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JPMorgan Backs US Crypto Bill, But Puts Warning Label Front & Center As Senate Eyes August Deadline
JPMorgan Backs US Crypto Bill, But Puts Warning Label Front & Center As Senate Eyes August Deadline
Authored by Micah Zimmerman via BitcoinMagazine.com,
JPMorgan threw its support behind federal digital asset legislation Monday, but the bank’s message to Congress was as much a caution as an endorsement: get the framework right, or risk recreating the financial vulnerabilities regulation was designed to prevent.
In a joint op-ed, Umar Farooq, global co-head of JPMorgan Payments, and Peter Muriungi, CEO of Digital Assets and Blockchain Solutions, argued that the United States has a genuine opportunity to lead...
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May 20, 2026 / Tyler Durden
The Water Economics Of Data Centers V. Almond Farms & Golf Courses
The Water Economics Of Data Centers V. Almond Farms & Golf Courses
A recent Gallup poll shows that nearly 70% of Americans oppose the construction of a data center in their communities, highlighting the rise of local resistance movements against hyperscaler buildouts. This resistance is driven by concerns over skyrocketing power bills, the destruction of farmland as it is transformed into industrial-scale AI infrastructure, and fears that data centers will drain local resources, particularly water.
It's no surprise that data center resistance is only gaining steam and will likely accelerate from...
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Mar 21, 2026 / Tyler Durden
Trevor Milton Is Back And Wants To Produce AI Powered "Fully Autonomous Corporate Jets"
Trevor Milton Is Back And Wants To Produce AI Powered "Fully Autonomous Corporate Jets"
Trevor Milton, founder and former CEO of the now-bankrupt Nikola, is trying to mount a "comeback story".
Through social media, interviews, and bold public claims, Milton once convinced investors that Nikola was on the verge of delivering breakthrough technology with trucks. Now he's going to attempt the same in the aircraft business, according to a new report from the Wall Street Journal.
He has reemerged in the aviation sector through his involvement with SyberJet, a company focused on developing...
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May 13, 2026 / Kyle Anzalone
Report: Saudi Arabia Bombed Iranian-Linked Militias in Iraq
Saudi Arabia conducted airstrikes against Shiite militias with ties to Iran. According to Reuters, the Saudi attacks on Kataib Hezbollah occurred around April 7. Kuwait also launched rockets at Shiite militants in Iraq on at least two occasions. Iran responded to the strikes on its Iraqi allies with attacks on Gulf Arab states. The US […]
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