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View More NewsIn brief Strive bought 1,375 BTC for about $109 million between Aug. 31 and Sept. 4 at an average price of $79,281 per coin, according to CEO Matt Cole, lifting its total stack to 24,531 BTC. Cole said 70% of the capital raised last week came from SATA, Strive’s preferred stock, which now has $999 million in notional value outstanding. Chief Risk Officer Jeff Walton said it’s Strive’s third straight week of 5%-plus Bitcoin growth, with holdings up 21.1% over the past three weeks. Strive bought another 1,375 Bitcoin last week, paying $109 million and pushing the fundraising machine behind…
In brief An NYPD counterterrorism memo told officers to inspect all eyewear permitted into inmate cells. Maine’s fusion center warned that facial recognition in smart glasses could be used to dox officers. ICE has barred its own staff from wearing the glasses in federal workspaces. Police forces across the U.S. are warning each other that Meta’s camera-equipped glasses are being used to record inside jails and police facilities, according to a dozen previously unreported memos obtained under freedom of information and reported by the Guardian.The New York Police Department’s counterterrorism bureau, which works with the FBI, circulated the first of…
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Hello and welcome to another edition of Free Agent! It’s a great week to do something old-fashioned. Many thanks to my colleague Eric Boehm for doing a great job with the newsletter last week while I was on vacation. This…
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What follows is an excerpt from Advocacy in Literary Studies, a report published earlier this month under the auspices of the Vanderbilt–WashU Commission on the State of Scholarship in the Humanities and Humanistic Social Sciences. Its Report on the State of Scholarship in the Humanities and the Humanistic Social Sciences was published in April and excerpted in Quillette.Mathematicians and physicists typically do not instruct students in the history of their disciplines. What is old is outdated. That is not true of great literature. As nineteenth-century British essayist William Hazlitt pointed out in his essay Why the Arts Are Not Progressive?,…
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South Korea’s budget office warned that stablecoin adoption could reduce banks’ roles as credit intermediaries and potentially destabilize token pegs during mass redemptions. Read…
Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Read the…
In brief A Katowice court approved pretrial detention for Roman Ż., charged with computer fraud and organized crime membership. Three others were held in…
Bitcoin, gold and technology stocks fall as the yen rallies, while oil prices and government bond yields climb globally. Read the full article here
When I arrived at last week’s AI Psychosis Summit in New York City, I found no group therapy sessions or zen gardens, only a…
Anthropic just made Elon Musk’s SpaceX a key supplier to its AI ambitions, and the timing is hard to miss.The Claude maker said Wednesday…
Key points:Bitcoin is expected to face selling at $84,000, but a shallow pullback increases the likelihood of an upside breakout.Several major altcoins are showing…
In brief Crypto exchange OKX announced plans for perpetual futures tied to OpenAI, SpaceX, and Anthropic valuations. The derivatives contracts will track secondary market…
from the subtracting-votes-by-adding-confusion dept It may be almost impossible to devolve this country into a nation of slaveholders, but the Trump administration and all…
Senate Republicans have unveiled their plan to fund immigration enforcement and President Donald Trump’s ballroom, and the proposal might take fiscal irresponsibility to a…
Nine months ago, Congress passed the GENIUS Act, establishing the first federal regulatory framework for payment stablecoins. The results have been demonstrative: the stablecoin…
Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise…
