’s price increases by 5% to $115,500, your profit could be 5 BTC (an ROI of 500%).
Leverage is a powerful tool, but it’s essential to use it wisely. With higher risk comes the potential for higher returns—so understanding your risk tolerance and setting stop losses is key to protecting your capital.
BexBack: Trusted by Over 500,000 Traders Worldwide
As one of the leading platforms for cryptocurrency futures trading, BexBack provides exceptional leverage options and cutting-edge tools for traders of all levels. The platform is trusted by over 500,000 traders around the world, with zero deposit fees and 24/7 multilingual customer support. BexBack also holds a U.S. MSB (Money Services Business) license, further ensuring security and reliability for all users.
How to Get Started
Sign Up: Register for a BexBack account.
Deposit Funds: Fund your account to claim your 100% deposit bonus and start trading.
Start Trading: Use the $50 welcome bonus to kick off your crypto futures journey and leverage up to 100x to maximize your profits.
Don’t Miss Out—Join BexBack Now!
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Disclaimer: This content is provided by BexBack.The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
London, UK, July 11, 2025 (GLOBE NEWSWIRE) — As Bitcoin stabilizes at $100,000, mainstream crypto assets are experiencing a collective explosion. In the volatile market, more and more investors no longer rely on high-risk short-term transactions, but choose to accumulate assets in a stable way. As the world’s leading legal and compliant cloud mining platform, BJMining is helping users achieve the goal of “earning $8500 a day” with its intelligent computing power and green energy technology.
What is BJMining?
One-stop cloud mining service provider, a passive income tool for everyone
Founded in 2015, BJMining is a long-established cloud mining platform headquartered in the UK, dedicated to making it easy for every user to participate in the cryptocurrency ecosystem. Users do not need to buy mining machines or build servers, they only need to register and purchase contracts to enjoy stable daily mining income.。
The platform has more than 60 green mines around the world and has deployed more than 1.2 million professional mining machines. It operates around the clock, and all profits are settled transparently without any middleman commissions. It is a truly “zero-threshold participation” crypto wealth channel.
Why choose BJMining?
Seven advantages to build a trust foundation for the crypto world
No mining machines or maintenance required, the contract can be started with one click and the income can be settled daily;
AI intelligent scheduling + green energy, computing power online rate 99.9%, zero carbon footprint of electricity consumption;
McAfee® + Cloudflare® dual security protection, platform assets are insured by AIG;
0 management fees + 0 hidden fees, the revenue chain is traceable, transparent and clear
Supports multi-currency withdrawals, including BTC, USDT, DOGE, ETH, XRP, etc., to wallets within seconds;
Invitation rebate mechanism: 3% for direct referrals and 2% for indirect referrals, with no upper limit on earnings.
Diversified contracts to meet different investment needs:
From entry-level experience to professional deployment, flexible contracts are at your fingertips
BJMining currently has several hot-selling contracts online. Whether you are a novice investor or an advanced player pursuing high returns, you can find a suitable configuration:
WhatsMiner M50S+: Invest $100 for 2 days, total net profit will be $106;
WhatsMiner M60S++: Invest $600 for 7 days, total net profit will be $652.50;
Avalon Miner A1566: Invest $1,200 for 15 days, total net profit will be $1,434;
WhatsMiner M66S+: Invest $5,800 for 30 days, total net profit will be $8,410;
Antminer L7: Invest $12,000 for 40 days, total net profit will be $20,160;
Antminer S21e XP Hyd：Invest $27000 for 45 days, total net profit is $48870;
All contracts are intelligently allocated computing power by the AI system, purchase takes effect immediately, daily profit settlement is automatic, and funds can be withdrawn within seconds. What is the user feedback?
