Will your baby qualify for $1,000 from the Trump administration?
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gizmodo
9 minutes ago
- Gizmodo
Elon Musk Deflects Bill Gates' Foreign Aid Alarm With Personal Swipe
The tech world's most consequential feud has flared up again. Elon Musk and Bill Gates, two men who have shaped the modern world, are locked in a bitter public dispute, this time over foreign aid cuts with life or death stakes. The conflict pits Musk, in his role spearheading a government efficiency initiative, against Gates, the world's most prominent philanthropist. A little over a month after Musk's departure from his role in the Trump administration, where he led efforts to slash federal spending, Gates took to X, Musk's own social network, to condemn the devastating impact of those cuts on global health. Drawing on new reports, Gates presented a grim tally of the human cost. 'A study in the Lancet recently looked at the cumulative impact of reductions in American aid. It found that, by 2040, 8 million more children will die before their fifth birthday,' Gates posted on July 3, linking to the medical journal's study. He followed up by highlighting the threat to HIV treatment programs. 'According to a @UNAIDS analysis, ending PEPFAR-supported programs for people living with HIV could result in an additional 4.2 million deaths by 2029,' Gates stated, providing a link to the report. Driving the point home, he warned that pulling vaccine funding would have catastrophic results. Gavi, the Vaccine Alliance, has helped immunize over 1.1 billion children since 2000. 'The U.S. announced that, after this year, it's pulling out all its money,' Gates wrote. 'If that happens, Gavi estimates that 75 million children will miss vaccinations over the next five years—and of those, 1.2 million children will die.' His conclusion was blunt: 'The facts are simple and devastating: Aid cuts have already cost lives, and the number of deaths will continue to rise.' Gates argued for a reversal, noting that global health is a tiny fraction of the federal budget. 'In 2023, the US spent less than one percent of the federal budget on lifesaving global health programs.' While Gates never mentioned Musk by name, the world's richest man felt targeted and seized on another user's post to launch a counterattack. The user blasted Gates, writing, 'Bro, you are worth $117 billion. If you really think aid cuts are costing lives, feel free to make up the difference.' Musk's reply was a single, cutting word: 'Exactly.' He then added a personal jab, dismissing Gates's philanthropic motives. 'The real reason Gates is unhappy is that HIS organization isn't getting billions in US taxpayer money anymore.' Exactly. The real reason Gates is unhappy is that HIS organization isn't getting billions in US taxpayer money anymore. — Elon Musk (@elonmusk) July 6, 2025As of July 5, Musk's net worth is estimated at $361 billion by the Bloomberg Billionaires Index, while Gates's fortune sits at $124 billion. The animosity between Musk and Gates is not new. It stems from a deep grudge Musk holds over Gates for shorting Tesla stock. Think of short selling as betting on failure. A short seller borrows shares of a stock, immediately sells them, and waits for the price to crash. If it does, they buy the shares back at the new, lower price, return them to the lender, and pocket the difference. It's a high risk move that infuriates founders like Musk, who see it as a direct attack on their company. Shorting is not illegal, but it's one of the most aggressive moves you can make in the market. Musk has never forgotten Gates's bet against his electric car company and brings it up frequently. 'Gates placed a massive bet on Tesla dying when our company was at one of its weakest moments several years ago,' Musk posted in September 2023. 'Such a big short position also drives the stock down for everyday investors.' He then added, 'To the best of my knowledge, Gates still has that massive bet against Tesla on the table. Someone should ask him if he does.' Just so that the public understands: Taking out a short position against Tesla, as Gates did, results in the highest return only if a company goes bankrupt! Gates placed a massive bet on Tesla dying when our company was at one of its weakest moments several years ago. Such a… — Elon Musk (@elonmusk) September 11, 2023While Gates has acknowledged placing a short position on Tesla in the past, he has never publicly confirmed if the position is still active, leaving the door open for Musk to continue fueling the feud.
