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View More NewsResearch from the National Cryptocurrency Association (NCA), an organization backed by Ripple Labs, broke down the economic impact of the entire crypto industry on the United States, estimating that salaries, worker spending and output will have contributed $55 billion this year.According to a report released Wednesday by the Pragmatic Policy Group on behalf of the NCA, the total economic contribution was based on direct, indirect and induced employment. Of the sectors to benefit from crypto’s economic contributions, the NCA said that investments in securities and commodity contracts were among the highest at $9.7 billion, while housing and real estate were…
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In this episode of Quillette Cetera, Zoe Sankey speaks with Rachel Moiselle, a doctoral student in linguistics at Trinity College Dublin who has become one of the most visible voices against antisemitism in Irish public life. Of paternal Jewish heritage and raised Catholic, Moiselle began speaking out after October 7th and found herself, almost overnight, both a target and a lightning rod. She and Zoe discuss why a country with fewer than 3,000 Jews devotes so much of its political and media energy to Israel, how anti-Zionism has taken on the fervour of a replacement faith in post-Catholic Ireland, and…
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Bitcoin (BTC) fell below $65,000 on Thursday as US stocks slid amid another round of escalation in Iran.Key points:Several days of US-Iran escalation are…
In brief Goldman Sachs CEO David Solomon told Politico he is “very supportive of moving the Clarity Act forward.” His stance breaks with much…
The announcement comes as stablecoins move further into mainstream finance following the passage of the GENIUS Act. Wall Street firms and banks are expanding…
The closure of crypto derivatives exchange BitMEX is prompting fresh questions about whether the industry is entering a new phase of consolidation, as analysts…
Stablecoin giant Tether’s U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals.According to…
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies…
In brief Anthropic raised $65 billion in a Series H funding round, valuing the AI company at $965 billion. The company said annualized revenue…
from the corruption-kills dept There are two major reasons that the U.S. doesn’t pass an internet-era privacy law or regulate data brokers despite a parade…
California’s onerous and easily exploitable environmental review law is being pushed to new levels of absurdity by unionized state workers who are threatening to…
Crypto trading firm FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission (SEC), the initial step toward a…
Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the…
In brief Researchers at Shanghai Jiao Tong University and Tencent developed ProAct, an AI agent designed to predict likely user needs before users ask.…