Word-of-mouth driven growth, real benefits verified by 5 million users
BJMining currently serves more than 180 countries and regions around the world, with more than 5 million registered users. Data shows that the platform’s average customer satisfaction rate is 92%, and the rating on third-party platforms such as Trustpilot is stable at more than 4.8 stars.。
A user from the United States said: “I used XRP to participate in the BJMining contract, earning nearly $6,000 a day, which truly realized the passive appreciation of assets, which is much easier than speculating in cryptocurrencies.”
Conclusion: Stability is the best strategy to survive bull and bear markets
In this era full of uncertainty, it is better to actively allocate assets than to passively wait for the market. BJMining allows ordinary investors to easily participate in the crypto ecosystem, and it is no longer a dream to make thousands of dollars a day. Instead of frequently watching the market and worrying, it is better to let the computing power “work” for you and steadily get your own income in the bull market.
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Forvis Mazars – a global audit, assurance, tax, advisory and consulting services firm – is strengthening its commitment to Africa’s energy development through strategic partnerships, market expansion and financial expertise that drives energy growth across the continent. Formed through the merger of Mazars and Forvis, the global professional services network is expanding its footprint in Africa with new offices in Nigeria, Zimbabwe and Burkina Faso, bringing its total presence to 26 countries across the continent.
As a Gold Partner of this year’s African Energy Week (AEW): Invest in African Energies conference, the firm plays a key role in enhancing corporate governance, boosting project bankability and facilitating long-term investment in Africa’s energy market. AEW 2025: Invest in African Energies will take place from September 29 to October 3 in Cape Town under the theme Positioning Africa as the Global Energy Champion.
In Nigeria, Forvis Mazars recently launched a $5 billion global financial advisory firm in Lagos, creating a gateway to world-class financial services to support local project development. In Zimbabwe, the firm opened operations amid the country’s second gas discovery at the Mukuyu-2 well, aligning with upstream sector growth. Meanwhile, new offices in Ouagadougou, Burkina Faso reflect the firm’s strategic focus on West Africa’s booming energy sector, as projects such as Senegal’s Sangomar oilfield and the Greater Tortue Ahmeyim LNG terminal – straddling the maritime border between Senegal and Mauritania – gain momentum.
Forvis Mazars supports energy stakeholders with end-to-end financial advisory services that unlock value at every stage of the project lifecycle. From audits for LNG ventures to advising on energy taxation in oil-rich regions, the firm combines deep regional knowledge with global standards of excellence. Its role in Africa’s energy market is expected to grow alongside increasing demand for transparent, sustainable and compliant financial practices.
As a trusted advisor to governments, developers and multinationals, Forvis Mazars has become a critical enabler of energy investment and economic development. Its participation as a gold partner at AEW 2025: Invest in African Energies highlights the firm’s pivotal role in shaping Africa’s energy landscape through rigorous financial guidance, capacity building and private sector support.
“Forvis Mazars’ participation as a gold partner at AEW 2025 underscores the vital role financial expertise plays in accelerating energy development across Africa. Their presence strengthens the bridge between global investment standards and local project execution, ensuring transparency and long-term value creation. We are proud to welcome a partner so deeply committed to Africa’s energy future,” said NJ Ayuk, Executive Chairman, African Energy Chamber.
– on behalf of African Energy Chamber.
About African Energy Week: AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Headline: ICC champions private sector de-risking at Ukraine Recovery Conference
Speaking alongside Ukraine’s Deputy Minister of Economy, Andrii Teliupa, at an ICC co-hosted roundtable on export finance for Ukraine’s reconstruction – an official URC25 side event – ICC Secretary General John W.H. Denton AO announced ICC’s intention to establish a new Working Group on Export Finance for Reconstruction of Conflict-Afflicted Areas under the umbrella of the ICC Global Banking Commission.
“With the right risk mitigation tools in place, business can play a pivotal role in the reconstruction of Ukraine and other conflict-affected regions. ICC is proud to offer a trusted platform that fosters stronger public-private collaboration on export credit risk mitigation – enabling our global banking community to engage more effectively with public sector stakeholders on these critical issues.”
