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View More NewsPayward, the parent company of crypto exchange Kraken, has completed its acquisition of Bitnomial, giving the firm a full U.S. derivatives stack regulated by the Commodity Futures Trading Commission (CFTC).The deal gives Payward control of Bitnomial’s futures broker, exchange and clearinghouse licenses. That structure allows Payward to offer regulated crypto derivatives in the U.S. without relying on a patchwork of third-party venues.The transaction values Payward’s equity at $20 billion. It follows the firm’s $1.5 billion acquisition of retail futures platform NinjaTrader in 2025, the two deals together forming the backbone of its U.S. derivatives push.Payward said it plans to start…
Strategy, the world’s biggest public Bitcoin holder, is taking a break from crypto purchases as the company readies its first quarter earnings report, slated for Tuesday.On Sunday, Executive Chairman Michael Saylor announced “No buys this week” in a post on X, where he has regularly provided a signal of planned purchases. In its most recent purchase, the Tysons Corner, Virginia-based company acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on April 27.Source: Michael Saylor on XThe company now holds 818,334 BTC, bought at an average…
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In April 2020, I published an essay in these pages investigating attempts to boost minority (specifically black) enrolment in America’s medical schools. These attempts consisted mostly of subtle bookkeeping gimmickry that under-counted grade point averages and Medical College Admission Test (MCAT) scores while giving greater weight to “non-cognitive skills.” A month after that essay appeared, in Minneapolis, a white cop knelt on a black man’s neck for nine minutes and sparked one of the greatest moral panics in modern American history.Declining Med School Standards in a Time of PandemicThe language of the social justice Left began appearing in diversity statements…
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More than three months after the FBI took the unprecedented step of raiding a Washington Post reporter’s home in connection with a national security…
Nobitex, Iran’s biggest crypto exchange, was founded by two brothers from one of the Islamic Republic’s most influential families with ties to the supreme…
New York Attorney General Letitia James has secured more than $5 million from cryptocurrency platform Uphold over its role in promoting a fraudulent investment…
The US crypto industry’s momentum won’t be derailed in the long term even if the much-anticipated CLARITY Act, aimed at bringing more regulatory clarity…
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that…
Prediction markets are shifting from one-off bets tied to major events into platforms driven by daily user engagement, according to a new report from…
In brief Apple CEO Tim Cook warned that Mac mini and Mac Studio could remain in short supply for “several months” after AI-driven demand…
Tricia S. Lindsay, attorney for plaintiff Sai Malena Jimenez-Fogarty, responded to two motions to dismiss by filing a pair of memoranda of law that…
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Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data…
The Strait of Hormuz is straight out of a storybook. Named for an ancient Persian god, the 24-mile-wide waterway flows between jagged cliffs, inlets…
As Mark Twain wrote, “History doesn’t repeat itself, but it often rhymes.” Lately, I’ve been hearing a recurring rhythm—and getting the blues—as the legislature…