JPMorgan is finally giving Bitcoin a bit more credit, literally. The banking giant has started allowing select clients to use spot Bitcoin ETFs as collateral for loans. The Bitcoin ETF loan program is designed for high-net-worth individuals and institutions looking for flexible credit solutions. A Conservative Embrace of Crypto This move doesn’t mean JPMorgan is suddenly holding Bitcoin or becoming a crypto-first institution. Instead, it’s accepting regulated financial products that track Bitcoin, such as BlackRock’s iShares Bitcoin Trust. These ETFs are approved by the SEC and can be priced, monitored, and risk-assessed within the bank’s existing systems. Wow. JP Morgan…
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Immigration and Customs Enforcement has quietly rescinded guidance that advised ICE agents conducting courthouse raids to take steps to avoid violating state and local laws while carrying out civil immigration arrests. The subtle policy change could lead to an escalation in enforcement tactics and legal disputes.Revised policy guidance recently posted to ICE’s website and reviewed by WIRED reveals efforts by the agency to enhance the discretion and autonomy of the federal agents making arrests in and around courthouses—one of the more aggressive initiatives employed by the Trump administration as part of its all-out push to round up migrants across the…
Women weren’t allowed to officially serve in direct ground combat jobs when Emelie Vanasse started her ROTC program at George Washington University. Instead, she studied biology — but it still bothered Vanasse to be shut out of something just because she was a woman.“I always felt like, who really has the audacity to tell me that I can’t be in combat arms? I’m resilient, I am tough, I can make decisions in stressful environments,” Vanasse said.By 2015, the Obama administration opened all combat jobs to women, despite a plea from senior leaders in the Marine Corps to keep certain frontline…
Belkin is officially breaking into the gaming accessories space with the launch of a new product portfolio designed specifically for the Nintendo Switch 2. Belkin is launching the accessories on the launch day for Nintendo’s newest hybrid game console, and all of the products are officially licensed to work with the Switch 2. If I were Nintendo, I would be happy about Belkin’s entry into this market as it validates the opportunity. The products include a Nintendo Switch 2 Charging Case, which combines protection and power with a built-in 10K battery, keeping your device charged and ready for seamless gaming on the go. Belkin also has…
AI is no longer just helping B2B buyers; it’s making decisions for them.
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s compared with $6.4 billion that VC firms invested in European AI ventures across 742 deals across the same period. Asia-based startups have fared a bit worse than their European counterparts, according to PitchBook. Between February and May, VCs invested just $3 billion in Asia-based AI…