U.S. Treasury Secretary pushes for CLARITY Act passage as Senate returns from recess
U.S. Treasury Secretary Scott Bessent has urged senators to advance the CLARITY Act as lawmakers prepare to return from their August recess for a procedural vote that will test whether the crypto market structure bill has enough support to move forward. Summary Treasury Secretary Scott Bessent urged senators to advance the CLARITY Act and remain…
‘Daily Show’ recaps all the excuses Republicans are making not to attend Trump’s convention
Trump held a big midterm convention on Wednesday, but many Republicans apparently had to miss out. In the Daily Show clip above Michael Kosta gleefully recaps the various excuses given, from Rep. Mike Flood saying his son has a high school football game (“Oh yeah, classic mid-week high school football game,” says Kosta, “That’s why…
Who is Malone Lam? Singaporean Fraudster Pleads Guilty to $245M Bitcoin Theft
Malone Lam, 22, from Singapore, pleaded guilty on Tuesday to a federal racketeering conspiracy charge tied to the theft of more than 4,100 Bitcoin from a Washington, D.C., resident. Prosecutors valued the theft at roughly $245M when it occurred and described it as one of the largest cryptocurrency thefts involving a single victim in U.S….
A Teen Girl’s Death Is Prompting Calls to Ban Choking in Porn
An Australian teenage girl’s death, suspected to be preceded by consensual “choking” during sex, has renewed calls to ban showing the act in porn. This latest tragedy, reportedly believed to involve sexual strangulation, comes just months after the UK banned porn showing the practice. But despite all the noise, most people still aren’t aware of…
Gen Z Is Twice as Likely to Call Sports Betting an Investment, BofA Finds
Key Takeaways BofA survey found 20% of Americans call sports betting an investment; 40% of Gen Z do. Across all generations, event contracts were seen as more investment-like than betting. Bettors recovered under 75 cents per dollar every month from January through July. A Perception Gap Matching Industry Positioning The survey ran from March 24…
Bitcoin Whales Remain on the Sidelines Ahead of Chaotic 10 Days: What’s Coming?
The largest market participants appear reluctant to make a move as the asset struggles below $80,000. Or, maybe there are waiting for these major developments to unfold. Citing data from Santiment Intelligence, popular analyst Ali Martinez showed a chart indicating that Bitcoin whale holdings have remained almost completely unchanged at roughly 5.23 million units…
OpenAI adds a prominent AI doomer to its board of directors
Paul Christiano, an influential AI researcher focused on keeping AI systems aligned with human interests and under human control, is joining the OpenAI Foundation board, the frontier lab said Wednesday. “I now believe there is a meaningful risk that rapid acceleration in AI capabilities leads to catastrophic and irreversible loss of control in the very…
Binance sets September 24 deadline for USDP
Binance announced on Sept. 10 that it will delist Pax Dollar, or USDP, from spot trading at 03:00 UTC on Sept. 24, beginning a phased removal that will affect deposits, withdrawals, margin positions and several other exchange services. Summary Binance will end USDP spot trading and automatically cancel all pending orders on September 24. USDP…
Is Apple’s $1,199 Upgrade Worth It?
Apple has introduced the iPhone 18 Pro and iPhone 18 Pro Max, betting that greater camera control, longer battery life and more on-device AI will persuade buyers to pay at least $1,199 for its latest premium phones. The models debuted Wednesday at Apple’s “Surprise and shine” event, the company’s first major hardware launch under newly…
97 Sealed NES Games Found in a Wisconsin Storage Unit, Some Valued Near $9,000
Key Takeaways Thor Jensen found 97 sealed NES games, with PSA grading several above 9.6. PSA gave 1 game a perfect 10, while rare titles could fetch nearly $9,000 each. Jensen plans to auction the NES haul, with part of the proceeds going to charity. While clearing his grandfather’s storage in Waukesha, Wisconsin, store owner…
