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View More NewsIntercontinental Exchange (ICE), the parent of the New York Stock Exchange (NYSE), said Friday it completed a new $600 million direct cash investment in Polymarket, deepening its bet on prediction markets as a new area of growth for exchange operators.The company also said it expects to purchase up to $40 million of Polymarket securities from existing holders, adding to its previously announced investment commitment made in October 2025.In that earlier deal, ICE said it would invest up to $2 billion in Polymarket, marking one of the largest institutional moves into the prediction market sector. The latest transaction advances that arrangement,…
Morgan Stanley plans to price its proposed spot bitcoin BTC$65,811.84 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off a new round of fee competition among existing funds.The latest S-1 filing, filed Friday, shows the bank undercutting rivals that charge closer to 15 to 25 basis points. The lowest fee on the market today is Grayscale’s Bitcoin Mini Trust ETF BTC$65,811.84, which carries a 0.15% expense ratio. Larger funds, including BlackRock’s iShares Bitcoin Trust…
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An excerpt from yesterday’s decision by Judge Edward Davila (N.D. Cal.) in U.S. v. Holmes:On November 1, 2023, after the Court sentenced Holmes [to 11¼ years in prison], the Sentencing Commission amended the Guidelines … by add[ing] U.S.S.G. § 4C1.1,…
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In the early 2000s, I spent much of my time over the course of several years fighting the incursion of religion into science classes in the United States. At the time, the main target of religious fundamentalists was evolution. Well-funded groups at places like the Discovery Institute were trying to insert the religious concept of Intelligent Design (ID) into high school science classes on an equal footing with biological evolution—in spite of a lack of evidence in favour of the notion that the current complexity in biological species required divine intelligence to arise, and a massive amount of counter-evidence that…
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Crypto stocks are getting hit hard Friday as weakness in U.S. equities rippled through high-risk assets, driving bitcoin BTC$65,822.30 below $66,000.Crypto exchange Coinbase (COIN)…
Opinion by: Ilya Tarutov, founder of TramplinCrypto hasn’t struggled because the technology was flawed. Instead, it faltered as a result of the incentive structures…
Major crypto-related stocks fell sharply Friday, with some hitting their lowest prices in at least a month as markets reacted to continued uncertainty around…
In brief The White House registered aliens.gov early Wednesday. Trump may be pushing ahead with a planned UFO file release after the viral Obama…
from the lemon-pound-cake dept We’ve been following the saga of Afroman (real name Joseph Foreman) and the Adams County Sheriff’s Office for a few…
Today I testified before the House Judiciary Committee, Subcommittee on Oversight, about actions taken in Venezuela. The hearing was titled, “The Legal Basis for…
Losing a race is unusual for the crypto industry’s political action committee, Fairshake, which has recorded a dominant record in the past two congressional…
The Federal Reserve Open Market Committee (FOMC) announced on Wednesday that it would hold the Federal Funds rate steady at 3.5-3.75%, as it monitors…
In brief The Algorand Foundation laid off 25% of its staff due to the downturn in crypto markets. The foundation remains focused on the…
from the even-a-corrupt-clock-etc. dept Obviously, this headline owes everything to The Onion, which generated this masterpiece years ago: And so it is here: someone…
Trump’s Temporary Waiver of the Jones Act Only Illustrates Why the Law Should Be Permanently Trashed
The Trump administration has issued a 60-day waiver of a federal law that limits the number of ships allowed to carry goods between American…
