The only Father’s Day gift I can recall my own dad getting was a plate of fried sardines. It was prepared by my mother, his ex-wife, who knew how gratefully he’d receive a dish he grew up with in the Italian neighborhood of a steel town dying with such theatrical flair that Bruce Springsteen named…
Key Takeaways Sui halted for a 3rd time in 2 days, disrupting the market as the Core Team next works on a long-term fix. The cause seems to be the new stablecoin’s 0-fee transaction logic, which had design defects. Sui halted again at 4:30 PM EDT, freezing user transactions as it investigates issues regarding epoch…
The U.S. Treasury has said it has seized nearly $1 billion in cryptocurrency linked to Iran as Washington expands its financial campaign against Tehran. Summary The U.S. Treasury says seizures of Iran-linked cryptocurrency are nearing $1 billion as Washington targets Tehran’s financial networks. Tether froze $344 million in USDT across two Tron wallets linked to…
SpaceX is headed toward what’s expected to be the largest IPO ever next month, and now it has received a major boost from the Trump administration. On Friday, the U.S. Space Force announced it’s giving SpaceX $4.16 billion as part of a contract to build satellites that will be part of a missile and air…
The digital asset industry is bracing for a tense macro environment this week. Arthur Hayes critiques the token economy, and decentralization advocates face intense crackdowns from sovereign nations. Here are the crypto stories you may have missed this week. 🏛️ Macro & Institutional Headwinds ETF Bleed: Outflows Mount for BTC and ETH The institutional appetite…
Australia’s AI data center boom drove private investment sharply higher, even as weaker household spending exposed a widening economic split. The post AI Data Centers Now Account for 17% of Australia’s Private Investment appeared first on TechRepublic. Source link
Key Takeaways The S&P 500 closed at a record 7,592 on May 29, extending its winning streak to nine straight weeks. University of Michigan consumer sentiment hit a record low of 44.8 in May, with 57% of consumers citing high prices. Bitcoin held near $73,500 as CME launched 24/7 crypto futures trading and gold rebounded…
Texas has moved closer to holding Bitcoin directly after naming a new advisory committee to guide the state’s Strategic Bitcoin Reserve. Summary Texas has named a five-member advisory committee to guide the management, custody, and valuation of its Strategic Bitcoin Reserve. The state is seeking a qualified crypto custodian as it prepares to move from…
Chicken Shop Date has seen host Amelia Dimoldenberg flirting with some serious names over the last 10 years, from Billie Eilish to Keke Palmer, SZA to Cher. Her latest illustrious guest? Sir Paul McCartney. Having recently closed out The Late Show with Stephen Colbert, the music legend and Beatle is hitting the press circuit to…
Author and illustrator Loryn Brantz never imagined that a popular cartoon character she created almost a decade ago would one day be the subject of an intellectual property dispute involving BuzzFeed, Amazon’s video streaming service, and generative artificial intelligence. But that’s exactly the situation she finds herself in today. “Nothing said in good faith by…
