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  • Demand for high yield makes Ethena’s USDe third largest stablecoin
    by Oluwapelumi Adejumo on December 4, 2024 at 1:30 am

    Ethena’s synthetic USDe dollar has emerged as the fastest-growing USD-pegged stablecoin over the past 30 days after its market capitalization skyrocketed 73% to an all-time high of $4.77 billion. The surge has propelled USDe to become the third-largest stablecoin, surpassing DAI’s $4.7 billion market cap. However, USDe still lags behind Tether’s USDT at $135 billion The post Demand for high yield makes Ethena’s USDe third largest […]

  • TRON (TRX) reaches a new all-time high after nearly 7 years
    by Gino Matos on December 4, 2024 at 12:00 am

    TRON (TRX) reached a new all-time high at $0.41, nearly seven years after the first time it registered its last price peak, according to TradingView data. The new all-time high comes after a 81% price leap over the past 24 hours, making TRX the 10th largest crypto by market cap. TRX’s previous price record was The post TRON (TRX) reaches a new all-time high after nearly 7 years appeared first on CryptoSlate.

  • Grayscale files application to convert Solana trust into spot ETF
    by Assad Jafri on December 3, 2024 at 11:18 pm

    Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF). If approved, the ETF would trade under the ticker symbol GSOL on the New York Stock Exchange, offering investors The post Grayscale files application to convert Solana trust into spot ETF appeared first on […]

  • Former Celsius CEO Alex Mashinsky pleads guilty, agrees to 30 years in prison
    by Gino Matos on December 3, 2024 at 9:45 pm

    Alex Mashinsky, the former CEO of crypto lender Celsius, has pleaded guilty to two charges related to fraud and market manipulation, agreeing to a sentencing guideline of 30 years in prison.  Mashinsky was indicted in July 2023 on seven counts, including fraud, conspiracy, and manipulation of the market for Celsius’ token, CEL. Under the terms The post Former Celsius CEO Alex Mashinsky pleads guilty, agrees to 30 years in prison appeared […]

  • Coinbase cuts ties with law firms hiring ex-regulators linked to crypto crackdown
    by Assad Jafri on December 3, 2024 at 9:15 pm

    Coinbase CEO Brian Armstrong announced the exchange would sever ties with law firms that hire former regulatory officials linked to what he describes as “unlawful” actions against the crypto industry. Armstrong’s comments, made in a social media post on Dec. 3, follow news that former SEC Division of Enforcement Director Gurbir S. Grewal joined Milbank’s The post Coinbase cuts ties with law firms hiring ex-regulators linked to crypto […]

  • Marathon Digital buys wind farm in Texas, expands renewable energy push
    by Gino Matos on December 3, 2024 at 8:46 pm

    Bitcoin (BTC) miner Marathon Digital has announced the acquisition of a wind farm in Hansford County, Texas, to bolster its sustainability efforts.  The wind farm, which boasts 240 megawatts (MW) of interconnection capacity and 114 MW of nameplate wind capacity, will be the foundation for a new, sustainable data center.  Additionally, Marathon plans to develop The post Marathon Digital buys wind farm in Texas, expands renewable energy push […]

  • Neon EVM unveils Solana-native framework for Ethereum dApp integration
    by Assad Jafri on December 3, 2024 at 7:30 pm

    Neon EVM announced a transformative Solana-native framework, unveiling a suite of features aimed at integrating Ethereum-based decentralized applications (dApps) with Solana’s ecosystem. The new architecture, detailed in a comprehensive whitepaper published on Dec. 3, enables direct interaction between Solana wallets and Ethereum applications while leveraging Solana’s high-performance infrastructure. The release introduces key capabilities […]

  • Trump wants Paul Atkins to lead SEC but he is reluctant to clean Gensler’s ‘mess’
    by Gino Matos on December 3, 2024 at 6:59 pm

    President-elect Donald Trump’s rumored frontrunner for the SEC chair position, Paul Atkins, is reportedly reluctant to take on the role due to the daunting challenge of managing the agency’s current state, CoinDesk reported on Dec. 3, citing sources familiar with Atkins’ thinking. According to the report, Atkins views the position as unattractive, given the considerable effort The post Trump wants Paul Atkins to lead SEC but he is […]

  • Massive deleveraging stopped Bitcoin from breaking through $100k
    by Andjela Radmilac on December 3, 2024 at 3:20 pm

    While a bull rally correction has been anticipated, Bitcoin’s drop from its all-time high of $99,600 to $92,000 managed to wipe out a good chunk of optimism from the market. The pace of Bitcoin’s growth since the US presidential elections in November led many to expect BTC to break through the coveted $100,000 mark relatively The post Massive deleveraging stopped Bitcoin from breaking through $100k appeared first on CryptoSlate.

