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View More NewsBitcoin has spent five straight months trading below what it costs to produce, squeezing miners and forcing some to sell, JPMorgan said in a note. The bank pegs the cost to mine one bitcoin at about $78,000, well above the roughly $62,500 the asset fetches now.The strain is showing and about 20% of miners are now unprofitable, the bank said citing CoinShares data, and publicly traded miners sold more than 32,000 bitcoin in the first quarter to cover operating costs, more than they offloaded in all of 2025.The network is adjusting on its own. When the price drops below cost,…
A new Colorado law has raised the hackles of a coalition of gun owners in the state, leading them to challenge its constitutionality in federal court. Signed into law on June 2 by Colorado Democratic Gov. Jared Polis, the Requirements for Firearms Dealers Act requires all gun sellers in the state to allow any “duly authorized peace officer” to inspect their sales records “at all times.” The bill follows in the footsteps of 11 other states and Washington, D.C., by extending the state’s record-keeping requirements for firearms dealers to all retail transactions, including transfers. Dealers will be required to note…
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Last Wednesday, 3 June, was surely one of the most shameful days in the Knesset’s 77-year history. Michael Rabello, the personal attorney of Israeli prime minister Benjamin Netanyahu, was elected the country’s next state comptroller—the official who inspects, reviews, and audits government policy and conduct, and whose broad powers of inspection include the use of hundreds of lawyers, accountants, and other professionals under his authority.Israeli law stipulates that the Knesset vote for this position must be carried out in secret, with MKs casting ballots alone behind a screen. Rabello’s rival for the post, former Supreme Court justice Yosef Elron, won…
Latest News
from the free-speech-is-a-good-thing dept Senators Ron Wyden and Ted Cruz have released the JAWBONE Act (“Justice Against Weaponized Bureaucratic Overreach to Networked Expression Act”)…
The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to…
The Ethereum Foundation has lost another high-ranking contributor, amid increasing scrutiny of the research organization as the network faces ongoing questions about talent retention…
In brief Perplexity launched Brain, a memory system for Computer that builds a context graph of past sessions, sources, and corrections—then synthesizes it overnight…
In brief Everyday investors that have allocated savings to Strategy’s STRC have been drawn to double-digit yields, but the preferred stock’s volatility has created…
The Ethereum Foundation’s (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a…
The next crypto user may start outside exchangesFor most of crypto’s history, new users followed a fairly standard path. They signed up on an…
In brief The Federal Reserve proposed new rules requiring U.S. crypto firms to verify stablecoin users. Former Fed Chair Jerome Powell backed the proposal.…
World Refugee Day draws attention to journalists who have been forced to flee their home countries due to threats, conflict, or repression. While exile…
The UK Anti-SLAPP Coalition, which is co-chaired by Index on Censorship, had a significant campaign success this week when coordinated Bills were introduced in…
Google, for example, has warned organizations to begin preparing for the transition to post-quantum cryptography and has been integrating quantum-safe cryptographic standards into parts…
A viral social media post is reviving an alleged Bitcoin prediction that appears to have called several major BTC price levels from 2019 through…