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  • Nearly 70% of institutional investors commit to Ethereum staking – survey
    by Gino Matos on October 18, 2024 at 12:30 am

    Nearly 70% of institutional investors holding Ethereum (ETH) are engaged in staking, with 52.6% of them holding liquid staking tokens (LSTs), according to a Blockworks Research report. Nearly half of institutional investors staking ETH prefer to use only one integrated platform, such as Coinbase and Binance. Meanwhile, 60.6% of the survey participants also utilize third-party The post Nearly 70% of institutional investors commit to Ethereum […]

  • Worldcoin rebrands as World, targets 1 billion users with new blockchain and biometric tech
    by Assad Jafri on October 17, 2024 at 11:00 pm

    Worldcoin, the Sam Altman-backed digital identity initiative, announced a major rebrand as World and unveiled ambitious plans to grow its user base to 1 billion people during a keynote address on Oct. 17. The keynote, led by co-founders Altman and Alex Blania, marked a significant shift in the project’s trajectory after it announced a series The post Worldcoin rebrands as World, targets 1 billion users with new blockchain and biometric tech […]

  • Montenegro to finalize Do Kwon’s extradition fate by week’s end
    by Assad Jafri on October 17, 2024 at 9:15 pm

    Montenegro’s Justice Minister Bojan Božović confirmed that a decision had been reached regarding the extradition of Do Kwon, the co-founder of Terraform Labs. According to local media reports on Oct. 17, the extradition process will be signed by the end of this week. The decision comes after a lengthy legal process that has been mired in The post Montenegro to finalize Do Kwon’s extradition fate by week’s end appeared first on […]

  • Kraken launches kBTC as competition heats up in wrapped Bitcoin market
    by Oluwapelumi Adejumo on October 17, 2024 at 8:21 pm

    Kraken has introduced a new wrapped Bitcoin product, kBTC, to tap into the rapidly expanding sector, according to an Oct. 17 statement. kBTC is a fully-backed, cross-network-compatible ERC-20 token representing Bitcoin. Each kBTC is backed 1:1 by an equivalent amount of Bitcoin, stored securely in Kraken’s custody, with on-chain reserves available for public verification. The The post Kraken launches kBTC as competition heats up in wrapped […]

  • Ex-FTX exec Nishad Singh seeks leniency for minor role in collapse
    by Assad Jafri on October 17, 2024 at 7:30 pm

    Former FTX executive Nishad Singh is asking a US federal judge for leniency ahead of his sentencing for his role in the exchange’s collapse. In a memorandum filed on Oct. 16, Singh’s legal team emphasized his cooperation with authorities and the limited nature of his involvement, requesting a reduced sentence. The attorneys highlighted his swift The post Ex-FTX exec Nishad Singh seeks leniency for minor role in collapse appeared first on […]

  • Bitcoin hashprice surges to two-month high, buoying miners
    by Oluwapelumi Adejumo on October 17, 2024 at 7:15 pm

    Bitcoin’s hashprice has risen to a two-month high, exceeding $50 for the first time since mid-August, according to data from Hashrate Index. On Oct. 17, the hashprice hit $53.64, marking its highest point since Aug 23. This comes after a significant drop in September, when the hashprice fell to an all-time low of below $40. The post Bitcoin hashprice surges to two-month high, buoying miners appeared first on CryptoSlate.

  • FBI arrests man for SEC social media hack over fake Bitcoin ETF approval post
    by Gino Matos on October 17, 2024 at 6:01 pm

    The FBI arrested the man allegedly responsible for hacking the US Securities and Exchange Commission’s (SEC) X account and using it to make a fake post about the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US in January. According to a statement by the US Attorney’s Office for the District of Columbia, The post FBI arrests man for SEC social media hack over fake Bitcoin ETF approval post appeared first on CryptoSlate.

  • US Bitcoin ETFs surpass $20 billion in net inflows, nearing Satoshi’s holdings
    by Assad Jafri on October 17, 2024 at 4:30 pm

    Spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing $20 billion in total net inflows for the first time, according to data shared by Bloomberg senior ETF analyst Eric Balchunas. The achievement follows a week of extraordinary inflows totaling $1.5 billion, indicating growing investor demand for crypto exposure via ETFs. Balchunas highlighted that The post US Bitcoin ETFs surpass $20 billion in net inflows, […]

  • Ark Invest calls blockchain and AI the key to revitalizing economy with deflation coming
    by Liam ‘Akiba’ Wright on October 17, 2024 at 2:30 pm

    According to its Q3 Commentary report, ARK Investment Management believes technological innovation, particularly in artificial intelligence and blockchain technology, could be pivotal in revitalizing the global economy. As inflation transitions to deflation in several sectors, ARK believes that its five innovation platforms, robotics, energy storage, AI, blockchain, and multi-OMIC (biological analysis) sequencing, may significantly impact The […]

