Article
Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit
Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit
Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price.
The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...
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Feb 27, 2026 / Tyler Durden
'Sense-Making Seems Impossible...'
'Sense-Making Seems Impossible...'
Authored by James Howard Kunstler,
The Man Who Might Wreck the Country
“That a government’s primary responsibility is to its citizens should not be a controversial proposition.”
- Coddled Affluent Professional on X
The zeitgeist is a rough beast, hard to ride as it slouches into the unknown.
Our country is trying to hang on while a party of goblins vexes and needles the beast from behind, and you cannot make them stop.
Sense-making gets to seem impossible.
We don’t have an explanation from Senate Majority Leader John Thune as to why he will...
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May 14, 2026 / Tyler Durden
Iranian Commandos Board & Seize Honduras-Flagged Ship Off UAE
Iranian Commandos Board & Seize Honduras-Flagged Ship Off UAE
It appears the Iranians have boarded and seized another ship in the Persian Gulf region - this time as the vessel was anchored off the coast of the United Arab Emirates, and while it was reportedly en route to Iranian territorial waters.
The UK Maritime Trade Operations (UKMTO) said Thursday that the vessel was seized by "unauthorized personnel", with the initial incident being reported about 38 nautical miles northeast of the UAE port of Fujairah.
via Reuters
The agency said the ship's company security...
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Apr 2, 2026 / Tyler Durden
Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage
Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage
Summary:
Colonial Pipeline's Line 1 flows were restored after the damaged section was repaired in Georgia.
Colonial Pipeline's Line 1 halted operations on Thursday night after a third-party work crew caused damage in Paulding County, Georgia.
Colonial Pipeline's Line 1 Flows Restart
The good news for U.S. East Coast drivers is that Colonial Pipeline's Line 1 did not suffer a prolonged shutdown.
Flows on the nation's largest gasoline pipeline, which runs from Texas to New York, resumed within hours after a third-party work crew damaged...
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