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Bitcoin flies to new all-time highs, briefly topping $118,000 as institutions pile into ETFs

cnbc.com Tanaya Macheel 2025-07-29 08:15:03

In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT watch now Bitcoin extended its rally on Friday, rising to new records overnight after bitcoin ETFs saw their biggest day of inflows of the year. The price of the flagship cryptocurrency was last higher by 4% at $117,955.25, according to Coin Metrics. Earlier, it rose as high as $118,872.85. Ether rose 6%, crossing back above the $3,000 level for the first time since February. On Thursday, bitcoin ETFs logged their biggest

Topics: bitcoin etfs ether federal inflows

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Pa. House passes 'click-to-cancel' subscription bills

news.ycombinator.com Zack Hoopes 2025-07-30 00:19:13

The state House has passed a pair of bills aimed at tamping down on dubious subscription services — just as a federal court moved to throw out similar rules proposed by federal regulators. Earlier this month, the House approved a bill cracking down on so-called “negative option” agreements in which consumers are automatically enrolled in a service unless they opt out. This week, the chamber also cleared a second bill requiring that subscriptions or memberships made online must also be able to b

Topics: bills ciresi federal said state

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Bitcoin flies to new all-time highs, topping $118,000 as institutions pile into ETFs

cnbc.com Tanaya Macheel 2025-07-31 01:19:15

On Thursday, bitcoin ETFs logged their biggest day of inflows of 2025 at $1.18 billion. Ether ETFs recorded their second-biggest day of inflows ever at $383.1 million, according to SoSoValue. The price of the flagship cryptocurrency was last higher by 4% at $118,396.01, according to Coin Metrics. Earlier, it rose as high as $118,872.85. Ether rose nearly 7% to trade back above the $3,000 level for the first time since February. Bitcoin extended its rally on Friday, rising to new records overni

Topics: bitcoin etfs ether federal inflows

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This Is DOGE 2.0

wired.com Makena Kelly 2025-08-02 08:30:00

On Monday, June 23, Edward “Big Balls” Coristine, one of the first young, inexperienced technologists to join Elon Musk’s so-called Department of Government Efficiency (DOGE), disappeared from the internal directory of the General Services Administration (GSA). Less than a month before, centibillionaire Elon Musk and other DOGE leaders had announced their departure from government. After months of slashing through the federal government, it seemed like the end for DOGE was in sight. But later t

Topics: doge federal government musk says

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SpaceX crane collapse in Texas being investigated by OSHA

cnbc.com Lora Kolodny 2025-08-22 19:27:43

The SpaceX Starbase industrial complex and rocket launch facility in Boca Chica, Texas, US, on Thursday, April 17, 2025. A SpaceX crane collapse at the company's Starbase, Texas facility on Tuesday has prompted an investigation by the Occupational Safety and Health Administration, the federal agency told CNBC in an email. The crane collapse was captured in a livestream by Lab Padre on YouTube, a SpaceX-focused channel. Clips from Lab Padre were widely shared on social media, including on X, wh

Topics: company federal musk nasa spacex

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Media Matters is suing the FTC to block investigation into X advertiser boycott

engadget.com Unknown 2025-08-30 03:45:15

Media Matters for America has sued the US Federal Trade Commission, claiming that the agency is unfairly targeting it in retaliation for past criticisms of the social media platform X in violation of the organization's First Amendment rights. It's the latest move in the ongoing hostilities between the nonprofit media watchdog and X owner Elon Musk. "The Federal Trade Commission seeks to punish Media Matters for its journalism and speech in exposing matters of substantial public concern—includin

Topics: commission federal matters media musk

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CISA warns of attackers exploiting Linux flaw with PoC exploit

bleepingcomputer.com Unknown 2025-09-07 04:54:48

CISA has warned U.S. federal agencies about attackers targeting a high-severity vulnerability in the Linux kernel's OverlayFS subsystem that allows them to gain root privileges. This local privilege escalation security flaw (CVE-2023-0386) is caused by a Linux kernel improper ownership management weakness and was patched in January 2023 and publicly disclosed two months later. Multiple proof-of-concept (PoC) exploits were also shared on GitHub starting in May 2023, making exploitation attempts

Topics: 2023 cve federal kernel linux

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Cybersecurity takes a big hit in new Trump executive order

arstechnica.com Unknown 2025-09-08 04:33:01

Cybersecurity practitioners are voicing concerns over a recent executive order issued by the White House that guts requirements for: securing software the government uses, punishing people who compromise sensitive networks, preparing new encryption schemes that will withstand attacks from quantum computers, and other existing controls. The executive order (EO), issued on June 6, reverses several key cybersecurity orders put in place by President Joe Biden, some as recently as a few days before

