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View More Newsfrom the how-dare-anyone-expect-the-doj-to-follow-the-law dept Just last week we had the story of the Trump DOJ issuing very questionable subpoenas of NY Times journalists while trying to track down who leaked information to those reporters regarding the potentially catastrophic security flaws of the “gift” 747 plane he received from Qatar. As we noted in that original post, this appeared to be a wholly abusive use of the government’s subpoena powers, and well outside the norm. On Thursday, the DOJ agreed to withdraw those subpoenas, but only after a long court hearing in which the DOJ thoroughly embarrassed itself in front of…
Crypto markets showed renewed signs of life this week as institutional investors fueled the longest streak of inflows into US spot Bitcoin exchange-traded funds (ETFs) since April and crypto-linked stocks rallied on optimism over US regulation. But the more intriguing story may be unfolding outside crypto: AI’s grip on speculative capital is beginning to loosen.After dominating markets for nearly two years, the AI trade is becoming more selective as investors distinguish between companies with sustainable earnings and those riding the hype cycle. The Philadelphia Semiconductor Index, or SOX, recently slipped into a technical bear market after falling 20% from its…
AI & Crypto
Read MorePolitics
The union for Transportation Security Administration (TSA) employees is worried about the agency’s turn toward privatization. Earlier this week, the American Federation of Government Employees (AFGE)—which represents 47,000 Transportation Security Officers at 400 airports across the country—issued a press release…
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Three thousand years ago, Homer gave us the face that launched a thousand ships. This weekend, Christopher Nolan gave us the film that launched a million grifts, and he buried them.His Odyssey opened to $124 million domestically and a whopping $264 million worldwide. The haul does not prove the film is good. It does prove that the seven-month social-media campaign against it face-planted the moment real people bought tickets.Their indictment ran on three charges. Nolan cast Lupita Nyong’o, a black actress, as Helen of Troy, the legendary beauty of the ancient world. Elliot Page, the transgender star, was said to…
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Bitcoin (BTC) fell more than 1.6% on Friday as its latest price correction accelerated after Wall Street opened.Key points:Bitcoin price downside pressure mounts on…
In brief The World Foundation, steward of Sam Altman’s World, raised $52.5 million in a token sale led by Pantera Capital to expand its…
The first metric is the new “Net Reserve”, which currently sits at $36.6 billion. That figure takes Strategy’s $55.6 billion BTC reserve (843,775 BTC),…
Bitcoin developers need to swallow their pride and outline a clear plan to harden the blockchain against quantum computing attacks, according to Capriole Investments…
Bitcoin (BTC) sold off into the early Asian trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across…
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Three Samsung affiliates agreed to buy a 4% stake in Dunamu, the operator of South Korea’s largest cryptocurrency exchange, Upbit, for a total of…
Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its…
In brief Bitcoin fell to lows of $72,711 Thursday, as ETFs shed $1.02 billion across three days. $937 million in crypto liquidations occurred despite…
Federal officials arrested and indicted Christopher Southerland for stealing government-issued cellphones worth more than $150,000 while he worked as a system administrator for the…
Abuja, May 28, 2026—The Committee to Protect Journalists calls on Nigerian authorities to swiftly identify and hold to account at least 15 men who…
Bitcoin broke below $73,000 for the first time in months as fresh U.S. strikes on Iran sent risk assets lower and triggered one of…