In brief Rep. Thomas Massie plans legislation that would withhold federal funding from agencies deploying Flock cameras. Local governments from California to …
backlash
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Markets
Polymarket pulls controversial Iran rescue markets after intense backlash
by shayaanby shayaanPrediction markets face rising regulatory pressure, with congressional Democrats proposing legislation to ban contracts tied to elections, war and government actions. www.coindesk.com
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Finance
DOL move to open 401(k)s to crypto and private assets sparks praise and backlash
by shayaanby shayaanDOL plan to let 401(k)s hold crypto and private funds could unlock trillions in new demand while triggering sharp warnings over fees, …
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Smart Contracts
Elon Musk’s Grok Faces UK Backlash After AI Posts Mock Football Tragedies
by shayaanby shayaanIn short Grok generated vulgar posts about football tragedies after users asked him not to “hold back.” Liverpool and Manchester United complained …
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In brief Polymarket has archived a nuclear detonation market hours after posting the odds on X. Analyst Dustin Gouker warns war betting …
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A heated free speech debate erupted online. After tech figures pushed back against calls for tighter control over social media algorithms. The …
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Markets
Bithumb $43 Billion Bitcoin Blunder Triggers Political Backlash In South Korea
by shayaanby shayaanSouth Korean lawmakers are ramping up pressure on financial regulators after a system failure at Bithumb, the country’s largest cryptocurrency exchange, led …
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Markets
Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off
by shayaanby shayaanUsual Protocol, an up-and-coming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past months, faced community backlash on …
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Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. …
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Scams
Justin Sun Still Plans to Buy 100,000 Bananas After Art Auction Backlash
by shayaanby shayaanAfter purchasing a duct-taped banana at auction for $6.24 million last week, crypto billionaire Justin Sun announced he would reward the banana’s …