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View More Newsfrom the you-got-boondoggle-in-my-boondoggle dept Last fall, Ezra Klein was getting a lot of attention for his book Abundance, which basically argued that American had become bureaucracy-obsessed and fallen out of love with building things. I thought it was mostly simplistic cack, downplaying or ignoring the fact that the U.S. government has become so blisteringly corrupt, it clearly no longer functions in the public interest. As a longtime telecom beat reporter I was particularly struck by Klein’s chapter on broadband, which mostly seemed to amplify Republican attacks. One of Klein’s biggest targets was the infrastructure bill and Broadband, Equity, Deployment, and…
Taiwanese lawmakers on Tuesday passed a law to establish a regulatory framework for crypto, which includes licensing and rules for stablecoins.The country’s financial watchdog, the Financial Supervisory Commission (FSC), said that the Legislative Yuan passed the law requiring all virtual asset service providers, or VASPs, to get approval from the regulator to operate.The law also says stablecoins issued in the country must get approval from the central bank and the FSC, and issuers must maintain sufficient reserves with a trustee and undergo regular audits.The law is the first to regulate crypto and stablecoins in Taiwan, bringing it in line with…
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Mayor Sadiq Khan of London, England, plans to spend £7 million ($9.3 million) on an international campaign to fight what he says are online lies about the city. A recent report found that posts on social media claiming London is…
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A review of Communion: Finding My Way Back to Faith by JD Vance; 288 pages; HarperCollins: New York (June 2026)The novelist Evelyn Waugh was once asked how he reconciled his lousy personal behaviour—which included drunkenness, antisemitism, and cruelty to friends and foes alike—with his Catholic faith. No one could imagine, Waugh replied, how vile he would have been were he not a Catholic. That retort came to mind as I read US vice president JD Vance’s new book, Communion, about his conversion to Catholicism. Since joining the Church of Rome in 2019, Vance has not exactly been a paragon of virtue. Once…
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Key takeaways:The Spot Ether ETF outflows overwhelmed BitMine’s ETH accumulation, raising the chance of a drop below the $1,500 support.Falling DApps revenue and weak…
In brief A Michigan judge barred Kalshi from offering sports prediction markets in the state for 14 days. The court said the markets could…
The same section also noted Trump holding up to $250,000 in USD, up to $15,000 in the USDC stablecoin, more than $50 million in…
Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over…
from the flock-aspires-to-be-the-birds-in-‘The-Birds’ dept Cops are human beings. Despite constantly pretending they’re on a higher plane (see also: Thin Blue Line, etc.), they’re just…
I’ve been giving a lot of thought to the Ten Commandments case that should be appealed to the Supreme Court this summer. Very few…
Much of the activity has occurred on offshore exchanges, including fast-growing platforms such as Hyperliquid, which has attracted professional traders seeking deep liquidity and…
Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging.Key points:Bitcoin adds to gains as US-Iran…
In brief Canada’s Prime Minister Mark Carney warned that a U.S. order on Anthropic shows the risk of leaning on only a few AI…
Is the Trump administration just hellbent on thwarting Anthropic now? Citing “national security” concerns, it has effectively killed public access to Anthropic’s latest artificial…
Standard Chartered’s head of digital assets research Geoffrey Kendrick says bitcoin BTC$67,135.99 may have already put in its low for the current market cycle,…
