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View More NewsWildfire risk just got a lot worse in California, where some of the state’s most effective fire prevention specialists—goats—are under regulatory attack. As of July 1, the state’s standard minimum wage and overtime laws now apply to goat-herding companies, whose animals clear brush and reduce fire danger across the state. The change threatens to sideline these vital firefighters at a time when California can ill afford a setback in wildfire prevention. For decades, California’s goat and sheep herders have been largely exempt from the state’s wage and overtime rules. This is on account of the round-the-clock lifestyle that herding entails; without such…
Perpetual decentralized exchange (DEX) Hyperliquid’s weekly trading volume in tokenized real-world assets (RWAs) exceeded that of all other asset categories combined for the first time.RWAs generated $25.1 billion in trading volume from July 13 to July 19, accounting for 52% of Hyperliquid’s total weekly volume of $48.2 billion, according to Blockworks data.“Hyperliquid’s RWA market alone was larger than the combined crypto perpetual volume of every other DEX,” wrote ARK Invest’s research director for digital assets, Lorenzo Valente, in a Thursday X post.The milestone reflects growing demand for tokenized assets on Hyperliquid. Over the past month, RWA holders grew by 32%…
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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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The crypto market continues to mature with growing institutional participation, and memecoins are paying the price.The combined market capitalization of DOGE$0.06905 and shiba inu…
World Foundation has raised an initial $52.5 million through a sale of locked WLD tokens to strategic investors, with Pantera Capital leading the funding…
In brief Claude Opus 5, released July 24, costs $5 per million input tokens—identical to its predecessor Opus 4.8 and exactly half the price…
The Committee to Protect Journalists and a coalition of press freedom and freedom of expression organizations issued a joint statement on Thursday calling for…
SoFi has rolled out its dollar-backed stablecoin, SoFiUSD, to users of its banking app, becoming the first U.S. national bank to offer a stablecoin…
Ethereum treasury companies are under pressure to generate revenue from staking and other yield strategies as spot crypto exchange-traded funds (ETFs) weaken the appeal…
Hello and welcome to another edition of Free Agent! A short week is a great time for a scoop and score, so let’s get…
IREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell systems, a…
The tokenized real-world asset (RWA) market has grown to $51 billion, up 42% this year, as private credit becomes the largest segment of the…
From Judge Thomas O. Farrish (D. Conn.) last Monday in Conservation Law Foundation, Inc. v. Shell Oil Co.: The defendants, Shell Oil Company and…
OpenZeppelin CEO Manuel Araoz said he now considers “all” of decentralized finance (DeFi) unsafe because coding agents have become “superhuman” at finding vulnerabilities in…