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War Unicorn Hermeus Raises $350 Million For Unmanned Supersonic Fighter Jets

War Unicorn Hermeus Raises $350 Million For Unmanned Supersonic Fighter Jets

Atlanta-based aerospace startup Hermeus Corp. has secured $350 million in a funding round that values the builder of uncrewed supersonic and hypersonic fighters at north of $1 billion, according to a Bloomberg report.

Bloomberg reports that the company will use the proceeds from the latest funding round to build two more supersonic jets, called “Quarterhorse,” and to expand manufacturing as it works on an uncrewed aircraft designed to fly at Mach 3 or faster.

The company is also working on a hypersonic uncrewed jet called “Darkhorse.”

The round was led by Khosla Ventures and included investors such as Founders Fund, Canaan Partners, RTX Ventures, and In-Q-Tel. The company says it has now raised more than $500 million in total and is valued at $1 billion.

Hermeus says the aircraft is designed to deliver fighter-jet-level payload capacity in a cheaper, unmanned platform for defense use.

Founded in 2018, Hermeus is part of the rising class of startups in the defense space that we have called “war unicorns,” as the Department of War resets the procurement process and focuses on funding a new era of defense startups rather than bloated legacy defense primes that are highly skilled at squandering taxpayer funds.

Vinod Khosla, the founder of Khosla Ventures, told the outlet, “The US is very far behind anything in Russia or China on hypersonic flight and weapons. So it becomes imperative that we have a strategy, and that’s what Hermeus is doing.”

Hermeus is trying to close the gap in hypersonic aviation as the US remains behind Russia and China. The US is still in the testing phase of hypersonic weapons, while Russia and China have already fielded such weapons.

Tyler Durden
Tue, 04/07/2026 – 23:00

US Scientists Crack Superconductor Code – Zero Energy Loss Moves Closer To Reality

US Scientists Crack Superconductor Code – Zero Energy Loss Moves Closer To Reality

Authored by Prabhat Ranjan Mishra via Interesting Engineering,

Researchers in the United States have unlocked secrets of high-temperature superconductors.

Small differences in how atoms are arranged in a crystalline lattice can strongly affect superconductivity. (Representational image) Wildpixel/Charles

Researchers at the U.S. Department of Energy’s (DOE) Argonne National Laboratory have discovered how tiny changes in superhydride structure enable superconductivity at near room temperatures but extreme pressure – offering clues for designing more practical superconductors.

These experiments show what the upgraded APS can do. We can now study atomic-level structures with unprecedented detail in materials under extreme pressure,” said Maddury Somayazulu, Argonne physicist.

Superconductors allow electricity to flow without resistance

Researchers revealed that superconductors allow electricity to flow without resistance, meaning no energy is lost as heat. This property makes them useful for technologies such as MRI scanners, particle accelerators, magnetic-levitation trains and some power-transmission systems.

They also highlighted that most superconductors, however, only work at extremely low temperatures – often hundreds of degrees below zero Fahrenheit. Keeping materials that cold requires complex and costly cooling systems, which limits where the superconductors can be used.

Now, researchers in the U.S. have helped take a step toward easing that limitation. They have gained new insight into a class of materials called superhydrides that can become superconducting at much higher temperatures – around 10 degrees Fahrenheit.

In the new study, Hemley and his fellow researchers explored whether changing the material’s chemistry could lower the pressure needed for superconductivity. They added a small amount of yttrium to the lanthanum superhydride to make it more stable and reduce the pressure required.

“To reach these extreme pressures, we squeezed a tiny sample between two diamonds,” said Maddury Somayazulu, a physicist at the APS. The team’s diamond-anvil device can generate pressures as high as five million atmospheres.

Forming superconducting material at high pressure and temperature

After forming the superconducting material at high pressure and temperature, the team used high-energy X-rays from the APS to study its structure (at beamlines 16-ID-B and 13-ID-D).

​”We focused an intense X-ray beam onto a sample only a few micrometers thick and about ten to twenty micrometers across,” said Vitali Prakapenka, a beamline scientist and research professor at the University of Chicago. One micrometer is about 1/70th the width of a human hair.

The recent APS upgrade made these measurements possible. Its brighter, more tightly focused X-ray beam allowed researchers to study extremely small samples while changing the pressure, according to a press release. ​

“That beam allowed us to separate signals coming from the tiny sample itself as opposed to those coming from the surrounding materials and diamond anvils,” Prakapenka said.

The team found that small differences in how atoms are arranged in a crystalline lattice can strongly affect superconductivity. They identified two different crystal structures, each becoming superconducting at a slightly different temperature, as per the release.

