Author: rb809rb

  • America at a crossroads: Commissioner Peirce’s parting challenge

    Today is Hester Peirce’s last day as an SEC Commissioner. The digital asset industry, and every American who believes regulation should mitigate risk and foster innovation, owes her an enormous debt of gratitude.

    For more than eight years, Commissioner Peirce served as a principled voice at the Commission. Under the previous SEC Chairman, she frequently dissented when the Commission chose to bring enforcement actions rather than write rules the industry could comply with. She proposed a token safe harbor years before regulators were ready to listen. She led the Crypto Task Force and insisted that the agency’s duty to protect investors meant it must use its authority to provide regulatory guardrails for the rapidly expanding industry.

    Commissioner Peirce brought humility, conviction, and a sense of humor to work every day. Washington could use more like her. Although she will no longer be at the SEC, her presence and the ideals she stood for will live on.

    Will Schwartz is a Policy Associate at Blockchain Association, where he conducts research and analysis on digital asset legislation, regulation, and emerging policy developments.

    Commissioner Peirce’s work is not done yet

  • I Crashed, Burned, and Loved Every Second of Star Wars: Galactic Racer

    I Crashed, Burned, and Loved Every Second of Star Wars: Galactic Racer

    Burnout 3: Takedown is one of my favorite games of all time, and if you told me that one day its spiritual successor would arrive as a Star Wars podracing game, I’d think you were high on death sticks. But that’s the best way to describe Star Wars: Galactic Racer, a brand new Star Wars game that explores the high-speed thrills—and risks—of podracing. I had a blast trying out the demo at the Summer Game Fest, and now that the full game is here, I’m convinced that this could be one of the best racing games of the year.


    Now This Is Podracing

    You might be surprised to learn that the world of podracing has remained largely unexplored since the fictional sport debuted in 1999’s Star Wars: Episode I – The Phantom Menace, with only a handful of games centered around it. Star Wars: Galactic Racer wants to make podracing its whole deal—that means no Force, no Jedis, no Skywalkers (as of right now, anyway). But it’s full of familiar Star Wars locations, including planets like Jakku.

    Star Wars: Galactic Racer 2

    (Credit: Secret Mode)

    Instead, we get the drama of the race track. The game features a full single-player campaign set in the Outer Rim. I played as Shade, a mysterious gig worker who gets recruited by Darius Pax, the founder of the Galactic League. He’s being harassed by a villain named Kester Bool, who is attempting a coup to take control of the League from Pax.

    This all makes great set dressing for the races, which are white-knuckle intense. I didn’t know what to expect going in, but from the moment I accelerated, I could feel a smile stretch across my face. There’s an incredible sense of speed here, immediately bringing to mind games like F-Zero GX and Wipeout—as well as a feeling of fragility that comes with driving so fast. Galactic Racer captures the satisfaction of rounding a corner at high speed and the crushing impact of colliding head-on with a wall.

    Star Wars: Galactic Racer 4

    (Credit: Secret Mode)

    Despite being a fairly new developer, Fuse Games has a lot of experience with racing titles. The studio was founded by ex-Criterion developers, who were responsible for beloved racing games like Burnout and Need for Speed. You can feel that DNA in Galactic Racer—from the excellent handling to the brutal crash cam that accompanies every wreck, it was like running into an old friend I hadn’t seen in a long time.

    Star Wars: Galactic Racer Is Out of This World Fun

    PCMag Logo

    Star Wars: Galactic Racer Is Out of This World Fun

    I especially like how open each track feels. There isn’t exactly one racing line to follow, and although there may be a moment of panic as you figure out where to go, it gives you more freedom to carve your own path. In that way, it reminds me of Mario Kart World’s approach to track design, though the races are still lap-based rather than a single continuous track.

    Before each race, you’re free to wander around a small hub area, where you can take in the Star Wars ambiance, as well as talk to various NPCs, and spend your hard-earned credits. Players can take control of land speeders, speeder bikes, and skim speeders, a new vehicle class introduced in Galactic Racer. Each class handles differently, and there are plenty of options to tweak your car to your liking, as you unlock credits and advance in the career mode.

    Recommended by Our Editors

    Star Wars: Galactic Racer 5

    (Credit: Secret Mode)

    The career mode is another departure from your standard racing game. Each playthrough is run-based, just like a roguelite. You can choose which race you want to partake in, in much the same way that you choose the path to go down in Hades II. Each race might have different win requirements. Some might be traditional races where you have to come qualify to advance, while others play out elimination style, where you have to stay ahead of the pack to make it to the next lap. You continue across different planets, zig-zagging from race to race until you run out of League Entry Tokens. Once you’re out, you’ll be sent back to the beginning of your adventure.

