Author: Editor

In brief The Bank of England proposal would cap stablecoin holdings at £10,000-£20,000 for individuals and £10 million for businesses. A Coinbase executive said the caps would be “bad for UK savers, bad for the City and bad for sterling.” Banking officials in the U.S. have also raised concerns about the market impact of stablecoins....

California lawmakers are shutting the door on delta-8 and delta-10 THC entirely, while other intoxicating hemp products will no longer be sold in smoke shops, gas stations and convenience stores in the name of public health and safety.Pending Gov. Gavin Newsom’s signature, Assembly Bill 8 will outlaw synthetic cannabis products and inhalable cannabis products containing...

Kentucky’s top medical marijuana regulator said he expects that dispensary shelves will be stocked with products ready for sale to patients by next month. Two of the state’s 16 medical cannabis cultivators are now operational, according to Cannon Armstrong, executive director of Kentucky’s Office of Medical Cannabis (OMC). “If everything goes according to plan for...

Martin Suarez is the only deep-undercover FBI agent in history to have infiltrated a Colombian drug cartel. In 1988, he transformed into “Manny” and became a high-level smuggler for Pablo Escobar’s Medellín Cartel. Over the next four years, he smuggled $1 billion worth of cocaine into the United States — all of which was eventually...

In brief PayPal launched PayPal Links, a peer-to-peer payment tool for messaging apps that will soon support transfers of Bitcoin, Ethereum, PayPal’s PYUSD stablecoin, and other tokens. The program will first roll out in the U.S. before expanding to the U.K., Italy, and other markets later this month. Crypto transfers between friends and family on...

Trade tensions between China and the U.S. regarding semiconductors just got even more strained. On Monday, China’s State Administration for Market Regulation ruled that semiconductor giant Nvidia was in violation of the country’s antitrust regulations, as first reported by Bloomberg. The ruling was in reference to Nvidia’s 2020 acquisition of Mellanox Technologies, a computer networking supplier, for $7 billion. An Nvidia spokesperson supplied the following statement, “We comply with the law in all respects. We will continue to cooperate with all relevant government agencies as they evaluate the impact of export controls on competition in the commercial markets.” China didn’t…

Bitcoin has gained 7% since the start of September, showing renewed strength after weeks of uneven price action. Yet, the market is bracing for heightened volatility in the coming days as attention shifts to this Wednesday’s Federal Reserve meeting. Investors widely expect a rate cut, but the size of the move remains the key question shaping sentiment. Related Reading If the Fed opts for a 25 basis point cut, many analysts see it as a measured and healthy pivot that could support risk assets, including Bitcoin, without sparking fears of deeper economic weakness. Such a move would likely reinforce confidence…

At TechCrunch Disrupt 2025, October 27–29 in San Francisco, industry leaders will explore how founders can build lasting companies while navigating rapid shifts in AI, markets, and consumer behavior. Catch this dynamic panel on the Going Public Stage, where three seasoned leaders will explore how AI is transforming go-to-market (GTM) strategies from the inside out. Meet the speakers Meet the speakers Nirav Tolia, CEO, president, and co-founder of Nextdoor, leads one of the most recognized community platforms in tech. He previously co-founded Epinions.com, served as COO at Shopping.com, and is non-executive chair at Hedosophia. Jane Alexander, partner at CapitalG, brings…

The shocking and apparently random fatal stabbing of 23-year-old Ukrainian refugee Iryna Zarutska on a train in Charlotte, North Carolina, on Aug. 22 has inflamed already furious debates over race and crime in U.S. cities. This uproar comes at a particularly perilous moment, with the Trump administration widening its National Guard deployments across the nation...

In brief The Chargers are favored, but the line is tight: L.A.’s a ~3.5-point favorite, moneyline at about −185, and the Over/Under set near 46.5. Markets expect a win by the Chargers, but not a blowout.  Sharp money wagers are driving line movement toward Chargers −3.5. A number of analysts lean toward Raiders +3.5...