Mr Denton
Held at the Luiss School of Law on 9 July, in partnership with the Ministry of Economy of Ukraine and the Kyiv School of Economics, the roundtable convened senior officials from commercial banks, Export Credit Agencies, Development Finance Institutions, Multilateral Development Banks, businesses, and international organisations for candid dialogue on persistent challenges and practical solutions to mobilise export finance and mitigate risks facing businesses involved in Ukraine’s recovery.
The roundtable formed part of a broader series of ICC engagements in Rome. On 11 July, Mr Denton highlighted the importance of mitigating dispute-related risks to attract foreign investment on a URC panel looking at revitalising and modernising the manufacturing sector to boost industrial competitiveness. During the session, Mr Denton unveiled new details of a dedicated ICC dispute resolution initiative announced in November 2024, confirming a 20% reduction on administrative expenses for disputes related to Ukraine’s reconstruction across ICC’s full range of dispute resolution services, including arbitration and mediation.
Speaking at a Confindustria and Deloitte event, “Connecting for Ukraine’s Future Prosperity” on 9 July, Mr Denton also underscored the role of public-private partnerships and targeted de-risking measures in supporting infrastructure activity in Ukraine – a strategic sector for recovery.
ICC’s activities at the Ukraine Recovery Conference build on engagements at the 4th UN International Conference on Financing for Development (FfD4) in Seville earlier this month, where ICC co-hosted a high-level event with UNCTAD and the Berne Union looking at ways to enhance de-risking mechanisms for sustainable investment.
Participation in the 2025 Ukraine Recovery Conference builds on ICC’s longstanding involvement in Ukraine’s recovery process. This includes collaboration with multilateral platforms including the Ukraine Donor Platform, its Business Advisory Council, and the SME Resilience Alliance for Ukraine.
TALLINN, Estonia, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation dual-consensus blockchain project, has announced a limited-time Price Rollback, dropping the presale price of BTC-S tokens from $11 to just $5. This rollback, launched in Phase 11 of the presale, comes as the project prepares for its upcoming listing on LBank Exchange, marking a significant milestone in its rapid growth trajectory.
The announcement comes amid renewed enthusiasm in the crypto market, with Bitcoin ETFs attracting $14.4 billion in institutional capital in 2025 alone. While traditional finance embraces digital assets through ETF vehicles, Bitcoin Solaris is positioning itself as a ground-floor opportunity for retail users seeking direct participation, rewards, and utility.
A Blockchain Built for Everyday Users
Bitcoin Solaris is designed to provide broad accessibility and utility through its dual-layer blockchain, combining Proof-of-Work (PoW) for security with Delegated Proof-of-Stake (DPoS) for scalability. The network delivers:
Speeds of up to 10,000 transactions per second
2-second finality
Validator rotation every 24 hours
Smart contracts in Rust
Optional privacy via Zero-Knowledge Proofs (ZKPs)
Advanced bridging for cross-chain interoperability
Through the Solaris Nova App, users can mine BTC-S tokens from mobile or desktop devices with zero technical expertise, further lowering the barrier to blockchain participation.
Presale Performance and Key Metrics
Bitcoin Solaris has seen rapid adoption, with the presale currently in its 11th phase:
Over 14,150 users have already joined
More than $6.6 million raised
Launch price set at $20, offering current buyers significant upside
Presale projected to conclude in approximately 3 weeks
The newly introduced $5 Price Rollback reflects both community momentum and confidence in the project’s roadmap. The rollback is live now, with no codes or restrictions required.
To ensure secure delivery of tokens post-launch, participants are encouraged to use wallets such as Trust Wallet or MetaMask.