    Before I was done, I got to sample an honest-to-goodness podrace with the one and only Sebulba. With the speed cranked to 11, this arcade mode exhibition was so blisteringly fast that I could almost feel the wind whipping against my face. In addition to the adventure and arcade modes, it will include online play for up to 12 players.

    Star Wars: Galactic Racer 7

    (Credit: Secret Mode)


    Star Wars: Galactic Racer Final Thoughts and Release Date

    Star Wars: Galactic Racer captures exactly what I remember from playing the Burnout racing games, and I left the demo booth feeling exhilarated. Along with Hela: Of Mice & Magic and Onimusha: Way of the Sword, it was one of the best games I played at the Summer Game Fest, and I can’t wait to play more now that the full game is here. Star Wars: Galactic Racer launches on October 6 for PC, PlayStation 5, and Xbox Series.

    About Our Expert

  • US Supreme Court agrees to take up Trump’s ICE detention policy

    US Supreme Court agrees to take up Trump’s ICE detention policy

    The case is the latest dispute over US President Donald Trump’s sweeping immigration crackdown.

    The United States Supreme Court has agreed to hear a case focused on the Trump administration’s policy requiring millions of undocumented immigrants to remain in detention while they fight deportation.

    The case, accepted on Thursday by the justices, is the latest dispute over US President Donald Trump’s sweeping immigration crackdown to reach the nation’s highest court.

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    At issue is whether migrants already living in the US have a legal right to a hearing where a judge can decide whether they should be released on bond from Immigration and Customs Enforcement (ICE) detention while their deportation cases are pending.

    In July 2025, the administration introduced new guidance directing federal immigration authorities to detain undocumented immigrants without a bond hearing for the duration of their deportation proceedings, which can last for years.

    The new policy, which has divided lower courts, reverses a decades-old interpretation that allowed some immigrants in the US to be released while their cases were pending in immigration court, according to Reuters news agency.

    Most US federal appeals courts have ruled that immigrants cannot be detained without a bond hearing. But the 5th and 8th US Circuit Courts of Appeals have found that immigrants accused of illegally entering and remaining in the country must remain detained while their deportation cases proceed.

    Trump administration attorneys told the Associated Press the split is “disrupting the orderly administration of immigration law”.

    “The result is an unworkable patchwork of inconsistent immigration enforcement, where aliens present without admission are subject to mandatory detention in some circuits but are entitled to bond hearings and often released in others,” the lawyers wrote.

    Millions could be affected

    The Supreme Court case stems from a 2nd US Circuit Court of Appeals ruling involving Ricardo Aparecido Barbosa da Cunha, a Brazilian national who entered the US around 2004 or 2005.

    Immigration officers arrested him in September 2025 while he was driving to work in the US state of Massachusetts. He was initially denied a bond hearing under the administration’s policy but was later released on bond, according to court documents cited by Reuters.

    The American Civil Liberties Union (ACLU), which is representing the plaintiffs, told the Associated Press the Trump administration is trying to deny bond hearings for immigrants apprehended within the US rather than limiting the restriction to noncitizens stopped at the border.

    “Millions of noncitizens could be affected by the government’s new interpretation,” ACLU attorneys wrote.

    The Supreme Court is expected to hear arguments on Monday, when its new term starts.

  • Canada to fast track oil pipeline meant to diversify economy away from US

    Canada to fast track oil pipeline meant to diversify economy away from US

    Carney declared the pipeline a project of national interest, smoothening its way to a single federal regulatory review process.

    Canada will fast track the approval process for a new proposed crude oil export pipeline to its west coast that could generate billions in revenue and boost economic growth, Prime Minister Mark Carney has said.

    Carney made the announcement on Thursday to fast-track the pipeline, which is a crucial part of his bid to diversify the economy away from the United States and help lessen the effect of US President Donald Trump’s tariffs.

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    Carney said Ottawa is officially listing the Pacific Link pipeline, which had been announced in July, as a project of national interest. That will ensure it proceeds through a single federal regulatory review process. He said Ottawa aimed to complete the process by September 1, 2027.

    “A pipeline to the west coast is part of our mission to transform our economy, to double our non-US exports over the next decade … [and] to unlock our full potential as a global energy superpower,” he told reporters in Fort McMurray, hub of Alberta’s tar sands industry.

