This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax
Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a…
PHP Foundation admits ‘structural failure’ delayed critical security fix
Government websites and online services were disrupted after concerns about a PHP bug that could allow attackers to take control of vulnerable servers.…
American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.…
Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.
Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.…
Trump says data centers should generate their own electricity — but experts say only states can mandate that
The president’s statement comes as a voter backlash against the facilities intensifies ahead of the midterm elections. Source:MarketWatch
Trump didn‘t mention ‘crypto’ once in White House cybercrime roundtable
The US President detailed many schemes defrauding Americans, but referred only to “cybercurrency“ related to scams. Source:Cointelegraph
SpaceX’s massive AI targets will test the limits of reality
As Elon Musk aims to increase SpaceX’s computing capacity exponentially, he’ll face challenges related to funding, power supply and simply securing sufficient…
Cardano Foundation urges EU against expanding MiCA rules to DeFi and staking
The foundation called for regulation based on financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto…
Medicare is a bargain. What America can’t afford is private health insurance.
Private insurance costs way more for the same results — or worse. Source:MarketWatch
Chainlink, Cardano, other blockchain groups push SEC for clearer crypto rules
Six major blockchain organizations urged the SEC to formally recognize digital commodities as nonsecurities in its proposed regulatory framework.…
Polymarket traders see a 10% chance the AI bubble bursts before New Year’s Day
For investors worried that the runaway artificialintelligence trade might be about to hit the skids, prediction markets are already starting to reflect that…
How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data. Source:CoinDesk