  • Polymarket volume hits $2 billion with Trump leading election bets
    by Oluwapelumi Adejumo on October 17, 2024 at 1:46 pm

    The decentralized prediction platform Polymarket has surpassed $2 billion in total volume for the upcoming 2024 US presidential election. As of now, Republican candidate Donald Trump holds a commanding 61.3% chance of winning, with over $605 million in volume and $267 million wagered, according to Polymarket’s data. In contrast, Democratic candidate and current Vice President The post Polymarket volume hits $2 billion with Trump leading […]

  • The Shifting Media Landscape
    by Tyler Durden on October 18, 2024 at 1:45 am

    The Shifting Media Landscape Authored by Jeffrey Tucker via The Epoch Times, Listening to an interview with journalist Megyn Kelly, I was startled to learn that her private media company beats the mainstream legacy networks in traffic and influence. She has six employees. When she was fired by NBC in 2018, she believed it was the end of her career. She went to dark places in her mind. But she bounced back with her own broadcasting […]

  • “She’s Not As Strong As Me”: Lip Reader Deciphers Biden-Obama Grumpy Old Men Chat
    by Tyler Durden on October 18, 2024 at 1:20 am

    “She’s Not As Strong As Me”: Lip Reader Deciphers Biden-Obama Grumpy Old Men Chat On Wednesday afternoon, cameras caught President Joe Biden and former President Barack Obama having a ‘vigorous’ discussion while attending Ethel Kennedy’s funeral. Kennedy died last Thursday at the age of 96 after having a stroke the previous week. Because their voices weren’t picked up by the camera, the internet got creative and made a few […]

  • North Carolina County Democratic Chair Resigns After Removing Trump Campaign Signs
    by Tyler Durden on October 18, 2024 at 12:55 am

    North Carolina County Democratic Chair Resigns After Removing Trump Campaign Signs Authored by Stephen Katte via The Epoch Times (emphasis ours), The chair of the Moore County Democratic Party in North Carolina has resigned after being arrested for removing 2024 campaign signs supporting Republican presidential nominee and former President Donald Trump. Yard signs showing support for former President Donald Trump in Cedar Rapids, […]

  • US CBP Agents Halt Some DJI Drone Imports Over ‘Forced Labor’ Concerns 
    by Tyler Durden on October 18, 2024 at 12:30 am

    US CBP Agents Halt Some DJI Drone Imports Over ‘Forced Labor’ Concerns  Chinese drone manufacturer SZ DJI TECHNOLOGY CO LTD., commonly known by many pilots as “DJI,” is the world’s largest drone maker. It produces billions of dollars worth of drones each year, which end up in the hands of US consumers, government agencies, and/or on the modern battlefield in Eastern Europe.  DJI is a privately held company. It has received […]

  • Election 2024: Those Who Lecture Versus Those Tired Of Being Lectured
    by Tyler Durden on October 18, 2024 at 12:05 am

    Election 2024: Those Who Lecture Versus Those Tired Of Being Lectured Authored by Victor Davis Hanson via American Greatness, The election is finally shaping up to be not only liberal Democrat Harris versus conservative Republican Trump. Instead, it has become a larger contest between those who talk down to their fellow Americans and those who are increasingly sick and tired of being lectured. How smart is it, for example, for […]

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  • Yemen Overtakes Afghanistan As The World’s “Least Peaceful” Nation
    by Tyler Durden on October 17, 2024 at 11:40 pm

    Yemen Overtakes Afghanistan As The World’s “Least Peaceful” Nation The Global Peace Index is a scoring system adopted by the Institute for Economics and Peace (IEP). It identifies and measures 23 different metrics that drive peace in a country. Every year the non-partisan group ranks 163 countries based on factors such as military expenditure, weapons imports and exports, political terror scale, deaths from internal and external […]

  • Grand Jury Indicts New Hampshire Supreme Court Justice Over Allegations Of Case Interference
    by Tyler Durden on October 17, 2024 at 11:15 pm

    Grand Jury Indicts New Hampshire Supreme Court Justice Over Allegations Of Case Interference Authored by Stephen Katte via The Epoch Times (emphasis ours), A New Hampshire Supreme Court Associate has been indicted by a grand jury for allegedly trying to interfere in an open investigation of her husband. The entrance to the Wisconsin Supreme Court chambers inside the state Capitol in Madison, Wis., on March 14, 2024. Todd […]

  • Billionaires’ Row Developer Buys Madison Ave. Office Tower For Condo Conversion
    by Tyler Durden on October 17, 2024 at 10:50 pm

    Billionaires’ Row Developer Buys Madison Ave. Office Tower For Condo Conversion Whether to tear down old office towers or convert them into multi-family residential structures involves a lot of consideration—including real estate values and zoning codes—and it’s important to note that some towers are not structurally supportive for conversion.  Developers have hired engineers to examine old towers across Manhattan and other […]