    Ottawa says the 1 million barrel a day project would create 140,000 jobs and generate more than 20 billion Canadian dollars ($14bn) in gross domestic product (GDP) per year and 100 billion Canadian dollars ($70bn) in government revenue by 2060.

    Canada currently has just one east-west oil export pipeline in Canada, the 890,000-barrel-per-day Trans Mountain pipeline. An expansion of that pipeline was completed in 2024, but it is already running at capacity.

    For years, Canada has sent more than 90 percent of its crude oil exports to the US via pipeline. A new oil export pipeline could make Canada a major global energy supplier, as Asia’s top importers seek oil from outside the Middle East in the wake of the Iran conflict.

    Filling the pipeline, however, would require new tar sands expansions of the type no company has undertaken in more than a decade.

    The pipeline will be built by government-owned Trans Mountain Corp in coordination with Pembina Pipeline Corp. Alberta estimates it could cost between 35.2 billion Canadian dollars and 43.7 billion Canadian dollars ($24.7bn – $30.7bn).

    The majority owners will be the federal government and the government of Alberta. Indigenous communities will be offered a minimum of 10 percent ownership interest.

    Previous oil pipeline projects in Canada have faced strong opposition from environmentalists and Indigenous groups, resulting in the cancellation of some projects and leading to cost overruns and construction delays with others.

    Alberta separatism

    Carney made the announcement alongside Alberta Premier Danielle Smith in Fort McMurray in the heart of Canada’s tar sands, a move meant to mend relations with oil-rich Alberta as separatists push for a referendum on leaving Canada.

    Alberta is holding a public vote on October 19 on whether to hold a referendum on leaving Canada. Smith has long complained that Carney’s predecessor, Justin Trudeau, hindered Alberta’s energy industry and fuelled separatist sentiment.

    Smith said she would vote to keep Alberta in Canada and called the roughly 22 percent support for separation in a recent poll “still too high for my liking”.

    “I don’t like the fact that many of our fellow citizens have given up on Canada,” Smith said, adding that the pipeline was an example of how “cooperative federalism can work in action”.

    Asked what message Albertans considering separation should take from the announcement, Carney said it demonstrated that “Canada is working” and showed what the country could achieve by acting together.

  • Nithya Raman Reaches Out To David Ellison To Make Sure L.A Production & Jobs Return Now That ParaBros Deal Is Done

    Nithya Raman Reaches Out To David Ellison To Make Sure L.A Production & Jobs Return Now That ParaBros Deal Is Done

    Leading in polls in the Los Angeles mayor’s race, Nithya Raman went on a charm offensive Thursday with the film and TV industry, and Paramount‘s CEO David Ellison in particular.

    “To David Ellison, to his co-CEO, I don’t just want those dollars that you’ve committed to productions to be spent in America — I want them to be spent in Los Angeles,” the two-term councilmember said today at the Bloomberg Screentime conference, which is taking place in her Hollywood district. Raman said that though she was opposed to $111 billion merger of Paramount and Warner Bros Discovery, now that the deal has been approved she has no interest in “relitigating this into eternity.”

    As has been the case many times in the past, the home of Hollywood has some unlikely bedfellows when it comes to the bottom line. It is unknown whether Raman has directly reached out to Paramount brass since U.S. District Judge Araceli Martínez-Olguín signed off Tuesday on the antitrust settlement between the Ellison-run company and a dozen state attorneys general. Paramount reps did not respond to Deadline’s request for comment on any communication between the councilmember and the CEO.

    David Ellison

    Paramount CEO David Ellison

    Getty

    In full campaign mode, Raman emphasized during today’s panel interview that she will be a “relentless advocate” for uncapping the state’s current $750 million a year film and TV tax incentive program as a further move to get production back to California and L.A. With a room full of execs before her, the spouse of TV comedy scribe Vali Chandrasekaran also reiterated she would “ensure that we had a film office in the mayor’s office that was liaising with other jurisdictions, that was making it as simple to shoot here as possible, as low cost to shoot here as possible, and that work would be established almost immediately.”

    To that, with production significantly on the decline over the past six years and more than 50,000 jobs lost, Raman followed the headlines as Ellison and his newly minted co-CEO Ynon Kreiz prepare to meld the two iconic Hollywood companies.

    “If I get to be mayor, I want to work with you and ensure and fight as hard as I possibly can to make sure that every single one of those shoots are happening here in Los Angeles,” the candidate said, addressing Ellison and Kreiz directly in absentia. “And I will do everything in my power to make sure that happens.”

    Although Raman leads incumbent Mayor Karen Bass by double digits in many polls, the fact is one-third of voters in the City of Angels remain undecided just more than a month before the election. To that, the candidate has to win over a portion of those who voted for ex-The Hills regular Spencer Pratt in the three-way primary earlier this year — and she had a pitch.

