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View More Newsfrom the what-third-branch? dept There are many ways to describe the Trump Era, but the executive branch’s conviction that it can simply ignore the legislative branch’s entire existence has become something close to a governing principle. From impounding funds designated by Congress to launching a war without Congress’s authority, Trump has basically decided that the legislative branch is a vestigial organ of the federal government. This latest one may seem smaller than those stories, but it’s another demonstration of how little the executive branch thinks the laws Congress wrote actually matter. Specifically in this case, the FCC has voted to…
In brief MyTrade founder Liu Zhou has been fined $10,000 over running a crypto wash trading service. Zhou pleaded guilty in October 2024 alongside 17 co-conspirators charged in the same operation. MyTrade’s dashboard let clients order a daily volume of fake trades, executed by bots. The founder of crypto market maker MyTrade has avoided prison and been fined $10,000 for running a wash trading service that generated millions of dollars in fake daily volume across roughly 60 cryptocurrencies.Liu Zhou, 41, a Canadian citizen and Chinese national, was sentenced in Boston federal court on Thursday by U.S. District Judge Angel Kelley,…
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In what we know as the Middle East, a dramatic jump in the emerging pattern of human violence took place around 5500 BCE, the primary evidence being circumvallation, the construction of walled fortifications around population centres.Circumvallation was not unprecedented. The massive and fabled walls of Jericho appeared around 8000 BCE. Twelve feet high and six feet thick, an estimated 1,800 feet in circumference, the walls were a mute indicator of both the place’s unprecedented wealth—perhaps derived from trading Dead Sea salt—and the need to protect it. But these fortifications stood alone for 2,500 years; and then, rather suddenly, equivalents began…
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Senate Republican leaders are expected to leave for their August recess without voting on crypto market structure legislation, delaying consideration of the bill until…
Crypto exchange Bitget has signed an agreement with Gelephu Mindfulness City Authority to pursue a regulated local presence. Read the full article here
from the here-goes dept When Erica Schwartz was first nominated for Director of the CDC, you could almost hear both a gasp of surprise…
The Clarity Act did not have any time agreement, individuals following the bill told CoinDesk earlier Thursday.To be successful, the bill would need 60…
Ondo Finance founder Nathan Allman has died, the company said in a post on X on Tuesday, without disclosing the cause.”It is with profound…
Security for artificial intelligence-powered agents should be built into the entire system, not just around the model itself, to better prevent failures and attacks…
A review of Stalin’s Apostles: The Cambridge Five and the Making of the Soviet Empire by Antonia Senior; 462 pages; New York, Public Affairs…
Decentralized platform Hyperliquid is now competing with established betting platforms such as Polymarket, but with a differentiated mechanism for resolving bets. The leading decentralized…
Scammers have been using Google to deploy malicious phishing advertisements impersonating the crypto protocol Uniswap, which has reportedly netted the attackers at least $400,000. The…
The combined market value of all stablecoins has hit a record high of $322 billion, dwarfing the foreign exchange reserves of 95 countries, including…
Ether treasury company Bitmine Immersion Technologies has been included in a preliminary list for potential inclusion in the Russell 3000 index, a move that…
XRP spent weeks tightening into a narrow range, but the market finally started leaning lower after another failed push above resistance near $1.36. The…