Tokenomics Designed for Fairness and Longevity
Following in the footsteps of Bitcoin’s supply structure, BTC-S has a fixed total supply of 21 million tokens, ensuring scarcity and long-term sustainability. The distribution model is as follows:
66.66% allocated to mining (over a 90-year period)
20% for presale
5% for liquidity
2% for ecosystem development
2% for community rewards
2% for staking
2% for marketing
0.33% for team and advisors
This allocation model is designed to support decentralization, incentivize participation, and ensure transparency over time.
Upcoming Exchange Listing on LBank
Bitcoin Solaris will be listed on LBankExchange, a globally recognized cryptocurrency trading platform, shortly after the presale concludes. The listing will provide early adopters with immediate liquidity and trading options, as well as increased exposure to new global audiences.
Built-in Utility: Daily Blockchain Gaming Rewards
The BTC-S ecosystem also features blockchain-based gaming that rewards users through a daily spin system, with tiers based on contribution levels:
All BTC-S holders receive free daily spins
Users spending $250+ can earn up to 5% in bonus BTC-S
Users spending $1,000+ are eligible for up to 13% bonus
High-tier participants spending $2,500+ can win up to 0.5 BTC
These reward features are accessible without requiring staking or token lock-up, providing instant and engaging utility for the community.
Real Hype. Real People. Real Reviews.
Crypto Twitter and YouTube are already buzzing. A detailed review by Crypto Show lays out exactly why Bitcoin Solaris has caught fire in recent weeks. From the tech to the mining app to the presale structure, it’s a combination that’s hard to ignore.
Community activity is surging on Telegram and X, where new users are joining daily and sharing their presale milestones and spins.
About Bitcoin Solaris
Bitcoin Solaris (BTC-S) is a high-speed, reward-based blockchain project focused on decentralization, real-world utility, and broad accessibility. Its technology stack incorporates dual-consensus architecture, scalable infrastructure, and user-first design features such as mobile mining and gamified incentives. With a fair tokenomics model, a growing community, and a strategic exchange listing on the horizon, Bitcoin Solaris aims to become a leading force in the next wave of blockchain adoption.
Key Dates and Details
Current Presale Price: $5 (limited-time rollback from $11)
Disclaimer:This content is provided by Bitcoin Solaris. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented.We do not guarantee any claims, statements, or promises made in this article.This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital.It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Government is set to increase the national footprint of sexual offences courts as part of the fight against gender-based violence and femicide (GBVF).
“Going forward, we will increase the national footprint of sexual offences courts, particularly in rural communities with additional 16 sexual offences courts to be established in line with the recent amendments to the law and two additional TCCs (Thuthuzela Care Centers).
“The Sexual Offences Courts shall assist to deal with the alarming figures of sexual violence in the country and offer support services that are tailor-made for the survivors of sex crime,” Justice and Constitutional Development Minister Mmamoloko Kubayi said.
This as she tabled the Department of Justice and Constitutional Development Budget Vote on Wednesday. The Minister said that GBVF continues to devastate individuals and communities.
“We have a duty to do all that we can to protect the victims of gender-based violence, especially women and children. In this connection, the department has adopted a victim biased and victim centric approach which puts the victim first to avoid case bungling which gets perpetrators off the hook and secondary victimisation.”
This as over the 2024-25 period, the National Prosecuting Authority (NPA) recorded 3 697 convictions in relation to sexual offence with over 79% convicted with direct imprisonment, while 44 147 victims were supported at the 66 TCCs across the country.
“In collaboration with [the] SAPS [South African Police Service], the DNA project has processed 60 518 DNA samples to track and deal with repeat sexual offenders and serial rapists.”
Additionally, the department will ensure that all convicted sex offenders are registered in the National Register for Sexual Offenders (NRSO) and initiate a process to review legislation that is currently an inhibitor to the public release of this register.
The department further plans to ensure that protection orders are served by the clerk of the court on the respondent no later than 24 hours from the time the order is received by the clerk of the court.
TRC matters
On matters related to the Truth and Reconciliation Commission (TRC), the Minister said it was important for all of society to work together to heal the divisions of the past.
