"I Am The House Now": Bessent Goes Full Judge Dredd On Yen Bears

"We Use Thicker Steel": Security Firm Fortifies HVAC Units Against Thieves Copper wiring, light poles, catalytic converters, copper gutters, and even Tesla charging cables have long been targets for thieves. But in crime-ridden metro areas governed by progressive or reformist socialist city halls that have adopted softer enforcement policies, where lefty prosecutors are perceived as unwilling to pursue property crimes, criminals have become increasingly emboldened. They have moved beyond stealing industrial metals to taking entire outdoor HVAC units, prompting some homeowners and businesses to install heavy steel security cages around their condensers. An...

Alleged White-Hat Hackers Withdraw 4,000 Bitcoin From Blockstream's Liquid Network Federation Reserves Authored by Juan Galt via BitcoinMagazine.com, The Liquid Network said Sunday that purported white-hat hackers withdrew about 4,000 bitcoin, worth about $320 million, from the federation wallet that backs L-BTC. Bridge nodes were disabled, and the sidechain was paused. Other issued assets, including USDT, DePix and RWAs, were unaffected, the official account said on X. The Liquid Network is a federated sidechain of Bitcoin, founded by Adam Back’s Blockstream. The Liquid chain issues a variety of assets such as LBTC, which...

AI Doom: A Brief History Of Bad Tech Predictions Go back three decades to 1995 when the Internet was just taking off and opinions proliferated about the future and impact of this novel creation: some said it would supercharge global productivity. Others said it would be no more useful than a fax machine. With the benefit of hindsight some 30 years later, we can say that the Internet debate has been settled, and as Deutsche Bank's Adrian Cox writes in a lengthy report published this week, it takes guts to do...