  • Deep Dive: The Election Will Decide President Trump’s Legal Fate
    by Tyler Durden on October 17, 2024 at 10:25 pm

    Deep Dive: The Election Will Decide President Trump’s Legal Fate Authored by Mike Davis via Unfazed and Determined (emphasis ours), For years, the Biden-Harris Justice Department, partisan Democrat state and local prosecutors, and private citizens—often funded by wealthy anti-Trump donors—have waged an unprecedented lawfare campaign against President Trump. We set out to provide a detailed update on the mind-boggling number of […]

  • Canada’s Trudeau Slammed Over “Black Justice” Proposal That Would Decriminalize Drugs, Empty Jails
    by Tyler Durden on October 17, 2024 at 10:05 pm

    Canada’s Trudeau Slammed Over “Black Justice” Proposal That Would Decriminalize Drugs, Empty Jails Canadian Prime Minister Justin Trudeau is being slammed by conservatives over recommendations he seeks to implement from a standing committee on “black justice” in Canada. The proposal will make crime worse in Canada, conservatives led by MP Jamil Jivani have argued.  Jivani challenged Liberal Diversity Minister Kamal Khera at a […]

  • Albert Einstein & The Folly Of Marxist Sympathies
    by Tyler Durden on October 17, 2024 at 9:45 pm

    Albert Einstein & The Folly Of Marxist Sympathies Authored by Kgatlhiso Darius Leshaba via The Mises Institute, In the year 1949, the first issue of the socialist publication Monthly Review was released. Within the collection of essays, one stood out in particular. Notably, its author was none other than Albert Einstein. Somewhat misleadingly titled “Why Socialism?” the essay reads more like a critique of capitalism […]

  • We’re Told This Is Progress, But It’s Actually Anti-Progress
    by Tyler Durden on October 17, 2024 at 9:05 pm

    We’re Told This Is Progress, But It’s Actually Anti-Progress Authored by Charles Hugh Smith via OfTwoMinds blog, We need a new definition of Progress, and a reset of the mythology guiding our descent into “Anti-Progress”. There’s a curious disconnect between our glorification of Technological Progress and our real-world experience. If we step outside the tent of relentless propaganda touting science-fiction fantasies come to […]

  • “The Case Is More Serious”: NYT Hid Extent Of Kamala Harris Plagiarism From Their Own Expert
    by Tyler Durden on October 17, 2024 at 8:45 pm

    “The Case Is More Serious”: NYT Hid Extent Of Kamala Harris Plagiarism From Their Own Expert Earlier this week journalist Chris Rufo revealed that Kamala Harris plagiarized giant sections of her book on crime, after famed Austrian “plagiarism hunter” Dr. Stefan Weber found that “Kamala Harris plagiarized at least a dozen sections of her criminal-justice book.” In response, the New York Times bent over backwards (and forwards) to […]

  • Netflix Stock Jumps After Beating Across The Board, Adding 5 Million New Subs
    by Tyler Durden on October 17, 2024 at 8:30 pm

    Netflix Stock Jumps After Beating Across The Board, Adding 5 Million New Subs Lots of eyes into NFLX earnings tonight, not only because it is the first “tech” company reporting, but because its stock has underperformed as of late post a big run YTD. According to Goldman, investors are looking for ~6mn subs in quarter, upside to FY FCF guide of ~6bn and then a revenue guide for 4Q that is inline-ish with the street (as a reminder, […]

  • Globalism And Freedom Do Not Mix
    by Tyler Durden on October 17, 2024 at 8:20 pm

    Globalism And Freedom Do Not Mix Authored by Jeffrey Tucker via The Epoch Times, Speaking with a friend about the migrant crisis in the United States, she made an interesting observation. Many of the most prosperous Western nations in the world today are facing the same problem. They are flooded with migrants who are overwhelming the system, infuriating the citizenry, adding fiscal burdens, disrupting public order, and leading to […]

  • Gold Hits New Record High; Dollar & Bond Yields Soar On ‘Good’-Data, ‘Trump-Trade’
    by Tyler Durden on October 17, 2024 at 8:00 pm

    Gold Hits New Record High; Dollar & Bond Yields Soar On ‘Good’-Data, ‘Trump-Trade’ ‘Soft’ (Philly Fed & NAHB) and ‘Hard’ data (Retail Sales, Initial Claims) improved today but manufacturing production shit the bed… Source: Bloomberg Ignoring the manufacturing slump, this data reinforced the ‘no landing’ narrative and pushed rate-cut expectations notably (hawkishly) lower… Source: Bloomberg Additionally, The Trump […]

  • Kamala Harris Celebrates Hamas Chief’s Killing, After Loudly Opposing Operation That Got Him
    by Tyler Durden on October 17, 2024 at 8:00 pm