“The TRC made recommendations and in June 2003, Parliament approved the granting of reparations to TRC identified victims in respect of final reparation in the form of a once-off grant of R30 000,00; medical benefits and other forms of social assistance; symbols and monuments; and rehabilitation of communities for purposes of contributing to healing the wounds of the past and restoring human dignity.”
She added that the total amount paid to individuals as interim reparations stands at almost R53 million while the total amount paid for the final once-off individual grants is just below R500 million.
In basic education, the total number of learners funded is 11934 and the payments made to the beneficiaries in respect of this reparation is about R137 million.
The total number of students funded is 1922 and the payments made to the beneficiaries in respect of this reparation is R132 million.
“[The] Gallows Exhumation project out of a total of 180 remains recovered including missing persons, gallows and other cases 76 have been handed over to families and will conclude two that are remaining this year.
On TRC related criminal cases and inquest work, there are total of 158 separate investigations. There are a total seven reopened inquests, 10 formal inquests, six finalised inquests, four pending inquests and two convictions.
“President Cyril Ramaphosa has established A Judicial Commission of Inquiry into allegations regarding efforts or attempts were made to stop the investigation or prosecution of the Truth and Reconciliation Commission cases to be chaired by retired Constitutional Court Judge Sisi Khampepe,” said the Minister.
The establishment of the commission of inquiry is part of an agreement reached in settlement discussions in a court application brought by families of victims of apartheid-era crimes.
Fighting fraud and corruption
On matters related to the fight against fraud, the department will increase efforts towards disrupting and reducing the effects of organised crime through a multi-stakeholder approach. It will collaborate closely with key partners, including the SAPS, Directorate for Priority Crime Investigation (DPCI) and the South African Revenue Service (SARS).
“The Asset Forfeiture Unit (AFU) of the NPA successfully recovered over R3.9 billion in ill-gotten gains through the implementation of the Corporate Alternative Dispute Resolution mechanism, thus ensuring that persons and entities do not benefit from unlawful activities and corruption.”
In the financial year 2024/25, the Special Investigation Unit (SIU) recovered a cash value of more than R833 million, assets to the value of R 1.3 billion, set aside irregular contracts worth R 5.6 billion and prevented potential loss to the state to tune R 2.7 billion.
“The establishment of the Special Tribunal has allowed for expedited resolutions and substantial recovery for the state, showcasing the Unit’s effectiveness. The SIU will also enhance its anti-corruption through among others establishing a dedicated Lifestyle Audit Unit as a permanent capability to enhance its mandate in detecting unexplained wealth and preventing corrupt practices.”
“This initiative includes the acquisition of an advanced lifestyle audit analytics tool that will increase efficiency and enable high-quality, evidence-based reporting. The Unit will ensure protection of whistle-blowers and SIU personnel integral to upholding the integrity of anti-corruption efforts,” said Kubayi. –SAnews.gov.za
Source: People’s Republic of China – State Council News
BEIJING, July 11 — China has adjusted the evaluation metrics for state-owned insurance companies, as part of efforts to promote their sustainable operations, the Ministry of Finance said on Friday.
This adjustment aims to enhance the roles of insurance capital in stabilizing markets and supporting economic growth, according to a circular from the ministry.
The assessment of state-owned insurers’ return on equity will shift from a “current year and a three-year cycle” model to a multi-tiered system incorporating current-year, 3-year and 5-year cycle metrics, the circular said.
Evaluation of the state capital maintenance and appreciation rate will adopt the same system — replacing the previous current-year-only measurement, it added.
Source: People’s Republic of China – State Council News
BEIJING, July 11 — China has adjusted the evaluation metrics for state-owned insurance companies, as part of efforts to promote their sustainable operations, the Ministry of Finance said on Friday.
This adjustment aims to enhance the roles of insurance capital in stabilizing markets and supporting economic growth, according to a circular from the ministry.
