NATO Rules Out Role in Strait of Hormuz Blockade, Rebuking Trump

An Israeli airstrike in Gaza on Monday hit a rooftop in Gaza City and killed a nurse, Mohamed al-Habeel, and his young son, Mousa, as the IDF continues its constant violations of the US-backed ceasefire deal. According to Drop Site News, al-Habeel was an emergency room nurse at al-Shifa Hospital, and his son Mousa was […]

Did META Just Hint At Cracks In the AI CapEx Boom? If you're wondering why the Nasdaq is suddenly tumbling this morning, wonder no more... Nasdaq moves lower after Meta announces it is to build a cloud business to sell its excess AI compute, weighing on cloud peers like AMZN, ORCL, MSFT and chip and memory names like NVDA, MU, INTO. As Bloomberg reports: Meta, which has been rushing to secure expensive data centers and other infrastructure to fuel its own artificial intelligence ambitions, is forming a business to generate revenue from...

UK Adopts 'No Gain, No Loss' Tax Treatment For Crypto Lending And Liquidity Pools Authored by Micah Zimmerman via BitcoinMagazine.com, The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,” deferring Capital Gains Tax until a user makes an economic disposal of the underlying cryptocurrency. The measure, published Monday, takes effect 6 April 2027 and applies to individuals and trustees who enter cryptoasset loan and liquidity pool arrangements, according to the policy paper.  It amends the Taxation of Chargeable Gains Act 1992. The rules cover three scenarios....