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View More NewsGreat moments in unintended consequences—when something that sounds like a great idea goes horribly wrong. Watch the whole series. The year: 2010. The problem: Yosemite National Park’s popular Half Dome trail is crowded, and people are getting hurt! The solution: Institute a lottery system, cutting the number of hikers from 1,000 per day to just 250—reducing congestion on the trail to improve safety! Sounds like a great idea, with the best of intentions. What could possibly go wrong? Turns out: When permits become scarce, caution becomes optional. Getting a permit became so difficult that when lucky hikers finally got one, many…
The context: Building AI data centers remains a multi-year effort with labor emerging as a key execution challenge.Prager said the Kentucky facility is expected to come online beginning in 2028 and that TeraWulf has hired Fluor to help construct the project.He said securing skilled labor and contractors is a bigger challenge than equipment procurement as hyperscale AI facilities become increasingly specialized.Prager said proximity to reliable power remains the most important requirement for AI customers.Reading between the lines: TeraWulf says Bitcoin mining is no longer part of its long-term strategy.Prager said the company originally entered Bitcoin mining because it already owned…
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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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Latest NewsPublishedJul 13, 2026With the death of Senator Lindsey Graham and another senator hospitalized, Republicans’ current majority in the chamber has been reduced to…
In brief NSFW and romantic AI companion apps have generated $427.3 million in consumer spending worldwide, according to Appfigures Intelligence. The category includes 214…
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…
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…
Happy Tuesday, and welcome to another edition of Rent Free. This week’s lead story covers the release of the federal government’s latest homelessness survey,…
Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it had backed Ethena (ENA), buying the protocol’s token on the open market…
Crypto exchange Coinbase has invested in ProShares’ stablecoin-focused money market fund, betting that demand for stablecoin reserve-management products will grow as the recently enacted…
In brief Shares in Strategy (MSTR) closed down more than 9% on Tuesday, one day after selling Bitcoin for the first time since 2022.…