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View More News“I thank my fellow candidates, in all their glory. Lord Buckethead, Elmo, and others. Forgive me if I don’t identify them all,” said then–Prime Minister Boris Johnson during his victory speech in 2019. On stage beside him stood a man with a bucket on his head and another dressed as the famed red puppet from Sesame Street. Since the 1960s, novelty candidates have been a common fixture of British politics. At the 2024 British general election, a record 4,515 candidates stood across the United Kingdom, an increase from 3,327 in 2019. Among them were space warriors, AI avatars, and furry…
NA My Cato Institute colleagues Scott Lincicome, Alfredo Carrillo Obregon, and Chad Smitson have a helpful post updating the situation on refunds for Trump’s illegally imposed IEEPA tariffs. In February, the IEEPA tariffs were invalidated by the Supreme Court, in a case I helped bring and litigate (along with the Liberty Justice Center, and others). But before that happened, the Trump administration collected some $166 billion in illegally collected tariffs. As Lincicome, Obregon, and Smitson (LOS) explain, there has been important progress getting refunds for the importers who were illegally forced to pay, but serious problems remain: Here’s where things…
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Every four years the world gathers to remind Americans that soccer is boring. The World Cup arrives, a billion people weep with joy, and everyone who wasn’t indoctrinated before the age of six sits there waiting for something…anything to happen. Then suddenly it almost does. Then just as quickly it doesn’t. Then it almost does again. This is the rhythm of the world’s most boring game.It’s “the beautiful game,” and for most of my adult life I’ve been patiently informed, usually by someone who calls it fútbol, that I simply lack the sophistication to appreciate it. But they’re wrong. Soccer…
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Strategy (MSTR) has not purchased any bitcoin since June 22, when it acquired just 520 BTC for approximately $35 million. Since then, the company…
Bitcoin (BTC) fell further into Monday’s Wall Street open as markets reacted to the US-Iran escalation.Key points:Bitcoin falls toward $62,000 as losses intensify on…
In brief BitMine added $49 million worth of Ethereum in the last week, bumping its total holdings to nearly 4.8% of the circulating token…
The report also noted a problem with permissionless chains: a confirmed transaction can, in theory, be reversed by a chain reorganization. That introduces a…
A U.K. House of Lords committee said the Bank of England (BOE) should reconsider its proposed limits on consumer stablecoin holdings in a new…
Top Democrats on three House and Senate committees called on the US Labor Department to halt its plans to allow digital assets and “alternative…
In brief The U.S. Treasury Department’s Office of Foreign Assets Control designated four Iranian cryptocurrency exchanges for sanctions violations. Nobitex, Iran’s largest digital asset…
from the age-gating-is-still-bad dept After public outrage, California lawmakers are moving closer to exempting open-source operating systems from the sweeping age-bracketing regime mandated by…
On Monday, in a New York Times op-ed, Sen. Bernie Sanders (I–Vt.) announced plans to introduce the American A.I. Sovereign Wealth Fund Act “in…
The U.S. Treasury Department blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, on Tuesday as part of its ongoing campaign against the…
Key takeaways:Bitcoin’s sharp 8% drop triggered $1.5 billion in forced liquidations, ending a tight two-month small-cap correlation.Worsening market sentiment was driven by $2.1 billion…
In brief Microsoft said its new MAI-Thinking-1 model outperformed Anthropic’s Claude Sonnet 4.6 in blind evaluations and matched Claude Opus 4.6 on a leading…