Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates …
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew O’Neill, t…
Block Unveils Bitcoin Conversion Feature for Square Merchants
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the…
Iconic ‘Buy Bitcoin’ Sign From Janet Yellen’s Testimony Sells for $1 Million in Crypto Auction
Christian Langalis, famously known as “Bitcoin Sign Guy,” has auctioned the “Buy Bitcoin” sign he displayed during Janet Yellen’s 2017 Congressional testimony for 16 BTC, approximately $1 million dollars at current pr…
OP_CAT Proposal Assigned BIP-347, Aims to Enhance Bitcoin With Ethereum-Style Smart Contracts
OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed software upg…
Biden’s America: Ecuadoran Man Allowed to Visit U.S. Despite Being Wanted for Rape
An Ecuadoran national was allowed to visit the United States on a visa despite being wanted for rape in his native country, federal officials reveal.
The post Biden’s America: Ecuadoran Man Allowed to Visit U.S. Despite Being Wanted for Rape app…
Supreme Court Seems Split on Biden Mandating Emergency Room Abortions
Supreme Court justices appeared split during oral arguments on Wednesday in a case surrounding the Biden administration’s attempt to require emergency room doctors to perform abortions under the Emergency Medical Treatment and Labor Act of 1986 (EMTALA…
Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitc…
Report: Biden Administration Secretly Shipped Long-Range Missiles to Ukraine in March
The Biden administration last month secretly shipped long-range missiles to Ukraine for the first time to enable Ukrainian forces to strike farther into Russian-seized areas in Ukraine, according to a report.
The post Report: Biden Administration Secre…
‘Get the F**K Off Our Campus’: Students Heckle Mike Johnson During Speech at Columbia University
Students at Columbia University heckled Speaker of the House Mike Johnson (R-LA) during his speech on Wednesday, addressing the rise of antisemitism on college and university campuses in the past week.
The post ‘Get the F**K Off Our Campus’…