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View More NewsThe New York Times is once again suing the Pentagon over its press rules, this time challenging a policy implemented in March that requires reporters to be escorted by Defense Department officials. In a lawsuit filed Monday, The New York Times argues the rules are “patently retaliatory, utterly unreasonable, and manifestly arbitrary and capricious.” The lawsuit is the latest development in the fight over press access at the Pentagon during the second Trump administration. Last fall, the Defense Department asked members of the press corps to agree to a new policy or “lose access to press credentials and Pentagon workspaces,”…
In brief Tether has acquired SoftBank’s stake in Twenty One Capital (XXI), completely removing the Japanese tech giant from the venture. Shares that SoftBank purchased for nearly $1 billion last year were valued around $711 million on Wednesday. SoftBank’s departure forced the immediate resignation of its board designees, leaving XXI temporarily non-compliant with NYSE rules. Tether signaled on Wednesday that it is consolidating control over Twenty One Capital (XXI), a Bitcoin-buying firm co-founded by the stablecoin giant last year, by acquiring shares held by Japanese investment firm SoftBank—one of XXI’s biggest initial backers.The leading stablecoin issuer has purchased 89.1 million…
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Media outlets were ablaze. It was, in the judgement of Thomas Friedman, “the most significant encounter between American and Chinese leaders since Richard Nixon met Mao Zedong in Beijing in 1972,” while the BBC declared that it could “set superpower relations for many years to come.” We must hope that these predictions fail. There were plenty of issues on the agenda at last week’s US-China summit, but the one that ended up dominating headlines cannot be allowed to establish a precedent. “I’m not looking to have [Taiwan] go independent,” said Donald Trump immediately after the meeting. “Taiwan would be very…
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Market analysts say Bitcoin (BTC) is showing “momentum exhaustion” after its 8% drop from multi-month highs above $82,000, with bulls expected to defend key…
In brief U.S. President Donald J. Trump signed an executive order Tuesday directing federal financial regulators to review and update rules for integrating digital…
Your day-ahead look for May 20, 2026 Read the full article here
OpenAI is opening its first applied AI lab outside the US in Singapore through a multiyear partnership with the Ministry of Digital Development and…
The bank said ether and the broader altcoin market continue to trail bitcoin as weak network activity, sluggish DeFi growth and limited real-world adoption…
AI-powered crypto trading assistant Bankr said it disabled transactions after identifying an attacker who gained access to at least 14 wallets, with users reporting…
Crypto markets have turned lower in morning U.S. trade on Tuesday as the idea of coming rate hikes takes a toll on risk assets.…
Asset manager Yorkville America has requested to withdraw multiple crypto exchange-traded funds applications filed on behalf of the Donald Trump-backed Truth Social after changing…
from the buh-bye dept Senator Bill Cassidy just lost his campaign for reelection to his Senate seat in Louisiana. With that, his career in…
Crypto firms are pausing long-awaited IPO plans as weak trading volumes and macro pressures weigh on valuations despite boom in AI-linked tech listings. Read…
A European regulator has partially suspended the operating license of the company behind troubled crypto exchange Zondacrypto.The Financial Intelligence Unit (FIU) of Estonia partially…
21Shares says strong early flows into its new Hyperliquid ETF reflect growing investor demand for around-the-clock access to crypto and traditional assets. Read the…