Headlines

May 2026

Kevin Warsh Confirmed as Fed Chair as Lawmakers Split on Independence

Joseph Rees03 mins

Key Takeaways Kevin Warsh secured Senate confirmation as Federal Reserve chairman after closely watched party-line votes. Supporters emphasized inflation control, disciplined monetary policy, and restoring confidence in the economy. Critics warned political pressure could challenge the Federal Reserve’s long-term institutional independence. Kevin Warsh Confirmation Draws Split Reaction on Fed Independence Kevin Warsh was confirmed as…

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Yellow Network’s Sirkia sees CLARITY Act as reset

Adam Forsyth03 mins

Yellow Network chairman Alexis Sirkia says the CLARITY Act is the structural reset U.S. crypto has waited for. Summary Sirkia argues the bill creates the first navigable framework around classification, jurisdiction, and compliance for crypto firms. Years of regulatory uncertainty pushed builders to Dubai and Singapore, and the CLARITY Act could reverse that flow if…

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Corpay Partners BVNK to Launch Stablecoin Payments Across $12 Billion Global Network

Joseph Rees03 mins

Key Takeaways Corpay partners with BVNK to add stablecoin wallets and 24/7 settlement services. Corpay handles $12B payments monthly; stablecoins could speed cross-border transfers. BVNK integration may cut liquidity costs as stablecoin adoption grows across finance. BVNK Powers Corpay Stablecoin Rollout as Cross-Border Payment Demand Accelerates Corpay Inc. (NYSE: CPAY), one of the world’s largest…

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Amazon employees use internal AI tool to inflate usage scores in practice called ‘tokenmaxxing’

Adam Forsyth02 mins

Amazon built an internal AI tool staffed by 36 engineers. Its employees responded by gaming it. The practice has earned its own name inside the company: “tokenmaxxing.” Workers are using MeshClaw, Amazon’s internally developed platform for creating AI agents to automate tasks, not because they need the automation, but because they need the usage numbers….

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