    “To every voter who voted for Spencer Pratt in the primary who is disappointed that he’s not in this general election, I want to speak directly to you,” Raman said of the Donald Trump ally. “I want to speak directly to them, and to say that I share your frustration with City Hall, and I will work with every molecule of my being to ensure that this city is working for you.”

    Among his various post-primary endeavors, former Palisades resident Pratt has been instrumental, by all bipartisan accounts, in the crafting of federal film and TV tax incentive legislation — a bill Raman has said she also supports.

    Leaning into her own outsider status, even with years on the L.A. City Council, Raman added, again addressing Pratt voters: “The frustrations that Angelinos have with the direction of our city is warranted. We have, under this mayor’s leadership, we have moved in the wrong direction and and away from actually delivering the kinds of services that we were able to deliver just a few years ago because of fiscal mismanagement under her leadership.”

    “So, to those Pratt voters, I just want to say to you, I will do better for you,” she said.

  • ‘The Celebrity Traitors’ Scores Record-Breaking Season 2 Premiere With Nearly 9 Million Viewers

    ‘The Celebrity Traitors’ Scores Record-Breaking Season 2 Premiere With Nearly 9 Million Viewers

    The second season of the U.K.’s “Celebrity Traitors” is off to a record-breaking start.

    More than 8.8 million viewers watched Thursday night’s premiere of the BBC‘s devious reality show, according to overnight numbers, with viewership peaking at 9 million. In addition, over 50% of people watching TV were tuning into “The Celebrity Traitors,” making it the top program of the evening.

    This marks a new premiere record for “The Traitors” series in the U.K., drawing in around 3 million more viewers than past launches for both the inaugural season of its celebrity version last year and the most recent civilian season. The number will only get bigger as those who missed the first episode catch up in the coming days.

    And what a premiere it was. This season of “The Celebrity Traitors” stars an impressive list of names joining host Claudia Winkleman, including Richard E. Grant, Bella Ramsey, Myha’la, Maya Jama, James Acaster, Jerry Hall, James Blunt, Michael Sheen and more. Grant has already proven himself to be a standout with his sheer enthusiasm for the game, immediately causing chaos in the castle. The show is set to air on BBC One and iPlayer every Thursday and Friday at 8 p.m. BST for the next month, with its second episode coming out tonight.

    Season 5 of the U.K.’s civilian “Traitors” is set to premiere early next year. The franchise has also become hugely successful in the U.S., with Alan Cumming hosting a celebrity version on Peacock, as well as a civilian spinoff called “New Blood” which launched in September.

  • Cboe wants to turn VIX into a never-ending trade

    Cboe wants to turn VIX into a never-ending trade

    In contrast, perpetual swaps never expire. Instead, they use a funding rate mechanism to anchor the contract price to the spot index, theoretically offering investors the closest possible proxy to trading the actual VIX spot price.

    “Traders don’t have to worry about expiries and decay and just focus on the direction of where they think the underlying is heading. The VIX is one of many more indexes, assets and metrics that will be perpified. We expect to see a strong wave of perp-ification to occur in the coming months,” Martin Lee, market insights lead at DWF Labs, told CoinDesk.

    Some crypto exchanges like Gate already offer VIX/USDT perps, but the market is highly illiquid with little noticeable volume. Recently Hyperliquid listed futures tied to bitcoin’s VIX – Volmex’s bitcoin implied volatility index.

    A potential launch of VIX futures could bring more traders to volatility markets. More buyers and sellers and more hedging by market makers across VIX futures and other S&P 500 derivatives could pull the various VIX products into closer agreement.

    However, costs still exist in the form of funding payments. Also the index is really just mathematical calculation and doesn’t exist like bitcoin, which creates a channelge for market makers, who cannot easily buy and sell the “spot” to hedge their risks, just as $BTC market makers do.

    “For us, the interesting question is how funding would anchor an index that cannot be bought as a cash asset. Removing expiry does not remove hedge costs or basis risk. Until contract terms exist, this is a potential new volatility market, not a cheaper substitute for options convexity,” analysts at Marex Solutions said in an email.

    For now, Cboe’s plan shows just how fast traditional and crypto market structures are converging to support advanced volatility products. Stay alert!

    Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s Crypto Week Ahead.

  • John Wayne: 8 claims we’ve fact-checked

    John Wayne: 8 claims we’ve fact-checked

    Did John Wayne write inspiring letter to Montana school?

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