The assessment of state-owned insurers’ return on equity will shift from a “current year and a three-year cycle” model to a multi-tiered system incorporating current-year, 3-year and 5-year cycle metrics, the circular said.
Evaluation of the state capital maintenance and appreciation rate will adopt the same system — replacing the previous current-year-only measurement, it added.
Bleming Nekati is the Regional Head for Private Sector Operations in Southern Africa at the African Development Bank (www.AfDB.org).
In June 2025, a quiet but important decision marked a real turning point in African urban finance. The African Development Bank’s Board of Directors approved a ZAR 2.5 billion ($139 million) corporate loan for the City of Johannesburg, marking the first time the Bank has extended financing without a sovereign guarantee to a subnational government in Africa.
This funding will have a direct and tangible impact on the daily lives of Johannesburg residents by strengthening basic services and expanding economic opportunities. Residents can expect fewer power outages, improved water supply, more efficient waste collection, and increased industrial productivity, all of which contribute to broader economic growth. Importantly, these improvements are being financed through a more sustainable, market-based model that reduces reliance on national subsidies.
The deal is more than just a funding breakthrough; it validates the growing view among investors and development professionals alike that, when well-managed, African cities can and should access capital markets on their own terms.
A Market-Ready Metropolis
Johannesburg isn’t just South Africa’s largest city. It is a major economic hub and powerhouse. With $67 billion in economic output, and housing at least 6.44 million residents, the city generates more wealth than many African countries.
However, like many fast-growing African cities, the City of Johannesburg is under pressure.
Legacy infrastructure is aging. Its electricity and water systems suffer significant losses, at rates exceeding 30% and 46%, respectively. Sanitation and waste services are overwhelmed, particularly in underserved communities. Population growth is intensifying these challenges. Yet these constraints also represent opportunities: Johannesburg has unmet demand, real scale, and crucially, a clear willingness to reform.
From Municipal Risk to Bankable Asset
Historically, African municipalities have struggled to attract direct capital investment due to legal constraints and concerns about credit risk. The City of Johannesburg has now defied this trend through a decade of governance, budgeting, and financial reforms that have strengthened its independently verified credit profile and inspired investor confidence.
The African Development Bank loan is tied to over 100 capital projects spanning four critical sectors:
Electricity: Grid upgrades, smart meters, renewables, and 3,200 new household connections
Water & Sanitation: Pipeline repair, water treatment, and a plan to reduce losses to 37%
Solid Waste: More efficient collection, landfill upgrades, and recycling expansion
Revenue-Generating Utilities: All investments are linked to tariff-backed revenue streams for repayment
Economic Stimulus with Returns
The infrastructure program is designed to deliver both economic and social returns:
Job Creation: Nearly 2,900 construction jobs and 592 permanent roles, with gender and youth inclusion targets
Procurement Opportunity: ZAR 500 million in contracts allocated to SMEs, half to youth-owned businesses
Productivity Gains: More reliable services for industrial users support operational efficiency
Service Equity: 160,000 low-income households will receive improved access to utilities
The partnership has embedded strong governance practices into the program, including independent oversight, transparent procurement, and financial safeguards, key criteria for future capital access.
Momentum Beyond the City of Johannesburg
While the City of Johannesburg may be the first African city to secure a non-sovereign guaranteed loan from the African Development Bank, it is not alone in its efforts to achieve financial independence. Other cities, such as Dakar, Cape Town, Nairobi, and Kigali, have also made significant progress towards attaining more autonomy and accountability in their financing mechanisms.
These cities share a common understanding that urban growth must be matched by fiscal capability, and that capital markets, not subsidies, will drive the next generation of infrastructure investments.
Investor Takeaway: Cities Are the Next Frontier
Johannesburg’s breakthrough isn’t just a local success; it’s a signal to the market. African cities are increasingly proving themselves as bankable partners. For investors, lenders, and infrastructure firms, the rise of creditworthy municipalities is an untapped opportunity.
