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View More NewsA Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency during fiscal 2026.According to Nikkei, the Nationwide Business Corporate Pension Fund, based in Okayama, will invest in a passive fund managed by a major hedge fund that holds multiple crypto assets. The pension fund reportedly manages about 21.3 billion yen in assets, or about $130 million. Japanese crypto news site CoinPost reported that the fund is adding crypto as part of an effort to diversify its exposure. The fund reportedly allocates 80% of its assets to yen, 15% to…
In United States v. Hemani, the U.S. Supreme Court yesterday held that the federal government could not prosecute Ali Hemani under 18 U.S.C. § 922(g)(3)’s “unlawful user” provision solely because he used marijuana a few times a week while owning a firearm at home. Ilya Somin and Stephen Halbrook wrote about the decision yesterday. In this post, coauthored with Wyoming law professor George Mocsary, I’d like to provide some additional perspective. The Hemani decision is personally important to the many millions of Americans who use marijuana and who also possess firearms, while being careful never to mix the two. The…
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What does it mean for a civilisation to turn against itself? In this episode, Quillette’s Zoe Sankey speaks with philosopher and author Benedict Beckeld — whose 2019 Quillette essay on oikophobia remains one of our site’s most popular pieces — about the recurring historical phenomenon he has spent his career documenting: the tendency of successful Western societies to denigrate their own culture, institutions, and inheritance.Oikophobia — Our Western Self-Hatred | Benedict Beckeld | QuilletteThe simplest way of defining oikophobia is as the opposite extreme of xenophobia.Drawing on his book Oikophobia: Our Western Self-Hatred, published by Cornell University Press, Beckeld traces…
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In brief Strive CEO Matt Cole called Thursday’s preferred equity performance the “most difficult day ever” for digital credit products. Strive’s SATA and Strategy’s…
As part of President Donald Trump’s plan to deport every single undocumented immigrant—and perhaps tens of millions of citizens and legal residents—the Department of…
A stress test that showed both strengths and weaknessesWhen large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance,…
In brief Kaspersky found malicious Wallpaper Engine downloads on Steam Workshop with thousands of installs. The malware stole Steam credentials, hijacked active sessions, and…
With only about 20% of the $10.6 billion in open interest sitting in-the-money (ITM) and the remaining 80% out-of-the-money (OTM), the market has a…
Bitcoin (BTC) showed signs of bottoming inside the $60,000–$70,000 range on Wednesday, according to onchain data shared by a quant analyst. Key takeaways:Nearly 20%…
When the state is so big and intrusive that people need its permission to do everything from building a house to merging businesses, it’s…
Bitcoin BTC$64,558.20 is facing selling pressure ahead of today’s Federal Open Market Committee (FOMC) interest-rate decision at the first meeting under new Fed Chair…
China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary…
In brief UNI climbed double digits over the past 24 hours, outpacing Bitcoin and Ethereum. The rally followed a Standard Chartered note projecting a…
Ben Keener and I have posted a new paper on the original meaning of the Citizenship Clause of the Fourteenth Amendment. This one provides…
Bitcoin is trading flat while the rest of the crypto market showing signs of a capital rotation.The largest token traded around $65,800 on Wednesday,…