Topics: agencies contractors cybersecurity federal software

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CBP's Predator Drone Flights Over LA Are a Dangerous Escalation

wired.com Lily Hay Newman 2025-09-13 12:48:50

On Wednesday, United States Customs and Border Protection confirmed to 404 Media that it has been flying Predator drones over Los Angeles amid the LA protests. The military drones, a CBP statement said, “are supporting our federal law enforcement partners in the Greater Los Angeles area, including Immigration and Customs Enforcement, with aerial support of their operations.” State-level law enforcement agencies across the US use various types of drones and other vehicles, like helicopters, to c

Topics: cbp drones federal military predator

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U.S. Government Removing EV Chargers From All Federal Buildings Because They Are ‘Not Mission-Critical’

gizmodo.com Thomas Maxwell 2025-06-01 12:05:44

As part of its continued efforts to own the libs, or get rid of anything President Trump does not like or understand, the General Services Administration is gearing up to remove electric chargers from all federal properties nationwide. The agency says the hundreds of chargers and estimated 8,000 plugs available for federal workers to charge their cars are “not mission critical.” The agency, which manages buildings owned by the federal government as well as vehicles, will also offload any EVs pur

Topics: chargers federal musk president trump

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The GSA is shutting down its EV chargers, calling them ‘not mission critical’

theverge.com Andrew J. Hawkins 2025-06-01 12:49:43

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. The General Services Administration (GSA), which manages buildings owned by the federal government, is planning to shut down all of its electric vehicle chargers nationwide, describing them as “not mission critical.” The agency, which manages contracts for the government’s vehicle fleets, is also looking to offload newly pu

Topics: chargers evs federal government gsa

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Elon Musk's DOGE reportedly cuts staff at agency that regulates Elon Musk's Tesla

engadget.com Unknown 2025-06-01 14:36:18

Elon Musk's chainsaw has been swinging through the federal government over the last few weeks, with his Department of Government Efficiency (DOGE) chopping down budgets and excising staff at a number of agencies. Among those affected is the National Highway Traffic Safety Administration (NHTSA), which is said to be losing about 10 percent of its relatively small headcount through buyouts and firings. According to The Washington Post , between 70 and 80 people are departing the agency, which is

Topics: employees federal government safety small

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DOGE puts $1 spending limit on government employee credit cards

news.ycombinator.com Zoë Schiffer 2025-06-01 12:10:08

Elon Musk’s so-called Department of Government Efficiency put a $1 spending limit on most credit cards belonging to employees and contractors of the General Services Administration—a critical agency that manages IT and office buildings for the US government—along with at least three other federal agencies. Similar restrictions are expected to roll out to the entire government workforce soon, according to several sources familiar with the matter. “Effective immediately, all GSA SmartPay Travel a

Topics: agencies doge federal government gsa

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DOGE Puts $1 Spending Limit on Government Employee Credit Cards

wired.com Zoë Schiffer 2025-06-01 08:57:48

Elon Musk’s so-called Department of Government Efficiency put a $1 spending limit on most credit cards belonging to employees and contractors of the General Services Administration—a critical agency that manages IT and office buildings for the US government—along with at least three other federal agencies. Similar restrictions are expected to roll out to the entire government workforce soon, according to several sources familiar with the matter. “Effective immediately, all GSA SmartPay Travel a

Topics: agencies doge federal government gsa

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USDA Layoffs Derail Projects Benefiting American Farmers

wired.com Matt Reynolds 2025-06-01 10:30:44

The widespread layoff of Department of Agriculture scientists has thrown vital research into disarray, according to former and current employees of the agency. Scientists hit by the layoffs were working on projects to improve crops, defend against pests and disease, and understand the climate impact of farming practices. The layoffs also threaten to undermine billions of taxpayer dollars paid to farmers to support conservation practices, experts warn. The USDA layoffs are part of the Trump admi

Topics: conservation employees federal says scientists

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Latest Tech News

Bitcoin flies to new all-time highs, briefly topping $118,000 as institutions pile into ETFs

Pa. House passes 'click-to-cancel' subscription bills

Bitcoin flies to new all-time highs, topping $118,000 as institutions pile into ETFs

This Is DOGE 2.0

SpaceX crane collapse in Texas being investigated by OSHA

Media Matters is suing the FTC to block investigation into X advertiser boycott

CISA warns of attackers exploiting Linux flaw with PoC exploit

Cybersecurity takes a big hit in new Trump executive order

CBP's Predator Drone Flights Over LA Are a Dangerous Escalation

U.S. Government Removing EV Chargers From All Federal Buildings Because They Are ‘Not Mission-Critical’

The GSA is shutting down its EV chargers, calling them ‘not mission critical’

Elon Musk's DOGE reportedly cuts staff at agency that regulates Elon Musk's Tesla

DOGE puts $1 spending limit on government employee credit cards

DOGE Puts $1 Spending Limit on Government Employee Credit Cards

USDA Layoffs Derail Projects Benefiting American Farmers

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