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View More NewsYou have probably heard the news: The Democratic primary elections in New York City went very well for the Democratic Socialists of America (DSA). Mayor Zohran Mamdani, a democratic socialist, leveraged his popularity and star power to propel three of his best friends to victory over more establishment figures, two of them incumbents. The winners are all but guaranteed to advance to Congress: Brad Ladner—whose ouster of incumbent Rep. Daniel Goldman (D–N.Y.) was a proxy battle over the Israel issue—Claire Valdez, and Darializa Avila Chevalier. Avila Chevalier, the most overtly radical of the three, is an interesting figure because she…
This trend is becoming even more relevant as real-world assets enter the digital landscape. Stablecoins have already demonstrated the power of blockchain-based representations of traditional value, becoming the most successful digital asset use case to date. Tokenized deposits, bonds, funds, and other real-world assets are poised to follow, expanding the range of opportunities available to businesses and individuals worldwide.For the end user, however, the underlying asset may become increasingly irrelevant. Most people are unlikely to care about the blockchain protocol, token standard, or settlement mechanism powering a transaction. What matters is accessibility, speed, security, and trust. Users want to access…
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The latest and most fearsome round of fighting in the long shadow war with the Islamic Republic of Iran is not ending well for the United States and Israel. The ceasefire agreement signed by President Trump in Versailles on 17 June is not a full peace treaty, but Iran’s leaders have nonetheless greeted it as an unalloyed triumph. They had, they boasted, “through the imposition of their divine and iron will upon the humiliated American and Zionist enemies, demonstrated with strength that the enemy has no path other than accepting defeat and surrender.”Though salient details of the “memorandum of understanding”…
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SecondFi, the Cardano wallet formerly known as Yoroi, says it has patched a major exploit that drained roughly 16 million ADA, worth approximately $2.4…
Stablecore, a digital asset infrastructure provider for financial institutions, has launched an early-access program for US credit unions, a move aimed at helping smaller…
In brief OpenAI and Broadcom unveiled Jalapeño, the AI giant’s first custom inference chip. OpenAI says the accelerator was built specifically for large language…
The Ethereum Foundation’s (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a…
The next crypto user may start outside exchangesFor most of crypto’s history, new users followed a fairly standard path. They signed up on an…
In brief The Federal Reserve proposed new rules requiring U.S. crypto firms to verify stablecoin users. Former Fed Chair Jerome Powell backed the proposal.…
Today the Supreme Court decided T.M. v. University of Maryland Medical System Corp., a case concerning the application of the Rooker-Feldman doctrine, under which federal…
World Refugee Day draws attention to journalists who have been forced to flee their home countries due to threats, conflict, or repression. While exile…
The UK Anti-SLAPP Coalition, which is co-chaired by Index on Censorship, had a significant campaign success this week when coordinated Bills were introduced in…
Google, for example, has warned organizations to begin preparing for the transition to post-quantum cryptography and has been integrating quantum-safe cryptographic standards into parts…
A viral social media post is reviving an alleged Bitcoin prediction that appears to have called several major BTC price levels from 2019 through…