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Morgan Stanley Adds $15M in Bitcoin as Institutional Buying Persists
As Bitcoin struggled to maintain support below $65,000, Morgan Stanley’s spot Bitcoin ETF executed a strategic acquisition of 232.5 BTC. The $15.05 million purchase pushed the fund’s total holdings past 6,500 BTC for the first time, signaling a continued appetite for digital assets among institutional investors despite broader market volatility.
Senate tees up CLARITY Act for September floor vote
Senate Majority Leader John Thune filed a procedural motion late Friday to move the CLARITY Act to the floor immediately upon the chamber’s return from August recess. The move sets the stage for a critical 60-vote threshold test, though deep partisan divisions over regulatory oversight and stablecoin rewards remain unresolved.
Aztec Bridge Exploiter Moves Additional 300 ETH to Tornado Cash
A digital wallet tied to the June exploit of Aztec’s Private Rollup Bridge has funneled another 300 ETH into the Tornado Cash mixer. The move brings the total volume of stolen funds routed through the privacy service by this specific address to 500 ETH, valued at roughly $953,000.
Coinbase CEO Sees Crypto Growth Beyond Congressional Gridlock
The Senate’s decision to push the CLARITY Act vote until September has stalled federal policy, yet Coinbase CEO Brian Armstrong insists the industry’s momentum remains decoupled from the legislative calendar. Despite the delay, he points to surging stablecoin usage and institutional tokenization as the primary drivers of current market adoption.
Former UN Aid Chief Labels Gaza Conflict 'Worst Crime of the Century'
Martin Griffiths, the former United Nations undersecretary-general for humanitarian affairs, has publicly characterized the ongoing war in Gaza as a genocide. Speaking in a recent interview, he argued that the systematic starvation and destruction in the strip represent the most severe atrocity observed during the 21st century.
New York Times Clarification on Gazan Child Sparks Backlash
After facing intense pressure from Israeli officials and media watchdogs, The New York Times issued a clarification regarding a report on a malnourished Palestinian toddler, citing his preexisting medical condition. The decision has ignited a fierce debate over journalistic integrity and the framing of the humanitarian crisis in Gaza.
The Gaza Famine Denial Campaign
Conflict lead: Israeli officials and their international allies are now dismissing the reality of the Gaza famine as a hoax, citing a recent UNICEF report while ignoring the agency’s own warnings about the severe limitations of their data in a war-torn territory where access remains largely controlled by the military.
UN Food Expert Accuses Israel of Using Starvation as Genocide
A top United Nations human rights official has leveled a grave accusation against Israel, claiming the intentional starvation of Palestinians in Gaza constitutes an act of genocide. Michael Fakhri, the U.N. special rapporteur on the right to food, argues that the systematic destruction of food infrastructure is a deliberate war crime.
Human Rights Watch Accuses Israel of Using Starvation as a Weapon
The Israeli government is deliberately and systematically obstructing food aid to the Gaza Strip, effectively starving children to death, according to a report released Tuesday by Human Rights Watch. The findings, based on medical accounts and family testimony, frame the blockade as a direct violation of international law.
DuckDuckGo Mocks Meta with Tech-Free Anti-Surveillance Glasses
As Meta faces intensifying backlash over its AI-powered smart glasses, privacy-focused browser DuckDuckGo has launched a tongue-in-cheek alternative: a pair of matte black frames that do nothing but block the sun. The $35 shades sold out within a week, highlighting a growing public appetite for tech-free personal privacy.
New Mexico Judge Slaps Meta With $567 Million Fine Over Youth Harm
A First Judicial District judge has ordered Meta to pay $567 million in additional penalties, citing the tech giant's role in fueling a youth mental health crisis. The ruling follows a March jury verdict, bringing the total financial burden for the company in New Mexico to nearly $1 billion.
New Mexico Jury Orders Meta to Pay $375 Million Over Child Safety
A New Mexico state jury has ordered Meta to pay $375 million in civil penalties, finding the social media giant liable for prioritizing profits over the safety of children. The verdict follows a seven-week trial where prosecutors argued that the company knowingly ignored internal warnings about the harm its platforms inflict on minors.
MaineHealth Closes Key Maternity Unit Amid Growing Rural Care Crisis
The MaineHealth board voted Thursday to shutter the labor and delivery department at Lincoln Hospital, effectively creating a maternity desert across three counties. The decision, which follows months of intense grassroots opposition, marks the 12th such closure in the state since 2015 and has reignited calls for nationalized healthcare reform.
US Treasury targets crypto exchanges over Iran sanctions evasion
The U.S. Treasury’s Office of Foreign Assets Control has sanctioned crypto exchanges Shelbit and Aban Tether, alleging they facilitated millions in illicit transactions for the Islamic Revolutionary Guard Corps. The move represents a significant escalation in Washington’s campaign to block Tehran’s access to international financial markets through digital assets.
Troy Jackson Accuses Susan Collins of Political Theater Over Blanche Vote
Democratic Senate candidate Troy Jackson is calling out Senator Susan Collins for what he describes as a calculated shell game. Jackson claims Collins' public opposition to the confirmation of Todd Blanche for attorney general is a hollow gesture designed to appeal to Maine voters without actually affecting the outcome.
