Reckless Provocations w/Scott Horton

The reaction to Joe Kent’s principled, patriotic resignation from the Office of National Intelligence—and the numerous MAGA obituaries that appeared shortly thereafter—seem to share in common the idea that Donald Trump’s decision to go to war on behalf of Israel is both (a) surprising and (b) will cause a fissure within the Republican Party from […]

IMF Panics, Warns Tokenization Could Bring Crypto Risks Into Global Financial Markets Authored by Francisco Rodrigues via CoinDesk.com, Tokenization could reshape finance by enabling instant settlement and cutting out intermediaries, and introduces new risks that regulators are not yet equipped to manage, the IMF said. Tokenization could amplify volatility through automated markets and smart contracts, the report said. The IMF called for clearer legal frameworks and stronger global coordination, warning that tokenized assets moving instantly across jurisdictions could complicate oversight and deepen financial fragmentation in the absence of proper regulation. Tokenization, the representation of...

Imminent SpaceX IPO Filing Ignites Rally Across Space-Linked Stocks News that SpaceX may file an initial public offering prospectus with the Securities and Exchange Commission this week or next sparked a rally across SpaceX-linked names, satellite broadband providers, space transportation firms, and even publicly traded closed-end funds that hold private SpaceX shares. The Information reports that SpaceX is set to file an IPO prospectus with the SEC this week or next, with plans for shares to begin trading on U.S. exchanges sometime in June. Wall Street advisers expect the offering to...