Adam Back's Bitcoin Standard Treasury Company (BSTR) and Cantor Equity Partners have agreed to revise their merger terms for a public listing.
TFTC
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Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
OpenAI launched GPT-Live today, a new voice model that replaces Advanced Voice Mode in ChatGPT.
The core upgrade is full-duplex audio, meaning it can listen and speak simultaneously rather than waiting for you to finish before responding.
It can acknowledge what you're saying mid-sentence, handle interruptions naturally, and stay quiet when you pause to think instead of cutting in every time there's silence.
Under the hood, GPT-Live delegates complex queries to GPT-5.5 in the background for search, reasoning, or multi-step tasks while keeping the conversation going.
Previous voice modes either froze while processing or gave shallow answers to stay fast. This decouples the conversational layer from the intelligence layer so you get both.
Two versions are rolling out globally. GPT-Live-1 mini is the new default for all users. GPT-Live-1, the larger model, is for paid tiers. API access is coming.
Competitively this matters because Apple just updated Siri's expressivity in iOS 27, Amazon revamped Alexa with better context handling, and startups like Sesame from the Oculus co-founder are shipping natural conversation AI.
Google's Gemini Live has had full-duplex for months. OpenAI was actually behind on this. GPT-Live closes that gap and adds the delegation architecture that none of the others have yet, where a lightweight voice model hands off hard problems to a frontier reasoning model in real time.
The bigger signal is OpenAI positioning voice as the primary computing interface for agentic work, not just a chatbot feature.
They've hinted at AI earbuds this year. 150 million people already use ChatGPT voice weekly.
Joe Rogan: "Do you know what happened to me over ivermectin? They changed the color of my face to make me look green on CNN. I was like 'do I have to sue CNN?'"
"We don't need mass adoption. We need 3% of the population to become sovereign individuals and fully opt out. But to reach that critical mass, you have to remain inside the Overton window and push it." - Theo Mogenet
"If I ever get near power, I will responsibly defund the BBC. I think the BBC is dripping poison into the veins of Britain every day." - Rupert Lowe MP
Francis Pouliot's Bull Bitcoin is suing France in the Conseil d'État to block the EU's DAC8 crypto mass surveillance rules over privacy and safety risks.
"Credit card delinquencies, 90-day delinquencies, are matching the 2008 levels. People have fully 100% embraced the debt-based economy and they live on debt." - James Lavish
"When Powell cut rates by 100 basis points, what happened to the 10-year? The yield went up 100 basis points. The bond traders called the bluff." - James Lavish
"Tyranny is not gonna look like you think. It's not gonna be a military government kicking down your door. It's gonna be an ever-growing set of small rules which turn you into a docile sheep. At some point you just gotta say no." - Theo Mogenet
CFTC Chairman Mike Selig on derivatives markets and prediction markets as hedging tools during the Iran conflict. "We are seeing a transformation of our markets and this new frontier of finance is something we have to have built here in the United States."
Amboss launches official TypeScript SDK for Lightning paymentsBusinesses can now send and receive USDT, USDC, and Bitcoin instantly with sub-second final settlement.
Open-source (MIT), fully typed, includes sandbox testing, webhooks, and one-call invoices/payouts.


Michael Saylor: Bitcoin has no spam problem after years of blockspace fears.


New York already has the 4th highest electricity prices in the country at 29.45 cents per kWh, 56% above the national average and rising at nearly 15% year over year.
This is what decades of self-inflicted energy policy looks like. Governor Cuomo shut down Indian Point, a nuclear plant that provided reliable baseload power to millions.
The state blocked natural gas pipelines, divested from fossil fuels, closed refineries, and replaced cheap reliable energy with expensive intermittent alternatives.
The result is that New Yorkers pay more for less reliable power while the state's grid becomes increasingly dependent on the very fossil fuels its politicians publicly demonize.
Now Albany wants to make it worse. On June 4th, the New York State Legislature passed the "Responsible Data Center Development Act," a first-in-the-nation one-year moratorium on large AI data centers.
The bill didn't just pause construction. It layered on mandated renewable energy procurement targets, new environmental impact studies, prevailing wage requirements that function as a union tax on every construction job, and host community benefit programs that developers must fund.
The NYISO interconnection queue exploded from 6 projects totaling about 1 GW in 2022 to 48 proposals totaling 12 GW by the end of 2025. Instead of capturing that demand and the jobs, tax revenue, and infrastructure investment that comes with it, Albany is telling the industry to go build somewhere else.
The bill is sitting on Governor Hochul's desk right now. If she signs it, New York becomes the first state in America to enact a statewide data center moratorium while simultaneously having some of the highest electricity costs in the nation.
The states that embrace energy abundance and welcome these facilities will win. New York is choosing to lose.