CFTC cracks down on sports-betting style displays in prediction markets
The Commodity Futures Trading Commission has directed regulated prediction markets to abandon American-style gambling odds, signaling a hardening stance against platforms that mimic conventional sportsbooks. This regulatory push arrives as state authorities intensify legal efforts to classify event-based contracts as unlicensed betting, bypassing federal derivatives law.
SharpLink Challenges Ethereum Proposal to Eliminate Staking Rewards
SharpLink CEO Joseph Chalom has publicly opposed a proposal to phase out issuance-based staking rewards on the Ethereum network, warning that the move could erode the asset's institutional appeal and destabilize the broader decentralized finance ecosystem by effectively raising capital costs.
States Sue to Block Federal Wind Power Buyout
A coalition of seven state attorneys general launched a legal challenge Tuesday against the Trump administration, seeking to invalidate a $928 million taxpayer-funded agreement that incentivizes TotalEnergies to abandon major offshore wind projects in favor of fossil fuel infrastructure.
Trump Administration Halts Five Major Offshore Wind Projects
The U.S. Department of the Interior has ordered an immediate pause on five major offshore wind farms along the East Coast, citing national security concerns. Officials claim that turbine blades and reflective towers create radar interference, a move that critics describe as a calculated strike against the renewable energy sector.
Trump Administration Pays $1 Billion to Halt Offshore Wind Projects
The Trump administration has finalized a deal to pay nearly $1 billion to French energy giant TotalEnergies, effectively incentivizing the company to abandon its offshore wind leases. The agreement redirects the firm’s focus toward expanding fossil fuel production in states like Texas instead of developing renewable energy off the East Coast.
Senate Pushes CLARITY Act to September Amid Bipartisan Impasse
Senate Majority Leader John Thune has postponed the long-anticipated vote on the CLARITY Act until September, effectively ending efforts to move the crypto market structure bill before the August recess. The delay leaves critical questions regarding illicit finance, stablecoin regulation, and ethics oversight unresolved as negotiations continue through the break.
RWE Abandons Offshore Wind Projects in $1.22 Billion Settlement
German energy giant RWE has agreed to relinquish its offshore wind leases off the coasts of New York, California, and Louisiana, securing a $1.22 billion settlement with the U.S. Department of the Interior that effectively redirects the company’s capital toward fossil fuel infrastructure projects.
SpaceX Stock Surges 14% as Insider Selling Fears Dissipate
SpaceX shares climbed 14.09% to $131.06 on Friday, defying investor anxiety over a massive influx of newly eligible insider shares. The rally, which extended a 6.1% gain from the previous session, marks a significant recovery from August lows as the company successfully navigated its first major post-IPO lockup expiration.
Bybit Files Federal Lawsuit Against North Korea Over $1.5B Hack
In an unprecedented move to recover stolen assets, Bybit has launched a civil lawsuit in Washington, D.C., against the Democratic People’s Republic of Korea, its Reconnaissance General Bureau, and the notorious Lazarus Group following the record-breaking $1.5 billion cryptocurrency theft that crippled the exchange in February 2025.
Trump Administration Slashes Review Times for Fossil Fuel Projects
The Trump administration is fast-tracking oil and gas development by slashing federal review timelines to just 28 days, a move justified by the president’s declaration of a national energy emergency that critics argue bypasses essential public oversight and threatens protected lands across the United States.
DOJ Targets State Climate Laws Under Trump Energy Emergency Order
The U.S. Department of Justice launched a legal offensive against four states this week, citing a declared national energy emergency to block local efforts to hold fossil fuel giants accountable for climate-related damages. Critics describe the move as a strategic maneuver to shield industry players from rising state-level litigation.
US Renewable Energy Hits Record Highs Despite Federal Policy Rollbacks
Renewable energy production has reached historic milestones across the United States, defying a federal administration committed to dismantling clean power initiatives. In May, solar and wind power surged to unprecedented levels, with solar energy outpacing coal generation nationwide for the first time as several states reported renewables providing the majority of their electricity.
Solar Power Overtakes Coal in US Energy Milestone
In a significant shift for the American energy grid, solar power outpaced coal for the first time in May, supplying 12.8% of the nation's electricity compared to coal’s 12.2%. This milestone arrives despite a series of aggressive federal initiatives aimed at propping up the declining fossil fuel industry.
US Fossil Fuel Handouts Reach $34.8 Billion Under New Budget Law
A new report from Oil Change International reveals that the US government is funneling $34.8 billion into the fossil fuel industry this year, a figure poised to climb further due to the recent "One Big Beautiful Bill Act" signed by President Donald Trump.
Appeals Court Blocks Construction of Trump’s White House Ballroom
A federal appeals court ruled Friday that Donald Trump must halt most construction on his $400 million White House ballroom project. In a 2-1 decision, the court affirmed that the president acts as a temporary tenant of the executive residence and lacks the authority to modify the property without congressional approval.