The Securities and Exchange Commission’s crypto crackdown continued Tuesday, with the financial regulator bringing new charges against another major cryptocurrency exchange, Coinbase. The new complaint alleges that, since at least 2019, Coinbase has served as a securities exchange, broker, and clearing agency but never registered as such with the SEC. …
Read More »The PGA Tour Probably Couldn't Beat LIV Golf, So They Joined Them
The PGA Tour has agreed to merge with its former rival, the Saudi-backed LIV Golf, in one of the wildest about-faces in professional sports. The new agreement will bring together the PGA Tour, LIV Golf, and the European Tour (also known as the DP World Tour), with the deal being …
Read More »SEC: Binance Exec Said Crypto Giant Was 'Operating as a Fking Unlicensed Securities Exchange in the USA Bro'
The Securities and Exchange Commission ramped up the pressure on Binance, bringing 13 charges against the world’s largest cryptocurrency exchange and its founder/CEO Changpeng “CZ” Zhao. Accusing Binance of misleading customers and misusing funds, the SEC said the company was able to control customer assets and move them around as …
Read More »He Was Lost At Sea. People Are Making Content Off His Viral Death
The family of Cameron Robbins remembers the Baton Rouge, Louisiana high school graduate as an intense, driven, funny, and kind-hearted son. But on the internet, the loss of the 18-year-old — after he jumped off of a cruise ship on an apparent dare — has gone from tragic accident to …
Read More »Death at a Frat-Boy Fight Night
T he evening of the fight, Nathan Valencia was nervous. It was the first time that Valencia, a member of Sigma Alpha Epsilon at the University of Nevada, Las Vegas had participated in Fight Night, the annual event hosted by rival fraternity Kappa Sigma. Like other frat functions, Fight Night …
Read More »More Than 200 Dead, 900 Injured in Train Crash in India
At least 233 people were killed and 900 injured after two passenger trains collided in the eastern Indian state of Odisha — the country’s deadliest rail accident in more than a decade, Reuters reported. The death toll is expected to increase,the state chief secretary, Pradeep Jena, stated in a tweet. …
Read More »Crypto's Richest Man Is Waiting Out the Chaos
T here was a moment, late last fall, when Changpeng Zhao seemed like the smartest guy in crypto. The news was sudden and definitive: Binance, Zhao’s international trading post, announced plans to buy its biggest rival, FTX, led by the young American Sam Bankman-Fried, or SBF. It looked like a …
Read More »Federal Judge Strikes Down Tennessee's 'Unconstitutional' Drag Bill
Over two months after Tennessee’s restrictive anti-drag law was scheduled to go into effect, a federal judge has blocked the bill, deeming it “unconstitutional.” In a ruling issued after midnight Friday, District Judge Thomas Parker wrote that “the Court finds that — despite Tennessee’s compelling interest in protecting the psychological …
Read More »9 Things We Learned About 'Street Fighter 6' From Its Creators
Street Fighter 6 is officially here and it’s very good. Fans agree with the game seeing record-breaking player numbers on day one. In a time when most non-Smash Bros. fighting games have waned in popularity behind larger live service and battle royale games, the latest entry in the storied franchise …
Read More »Great, Now I Have to Side With the Brands for Pride Month
Over the past decade or so, it’s been a casual sport among LGBTQ people (and allies) to mock brands for their cringe attempts at celebrating Pride Month. Although much of this marketing feels well-intentioned and harmless at worse, it’s ultimately self-serving: companies can look “progressive” by doing the bare minimum …
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