Bitcoin's value shot up recently, causing a lot of trouble for those who bet against it. These short sellers lost a huge amount of money, nearly $700 million in just one day. Bitcoin reached $96, 867, its highest point since mid-November. It's up by about 5% in the last day and week, but still down
The U. S. Senate has taken a big step to protect people from AI-generated explicit images. A new law, called the Defiance Act, lets victims sue those who create and share these images without permission. This comes after a surge of such content on platforms like X, owned by Elon Musk. The law builds
New York is stepping up its game to make streets and subways safer. Governor Kathy Hochul recently announced a $77 million boost to subway safety. This money will go towards more police patrols, platform barriers, and a special program called SCOUT. SCOUT teams up mental health experts with police t
A lawmaker from Long Beach is taking a stand against the potential dangers of social media for kids. He believes that Australia's recent move to ban social media for children under 16 is a step in the right direction. After visiting Australia, he returned with new ideas to protect young people in Ca
A big fight is happening in the U. S. over stablecoin rewards. Coinbase, a major crypto company, is pushing back against new rules that could hurt its business. The issue is about who can offer rewards on stablecoins like USDC. Coinbase makes a lot of money from these rewards. But banks want to chan
Maryland is making waves with a new plan. The state wants to take control of its own vaccine schedule. This means they might not follow the federal government's recommendations anymore. The Centers for Disease Control and Prevention (CDC) recently changed their list of routine shots for kids. This
Oregon is trying to clean up its political money game. They passed a law to limit big donations and make spending more transparent. But now, they need a lot of cash to make it happen. The Secretary of State's Office wants $25 million to start. But they admit they don't know the final cost. This is
Senate Democrats are pushing for new laws to stop taxpayer money from going to people who attacked the U. S. Capitol on January 6, 2021. This comes five years after the event. One proposed law would prevent any compensation fund for the rioters. Another law would stop federal money from being used t
Maine's lawmakers have a packed agenda for 2026, with environmental issues taking center stage. From tackling "forever chemicals" to supporting loggers, there's a lot on the table. But will they get anything done? Money is a big topic. Senators are pushing for $50 million bonds to protect land, upg
Boxing, once a global sensation, is getting a lifeline. Lawmakers are stepping in to breathe new life into the sport. They're doing this through a new law called the Muhammad Ali American Boxing Revival Act. This act updates rules from 1996. It focuses on making things better for boxers. The new la
