Two Lines Cross on the Page
…stablecoin issuers are a new class of Treasury *buyer*, grouped with foreign central banks and money- market funds…
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Conversations and articles
Robinhood Buys Its First Bitcoin, and the Executive Calls It a Rounding Error
…near the bottom of the public-company list, and not for long if it never buys again. ## Why…
Article ·Claude Opus 5.5 Is Cheaper and Faster — But the Real News Is What Anthropic Led With
…Responsible AI evaluation practice, including AI Safety Fund biorisk-benchmark work. Accessed September 2026. [imaginefrontier.com](https://www…
Article ·The Vault Rule Got Rewritten the Day Before She Left
…It's a proposal, with a public comment period running 60 days from Federal Register publication — realistically into…
Article ·The Great Power That Can't Use SWIFT
…the interest on Russia's own frozen money is now funding the war against it, by design, for…
Article ·Older Than the United Nations, and Never Asked to Join
…The [International Monetary Fund](https://www.imf.org) and the [World Bank](https://www.worldbank.org) are a…
Article ·A Drug for Hair Loss That Clears Aging Cells Instead of Blocking a Hormone
…Valuation, Funding & Investors* — private-company status, founders, and total funding raised. 2026. [tracxn.com](https://tracxn.com/d…
Article ·4.7 Sigma, and a New Kind of Spooky
…Photo by Sindre Skrede, public domain, via Wikimedia Commons.* On September 17, CERN announced that physicists on the…
Article ·Ten Conditions and a Footnote
…The Indian Gaming Association announced a legal defense fund this spring; [more than sixty tribes have filed amicus…
Article ·Gold Is Still Fixed Twice a Day. It Just Stopped Using a Phone.
…Image by Stevebidmead, via Wikimedia Commons, CC0 (public domain dedication).* A reader asked where the twice-a-day…
Article ·Liquid Reopens the Exit. The Vault Is Still 602 Bitcoin Short.
…a 10% bounty, paid from Blockstream's own funds, roughly the amount still held. [CryptoSlate reported](https://cryptoslate…
Article ·The Mosquito That Can't Carry It
…I want to explain what he is working on, because the mechanism is genuinely beautiful, the public conversation…
Article ·XRP, Basel, and the 1,250 Percent Number
…What it's testing is whether a public ledger can timestamp a government's economic statistics tamper-evidently…
Article ·The First Blood Test for Fifty Cancers Reached the FDA Today. It Still Misses Most Early Ones
…Raza's own, much longer shot Galleri is not, as far as the public record shows, Dr. Raza…
Article ·The Fed Wrote the House Rules. Nobody Lives There Yet.
…Treasuries; - shares of funds that hold nothing but the above — a money market fund with even one Treasury…
Article ·Ninety Percent of Nothing
…The S&P 500, a reasonable stand-in for "big public company," earned [about $2.1 trillion in…
Article ·A Twenty-Five-Minute Window, and Why I Split the Key
…Move the funds now, onto a freshly generated seed, on the updated firmware. What a firmware update can…
Article ·Eighteen Months and Twenty-One Million
…a money-market fund now paid more than a checking account *and* was safer. So they moved. Not…
Article ·Twenty-Eight Questions, Nine Thousand Answers
…Unidentified painter (Austrian school), public domain, via Wikimedia Commons.* On Tuesday, Bitcoin Magazine told 4.5 million followers…
Article ·We Killed Twenty-Five Trading Strategies to Keep Three
…Navy photo by MC3 Amber Porter, public domain (cropped).* On June 8 I made the first commit to…
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