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View More NewsHello and welcome to another edition of Free Agent! Keep your hands off each other this week, or VAR may kill all your hopes and dreams. Your humble newsletter writer is on his way home from a World Cup road trip as we speak, so today’s newsletter talks about that experience. Then I borrow from a book excerpt that Reason just published about the history of sports betting. I think you’ll like it! The last section has my latest podcast appearance. Don’t miss sports coverage from Jason Russell and Reason. After months of planning, hours of driving, and thousands of…
A federal judge in New York entered a $5.5 million default judgment against NanoBit Limited and five related defendants over an alleged relationship-investment scam built on a fake crypto trading platform.The U.S. District Court for the Eastern District of New York ordered $5,518,902 in combined disgorgement, prejudgment interest, and civil penalties on June 16, the U.S. Securities and Exchange Commission (SEC) announced.The agency alleged that from September 2023 to June 2024, scheme participants posed as financial-industry professionals in WhatsApp groups, built trust with investors, and then directed them to deposit funds into NanoBit.Although users’ dashboards displayed what appeared to be…
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On 6 June, a play that has been decried as too “toxic” and “problematic” for the age of #MeToo ended an acclaimed, sold-out run at London’s National Theatre. A filmed version of the production also began screening in cinemas across the United Kingdom, the United States, Australia, and other countries from 25 June. The play is Christopher Hampton’s Les Liaisons Dangereuses, the (now-updated) 1985 adaptation of Pierre-Ambroise Choderlos de Laclos’s eponymous 1782 novel.The book has also been denounced plenty of times since it first appeared—back then, it was described with words like “execrable” or “infamous.” Its authorship reportedly got Laclos,…
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Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined the Russell index tracking…
from the nice-try-fascist dept It’s no secret that Donald Trump has been waging an Orwellian war on knowledge and information for most of his…
Bitmine Immersion Technologies (BMNR), the largest Ethereum treasury company, bought 27,084 ether (ETH) last week, extending its accumulation streak despite another slide in crypto…
The US Securities and Exchange Commission has won its fraud suit against crypto platform NanoBit Limited, nearly two years after the agency accused it…
Nobody will ever accuse President Donald Trump of being a linguist. But in a recent prescient moment, the oft-rambling, mercurial commander in chief stumbled…
Wall Street’s largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars…
Bitcoin (BTC) dropped back to $66,000 after Tuesday’s Wall Street open as stocks locked in fresh gains.Key points:Bitcoin cools its rebound, even as stock…
In brief A new IMF report has highlighted the “striking” scale of stablecoin adoption in Nigeria. The IMF warned that adoption sharpens risks including…
Docusign diplomacy: A digital preliminary memorandum of understanding between the U.S. and Iran has been signed, leading to an opening of the Strait of…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading…
Bitcoin (BTC) risked wiping out its Iran truce gains and returning toward the $60,000 psychological support as the Bank of Japan (BoJ) raised its…
In brief Cumulative HYPE ETF inflows hit nearly $172 million in roughly a month, with Bitwise’s BHYP leading at $106.6 million. Hyperliquid’s HIP-3 saw…