The most valuable crypto stories for Wednesday, July 5, 2023.
"The Hash" unpacks today's top stories in crypto, including Valkyrie Digital Assets refiling its application for a spot bitcoin exchange traded fund (ETF) with the U.S. Securities and Exchange Commission. Plus, a closer look at why the floor price of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection sunk below 30 ETH (about $58,700) on Sunday. And, an update on the founders of the bankrupt crypto hedge fund Three Arrows Capital.
House Republicans are racing to the crazy again as they try to nail down who they're going to impeach. Plus, gaming out why Biden gets so little credit for the economy, and the GOP presidential debate stage may end up quite small. A.B. Stoddard joins guest host Mona Charen.
This episode was hosted by George Kaloudis. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.
We've all heard of 'vibes' -- it's a street name for seemingly inexplicable bursts of intuition, and often otherwise skeptical people can find themselves reacting to some unknown fear or desire. Explanations for this phenomenon range from allegations of psychic powers to microexpressions and the depths of the unconscious mind. In tonight's episode, Ben, Matt and Noel dive deep into theories that may explain vibes -- and Ben creates an intriguing theory that may solve the mystery of 'haunted houses.'
President Ruto outrages environmentalists after lifting a ban on cutting trees. But what does this mean for Kenya’s commitment to the environment? We ask Tracy Makheti, Community Manager at Greenpeace Africa.
From problems to solutions: we chat to Omolara Svensson, a Nigerian woman whose mission is to change stereotypes around farming and get more young people into agriculture.
Plus, Ugandan author Kakwenza Rukirabashaija who has a new book called ‘The Savage Avenger’, tells us about his experience of being detained, tortured and having to flee Uganda.
Today's podcast takes up the question: Why are progressives so sour on the idea of American progress? Aren't they believers in progress? Well, not really any longer, and we try to explain why. Also, why do we know that cocaine was found in the White House? And why did a judge block the Biden administration from consulting with social-media companies? Give a listen.
Eliot Brown is a reporter at the Wall Street Journal and co-author of The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion. He joins Big Technology Podcast this week to talk about Big Tech's remarkable stock market comeback and how that's spilling over to VCs, startups, and IPOs. Stay tuned for the second half where we discuss the risks in the commercial real estate market, looking into examples Brown has reported on. We end discussing Evan Gershkovich, a friend and colleague of Brown who is currently imprisoned in Russia.
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“We have been evolving into a species that is super-cooperative: we work together with strangers, we can empathize with people, we are really an empathic flock,” begins Carsten de Dreu, a professor at Leiden University. “And at the same time, there is increasing evidence from archaeological excavations all around the world that already 10, 20 and 30 thousand years ago, people were actually violently killing each other.”
Trained as a social psychologist, de Dreu uses behavioral science, history, economics, archaeology, primatology and biology, among other disciplines to study the basis of conflict and cooperation among humans. In this Social Science Bites podcast, he discusses how conflict and violence – which he takes pains to note are not the same – mark our shared humanity and offers some suggestions on how our species might tamp down the violence.
“Violence,” de Dreu explains to host David Edmonds, “is not the same as conflict – you can’t have violence without conflict, but you can have conflict without violence.” Conflict, he continues, is a situation, while violence is a behavior. Conflict, he says, likely always will be with us, but resorting to violence need not be.
The psychologist says behavior has a biological basis, and various hormones may ‘support’ violent actions. For example, greater concentrations of oxytocin – which helps maintain in-group bonds and has been dubbed “the love hormone” -- is found in primate poo after groups fights. But, he cautions, that is not to say we are innately violent.
But when we do get violent, it’s worse when we’re in groups. Then, the potential for violence, as he put it, “to get out of hand,” increases, escalating faster and well beyond the violence seen between individuals (even if that one-on-one violence sometimes can be horrific).
“In an interpersonal fight, the only trigger is the antagonist. In intergroup violence, what we see is that people are sometimes blinded to the enemy – they might not even recognize who they were because they were so concerned with each other.”
What drives this violence is both obvious and not, de Dreu suggests. “Even among my colleagues, there is sometimes fierce debate - conflicts sometimes about what are conflicts! But if you zoom out, there are two core things that groups fight about:” resources and ideas.
Fighting over resources is not unique to humans – groups of primates are known to battle over land or mates. But fighting over ideas is uniquely human. And unlike resource conflicts, which have the potential to be negotiated, “for these truth conflicts ... there is no middle ground, no trade-off.” Regardless, he argues, values have value.
Citing recent work with colleagues, de Dreu says he thinks “these values, these truths, these worldviews that we have, that we share within our groups and our communities, within our countries sometimes, they are the ‘oil’ of the system. To work together so that we all can survive and prosper, we need certain rules, a certain shared view of how the world operates, what is good and bad, what is right and wrong. These are very important shared values we need to have in order to function as a complex social system.”
But “when these values get questioned, or attacked, or debunked, that’s threatening.” Depending on how severe the threat is seen, violence is deployed. And sometimes, as even a casual observer may divine, it’s not the direct quest for resources or to protect values that sparks violence, but what de Dreu terms “collateral damage” from leaders cynically weaponizing these drivers – or even inventing threats to them -- while actually pursuing their own goals.
But de Dreu ends the podcast on a (mostly) upbeat note. He says we can break the cycles of violence, even if there’s no neat linear trajectory to do so, and concludes by offering some rays of hope.
Suspicious substance found at the White House tests positive for cocaine. Federal social media restrictions. Extra help preparing for boot camp. CBS News Correspondent Deborah Rodriguez has today's World News Roundup.