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News & Articles By Sterling Ashworth
09/21/2026
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By Sterling Ashworth
Polymarket Faces Alleged $10M Stolen-Card Fraud; CFTC Said to Investigate
Polymarket US, the federally regulated prediction market operated by QCX LLC, became the target of a stolen debit-card scheme in February that involved at least $10 million in attempted illicit withdrawals and wagers, according to a Sept. 19 report by The Wall Street Journal. The $10 million figure refers to the attempted movement of funds […]
09/17/2026
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By Sterling Ashworth
Economists Warn AI Bubble Shows Late-Stage Signs
The Western world economy is mired in a “late-stage bubble” driven by a massive misallocation of capital into artificial intelligence, according to an analysis by London-based research firm Capital Economics published this week and reported by Fortune. James Reilly, senior markets economist at Capital Economics, surveyed eight types of market indicators and found the vast […]
09/11/2026
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By Sterling Ashworth
Treasury Secretary Bessent Urges Senate to Pass Clarity Act
U.S. Treasury Secretary Scott Bessent issued a public appeal on Wednesday, Sept. 9, urging the Senate to pass the Clarity Act – a stalled digital asset market structure bill – when lawmakers return from recess next week. In a post on the social media platform X, Bessent said the legislation would stop “bad actors” from exploiting […]
09/08/2026
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By Sterling Ashworth
Liquid Network Sidechain Targeted By Alleged White-Hat Hackers
The Liquid Network – a federated sidechain of Bitcoin founded by Blockstream – reported Sunday, Sept. 6 that purported white-hat hackers withdrew approximately 4,000 bitcoin from the federation wallet that backs its L-BTC token, according to reports. The stolen amount was worth about $320 million at the time of the transaction. The official Liquid Network […]
08/26/2026
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By Sterling Ashworth
Bitcoin Tops $81,000 as Dollar Weakens, Raising Questions About “Debasement Trade”
Bitcoin surged past $81,000 on Monday, its highest price since January, before pulling back to trade near $79,098 on Tuesday morning in New York, according to market data. The 23% weekly gain coincided with a U.S. Treasury announcement that it would at least double the size of its liquidity-support buyback operations, a move that has […]
08/25/2026
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By Sterling Ashworth
Nvidia Price Hikes Hit Hyperscalers as Memory Costs Surge, Driving AI Infrastructure Inflation
Nvidia has informed its largest hyperscaler customers – including Microsoft, Google and Oracle – of a planned 15% price increase on Vera Rubin and Grace Blackwell processors, according to sources cited by Bloomberg. The increase, reported to take effect next year, is being driven by rising memory costs and supply constraints at Taiwan Semiconductor Manufacturing […]
08/22/2026
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By Sterling Ashworth
Coinbase CEO: Bitcoin “Very Likely” to Reach $400,000 by 2030
Coinbase Global Inc. Chief Executive Officer Brian Armstrong said Thursday, Aug. 20, that Bitcoin will “very likely” trade between $300,000 and $400,000 by 2030. Armstrong made the remarks during his appearance that day on Fox Business Network‘s “Varney & Co.” The projection came one day after President Donald Trump hosted crypto executives at the White […]
08/20/2026
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By Sterling Ashworth
Bitcoin Passes $68,000 After U.S. Treasury Doubles Debt Buybacks
Bitcoin rose above $68,000 on Wednesday, gaining nearly 3 percent in a 24-hour period after the U.S. Treasury Department announced it would more than double the size of its government debt repurchases, according to price data cited by Bitcoin Magazine. Bitcoin traded at $68,473 at 10:30 a.m. in New York after briefly touching $68,982, the […]
08/16/2026
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By Sterling Ashworth
Bloomberg: Phoebe Gates Knew About Shopping App’s “Cookie Stuffing” Scheme
Phoebe Gates, daughter of Microsoft co-founder Bill Gates, was aware for months that her shopping startup Phia was collecting affiliate commissions on sales it did not generate, according to Bloomberg. Internal Slack messages and source code reportedly showed that the younger Gates and co-founder Sophia Kianni knew about the practice, known as “cookie stuffing,” before […]
08/16/2026
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By Sterling Ashworth
White House Allows TikTok on Government Devices, Reversing 2022 Ban
Federal employees can once again use TikTok on their government-issued devices, according to a Department of Justice (DOJ) memorandum released July 17 [1]. On Aug. 10, the Office of Management and Budget (OMB) issued a memorandum to heads of executive departments and agencies stating that “TikTok may be used on government devices,” according to The […]
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