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‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion

After the Iraq War ended in 2003, the Congressional Budget Office (CBO) estimated that the conflict had cost the United States $500 billion in direct costs, but economic and policy experts Joseph Stiglitz and Linda Bilmes disagreed. In a 2006 study, they calculated that the cost of the war was actually four times that calculated…

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Wall Street won’t buy ‘trustless’ security promises

Cryptocurrency exchanges have become the primary place for millions of people and businesses to store and transfer digital currencies. According to industry data, the cryptocurrency market currently has a 24-hour trading volume of approximately $19-192 billion. As exchanges expand into multi-asset venues, security mechanisms evolve from wallets to identity, permissions, pricing and settlement. However, despite…

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Bitcoin news: Tether keeps stacking BTC, adding $70M in tokens to reserve

Tether, the company behind USDT, the world’s largest stablecoin Tether$1.0001adding another $70 million worth of Bitcoin Bitcoin$75,126.09 Its reserves extend the stable accumulation strategy associated with its stablecoin business. Blockchain data from Arkham Intelligence shows that 951 BTC were transferred from Bitfinex to a wallet labeled “Tether: BTC Reserve” on Wednesday. The address matches an…

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U.K. Man Arrested at Disney World After He Allegedly ‘Pushed’ Teen Girl He Accused of Line Cutting

need to know British man arrested at Disney World after allegedly pushing 18-year-old girl while waiting in line The incident occurred at Magic Kingdom’s Tiana Bayou Adventure Park and involved a queue-jumping dispute. Keith Richard Newman denied pushing the girl but was charged with assault and was released on $1,000 bail three days later. A…

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Asset manager L&G brings its $68 billion money market funds onchain via Calastone

Legal & General Asset Management announced on Wednesday that it is putting more than £50 billion (approximately $68 million) of liquidity under management on-chain through a new distribution channel established by Calastone. “We are pleased to be able to offer our liquidity on the Calastone tokenized distribution network,” said Ross McDonald, Liquidity Investment Specialist at…

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