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View More NewsXi Jinping purges a million officials a year. China’s president finds corruption wherever he looks for it, like a Grand Inquisitor rooting out heresy. Lately, his fury has turned to members of the military command, and on 24 January, the great purge finally reached its zenith—a moment described by Dennis Wilder, former China analyst at the CIA, as “the most stunning development in Chinese politics since the early days of Xi’s rise to power.”As vice-chairman of the Central Military Commission, which heads the armed forces of the Chinese Communist Party (not of China, which has no army), Zhang Youxia was…
Circle (CRCL), the stablecoin issuer behind USDC, got a second upgrade by Wall Street analysts in a week, and this time by its biggest bear. Compass Point’s Ed Engel, who had a sell rating and the lowest price target among analysts, has upgraded the stock to Neutral just a day after Mizuho’s Dan Dolev revised his bearish outlook.However, Engel’s kept his price target the lowest among Wall Street analysts covering the stock, despite the upgrade. His new price target is $60, down from $75 due to premium valuation (more on that later). The stock fell 7.3% during regular trading hours…
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It has now been a month since Australia’s under‑16 social media ban—officially known as the Online Safety Amendment (Social Media Minimum Age) Act 2024—came into effect.I originally wrote this piece before the ban commenced on 10 December 2025, setting out my predictions for how it would play out. But after three weeks in Europe, I’m now back in Australia witnessing it firsthand. While I was broadly correct about the trade-offs that a blanket ban would involve, what I didn’t anticipate is how those trade-offs would manifest in the first month.The law puts the onus on social media companies to ensure…
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Tokenization firm Securitize has filed a public registration statement with the SEC, moving forward with plans to go public through a merger with Cantor…
Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion.The extension…
In brief Altcoins are sliding hard with Bitcoin plunging below $84,000 on Thursday. Top tokens like XRP and DOGE reached lows not seen since…
History never repeats exactly the same, which is how it can be hard to recognize when it is indeed repeating—too many little things may…
Groups including the ACLU and the Sierra Club are backing Oak Park, Illinois, as it defends in federal court its ban on natural gas…
The Committee to Protect Journalists has written to Bangladesh’s major political parties ahead of a national election scheduled for February 12, calling for urgent…
For bitcoin BTC$88,126.87 bulls, it feels like one setback after another. First precious metals like gold and silver surged to record highs, sucking capital…
Hang Seng Investment Management has rolled out a new physically backed gold exchange-traded fund (ETF) in Hong Kong, with an option for future tokenized…
In brief Representative Logan Manhart submitted a bill to introduce Bitcoin holdings into the state’s investment funds this week. Manhart’s move comes nearly a…
In Apperson v. Kaminsky, decided Friday by the Missouri Supreme Court (opinion by Justice Paul Wilson, Apperson sued his ex-romantic partners Kaminsky and Norman…
XRP’s XRP$1.8865 price has fallen about 4% this month, starting the new year on a negative note. Yet on-chain data shows a positive trend…
Abu Dhabi–based Universal Digital has launched USDU, the first US dollar‑backed stablecoin to be registered by the Central Bank of the United Arab Emirates…