    Kamala Harris Celebrates Hamas Chief’s Killing, After Loudly Opposing Operation That Got Him Update(1600): Kamala Harris is hailing Israel’s killing of Hamas Leader Yahya Sinwar. But last spring as the IDF was poised to expand its operations further south into Rafah, she was firmly against it. She had even warned of “consequences” (which of course never came). Throughout the more than year-long conflict the Biden-Harris […]

  • Russia Issues Forceful Warning Against Planned Israeli Strike On Iran
    by Tyler Durden on October 17, 2024 at 7:45 pm

    Russia Issues Forceful Warning Against Planned Israeli Strike On Iran Israeli security sources have told ABC News and CNN that Prime Minister Benjamin Netanyahu has approved a set of targets for retaliation strikes on Iran, considered imminent, following the Oct.1 major Iranian ballistic missile attack on Israel. Still, no timeline has been given—only that the attack is expected to be carried out before November 5th, election […]

  • McKinsey Nears $500 Million Settlement With DOJ Over Opioid Probe
    by Tyler Durden on October 17, 2024 at 7:25 pm

    McKinsey Nears $500 Million Settlement With DOJ Over Opioid Probe McKinsey is going to be paying “at least $500 million” to settle probes into the company about its role in helping opioid makers boost their sales.  The settlement would add to penalties McKinsey has already paid to U.S. states for its work with opioid manufacturers, according to Bloomberg.  In 2021, the firm agreed to pay hundreds of millions to settle claims it […]

  • If Trump Wins, Guess Who Will Be In Charge Of Certifying The Election?
    by Tyler Durden on October 17, 2024 at 7:05 pm

    If Trump Wins, Guess Who Will Be In Charge Of Certifying The Election? Authored by Michael Snyder via TheMostImportantNews.com, Do you know who will be in charge of certifying this election?  In January 2021, it was Vice-President Mike Pence, and we all remember how that turned out.  Well, an even more interesting scenario is shaping up this time around.  In January 2025, Vice-President Kamala Harris will be in charge of […]

  • After DEI Disaster, John Deere Announces More Layoffs Amid Worsening Farm Slump
    by Tyler Durden on October 17, 2024 at 6:45 pm

    After DEI Disaster, John Deere Announces More Layoffs Amid Worsening Farm Slump Illinois-based John Deere said a deepening farm slump has led to a drop in demand for its agricultural equipment, triggering a new round of layoffs across multiple US-based tractor factories. This also comes as Deere pulled back on disastours diversity, equity, and inclusion initiatives following conservative backlash and boycotts.  Local media […]

  • Nvidia’s New Open-Source AI Model Beats GPT-4o On Benchmarks
    by Tyler Durden on October 17, 2024 at 6:25 pm

    Nvidia’s New Open-Source AI Model Beats GPT-4o On Benchmarks Authored by Tristan Greene via CoinTelegraph.com, Nvidia unceremoniously launched a new artificial intelligence model on Oct 15 that’s purported to outperform state-of-the-art AI systems including GPT-4o and Claude-3.  According to a post on the X.com social media platform from the Nvidia AI Developer account, the new model, dubbed Llama-3.1-Nemotron-70B-Instruct, […]

  • Chinese Stocks Tumble After Latest Round Of Property Stimulus Is A Dud
    by Tyler Durden on October 17, 2024 at 6:05 pm

    Chinese Stocks Tumble After Latest Round Of Property Stimulus Is A Dud After a brief burst of hope that Beijing had finally learned its lesson to not parade with fake “big bazookas” meant to simply boost its stock market for a few days (allowing members of the nomenklatura to sell their holdings into the spike) but to follow through forcefully and with resolve, we regret to inform readers that nothing at all has changed, and China […]

  • Zelensky Unveils ‘Victory Plan’ But No Sign It Has Support From The West
    by Tyler Durden on October 17, 2024 at 5:45 pm

    Zelensky Unveils ‘Victory Plan’ But No Sign It Has Support From The West Authored by Dave DeCamp via AntiWar.com, Ukrainian President Volodymyr Zelensky addressed the Ukrainian parliament on Wednesday and unveiled his so-called “victory plan,” but there’s no sign any of Ukraine’s Western backers will support his proposals. Zelensky’s plan includes five points and three classified sections that he did not make public. The […]

  • SpaceX Sues California Over Political Targeting
    by Tyler Durden on October 17, 2024 at 5:05 pm

    SpaceX Sues California Over Political Targeting Authored by Eric Lendrum via American Greatness, On Tuesday, Elon Musk’s company SpaceX has filed a lawsuit against a California state agency over alleged political discrimination against the company. As reported by Politico, the lawsuit stems from the California Coastal Commission’s (CCC) decision to reject SpaceX’s plans to increase the number of experimental rocket […]

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