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Crypto Betting Market Proves to Be Fallible When Picking a Pope
It turns out the crypto betting market that was credited by many for its prescience in the last US presidential election isn't so great at picking popes.
$$ bloomberg.com — 1 day ago
LA to Host 2028 Olympic Opening Ceremony at Coliseum and SoFi
Los Angeles Mayor Karen Bass and Inglewood Mayor James Butts on Thursday announced an unprecedented dual-venue format for the 2028 Summer Olympic Games opening ceremony that will utilize both the Los Angeles Memorial Coliseum and SoFi Stadium.
$$ bloomberg.com — 1 day ago
LA Mayor Credits Trump on Fire Aid, Stays Wary on Immigration
Los Angeles Mayor Karen Bass is navigating one of her city's most challenging periods in decades. She's facing a nearly $1 billion budget shortfall, the long recovery from January's wildfires, and preparations for two of the world's largest sporting ...
$$ bloomberg.com — 1 day ago
Crypto-Backed Stablecoin Bill Blocked Amid Furor Over Trump Memecoin
Senate Democrats blocked stablecoin legislation backed by the digital assets industry amid a furor over President Donald Trump's extensive and growing portfolio of crypto ventures.
$$ bloomberg.com — 1 day ago
Bitcoin Miner Partnering With Trump's Sons Posts Revenue Decline
Bitcoin mining company Hut 8 Corp., which recently partnered with President Donald Trump's sons on a new venture, said its first-quarter earnings swung to a loss and revenue tumbled by more than 50%.
$$ bloomberg.com — 1 day ago
Bitcoin Tops $100,000 Amid an Easing of Global Trade Tensions
Bitcoin crossed the $100,000 threshold for the first time since February, fueled by expectations for an easing of global trade tensions.
$$ bloomberg.com — 1 day ago
SEC's Peirce Says Bitcoin ETF Approval Process Was 'Terribly Mismanaged'
Regulator Hester Peirce, known to many in the digital-asset industry as "Crypto Mom," has a message for her fans: be more patient.
$$ bloomberg.com — 1 day ago
Coinbase Buys Crypto Options Exchange Deribit for $2.9 Billion
Coinbase Global Inc. agreed to acquire Deribit, the world's largest exchange for Bitcoin and Ether options, for $2.9 billion as the biggest US crypto exchange makes a push into the derivatives market.
$$ bloomberg.com — 1 day ago
As Trump Reshapes Housing Policy, Renters Face Rollback of Rights
Amid a wave of deregulation, legal aid groups are worried about cuts to federal rental assistance and fair housing enforcement, especially for immigrant tenants.
$$ bloomberg.com — 1 day ago
SoftBank, Tether, Cantor Bring Financial Muscle in Crypto Gambit
When Michael Saylor transformed his long-fading software firm into a Bitcoin juggernaut in 2020, he pulled off one of the most successful corporate pivots in recent memory by weaponizing the sheer power of capital markets.
$$ bloomberg.com — 1 day ago
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