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Latest from Marc Hochstein
Prediction Markets Put Eric Adams' NYC Mayoral Bid at 50-50 After 'Dummy Ballot' Snafu
Uncertainty following the Board of Elections' removal of 135,000 ballots has sunk Eric Adams' chances on PredictIt and Polymarket.

US Fed Official Calls Tether a ‘Challenge’ to Financial Stability
Eric Rosengren included the stablecoin among what he termed new disruptors to short-term credit markets.

Nassim Taleb, Erstwhile Bitcoin Admirer, Publishes Paper Trashing It
Bitcoin "can be neither a long or short term store of value (its expected value is no higher than 0)," writes the "Black Swan" author.

Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says
“Tether is no longer a part of anything,” Jack Mallers said on the “What Bitcoin Did” podcast.

El Salvador Legislature Indicates Favor Toward President's Bitcoin Bill
The government would also create a trust that would enable the “instantaneous convertibility of bitcoin to dollars,” the bill said.

The Ransom-Ware
An ode to companies that poorly guard their computer systems and end up paying extortionists bitcoin to unlock them (with apologies to Rudyard Kipling).

'This Isn't the Start of OPEC': New Bitcoin Mining Council Just Wants to Promote Greener Practices, Member Says
The Saylor- and Musk-led group won't mess with Bitcoin's code or fungibility, says Argo Blockchain CEO Peter Wall.

Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper
The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.

Buying Your First Crypto? 10 Things You Should Know
This above all: Don’t put in more than you can afford to lose.

Mastercard Survey Offers Tentative Encouragement for Crypto Adoption
The payments giant polled 15,569 consumers in 18 countries; 40% said they plan to use cryptocurrency in the next year.