  • Bitcoin falls to $61k on South Korean exchanges as President declares martial law
    by Liam ‘Akiba’ Wright on December 3, 2024 at 2:30 pm

    Bitcoin’s price fell from $96,000 to $93,700 today after South Korean President Yoon Suk Yeol declared emergency martial law. The decline appears driven by selling pressure from South Korean won (KRW) trading pairs, where Bitcoin experienced sharper drops. On South Korean exchanges like Upbit, Bitcoin’s price plummeted to as low as $61,674, significantly below global The post Bitcoin falls to $61k on South Korean exchanges as President […]

  • Open Borders Have Created A Terror Attack Time Bomb In The US In 2025
    by Tyler Durden on December 4, 2024 at 4:25 am

    Open Borders Have Created A Terror Attack Time Bomb In The US In 2025 Authored by Brandon Smith via Alt-Market.us, If US security was represented as a great dam holding back a historic flood, today it would be a Chinese built Temu dam held together with paper mache and ramen noodles, ready to snap in half and kill a million people downstream. In 2024 there is no security: The public simply operates on blind faith that no one will […]

  • Ukraine Vows To Reject Any Alternative To NATO Membership
    by Tyler Durden on December 4, 2024 at 4:00 am

    Ukraine Vows To Reject Any Alternative To NATO Membership A new Ukrainian government statement has made clear the country will reject any alternative to NATO membership if it is proposed as part of a peace plan with Moscow. Reports of President-elect Trump’s peace plan say it hinges on security guarantees while indefinitely postponing Ukraine joining NATO (for at least 20 years). This is precisely what the Zelensky government is […]

  • House Oversight Report Supports Chinese Lab-Leak Theory For COVID-19 Origin
    by Tyler Durden on December 4, 2024 at 3:35 am

    House Oversight Report Supports Chinese Lab-Leak Theory For COVID-19 Origin Authored by Aldgra Fredly via The Epoch Times (emphasis ours), A Republican-led oversight subcommittee has concluded that the COVID-19 virus likely originated from a laboratory in Wuhan, China, following a two-year investigation into the pandemic. The House Oversight Select Subcommittee on the Coronavirus Pandemic released a 520-page report on Dec. 2, […]

  • US Won’t ‘Cry’ About The Pressure Syria Is Facing From Al-Qaeda-Linked Fighters: Sullivan
    by Tyler Durden on December 4, 2024 at 3:10 am

    US Won’t ‘Cry’ About The Pressure Syria Is Facing From Al-Qaeda-Linked Fighters: Sullivan Authored by Dave DeCamp via AntiWar.com,  National Security Advisor Jake Sullivan said on Sunday that the US will not “cry” over the pressure the Syrian government and its allies are facing from an offensive on Aleppo led by Hayat Tahrir al-Sham (HTS), an offshoot of al-Qaeda. Sullivan acknowledged that HTS was “a terrorist organization […]

  • Uranium Mining Revival Portends Nuclear Renaissance In Texas & Beyond
    by Tyler Durden on December 4, 2024 at 2:45 am

    Uranium Mining Revival Portends Nuclear Renaissance In Texas & Beyond Authored by Dylan Baddour via Inside Climate News (emphasis ours), In the old ranchlands of South Texas, dormant uranium mines are coming back online. A collection of new ones hope to start production soon, extracting radioactive fuel from the region’s shallow aquifers. Many more may follow. These mines are the leading edge of what government and industry […]

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  • “Very Unique” Russian Attack Submarine Spotted In South China Sea
    by Tyler Durden on December 4, 2024 at 2:20 am

    “Very Unique” Russian Attack Submarine Spotted In South China Sea The Philippine military deployed a navy ship and air force planes to shadow a Russian submarine, which passed through the South China Sea off the country’s western coast last week, a security official told AFP. One official said the navy was surprised to see the vessel because it was a “very unique submarine.” The Russian UFA 490 submarine identified itself about […]

  • Second Democrat Judge Reverses Decision To Create Judicial Vacancy After Trump Victory
    by Tyler Durden on December 4, 2024 at 1:55 am

    Second Democrat Judge Reverses Decision To Create Judicial Vacancy After Trump Victory Authored by Matthew Vadum via The Epoch Times (emphasis ours), A second Democrat-appointed federal judge has rescinded a decision to create a new judicial vacancy in the wake of President-elect Donald Trump’s election victory. Sen. Thom Tillis (R-N.C.) answers a journalist’s question during a press conference at the U.S. Embassy in Budapest, […]

  • Watch: US A-10 ‘Warthog’ Filmed Engaged In Attacks Over Eastern Syria
    by Tyler Durden on December 4, 2024 at 1:30 am

