Core Scientific, one of the largest bitcoin mining companies in the world, filed for Chapter 11 bankruptcy protection on Wednesday, the latest crypto company to do so in the current crypto winter. The drop in bitcoin prices and increased costs of mining bitcoin have led to struggles for bitcoin mining companies over the past year. Companies like crypto exchange Binance have set up funds to...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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