Category: crypto
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Prediction markets sprint from crypto niche to mainstream finance
Prediction markets such as Polymarket and Kalshi have rapidly grown to become a major sector in finance, with nearly $24 billion cleared monthly. These markets are attracting AI bots, Wall Street capital, and new CFTC regulations, bringing them into the mainstream financial world. Regulatory attention and institutional interest are increasing, indicating a shift towards traditional…
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Three Times the US Government Already Failed at Tech
ProPublica’s investigation warns that the federal government is hastily adopting AI tools from major tech companies, repeating the same mistakes made during the rush into cloud computing a decade ago. Lessons include the risks of free tech deals, lack of oversight resources like FedRAMP, and conflicts of interest in third-party auditing firms.
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Wall Street edges higher as Tesla lags, AMC and MicroStrategy jump
U.S. stocks closed slightly higher on Monday, with the Dow up 0.36%, the S&P 500 up 0.45%, and the Nasdaq up 0.5%. AMC Entertainment surged 12%, MicroStrategy gained 6%, while Chinese ADRs underperformed. Meme and crypto-sensitive names saw sharp movements, highlighting stock-level volatility as investors reassess earnings, rates, and geopolitical risks.
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Chinese AI firms track US ships in Iran war
Chinese AI tracking firms linked to the People’s Liberation Army are using publicly available data to create detailed intelligence reports on US military movements during the Iran war. The firms, MizarVision and Jinghan Technology, utilize satellite imagery, flight tracking, and maritime data processed through AI tools. The US government has taken steps to limit access…
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AI job hunters show why compute needs to be on-chain
An open-source AI job hunter built on Claude Code applied to hundreds of roles and successfully landed a job, highlighting the importance of on-chain compute over resumes. The tool, Career-Ops, automates job hunting by scanning company career pages, rewriting CVs, and batch-firing applications optimized for applicant tracking systems. As AI agents dominate hiring, tokenized computational…
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Democrats meet tonight on record DHS shutdown
House Democrats are holding a virtual caucus call to discuss the ongoing DHS shutdown, now at 51 days and the longest in US history. The Senate passed a funding deal excluding ICE and CBP, but House Republicans rejected it, opting for a 60-day stopgap. The shutdown has led to TSA officer shortages and long airport…
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Trump pays DHS workers, but legal experts cry foul
President Trump’s DHS pay order directs all Department of Homeland Security employees to be paid using redirected federal funds from the One Big Beautiful Bill Act. Legal experts warn this may violate the Antideficiency Act, giving Congress sole control over federal spending. Critics question the legality of connecting TSA operations to border enforcement funds.
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Georgia AI chatbot bill heads to governor as session ends
Georgia’s legislature is closing its 2026 session today with three AI bills awaiting Governor Brian Kemp’s signature. The most notable bill, SB 540, mandates disclosure, child protections, and crisis response protocols for self-harm in AI chatbots. The bill does not include exemptions for major tech companies like Meta and Google.
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Schwab Bitcoin Ethereum trading launches for 38M clients
Charles Schwab will launch Schwab Bitcoin Ethereum trading in Q2 2026, offering direct spot access to crypto for its 38.9 million active brokerage clients through Schwab Crypto. CEO Rick Wurster confirmed the timeline and stated the company is ready to compete in spot Bitcoin and Ethereum trading. Schwab plans to follow the launch with a…
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XRP price hinges on Senate CLARITY Act in April
The XRP price is closely tied to the CLARITY Act, with the Senate Banking Committee aiming for a late April markup. If the bill is not passed by May, it may not move again until 2026. Analysts predict potential price increases if the bill passes, but risks of a price drop if it stalls.