These experiments show what the upgraded APS can do,” Somayazulu said. ​”We can now study atomic-level structures with unprecedented detail in materials under extreme pressure.”

Researchers also highlighted that although the pressures used in the experiments are still very high — about 1.4 million times atmospheric pressure — the researchers see this as part of a longer path forward. They are adding more elements to lower the pressure further with the goal of making these materials practical.

Tyler Durden
Tue, 04/07/2026 – 22:35

As Los Angeles Hits “Breaking Point” Population Exodus, Houston’s GDP Rockets Higher

As Los Angeles Hits “Breaking Point” Population Exodus, Houston’s GDP Rockets Higher

California – which spends nearly 40% of taxpayer revenue ($95.5 billion, not including federal funds) on social services that’s rife with  fraud – and which spends roughly 25% of its $95.5 billion Medi-Cal budget (free healthcare) on illegal immigrants, is in the midst of a massive population exodus due to housing affordability, crime, taxes, wildfires, parental rights, and homelessness. 

And while San Francisco and Los Angeles compete for the biggest cesspool in the country, LA county just took the crown when it comes to population loss.

According to the latest US Census data, Los Angeles county lost over 53,000 residents – marking the largest decline in any US city between July 1, 2024 and July 1, 2025 – while the overall population loss from 2020 to today is roughly 300,000 people.

“There is a real sense of burnout. They are paying insane taxes and getting absolutely nothing in return,” according to real estate developer Robert Rivani in a comment to Fox Business. “People feel like they’re living in a place that’s draining them financially and in exchange they’re dealing with rising crime, shrinking services, and a sense that everyone around them is trying to leave too.” 

“It isn’t just one factor, it’s the breaking point phenomenon. The taxes, the lack of safety, the red tape,” Compass Real Estate agent Chad Carroll told the outlet. “I have a client from California whose home was broken into twice in the past six months. The whole political landscape there is destroying the state.”

“These are individuals who have spent their lives building businesses and wealth,” he added, “and they feel that California has become a place that takes everything and gives back very little in terms of safety, infrastructure and opportunity.”

Houston We Have The Opposite Of A Problem

Meanwhile, Houston is undergoing a transformation. Not only can you actually get homeowner’s insurance (13% of realtors said they’ve had at least one home fall out of escrow because a buyer couldn’t find insurance), 

Let’s compare to Los Angeles: 

  • Housing Affordability & High Cost of Living: LA housing is 2.5–3× more expensive than Houston (median ~$900k+ vs ~$340k).
  • High Taxes: Houston has no state income tax. Los Angeles has a top rate of 13.3%.
  • Crime, Homelessness & Public Safety: Houston has far lower homelessness (~14× lower rate) and better recent crime trends.
  • Parental Rights & Education Policies: Houston/Texas has stronger parental notification and consent laws.
  • Wildfires, Natural Disasters & Insurance Crisis: Los Angeles faces severe wildfire insurance non-renewals and premium spikes. Houston does not.
  • Jobs, Wages & Economic Opportunity: Houston has stronger job growth and better cost-of-living-adjusted wages.
  • Traffic, Congestion & Infrastructure: Los Angeles has significantly worse traffic (83 vs 56 hours lost per year).
  • Broader Quality-of-Life: Houston has lighter regulations, faster permitting, and lower energy costs.

About that job growth: Houston real estate experts @Houstonomics just revealed that Houston became the 6th largest metro economy in 2024 (most recent data), and became the second fastest growing city out of the country’s 20 largest metro economies

In a Saturday post on X (via Capital.news), they note: The numbers are in, and they demand attention.

Metro Houston’s GDP hit $758.3 billion in 2024, crossing three-quarters of a trillion dollars in real, inflation-adjusted terms for the first time on record. That makes Houston the 6th largest metro economy in the United States, ahead of Washington D.C. and closing in fast on the cities above it.

But the size of the number is not the real story. The velocity is.

Houston grew at 4.1% in 2024, nearly double the national rate of 2.8%. Over the prior two years, only Seattle grew faster among the 20 largest metro economies. In absolute dollar terms, Houston added $72.6 billion in output, second only to New York City. That is not an oil town riding a commodity cycle. That is a diversified industrial powerhouse firing on all cylinders.

The conventional wisdom about Houston has always centered on energy. And yes, energy is still woven into the fabric of this city. But oil and gas extraction has fallen from 7.7% of GDP in 2014 to just 3.8% today, even as total output has grown. The city has not abandoned energy. It has grown everything else around it faster.

