Freedom Index
The News Roundup
View More NewsIn brief Reps. Ted Lieu and Nathaniel Moran introduced the bipartisan AI Kill Switch Act on Thursday, two days after OpenAI admitted its models escaped a test sandbox and breached Hugging Face. It would cover AI trained with over $100 million in compute at companies earning $500 million a year from it, and give Homeland Security emergency shutdown authority. The bill exempts anything that happens during red-teaming, meaning the OpenAI breach that inspired it would not have triggered the law. Two members of Congress want the federal government to be able to switch off an AI model.Reps. Ted Lieu (D-CA)…
In brief U.S. spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a seven-day streak that had pulled in nearly $1 billion, according to SoSoValue data. BlackRock’s IBIT accounted for the bulk of the exit at $202.5 million, while Morgan Stanley’s MSBT was the only Bitcoin fund to add money, taking in $5 million. Spot Ethereum ETFs moved the opposite direction, adding $26.3 million to stretch their own inflow streak to five straight days. It was nice while it lasted. Bitcoin ETFs just had their first bad day in more than a week.U.S.-listed spot Bitcoin ETFs—stock…
AI & Crypto
Read MorePolitics
Don't Miss!
Opinions & Debates
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…
Latest News
The US House of Representatives has passed a bill that would ostensibly prohibit members of Congress, their spouses and dependent children from purchasing publicly…
In brief Samsung said Samsung Wallet will add native stablecoin support at Galaxy Unpacked in London on July 22, showing a mockup with Circle’s…
Watch Full Video on YouTube
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…
Bitcoin miner TeraWulf has acquired a large data center development site in the US state of Kentucky, adding significant capacity to its artificial intelligence…
In brief TeraWulf acquired an eastern Kentucky site capable of supporting more than 1 gigawatt of AI and high-performance computing data center capacity. The…
Last week, President Donald Trump settled his own spurious lawsuit against the government he controls by wresting $1.8 billion from the federal treasury to…
Craig Swan’s eyes light up, and his smile widens when he speaks of Bermuda’s ambitions to become the world’s first economy to go fully…
Spain’s gambling regulator blocked local users from Polymarket and Kalshi “as a precautionary measure” as authorities there address allegations the prediction markets platforms were…
In brief Indonesian authorities blocked Polymarket on Friday, citing violations of local gambling laws. The ministry is tracing affiliated social media accounts and warned…
from the saving-us-from-the-hideous-burden-of…-teeth dept Our war on drugs began with a simple man with a simple plan. That plan was this: give the government…
As the Trump administration continues its deportation crackdown, it’s finding new ways to make it harder for people to immigrate to the United States…