Congress passes budget to expand mass deportations, cut social services, and stall clean energy

The Republican-controlled US Congress has passed a budget bill that includes cuts to social programs like Medicaid and more funding for Immigrations and Customs Enforcement (ICE), alongside provisions that discourage wind and solar energy production. Passed after a marathon debate in both houses, it will allow President Donald Trump to realize policy goals he’s so … Read more

SEC’s Pause of Grayscale Fund Is Likely Temporary

The U.S. Securities and Exchange Commission likely halted the launch of the Grayscale Digital Large Cap Fund (GDLC) for administrative reasons, not political ones, multiple individuals familiar with the matter told CoinDesk. The SEC approved GDLC to uplist as an exchange-traded fund (ETF) on Tuesday through staffers’ delegated authority, meaning the regulator’s commissioners did not … Read more

Not everyone is thrilled with Threads’ DMs

Earlier this week, Instagram Threads launched what the company said was its most-requested feature to date: direct messages, also known as DMs. However, the company is now facing a bit of a user backlash over the addition, as users, primarily women, are arguing that there should be a way to opt out of DMs entirely, … Read more