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California's Newsom Signs Memecoin Ban And Calls It 'The Opposite Of Trump'
California's Newsom Signs Memecoin Ban And Calls It 'The Opposite Of Trump'
Authored by Omkar Godbole via CoinDesk,
President Donald Trump has made millions from memecoins, but politicians in California don't have that chance anymore.
On Sunday, California's Governor Gavin Newsom signed a law that bans the state's public officials from issuing memecoins, or cryptocurrencies representing a famous personality, internet joke or viral trend rather than a specific use case.
The measure, AB 2409, was signed along with 10 other bills on corruption and consumer protection. Others set rules for paying back crypto...
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May 26, 2026 / Tyler Durden
Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets
Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets
Authored by Wolf Richter via Wolf Street,
The price drops are getting relentlessly steeper: In 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respective peaks between 2021 and 2024.
Each of the markets is shown in a chart below: 24 mindboggling charts, depicting breath-taking price explosions, especially from mid-2020 to mid-2022, exceeding 50%, 60%, or even 70% in just two years in some cities. In the 10 years to the peak,...
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Mar 24, 2026 / Tyler Durden
Islamic Symbol Erected On Mountain Overlooking Phoenix Destroyed
Islamic Symbol Erected On Mountain Overlooking Phoenix Destroyed
Religiously motivated vandalism that doesn't involve an attack on a Christian church? It's an incredibly rare occurrence in the US, despite the myths often spread by the progressive media. That said, it is likely to become far more frequent as clashes between the west and eastern ideologies continue to escalate.
Tempe police are investigating the destruction of a religious symbol placed on "A" Mountain (also known as Hayden Butte) for the Muslim holy month of Ramadan. Officers say a Muslim student group from...
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Sep 16, 2026 / Jason Ditz
Israel Accuses Lebanon Army Chief of Being in League With Hezbollah
Israel’s Channel 14 has reported that the Israeli government is accusing Lebanese Army Commander Gen. Rodolphe Haykal of directly coordinating operations with Hezbollah, raising concerns about coordination between the two nations during the ongoing Israeli invasion and occupation of southern Lebanon. These claims are undermining US-brokered efforts to try to get Israel to cede small […]
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