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View More NewsThe combined market capitalization of major stablecoins fell from roughly $166 billion in March 2022 to $122 billion by September 2023, RWA.xyz data shows — a decline of over 26% as investors pulled money from the digital asset market.Tether’s USDT fell from $78 billion to $65 billion between March and November 2022. For USDC, the downtrend took much longer to play out, falling from $55 billion in July 2022 to below $24 billion by November 2023, exacerbated by its banking partner Silicon Valley Bank’s collapse in 2023 March.The implosion of TerraUSD, the algorithmic stablecoin of the Terra-Luna crypto project, also…
On Friday, The New York Times reported that several of its journalists had received subpoenas seeking their testimony before a grand jury in Manhattan, issued by the U.S. Attorney for the Southern District of New York, Jay Clayton. The journalists who received the subpoenas include four who reported last week that President Donald Trump had departed from Turkey on an older Air Force One with more advanced security features than a recently donated Qatari plane. The Justice Department maintains a policy requiring, among other things, that the attorney general approve investigative steps directed at journalists and that prosecutors pursue non-media…
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Claire Lehmann sits down with Parnell Palme McGuinness—columnist for the Sydney Morning Herald and The Age, and senior research fellow at the Centre for Independent Studies—to unpack her landmark report, Generation Trapped, on the collapsing life satisfaction of Australians aged 18–34.Parnell identifies six distinct “tribes” among young Australians—from disillusioned Progressive Identitarians to optimistic Strivers—and explains why a sense of control, not income, is the strongest predictor of happiness. The conversation ranges across why women are swinging toward One Nation, the East-West divide still shaping German politics, the missing men in the marriage debate, the manosphere and the collapse of dating…
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USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish…
from the truth-and-fiction-and-ai dept This story was originally published by ProPublica. Republished under a CC BY-NC-ND 3.0 license. Last month, my colleagues and I published an investigation into a Texas…
The crypto industry has spent years convincing Washington that it deserves a seat at the table. Now, as Congress inches toward passing the CLARITY…
A recent records request revealed that a Canadian government department is working up a potential new federal strategy on misinformation. But the section explaining what…
The Enhanced Games, in which elite athletes were allowed under medical supervision to use various pills and injections to boost their performance, took place…
A week ago, CoinDesk informed readers of the renewed rotation of funds into dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins…
TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools…
In brief Bitcoin dropped nearly 6% today to $67,287—its lowest level since April—as macro fear and institutional selling hit in the same session. U.S.…
Prof. Bradypus Tridactylus. Credit: Marshall, Annales du Muséum national d’histoire naturelle, via Wikipedia. From a draft by Stanford law professor Julian Nyarko and others:…
Latest developments: Vaynerchuk said businesses should approach AI with curiosity rather than fear as the technology reshapes industries.He compared the current AI moment to…
While residents of California, Iowa, Montana, New Jersey, New Mexico and South Dakota are voting today in Democratic and Republican Congressional primaries, the cryptocurrency…
In brief Cardsmiths and America250 launched Currency Series 6, a 120+ card collection honoring the U.S. 250th anniversary. Highlights include limited packaging serial-numbered to…