The trend is clear: well-managed cities are evolving from mere service providers. They are also infrastructure clients, capital partners, and engines of inclusive economic growth.
As Africa continues to urbanize, cities such as Johannesburg are showing that the future of investment is increasingly rooted in local contexts. When the appropriate financial architecture is established, cities are well-positioned to lead and drive sustainable development.
Distributed by APO Group on behalf of African Development Bank Group (AfDB).
The SWIFT constellation, shown not to scale in this illustration, will fly farther than its predecessors to improve space weather warning time. Steve Alvey
The burgeoning space industry and the technologies society increasingly relies on – electric grids, aviation and telecommunications – are all vulnerable to the same threat: space weather.
These ejections are bundles of magnetic fields and particles that originate from the Sun. They can travel at speeds up to 1,242 miles per second (2,000 kilometers per second) and may cause geomagnetic storms.
They create beautiful aurora displays – like the northern lights you can sometimes see in the skies – but can also disrupt satellite operations, shut down the electric grid and expose astronauts aboard future crewed missions to the Moon and Mars to lethal doses of radiation.
An animation shows coronal mass ejection erupting from the Sun.
Space is also a critical domain for military operations. Satellites provide essential capabilities for military communication, surveillance, navigation and intelligence.
As countries such as the U.S. grow to depend on infrastructure in space, extreme space weather events pose a greater threat. Today, space weather threatens up to US$2.7 trillion in assets globally.
In September 1859, the most powerful recorded space weather event, known as the Carrington event, caused fires in North America and Europe by supercharging telegraph lines. In August 1972, another Carrington-like event nearly struck the astronauts orbiting the Moon. The radiation dose could have been fatal. More recently, in February 2022, SpaceX lost 39 of its 49 newly launched Starlink satellites because of a moderate space weather event.
Today’s space weather monitors
Space weather services heavily rely on satellites that monitor the solar wind, which is made up of magnetic field lines and particles coming from the Sun, and communicate their observations back to Earth. Scientists can then compare those observations with historical records to predict space weather and explore how the Earth may respond to the observed changes in the solar wind.
Earth’s magnetic field naturally protects living things and Earth-orbiting satellites from most adverse effects of space weather. However, extreme space weather events may compress – or in some cases, peel back – the Earth’s magnetic shield.
This process allows solar wind particles to make it into our protected environment – the magnetosphere – exposing satellites and astronauts onboard space stations to harsh conditions.
At these distances, the satellites remain within Earth’s protective magnetic shield and can reliably measure the planet’s response to space weather conditions. However, to more directly study incoming solar wind, researchers use additional satellites located farther upstream – hundreds of thousands of miles from Earth.
The U.S., the European Space Agency and India all operate space weather monitoring satellites positioned around the L1 Lagrange point – nearly 900,000 miles (1,450,000 km) from Earth – where the gravitational forces of the Sun and Earth balance. From this vantage point, space weather monitors can provide up to 40 minutes of advance warning for incoming solar events.
The Lagrange points are equilibrium points for smaller objects, like the Earth, that orbit around a larger object, like the Sun. The L1 point is between the Earth and the Sun, where the gravitational pulls of the two objects balance out. Since the Sun’s pull is so much stronger than the Earth’s, the point is much closer to Earth. Xander89/Wikimedia Commons, CC BY-SA
Advance warning for space weather
Increasing the warning time beyond 40 minutes – the current warning time – would help satellite operators, electric grid planners, flight directors, astronauts and Space Force officers better prepare for extreme space weather events.
For instance, during geomagnetic storms, the atmosphere heats up and expands, increasing drag on satellites in low Earth orbit. With enough advance warning, operators can update their drag calculations to prevent satellites from descending and burning up during these events. With the updated drag calculations, satellite operators could use the satellites’ propulsion systems to maneuver them higher up in orbit.
