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It’s crazy how hard the government seems to want to fight to keep profits that don’t belong to it.
Los Angeles, CA
All of L.A. is not a ‘war zone.’ We separate facts from spin and disinformation amid immigration raids
Los Angeles Police officers push anti-ICE protesters down Los Angeles Street, away from the Federal Building, on Monday.
(Carlin Stiehl / Los Angeles Times)
I can confirm that throughout most of LA, things are business-as-usual.
Los Angeles, CA
Andrew Tate briefly took on 25X leverage to trade ether (ETH), bragged about it, got liquidated, and quickly deleted his post in embarrassment.
Entering a leveraged long position at $2,515.90 per ETH immediately prior to a slight dip in price, his margined trade quickly incinerated hundreds of thousands of dollars.
Initially, Tate bragged about his entry, posting his Hyperliquid referral code “TOPGTOPSTRIKER” by which he would earn fees. At the time of posting, one of his trades was up 138% in temporary, deceptively unrealized profit.
Soon, viewers watched his wallet’s combined profit and loss (PnL) crash to $597,000 in losses. Along the way to his near-total loss, Tate deleted his earlier, self-congratulatory post.
Read more: Andrew Tate struggles to pump memecoin amid Florida criminal inquiry
Despite his verifiable activities on Hyperliquid’s on-chain crypto exchange, Tate’s timeline on X over the last 24 hours is now devoid of evidence of his self-immolating crypto trades.
Tate once thought he could make up for his losses, which obviously failed.
A community of crypto historians known as wassies logged and screenshotted his stunning failure for crypto history.
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If he's never going to end up in prison, the least he can do is gamble away all his money on massively leveraged cryptocurrency gambling.
Los Angeles, CA
The UK is going all-in on nuclear energy, after years of dithering.
The government moved to back a major new plant with $15 billion in funding, and said Rolls-Royce would make the country’s first small modular reactors.
Britain has not built a new nuclear plant since 1995, but one much-delayed, over-budget project capable of powering six million homes is expected to be completed this decade.
The shift to nuclear comes as Westminster seeks reliable, zero-carbon energy to buttress intermittent renewables, having “run out of road” for ignoring its power supply problems, Politico reported.
The US would do well to boost its own nuclear ambitions, three energy strategists wrote in Foreign Policy: A nuclear revival has bipartisan support, but regulatory hurdles remain.
Los Angeles, CA
HONG KONG - Hong Kong will toughen screening of restaurants, caterers and other food and entertainment businesses for potential violations of national security, the Chinese city’s leader said on Tuesday.
Watch out for the subversive food.
Los Angeles, CA
Why is nonprofit ownership gaining traction in the U.S., with companies like OpenAI and Patagonia mirroring long-standing models in Europe, such as Novo Nordisk and IKEA? In new research, Ofer Eldar and Mark Ørberg unpack the economic rationales behind nonprofit business ownership, challenge the idea that it’s all about purpose, and highlight the overlooked risks of nonprofit control.
Los Angeles, CA
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