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View More NewsStablecoins, the name given to cryptocurrencies pegged to the price of a stable asset such as the US dollar or gold, have outgrown their label as they become part of the global financial system, said Robert Hackett, head of special projects at a16z crypto. Hackett said in a report on Friday that the term “stablecoins” was coined in crypto’s early years, when wild volatility defined the space and the tokens were created to maintain stable value and encourage their use for everyday financial activity.“The name was straightforward, if slightly defensive: not a volatile coin, but a stable one. It described the…
More than three months after the FBI took the unprecedented step of raiding a Washington Post reporter’s home in connection with a national security leak investigation, journalists say the search has had serious consequences — for reporters and their sources, and for the public that relies on them to hold the government accountable. The Jan. 14 raid on the home of reporter Hannah Natanson sent a shockwave through the journalism industry. In its immediate aftermath, journalists expressed alarm that federal agents not only searched Natanson’s home but also seized the reporter’s phone, laptops, and other electronic devices, capturing years of…
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In April 2020, I published an essay in these pages investigating attempts to boost minority (specifically black) enrolment in America’s medical schools. These attempts consisted mostly of subtle bookkeeping gimmickry that under-counted grade point averages and Medical College Admission Test (MCAT) scores while giving greater weight to “non-cognitive skills.” A month after that essay appeared, in Minneapolis, a white cop knelt on a black man’s neck for nine minutes and sparked one of the greatest moral panics in modern American history.Declining Med School Standards in a Time of PandemicThe language of the social justice Left began appearing in diversity statements…
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Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.)…
This Sunday is World Press Freedom Day. Like International Women’s Day, every day should really be World Press Freedom Day. Journalists are powerful watchdogs…
The $292 million exploit of Kelp DAO and the subsequent fallout across crypto lending markets hit decentralized finance (DeFi) at a pivotal moment.Just as…
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that…
In brief Polymarket has reportedly approached the CFTC to lift the four-year ban on its main on-chain exchange. The agency’s only sitting commissioner, Chair…
Former Fauci aide charged. Yesterday, the U.S. Department of Justice (DOJ) announced that they’d charged David Morens, a former adviser to Anthony Fauci, with…
NEW YORK — When Morgan Stanley and JPMorgan show up at a crypto conference not just as speakers but also as sponsors, something has…
Andre Cronje says much of decentralized finance is “no longer DeFi” in the strict sense, as builders debate whether circuit breakers and other emergency…
In brief Bitcoin’s recovery rally is capped between $80,400 to $82,000 due to a confluence of massive sell orders, CME gap, and key technical…
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…
Washington, D.C., April 28, 2026 — The Committee to Protect Journalists is appalled by the ten-year prison sentence handed down to Bahraini photographer Sayed…
Decentralized finance (DeFi) was “bent, not broken” after a $292 million exploit on April 18 exposed systemic risks, according to investment bank Standard Chartered.The…