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View More NewsUSDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank (FNDCB), a national trust bank that will operate under the name Circle National Trust.“OCC approval to establish Circle National Trust marks a defining step in bringing blockchain technology and digital assets into the core of the US financial system,” Circle CEO Jeremy Allaire said.The approval comes after Circle applied for the charter in June 2025, allowing it to establish a federally regulated trust institution and expand its digital asset custody infrastructure.Circle’s…
In brief The Federal Reserve named Xbox CEO Asha Sharma to a task force studying AI’s impact on jobs and productivity. Sharma joins Marc Andreessen and Stanford economist Charles I. Jones on the Productivity and Jobs group. The appointment follows Xbox’s announcement that it will cut 3,200 roles as part of a major restructuring. Days after announcing the largest restructuring in Xbox history, CEO Asha Sharma has joined a Federal Reserve task force examining how artificial intelligence and other emerging technologies could reshape jobs, productivity, and the broader economy.On Thursday, the Federal Reserve said that Sharma will serve on its…
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A review of Love and Terror: The Helter-Skelter History of the Manson Murders by Claudia Verhoeven; 384 pages; Verso (May 2026)Although the True Crime genre of publishing and documentary television is replete with accounts of murderous spouses, serial killers, Mafia wars, and financial scams, rarely do the subjects transcend the headline immediacy of police procedurals to deliver the long-term import of critical analysis. The Victorian predator Jack the Ripper and the Depression-era exploits of Bonnie and Clyde are two such exceptions; a third is the countercultural carnage wrought by the Manson family. As such, Claudia Verhoeven’s new book Love and Terror: The Helter-Skelter History…
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This post is part 2 in a series about automated content moderation. Read the first post here. When whistleblower Frances Haugen leaked a set…
A group of crypto and Web3 firms that includes OKX, MetaMask, Matter Labs and Genlayer have formed the “Internet Court” to reach dispute resolutions…
United States prosecutors have charged a man serving a federal prison sentence over the alleged removal and laundering of about $290,000 in crypto assets…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
In brief House Republicans unveiled seven crypto tax bills set to be discussed at a Tuesday Ways and Means Committee hearing. The proposals would…
from the acceptable-collateral-damage,-I-assume dept ICE never needed officers to disguise themselves with masks and strip themselves of identification before Trump took office for the…
A judge on Friday struck down one of the Trump administration’s attempts to hamstring legal immigration, ruling that U.S. Citizenship and Immigration Services (USCIS)…
Bitcoin BTC$61,366.60 tumbled below $60,000 on Friday, breaking the lows of the early February crypto crash and reaching its weakest level since October 2024.The…
The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on…
In brief Anthropic has reportedly embedded roughly half a dozen engineers at the NSA to deploy its Mythos AI model for offensive cyber operations—potentially…
The country has gone without a Senate-confirmed surgeon general for more than a year, yet the office continues producing pronouncements. On May 20, the…
Latest developments: Sen. Angela Alsobrooks said she will not support the Clarity Act on the Senate floor unless negotiators reach agreement on ethics provisions…