Airlines could change their routes to avoid exposing passengers and staff to high radiation doses during geomagnetic storms. And future astronauts on the way to or working on the Moon or Mars, which lack protection from these particles, could be alerted in advance to take cover.
Aurora lovers would also appreciate having more time to get to their favorite viewing destinations.
The Space Weather Investigation Frontier
My team and I have been developing a new space weather satellite constellation, named the Space Weather Investigation Frontier. SWIFT will, for the first time, place a space weather monitor beyond the L1 point, at 1.3 million miles (2.1 million kilometers) from Earth. This distance would allow scientists to inform decision-makers of any Earth-bound space weather events up to nearly 60 minutes before arrival.
Satellites with traditional chemical and electric propulsion systems cannot maintain an orbit at that location – farther from Earth and closer to the Sun – for long. This is because they would need to continuously burn fuel to counteract the Sun’s gravitational pull.
To address this issue, our team has spent decades designing and developing a new propulsion system. Our solution is designed to affordably reach a distance that is closer to the Sun than the traditional L1 point, and to operate there reliably for more than a decade by harnessing an abundant and reliable resource – sunlight.
SWIFT would use a fuelless propulsion system called a solar sail to reach its orbit. A solar sail is a hair-thin reflective surface – simulating a very thin mirror – that spans about a third of a football field. It balances the force of light particles coming from the Sun, which pushes it away, with the Sun’s gravity, which pulls it inward.
While a sailboat harnesses the lift created by wind flowing over its curved sails to move across water, a solar sail uses the momentum of photons from sunlight, reflected off its large, shiny sail, to propel a spacecraft through space. Both the sailboat and solar sail exploit the transfer of energy from their respective environments to drive motion without relying on traditional propellants.
A solar sail could enable SWIFT to enter an otherwise unstable sub-L1 orbit without the risk of running out of fuel.
NASA successfully launched its first solar sail in 2010. This in-space demonstration, named NanoSail-D2, featured a 107-square-foot (10 m2 ) sail and was placed in low Earth orbit. That same year, the Japanese Space Agency launched a larger solar sail mission, IKAROS, which deployed a 2,110 ft2 (196 m2 ) sail in the solar wind and successfully orbited Venus.
An illustration of the solar sail used on the IKAROS space probe. These sails use light particles as propulsion. Andrzej Mirecki, CC BY-SA
The Planetary Society and NASA followed up by launching two sails in low Earth orbit: LightSail, with an area of 344 ft2 (32 m2 ), and the advanced composite solar sail system, with an area of 860 ft2 (80 m2 ).
The SWIFT team’s solar sail demonstration mission, Solar Cruiser, will be equipped with a much larger sail – it will have area of 17,793 ft2 (1,653 m2 ) and launch as early as 2029. We successfully deployed a quadrant of the sail on Earth early last year.
If successful, the Solar Cruiser mission will pave the way for a small satellite constellation that will monitor the solar wind.
To transport it to space, the team will meticulously fold and tightly pack the sail inside a small canister. The biggest challenge to overcome will be deploying the sail once in space and using it to guide the satellite along its orbital path.
If successful, Solar Cruiser will pave the way for SWIFT’s constellation of four satellites. The constellation would include one satellite equipped with sail propulsion, set to be placed in an orbit beyond L1, and three smaller satellites with chemical propulsion in orbit at the L1 Lagrange point.
The satellites will be indefinitely parked at and beyond L1, collecting data in the solar wind without interruption. Each of the four satellites can observe the solar wind from different locations, helping scientists better predict how it may evolve before reaching Earth.
As modern life depends more on space infrastructure, continuing to invest in space weather prediction can protect both space- and ground-based technologies.
Mojtaba Akhavan-Tafti receives funding from NASA. He is the Principal Investigator of Space Weather Investigation Frontier (SWIFT).
