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View More NewsOn Monday, European Commission President Ursula von der Leyen signaled that a European Union–wide identity verification scheme for social media users may be coming soon. It would mark a massive advancement of the privacy-invading, speech-squelching, open-internet killing juggernaut that seems sadly unstoppable in the Western world. As per usual, the scheme is being billed by authorities as a common-sense way to protect children. “Social media is not a toy,” von der Leyen said in a July 12 statement. “While ultimately it is up to parents to decide when children get their first smartphones, what we already have is a consensus…
The figures contrast with BlackRock’s broader business, which posted record assets under management (AUM) of $15.3 trillion after attracting $192 billion in net inflows during the quarter. The company also beat Wall Street expectations with adjusted earnings per share of $13.91 on $7.08 billion in revenue.BLK shares traded 4.15% higher at £1,068 in pre-market trading Wednesday.BlackRock’s crypto targetBlackRock is targeting $500 million in annual revenue from the business under its 2030 plan, the firm said in its earnings call.This would represent an increase of more than tenfold, compared to the $40 million BlackRock currently generates in base fees and securities…
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Opinions & Debates
Four years ago, a colleague asked me whether I could chair a debate with some guy called ‘Gary Stevenson’, who was, apparently, an anti-inequality campaigner and a YouTube commentator of some description. I had never heard of Stevenson, but accepted. The debate went all right, even though it was mostly a case of talking past each other (which, given that I was the moderator, was probably my fault). It was otherwise not especially memorable. Britain does not exactly have a shortage of left-wing media figures and activists. In the first half of the 2010s, there was the campaign for a…
Latest News
Bitcoin BTC$64,772.76 consolidated following Monday’s selloff, trading at $62,600 after tumbling from $64,400 to $61,800 over the course of 24 hours.Ether (ETH) tracked the…
US-listed spot Bitcoin exchange-traded funds (ETFs) returned to outflows, reversing the previous week’s short-lived return to positive flows.Spot Bitcoin ETFs recorded $424.66 million in…
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Coinbase, among others, filled that gap in May 2025. Under x402, a server that wants payment answers a request with a 402 and a…
Cardano’s flagship Summit will not take place in 2026 after the Cardano Foundation’s treasury proposal narrowly failed to secure the supermajority needed for approval,…
Losses from exploits of crypto platforms fell to $68.3 million in May, down almost 90% from the $650 million lost in April, says crypto…
In brief Coinbase has launched direct Indian rupee deposit and withdrawal rails through India’s Immediate Payment Service. The exchange has established dedicated INR order…
In a special America 250 issue, Reason takes a look back at our country’s founding people and ideas. Read more here. Joanna Andreasson In…
June kicked off in the red for crypto markets as the U.S. and Iran exchanged fire and peace talks failed to translate into reduced…
Coinbase has enabled direct rupee bank rails in India, making it easier for local customers to move money between bank accounts and crypto markets…
In brief BChat is an open-source privacy-preserving decentralized messaging app. The app minimizes metadata collection and does not require a phone number to register.…
The first week of June may turn crypto’s 2025 policy wins into hard deadlines. Comment periods for the GENIUS Act’s stablecoin rules start closing…