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View More NewsOpenAI’s “New Deal” for the AI age is full of old—and failed—ideas. On Monday, OpenAI published Industrial Policy for the Intelligence Age: Ideas to Keep People First. The 13-page white paper presents the frontier developer’s economic and regulatory prescriptions for a world with superintelligent AI. Starting with the positives, the paper rightly recognizes that bundling fringe benefits—health insurance and retirement plans—with employers harms workers by limiting labor market mobility. To ameliorate the problems of employer-sponsored benefits, OpenAI recommends creating “portable benefit platforms that pool contributions from multiple sources and route them into standardized accounts attached to the individual, not the…
Alchemy, a cryptocurrency infrastructure provider used by many blockchains and firms in the space, has released a new tool, AgentPay , that lets different AI payment systems, from companies like Coinbase, Stripe, Visa, Mastercard, and Circle, work together.The new tool addresses the problem that agentic payment systems currently coming online aren’t “interoperable”, or in other words, don’t talk to one another, meaning a merchant that wants AI agents as customers has to build a separate integration for every protocol.“That’s not sustainable, and it’s only going to get more fragmented as more systems launch,” said Alchemy CTO Guillaume Poncin in an…
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This week, we’re going to be talking about Israel—which is sometimes a subject I try to avoid—not because I don’t have opinions about the topic. I do. But because it’s one of those subjects on which debate and discussion often seems both divisive and futile.As some of you know, in a previous life, I was an opinion writer and reporter for the National Post newspaper here in Canada. I often travelled to Israel and wrote about that country, typically from what most would call a Zionist perspective.But for all the dozen of articles I wrote on the subject, I’m not…
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A Nobel Prize–winning physicist who helped build Google’s quantum computers warned that Bitcoin BTC$71,285.40 may be among the earliest real-world targets of the technology.In…
Some past enforcement actions against cryptocurrency companies lacked clear investor benefit and misinterpreted federal securities laws, the US Securities and Exchange Commission (SEC) said…
In brief A Bitcoin whale moved 300 BTC worth more than $20 million to Binance Tuesday. The transfer could represent a $15 million loss…
Free speech advocates have long warned that the laws and regulations passed at the state, federal, and international level are chipping away at our…
The US Securities and Exchange Commission’s former top enforcement official reportedly clashed with the regulator’s top brass before resigning last week, with part of…
I WANT FREE MINDS AND FREE MARKETS! Help Reason push back with more of the fact-based reporting we do best. Your support means more…
Bitcoin’s mining concentration problem just showed up on the blockchain itself, triggering a small “reorg.”At the center of the story is Foundry USA, the…
TRON DAO has scaled up its artificial intelligence fund by a factor of ten, from $100 million to $1 billion, targeting investments in and…
In brief Balancer Labs is winding down after a $128 million exploit left the company facing legal exposure and no sustainable revenue. The protocol…
Although drivers stuck in I-95’s infamous traffic might not know it, Virginia actually has the best highways in the country. That’s according to the…
Monday’s ceasefire trade lasted about 18 hours.Bitcoin climbed 3.1% to $70,352 on Tuesday morning, recovering from the weekend’s slide below $68,000, with ether (ETH),…
Shares in NovaBay Pharmaceuticals jumped nearly 19% after the company announced it would change its name to Stablecoin Development Corporation as part of its…