    Watch: US A-10 ‘Warthog’ Filmed Engaged In Attacks Over Eastern Syria A US Air Force A-10C “Warthog” Thunderbolt II Close-Air Support Aircraft has been filmed flying low and doing strafing runs over eastern Syria as fighting has broken out there in the wake of the fall of Aleppo to Hayat Tahrir al-Sham (HTS) jihadists. It appears that US-backed “Syrian Democratic Forces” (SDF) are clashing with pro-Syrian forces, including […]

  • Why It’s Time To Abolish The Department Of Education
    by Tyler Durden on December 4, 2024 at 1:05 am

    Why It’s Time To Abolish The Department Of Education Authored by Lane Johnson via The Mises Institute, Ryan McMaken makes a convincing case on Mises Wire for abolishing the Department of Homeland Security (DHS). But DHS is not the only executive branch cabinet department that has been occasionally mentioned as a candidate for elimination.  Aside from the US cabinet departments of State, Treasury, and Defense that date back to […]

  • Iran Ready To Send More Troops To Syria, But This Could Trigger Deeper Israeli Entry
    by Tyler Durden on December 4, 2024 at 12:40 am

    Iran Ready To Send More Troops To Syria, But This Could Trigger Deeper Israeli Entry Iranian Foreign Minister Abbas Araghchi announced Tuesday that Tehran is ready to consider sending more troops to Syria if the request is made by the Assad government in Damascus. “If the Syrian government asks Iran to send troops to Syria, we will consider the request,” Araghchi was quoted as saying by the Qatar-based outlet Al-Araby Al-Jadeed, […]

  • Universities Have A 2025 Rendezvous With Reality
    by Tyler Durden on December 4, 2024 at 12:15 am

    Universities Have A 2025 Rendezvous With Reality Authored by Victor Davis Hanson via American Greatness, Public confidence in universities has sharply declined due to rising costs, administrative bloat, ideological bias, student debt issues, and discrimination concerns… Universities have suffered a cataclysmic decline in public approval and support. A Gallup poll taken this year found that only 36 percent of Americans polled […]

  • Majority Supports Social Media Ban For Children
    by Tyler Durden on December 3, 2024 at 11:50 pm

    Majority Supports Social Media Ban For Children Australia has passed a social media ban for teenagers and children under the age of 16, which will apply to companies including Instagram, X and TikTok. The measure is intended to reduce the “social harm” done to young Australians and is set to come into force from late 2025. Tech giants will be up against fines of up to A$49.6 million ($32.5 million) if they do not adhere to […]

  • Democrat Staffer Carrying Ammunition Arrested At US Capitol
    by Tyler Durden on December 3, 2024 at 11:25 pm

    Democrat Staffer Carrying Ammunition Arrested At US Capitol Authored by Zachary Stieber via The Epoch Times (emphasis ours), Capitol Police officers arrested Michael Hopkins, a staffer for Rep. Joe Morelle (D-N.Y.) at the U.S. Capitol on Dec. 2. Officers manning a checkpoint saw on the X-ray screen what appeared to be ammunition in a bag being screened, the Capitol Police said. The U.S. Capitol building in Washington on Nov. 19, […]

  • Russia Flexes By Test-Firing Missiles In Eastern Mediterranean Drills As Syria Burns
    by Tyler Durden on December 3, 2024 at 11:00 pm

    Russia Flexes By Test-Firing Missiles In Eastern Mediterranean Drills As Syria Burns Russia’s military has announced Tuesday that it conducted major naval and air force drills in the eastern Mediterranean, off Syria’s coast, in the wake of Aleppo falling to Al-Qaeda linked jihadist insurgents, and at a moment the central Syrian city of Hama is coming under threat. Russia confirmed that it has “increased” its troop numbers stationed […]

  • Jury Begins Deliberation In Daniel Penny Trial
    by Tyler Durden on December 3, 2024 at 10:40 pm

    Jury Begins Deliberation In Daniel Penny Trial Authored by Michael Washburn via The Epoch Times, The jury in the trial of former Marine Daniel Penny began its deliberations on Dec. 3. The 12 men and women must now decide whether Penny’s actions were justified when he put Jordan Neely, a mentally ill homeless man, into a headlock on May 1, 2023, and wrestled him to the ground, or whether those actions crossed the line into […]

  • Meta Becomes Latest Tech Giant To Embrace Nuclear Power With Open Arms
    by Tyler Durden on December 3, 2024 at 10:20 pm

    Meta Becomes Latest Tech Giant To Embrace Nuclear Power With Open Arms We wrote back in early November that Mark Zuckerberg reportedly told Meta workers that plans to build an AI data center powered by nuclear energy were scrapped after rare bees were discovered on the proposed site. Now it looks like things could be back on track, according to new reporting from Axios, who writes that Meta is joining industry heavyweights like […]

  • Newsom’s Publicly-Funded War Chest: “Trump-Proofing” California Could Prove A Costly Option For Californians
    by Tyler Durden on December 3, 2024 at 10:00 pm

