Howdy Stackers
Welcome to the 15th edition of The Daily Zap — A Daily Newspaper (Kind of 🙏). Here, you'll get links to all of the latest news and updates mostly from the last 24 hours, divided in Sections (much similar to pages on a newspaper).
Let's unfold!
~Bitcoin News of the Day
- Coinbase—the U.S.-based cryptocurrency exchange that serves as custodian for most Bitcoin ETFs, including BlackRock—must not actually be buying the Bitcoin requested by these funds, and instead merely issuing “IOUs,” or “paper”. Otherwise with billions flowing into Bitcoin, the price would have skyrocketed till now.
Global Trade & ~Econ
- Unlike the Brics summit in Johannesburg in 2023, which was waved off by western observers as no real threat to the dollar, October’s summit in Kazan, Russia is set to be ground-breaking for two reasons.
~Politics_and_Law
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DoorDash Inc., GrubHub Inc., and Uber Technologies Inc.‘s Uber Eats convinced a federal judge to hold unconstitutional a New York City law requiring food delivery apps to share customer data with restaurants.
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The Customer Data Law violates the First Amendment because it regulates commercial speech and doesn’t concern unlawful or misleading activity, Judge Analisa Torres said in an order issued Tuesday in the US District Court for the Southern District of New York.
~Stacker_Sports News
- The 69-year-old Kramer, who played 13 of his 14 seasons in the NFL with the Vikings and made the Pro Bowl after leading the league in passer rating in 1986, posted on his X account Wednesday that he was formally diagnosed with the cognitive decline a little more than year ago at the Cleveland Clinic as part of a health and wellness program for former NFL players.
~Tech & ~Science
- The new model, Llama 3.2, could allow developers to create more advanced AI applications, like augmented reality apps that provide real-time understanding of video, visual search engines that sort images based on content, or document analysis that summarizes long chunks of text for you.
~History with Mystery
- *Dolly’s birth was a major scientific achievement, but the groundbreaking implications of cloned cells in medicine and agriculture were quickly overshadowed by the specter of human cloning. The cover of TIME asked: “Will There Ever Be Another You?
~Entertainment World
- Former ESPN analyst Todd McShay attributed Travis Kelce's slow start to the season to his newfound fame and "jet-setting" lifestyle during an appearance on The Ryen Russillo Podcast, where he recorded four receptions for 30 yards. “Every show I watch, every pregame show, halftime show, postgame show, weekday show, every broadcast I watch for the last few weeks, it’s like, are we not allowed to say that he’s out of shape?” McShay bluntly asked.
Thanks for reading 🙏
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