Newsalloy.com looks like a personal news aggregation project that's been running for two decades. The domain is old and has never appeared on any blacklist, which suggests the site isn't actively malicious. But the missing HTTPS encryption is a real problem: any information you view — or any links you click — could theoretically be intercepted. Most reputable news aggregators, even small ones, have moved to HTTPS by now.
You won't find an about page, a contact email, or social media accounts here. That's common for low-key hobby sites, but it does mean there's nobody to reach if something goes wrong. The site also lacks a privacy policy and terms of service, which is legally fine for a site that doesn't collect user data, but it adds to the overall lack of transparency.
If you're looking for a news aggregator, there are plenty of well-known alternatives with proper security. For casual browsing, newsalloy.com probably won't harm your computer, but don't treat it as a trusted source for critical information. Stick to sites that at least encrypt their traffic.