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View More NewsAmerican companies have not been able to buy Iranian oil directly since 1987, when President Ronald Reagan banned imports in retaliation for the Tanker War. Congress also banned indirect imports in 1996. But for the next two months, Americans may be putting Iranian oil in their cars, thanks to the ongoing peace negotiations. Under General License X, the U.S. Treasury has waived all sanctions on the “production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin” from June 22 through August 21. The U.S.-Iranian memorandum of understanding required Iran to stop impeding shipping in…
US President Donald Trump signed two executive orders on Monday to push to build a quantum computer and to focus on creating cryptography that can resist quantum attacks.The orders aim to take a “cohesive, whole-of-government approach” to accelerate the deployment and commercialization of quantum computing and “protect sensitive technologies and work with allies to ensure adversaries cannot use QIST [Quantum Information Science and Technology] to undermine national security.”The orders come as China ramps up its quantum computing ambitions following the announcement of its “Five-Year Plan” in March, which aims to expand investment in scalable quantum computers and the development of…
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One of David Hockney’s favourite stories concerned a ceramic owl made by Picasso. Standing before it in contemplation, he would point out that a stuffed owl contains infinitely more information than Picasso’s sculpture. A stuffed bird preserves the details of plumage, coloration, and anatomy with scientific accuracy, while Picasso’s owl has none of those things. But in Hockney’s view, the artist’s rendition possessed something the stuffed bird lacked—the experience of the human gaze.Hockney, who died last week at the age of 88, spent over seven decades making pictures. During that time he became one of the most recognisable artists in…
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Mining economics have deteriorated in 2026, the analysts noted, with bitcoin trading below its estimated production cost for five consecutive months. Citing CoinShares’ first-quarter…
Financial regulators in South Korea are pushing for broader reporting requirements on crypto transfers to further align with global Anti-Money Laundering standards for digital…
In brief BitMine added another $92 million in ETH a week after completing its preferred equity offering. The firm now holds more than 4.7%…
Latest developments: Digital credit products tied to Strategy’s bitcoin-backed ecosystem suffered steep declines last week before partially recovering.Strategy’s preferred stock funding vehicle STRC fell…
What she’s saying: Former 21Shares co-founder Ophelia Snyder argues that crypto and traditional finance are talking past each other when it comes to tokenization.Tokenization…
Global asset manager Franklin Templeton has completed its acquisition of crypto asset manager 250 Digital, closing a deal first announced in April and expanding…
In brief Strategy’s Stretch (STRC) may be volatile, but it’s far from the stablecoin that underpinned Terra’s ecosystem, according Benchmark-StoneX’s Mark Palmer. The Bitcoin-buying…
The Reporters Committee for Freedom of the Press today announced the recipients of the 2026 Freedom of the Press Awards, which recognize the accomplishments…
Against that backdrop, Ethlabs represents what supporters describe as a broader transition toward a “multi-node” development model, where independent organizations share responsibility for advancing…
Solana (SOL) captured 95% of all tokenized equity trading activity across blockchains last week, setting a new record with $1.29 billion in trading volume.…
In brief Google DeepMind researchers say disputes over AI consciousness could become a source of political and social conflict. The paper argues society may…
from the more-lazy-slop-from-slop-incorporated dept The Trump Organization still hasn’t shipped their promised Trump “made in America” phone to most of the customers who laid…