The News Roundup
View More NewsCipher Digital (CIFR) shares jumped 9% in pre-market trading after the company, formerly a bitcoin miner, announced a new long-term data-center lease and said it secured a $200 million revolving credit facility.The company, which rebranded from Cipher Mining in February, revealed a 15-year lease agreement with an investment-grade hyperscale tenant for its third data center campus. Cipher will develop a high-performance computing facility at an existing site, strengthening its position as a partner to large technology firms building AI infrastructure.The company renamed itself to reflect a strategic pivot away from bitcoin production toward the development of industrial-scale data centers for…
From Woolard v. Thurmond, written by Judge Andrew Hurwitz and joined by Judges Eric Miller and Jennifer Sung, and released in slightly amended form yesterday: California provides free public education through its common schools. It long did so through brick-and-mortar schools owned and operated by public school districts. In 1992, California authorized the establishment of charter schools, “public schools funded with public money but run by private individuals or entities rather than traditional public school districts.” Like traditional public schools, charter schools can provide non-classroom-based instruction, including “independent study” programs, in which parents provide home-based direct instruction approved by the…
AI & Crypto
Read MorePolitics
According to Article 1, Section 4, of the U.S. Constitution, “the Times, Places and Manner of holding Elections for Senators and Representatives, shall be prescribed in each State by the Legislature thereof; but the Congress may at any time by…
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In 2016, I mistook a fortress for a prison. When I first moved to the United Arab Emirates, I believed I was arriving in a country that feared freedom. My suspicion felt principled. I had been shaped within American liberal-arts institutions that trained students to view the Middle East through a woke-progressive lens, where distrust of petro-states signalled intellectual sophistication. I had internalised the assumption that nationalism was always a façade, a polished surface concealing exploitation and the machinery of the military-industrial complex. Years later, I realised I had misunderstood something fundamental: the difference between regimes that censor to protect…
Latest News
In brief Delaware lawmakers have introduced a bill to create a state regulatory framework for payment stablecoin issuers. The proposal aligns with the federal…
Foundation launches developer platform for institutions, taps Mastercard, Western Union and Worldpay
The Solana Foundation is launching a new developer platform aimed at making it easier for financial institutions to build blockchain-based products, with early users…
BitGo, a digital asset custody and trading platform, and Susquehanna Crypto will collaborate to give institutional clients over-the-counter access to prediction markets, allowing them…
Bitcoin BTC$70,866.25 slipped back toward $69,000 on Tuesday morning as a broader pullback in equities spilled over into crypto markets.After trading near $71,000 earlier…
In brief Three Tennessee minors have sued xAI, alleging Grok generated CSAM from their real photos and spread it online, causing severe harm. The…
Law enforcement agencies from the U.S., U.K. and Canada started a joint initiative called Operation Atlantic aimed at disrupting cryptocurrency fraud schemes known as…
US President Donald Trump has again pressured the Federal Reserve to cut interest rates immediately, saying at a White House meeting that they should…
In brief The former LASD deputy was sentenced in a federal extortion case tied to crypto “Godfather” figure Adam Iza. The case details how…
from the if-the-knock-off-shoe-fits dept Normally, a post about the signing of an NFL free agent wouldn’t make it anywhere near these here Techdirt pages.…
I WANT FREE MINDS AND FREE MARKETS! Help Reason push back with more of the fact-based reporting we do best. Your support means more…
Bitmine Immersion Technologies (BMNR), the largest ether-focused treasury firm, bought 60,999 ether (ETH) last week as it continues to build up its holdings of…
Prediction markets platform Polymarket says it has now banned and reported users who pressured an Israeli journalist with death threats to amend a news…
