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View More NewsThe European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture.The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant” tokens with potentially multimillion-euro penalties. Under the proposal, the Paris-based watchdog will deploy a strict two-step process to determine fines, assessing the baseline severity of an infraction before factoring in aggravating or mitigating behavior.The move represents the sharpening of teeth for the EU’s landmark Markets in…
On Thursday as well, Specter Analyst, another blockchain intelligence platform, said on Thursday that “It appears there may be a phishing attack targeting Polymarket users, with estimated losses of $2.94M so far.”One of the victims of the hack, Ash, on X wrote that his wallet had been hacked and had no idea why at the time. Ash also shared his and the attacker’s wallet addresses.Polymarket has suffered other security breaches recently. In March, blockchain investigator ZachXBT highlighted a suspected security breach. He said over $520,000 was reportedly drained from two smart contracts on the Polygon blockchain. Polymarket then said the…
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I recently participated in a Federalist Society podcast on Pung v. Isabella County, the Supreme Court’s recent badly flawed Takings Clause decision. Deborah La Fetra of the Pacific Legal Foundation (one of the lawyers representing the property owners in the…
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It’s fitting that the embattled Keir Starmer resigned as prime minister of the United Kingdom almost exactly a decade after the Brexit referendum. More than anything else, it was that vote, on June 23rd 2016, which created Britain’s current political reality—a reality of which Starmer is just the latest victim.Perhaps the most ironic impact of Brexit is the fact that the United Kingdom has finally become a European country. By this I don’t mean that we’ve suddenly learned how to cook good food, or we’ve all become bilingual, or have embraced the siesta. We’re no more culturally European than we…
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A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate the prediction market platform Polymarket after it reportedly…
In brief Kalshi has teamed up with FIFA-linked ADI Predictstreet to expand its reach and step into the World Cup’s spotlight. Driven by intense…
Republican Florida Gov. Ron DeSantis announced at a press conference Thursday that the state’s “Alligator Alcatraz” detention camp is shutting down after less than…
Grant Cardone, CEO of Cardone Capital, used this week’s crypto slide to restate the case for his bitcoin-and-property model, saying the structure is designed…
In brief Estonian Prime Minister Kristen Michal approved an Eesti.ai advisory council proposal on June 17 to create an “AI personal identification code.” The…
The NO FAKES Act is supposed to target harmful AI-generated impersonations. But in reality, it will make it easier to suppress commentary, satire, and…
Six years ago, Richard Hershey was distributing religious leaflets on a public sidewalk in a public park surrounding a public arena in Bossier City,…
from the speak-up-now dept You have less than a week to weigh in on Brendan Carr’s obviously bullshit retaliatory censorial attack on Disney. While…
Coinbase’s (COIN) latest product launch event may not have changed Wall Street’s near-term earnings forecasts, but it reinforced a growing belief among analysts that…
Crypto platform Blockchain.com has added 173 tokenized stocks and exchange-traded funds through a partnership with Ondo Finance, bringing its catalog of tokenized traditional assets to…
In brief Nvidia, Carnegie Mellon, and UC Berkeley have released ENPIRE, a framework that lets AI coding agents run the full loop of teaching…
From yesterday’s decision in Commonwealth v. Brown, written by Justice Kevin Dougherty, joined by Justices Sallie Updyke Mundy, Kevin Brobson, and Daniel McCaffery; all…