Yahoo
11 minutes ago
- Yahoo
Bitcoin investor moves $8 billion worth of crypto after 14 years, originally bought for less than $210,000 — 80,000 BTC transferred from dormant Satoshi-era wallet
When you buy through links on our articles, Future and its syndication partners may earn a commission. An ancient beast has suddenly risen from its slumber after lying dormant for 14 years. In the realm of crypto, such a beast is known as a whale—an early adopter of the blockchain holding massive amounts of currency. Whales are often closely monitored by the community due to their foresight; therefore, even the slightest activity can be read as a signal based on which the markets can shift. One of these whales, currently speculated to be Roger Ver, has moved 80,000 Bitcoin over the past 24 hours. That's more than $8.6 billion in regular people's money, made from an initial investment of less than $210,000 back in 2011. Doing the math, this mystery whale has achieved a hypothetical return of nearly 4 million percent over its initial purchase, or approximately 40,000 times the original amount. All of these Bitcoins are from the highly revered Satoshi era, the infancy period between 2009 and 2011, when the cryptocurrency was first introduced. Wallets from this time are from true believers of Bitcoin, people who invested in the radical idea of a decentralized financial system when a single coin wasn't even worth $1. So, you can imagine the delight on crypto bros' faces when someone decided to move a record-breaking amount of Bitcoin yesterday. The previous record for the largest single transaction in Bitcoin history was a mere 3,700 BTC, and a whopping 10,000 BTC has now surpassed it, moving at once. There was a total of eight wallets involved in this transaction, each containing the aforementioned 10K Bitcoin, and they're all owned by the same person, according to leading crypto analyst Arkham. The tide started around early Friday, when two wallets that had been inactive for 14 years suddenly transferred 10,000 BTC each to new addresses. These original wallets date back to April 3, 2011, when they initially received a large amount of Bitcoin. At the time, one Bitcoin was worth just 78 cents, so 10,000 BTC would be valued at $7,800. That chalks up to a nearly 14 million percent increase. Eight hours later, six more wallets from the same era—each containing 10,000 BTC—moved their holdings without any prior test transactions. These are from May 4, 2011, when Bitcoin had risen to $3.25. In total, these eight wallets make up 80,000 Bitcoin, the entire stash believed to have been held by the mysterious whale. Bitcoin is currently trading at $108,000, slightly down from its historic high of $110,000, which it had reached shortly before the transfers occurred. Interestingly, during our research, we came across a 2023 Reddit post that discussed six Bitcoin wallets, each holding 10,000 BTC, and speculated on their ownership. The curious OP floated names like the Winklevoss twins and even jokingly suggested this might be "Satoshi's inheritance to his children." These six wallets, dating back to May 4, 2011, are the very same ones involved in the historic transaction, which moved their Bitcoin just hours after the earlier set of wallets from April 2, 2011, made their move. Forget our mystery whale, Reddit user RealVoldermort was the one who saw the storm coming before it ever even brewed. The Mysterious 6 Wallets Holding 10k BTC each from r/CryptoCurrency Of course, no one knows where these Bitcoins went. Was it a sale? Was it inheritance, simply moving from a deceased investor to their heir? Perhaps, it was Roger Ver—one of the earliest investors of Bitcoin, who championed the currency around its creation more than a decade ago. At least, that's what @SaniExp on Twitter claims with "99%" assurance. Constituents around the world have interesting theories as to why such a transaction occurred on a random Friday without any prior indications. Believing that Roger Ver is our leading man, some speculate that he executed the "sale" as part of a potential plea deal with the U.S. government. Ver, currently residing in Spain, is wanted in the United States on tax fraud charges and, earlier this year, appealed to President Trump for a pardon to avoid extradition. Regardless of who is revealed to be the whale swimming in the ocean, it's safe to say that it has shaken the world of crypto and finance as a whole. The new wallets, now containing over $8 billion of Bitcoin, have had no further movements since, and the true identity of our new owner remains unknown. We will update the story with more details if anything valuable surfaces. Follow Tom's Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button.
Fox News
11 minutes ago
- Fox News
Iran at 'decision point' after Trump strikes on nuclear program, says US NATO ambassador
U.S. Ambassador to NATO Matt Whitaker argued Iran is at a "decision point" following its war with Israel and U.S. airstrikes on its nuclear program — all while U.S. officials remain on high alert for sleeper cell concerns. Whitaker urged Iran to seek peace during "Sunday Morning Futures," while noting that the U.S. is still dealing with the implications of an open border – and the national security implications of it – from the Biden administration. "It's obviously a very dangerous world, Jason," Whitaker told Fox News' Jason Chaffetz on Sunday. "I think… President Trump, as a peacemaker, has made it safer, but at the same time, we're still dealing with a lot of the consequences of four years of Joe Biden, including a porous border, where not only did we have, as Tom Homan points out, over 1,200 Iranian nationals that came into our country that we know of, but you had over a million known gotaways that we have no idea who they are, where they went, and that's a real challenge." "But, at the same time, you know, President Trump has been very clear about his policy towards Iran, that they cannot have a nuclear weapon," he added. "And they're at a decision point. They should move forward and seek peace." Over 1,500 Iranian nationals who illegally entered the U.S. at the southern border were arrested during the Biden administration, and nearly 50% of them were released back into the country, according to a senior U.S. Customs and Border Protection (CBP) source last month. More specifically, Border Patrol agents arrested 1,504 Iranian nationals from fiscal year 2021 through fiscal year 2024. Of the 1,504 individuals who were arrested, 729 were released into the United States. Meanwhile, just hours after Trump addressed the nation about U.S. military strikes on Iranian nuclear sites, DHS released a new memo sounding the alarm on a "heightened threat environment in the United States." The bulletin from the National Terrorism Advisory System did not cite any specific threats but comes as Iranian officials have threatened retaliation. "It is our duty to keep the nation safe and informed, especially during times of conflict," the Department of Homeland Security said in a statement to Fox News Digital. "The ongoing Israel-Iran conflict brings the possibility of increased threat to the homeland in the form of possible cyberattacks, acts of violence, and antisemitic hate crimes." Whitaker argued the growing threat of possible Iranian sleeper cell activity in the United States puts tremendous pressure on law enforcement to be right "100 percent of the time." "Iran should come to the table and should sue for peace, and should make a peace deal with the United States, with Israel, and just say, 'No more. We want to be in the world where people seek prosperity and a bright future for their citizens,'" he said. "So, Jason… right now, this puts a lot of pressure on our law enforcement, puts a lot of pressure on… DOJ and the FBI to be right 100 percent of the time and seek out these sleeper cells and to make sure that they can't activate," he added.
