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Following the lead of several other mayoral candidates, Andrew Cuomo is pledging he would if elected kill the Adams administration’s stalled effort to move New York City’s 250,000 municipal retirees into a privatized Medicare plan that many fear would dilute their health insurance. Since taking office in early 2022, Mayor Adams has pressed to make an Advantage plan managed by a private insurance company the only health care option for the city’s tens of thousands of retired municipal workers, including cops, firefighters and teachers. That marked a significant shift from the status quo, in which the city offers its retirees…
Opinion by: Steven Smith, head of protocol and applied research, Tools for HumanityBlockchains were designed as systems of trust that are transparent, decentralized and accessible. The age of AI has, however, introduced significant new challenges. Nearly half of all internet traffic is generated by bots, with up to 80% of blockchain transactions now automated and AI agents accounting for most onchain activity. While some bots serve legitimate and helpful purposes, others — like those used for airdrop farming and fake account creation — clog networks, drive up fees, and monopolize space and resources. It’s up to humans to protect the blockchains…
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Update (April 28, 10:26 pm UTC): This article has been updated to add commentary from Tim Beiko that the EOF upgrade was removed from the Fusaka upgrade.Ethereum’s Fusaka hard fork is expected to take place in the third or fourth quarter of this year, according to an Ethereum Foundation official.In an April 28 X post, Ethereum Foundation co-executive director Tomasz Kajetan Stańczak said that the organization is aiming to deploy the Fusaka Ethereum network upgrade in Q3 or Q4 2025. Still, the exact rollout schedule has not been decided yet.Stańczak said a controversial implementation of the EVM object format (EOF)…
Summary Ghost of Yotei introduces a non-linear campaign, allowing players to pursue the Yotei Six in any order. Sucker Punch prioritizes an accurate depiction of Ainu culture and people through detailed research and from advisors. Atsu’s tale is about revenge and players will be able to experience Sucker Punch’s biggest open world yet. In a recent interview, Ghost of Yotei co-creative directors Nate Fox and Jason Cornell reveal new gameplay details for the game, including a non-linear campaign. Following the Ghost of Yotei announcement trailer in 2024, news had been fairly scarce on Sucker Punch’s upcoming title, though that seems…
When Donald Trump was running for president, he pledged to build 10 new US cities, dubbed “freedom cities,” from scratch, designed to improve the quality of life for Americans. These new high-tech communities were to be created on public land, and they were going to be free of the “nightmare of red tape,” including lengthy environmental reviews, that had hampered the development of affordable housing in many parts of the US.Freedom cities aren’t really a new idea. They are a rebranding of charter cities, which have been around since the late 1800s. Still, Trump’s proposal won the gung-ho support of many…
Michael Saylor’s Strategy added to its massive Bitcoin stash last week as the cryptocurrency surged above $90,000.In an April 28 announcement, Strategy reported acquiring 15,355 Bitcoin (BTC) between April 21 and 27.The latest purchases cost Strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company’s aggregate BTC holdings by roughly 3% to a total of 535,555 BTC worth more than $50 billion.An excerpt from Strategy’s Form 8-K filing with the United States Securities and Exchange Commission. Source: StrategyStrategy’s latest buy is its largest since late March, when the firm bagged 22,048 Bitcoin for $1.92 billion at…
AI-based coding has exploded in popularity on the promise that it will make developers’ jobs faster and easier. But AI coding has also resulted in something else: a vast increase in lines of code, and thus the likelihood of bugs resulting in crashes or other mishaps. On Monday, an Israeli startup called Lightrun, which has built an observability platform to identify and debug (remediate) code before those problems arise, announced a Series B of $70 million. The funding underscores not just the gap in the market for tools like these, but also Lightrun’s traction in meeting that demand. New backer…
Check out the companies making headlines before the bell. Boeing — Shares of the airplane manufacturer added nearly 2% on the back of a Bernstein upgrade to outperform from market perform. The firm said Boeing “should be on a much firmer path than in 2023” as it recovers from the 2024 Alaska Airlines controversy and two Boeing 737 Max plane crashes prior to that. Progressive — The insurance stock gained more than 1% following an upgrade to buy from neutral at Bank of America. Shares of Progressive had fallen 8% since a downgrade by the same shop earlier this month. The…
The Swiss National Bank (SNB) has rejected calls to add bitcoin to its official reserves despite growing pressure from local advocates and a global trend toward digital assets. At the SNB’s annual general meeting on April 25 in Bern, Chairman Martin Schlegel was clear: Bitcoin does not meet the SNB’s strict requirements for reserve assets. “Cryptocurrency can’t fulfill our currency reserve requirements,” Schlegel said, citing volatility and lack of liquidity. Schlegel said the SNB needs assets that are stable, reliable and tradable – qualities he believes bitcoin can’t provide. He added: “Cryptocurrencies are also known for their high volatility which…