    Newsom’s Publicly-Funded War Chest: “Trump-Proofing” California Could Prove A Costly Option For Californians Authored by Jonathan Turley, California Gov. Gavin Newsom (D) is widely known to be angling to be the next Democratic presidential nominee after the implosion of Vice President Kamala Harris. This week, Newsom positioned not just his campaign but also his state as part of the “resistance” for the next four years against […]

  • Fani Full Release Ordered After Fulton DA Sat On RICO Records
    by Tyler Durden on December 3, 2024 at 9:40 pm

    Fani Full Release Ordered After Fulton DA Sat On RICO Records Fulton County District Attorney Fani Willis has been ordered by a local judge to release all communications between her office, Special Counsel Jack Smith’s office, and the January 6th Committee regarding her RICO case against President Donald Trump and his allies, after she was found to have violated federal law by withholding them. “The Court also hereby ORDERS […]

  • The Looming Debt Crisis: Is America Following The Path Of Collapsed Empires?
    by Tyler Durden on December 3, 2024 at 9:20 pm

    The Looming Debt Crisis: Is America Following The Path Of Collapsed Empires? Authored by Nick Giambruno via InternationalMan.com, Debt can topple even the most powerful empires. Whether it’s Rome, Spain, France, Britain, or the Soviet Union, excessive debt has played a critical role in their decline. The typical pattern in these examples of collapsing empires is: Stage #1: Empires achieve success and become overconfident. […]

  • US Steel Takeover By Japanese Company Will Be Blocked, Says Trump
    by Tyler Durden on December 3, 2024 at 8:25 pm

    US Steel Takeover By Japanese Company Will Be Blocked, Says Trump Authored by Naveen Athrappully via The Epoch Times (emphasis ours), President-elect Donald Trump said on Dec. 3 that he would prevent the acquisition of U.S. Steel Corp. by Japan’s Nippon Steel Corporation. “I am totally against the once great and powerful U.S. Steel being bought by a foreign company,” the president-elect said in a post on the social media […]

  • Will Microsoft Ride $5 Trillion Bitcoin Wave (Or Avoid Risk); PolyMarket Betters Skeptical
    by Tyler Durden on December 3, 2024 at 8:05 pm

    Will Microsoft Ride $5 Trillion Bitcoin Wave (Or Avoid Risk); PolyMarket Betters Skeptical Microsoft’s shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor’s pitch Orange Pill the tech giant? What are the stakes and risks? CoinTelegraph’s Daniel Ramirez-Escudero reports that next week, Dec. 10 will mark a key date for Microsoft and the Bitcoin community because the tech giant’s shareholders […]

  • South Korean President Announces Plan To Lift Martial Law In TV Address To Nation
    by Tyler Durden on December 3, 2024 at 8:03 pm

    South Korean President Announces Plan To Lift Martial Law In TV Address To Nation Watch Live:  AP News:  Reuters: *   *   *  Update (1115ET):  President Yoon Suk Yeol announced on local television that he would lift martial law hours after being rejected by South Korea’s National Assembly. This marks the largest flare-up in political turmoil in South Korea since full-scale martial law was declared in the […]

  • Why Government Intervention Is Fueling The Housing Disaster
    by Tyler Durden on December 3, 2024 at 7:45 pm

    Why Government Intervention Is Fueling The Housing Disaster Via SchiffGold.com, The United States is grappling with a severe housing affordability crisis that has persisted for years, leaving millions of Americans struggling to keep a roof over their heads. While some argue for increased government intervention, free market principles offer the most effective solution the issue. According to the National Alliance to End […]

  • DNC Official Reveals Obama, Pelosi “Did Not Want” Kamala Harris
    by Tyler Durden on December 3, 2024 at 7:05 pm

    DNC Official Reveals Obama, Pelosi “Did Not Want” Kamala Harris Authored by Julianna Frieman via Headline USA, Lindy Li, a member of the Democratic National Committee’s finance committee, revealed Sunday that former President Barack Obama and former House Speaker Nancy Pelosi opposed Vice President Kamala Harris becoming the 2024 presidential nominee. Referencing friends from Obama’s circle and her personal friendship […]

  • Stoli Vodka Files For Bankruptcy Amid Legal Feud With Russia
    by Tyler Durden on December 3, 2024 at 6:45 pm

    Stoli Vodka Files For Bankruptcy Amid Legal Feud With Russia The maker of iconic Stolichnaya vodka filed for bankruptcy following a crippling cyber attack in September and an ongoing legal feud with Russia over who owns the brand. As reported by the Post, the Stoli Group USA filed for Chapter 11 in US Bankruptcy Court in Dallas last week after a “malicious cyber-attack” forced the company to operate its global business manually […]

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