"DAC8 is in my opinion the single biggest threat to both the cypherpunk principles of Bitcoin and to the lives of our users." - Theo Mogenet
Eric Balchunas reports that Vanguard is hiring its first Head of Digital Assets to develop a blockchain and tokenization strategy, but stresses the firm hasn't "bent the knee."


OpenAI teases the all-new ChatGPT Voice in a new teaser video and will reveal details during a livestream at 10 AM PT today.
TFTC 768 w/ Theo Mogenet: "They're building a list of every Bitcoiner. In France a million records leak every month and when this database leaks, people will be murdered."
We discuss:
⚡ Sold to kidnappers
⚡ One taken every 2 days
⚡ Coming to the US next
A federal judge just handed Kalshi a major loss in the Southern District of New York.
Judge Analisa Torres denied the prediction market platform's request for a preliminary injunction, a ruling that legal experts say will have knock-on effects across multiple pending cases in Connecticut and other SDNY lawsuits.
The case centers on whether prediction markets are regulated financial products or unlicensed gambling operations. Kalshi has argued it operates as a CFTC-regulated designated contract market and that federal oversight preempts state gambling laws.
New York Attorney General Letitia James disagrees. Her office is now expected to file a civil enforcement action against Kalshi in state court seeking restitution, disgorgement, civil penalties, and injunctive relief.
This is part of a broader legal assault on prediction markets playing out across the country. In Minnesota, a federal judge recently signaled sympathy with the state's argument that platforms like Kalshi and Polymarket have "far exceeded what Congress initially intended" when creating the CFTC framework in 1974.
The key question in that case was how to define what Kalshi actually does. Kalshi says "trading on designated contract markets." Minnesota says "gambling." How courts define that field will dictate who wins.
Meanwhile the whole thing may be heading to the Supreme Court. Justice Alito just gave New Jersey until August 4 to file a petition challenging a Third Circuit ruling that had sided with Kalshi and shielded its event contracts from state gaming regulation. If SCOTUS takes the case, it could settle the question nationally.
Kalshi will appeal the Torres ruling and seek an immediate injunction pending that appeal. But the momentum has clearly shifted.
States are winning the argument that prediction markets function like sports betting and should carry the same consumer protections and oversight that licensed sportsbooks provide.


Bitcoin House Malaysia in KLCC installs framed Bitcoin whitepaper and global "Proof of Community" map highlighting Bitcoin hubs worldwide.


Meta just disclosed it faces $1.4 trillion in potential penalties in the teen mental health case brought by state attorneys general.
That number is nearly equal to Meta's entire market cap.
Twenty-nine states are suing Meta for violating the Children's Online Privacy Protection Act by collecting data from underage users without parental consent.
They allege Facebook and Instagram were intentionally designed to be addictive to children, fueling anxiety, depression, self-harm, and suicide. Four of those states are also targeting Meta for misleading the public about safety risks.
The $1.4 trillion figure comes from how California, Colorado, Kentucky, and New Jersey have proposed penalties should be calculated if they win. Meta's lawyers called it "outlandish" and said a sanction of that size "has no analog in the history of consumer protection enforcement."
This is not happening in a vacuum. Meta already lost two major cases this year. A California court found it liable for fueling social media addiction. A New Mexico jury found it failed to protect kids from online predators.
The company now faces more than 2,400 pending lawsuits from school districts, parents, and governments in what critics call a "Big Tobacco moment" for social media.
The trial is set for August 18 in Oakland. The actual penalty will almost certainly be far less than $1.4 trillion. But the scale of the legal exposure tells you how regulators view what happened.
This is a company accused of knowingly designing products that harmed an entire generation of children for profit, and 29 states are lined up to make the case.