Manufacturing tells that story best. Houston produced $126.9 billion in manufactured goods in 2024, leading every metro in the country for the third straight year. More than Los Angeles. More than Chicago. More than double Detroit. Recent project announcements from Foxconn, Eli Lilly, and Tesla signal that this base is expanding well beyond its petrochemical roots.

Worker productivity reinforces the picture. The average Houston worker generates $221,000 in economic output per year, nearly 19% above the national average. That figure has risen 11.1% since 2019, outpacing the 7.9% national gain. Houston achieves this not through a narrow concentration of tech billionaires, but through the rare combination of skilled blue-collar workers and world-class industrial capital operating at scale.

Then there is trade. Nearly one in four dollars produced in Houston gets exported to global markets. No other major metro comes close. Dallas and Chicago export roughly 6% of their output. Houston exports 24%. The Port of Houston connects this industrial base to the world, and the world keeps buying.

The investment community is paying attention. In 2025, the Greater Houston Partnership recorded 683 new business announcements, a 26.5% increase over the prior year. Of the 683 announcements tracked in ’25:

  • 35 disclosed employment figures totaling 14,834 new jobs.

  • 42 reported $10.5B in capital investment.

  • 665 disclosed 602.8M SF in space occupancy.

Of those, 117 came from foreign-owned firms, the highest volume on record. Companies from around the world are choosing Houston not as a backup plan, but as a primary destination.

The Purchasing Managers Index has shown continuous expansion for 68 consecutive months. Vehicle sales hit an all-time regional record. Sales tax revenues rose 5.9% in 2025, even after adjusting for inflation. The macro data and the street-level data are telling the same story.

Houston is not having a moment. It is building a permanent position at the top tier of American economic geography. The city that the coastal consensus once dismissed as a boom-bust energy town has quietly become one of the most productive, most export-oriented, most globally connected industrial economies on the planet.

The data is out. The question is whether the rest of the country is paying attention.

Data sourced from the Greater Houston Partnership, “Houston:The Economy at a Glance,” March 2026.

 

Tyler Durden
Tue, 04/07/2026 – 22:10

Why Military Bases Should Never Have Been Gun-Free Zones

Why Military Bases Should Never Have Been Gun-Free Zones

Authored by John R. Lott Jr. via RealClearPolitics,

It may sound hard to believe, but except for a very limited group of personnel, the military has treated its bases as gun-free zones. Until Thursday, only designated security forces – such as military police – could carry firearms while on duty. Commanders punished any other soldier caught carrying a weapon severely, with penalties ranging from rank reduction and forfeiture of pay to court-martial, dishonorable discharge, criminal conviction, and even imprisonment.

That changed with a statement from Secretary of War Pete Hegseth.

Before today, it was virtually impossible. Most people probably don’t know this. It is virtually impossible for War Department personnel to get permission to carry and store their own personal weapons aligned with state laws where we operate our installations. I mean effectively our bases are gun-free zones unless you’re training or unless you are a military policeman.”

Consider the attacks at Holloman Air Force Base (2026), Fort Stewart (2025), Naval Air Station Pensacola (2019), the Chattanooga recruiting station (2015), both Fort Hood shootings (2014 and 2009), and Navy Yard (2013). Across these attacks, 24 people were murdered and 38 wounded. In each case, unarmed personnel – including JAG officers, Marines, and soldiers – had to hide while the attacker continued firing.

Yet when the military deployed U.S. troops to Iraq and Afghanistan, it required them to carry their weapons at all times – even on base. Those soldiers needed to defend themselves against real threats, and there are no known cases of them turning those weapons on each other. The policy worked. Soldiers carried firearms without creating internal violence.

So why make it easier for attackers to target troops at home? Why force soldiers – like those at Fort Stewart – to confront armed attackers with their bare hands?

It wasn’t always this way. In 1992, the George H.W. Bush administration started reshaping the military into a more “professional, business-like environment.” That shift led to tighter restrictions on firearms. In 1993, President Clinton rewrote and implemented those restrictions, effectively banning soldiers from carrying personal firearms on base.

If civilians can be trusted to carry firearms, military personnel certainly can. As Hegseth noted, “Uniformed service members are trained at the highest and unwavering standards.”

Why would a soldier risk such severe penalties? Because those penalties do not deter attackers. Someone planning to murder fellow soldiers will not stop because of gun laws. Most mass attackers expect to die during the assault, so the threat of additional punishment carries no weight. Even if they survive, they already face multiple life sentences or the death penalty.

But those same rules weigh heavily on law-abiding soldiers. A soldier who carries a firearm for self-defense risks becoming a felon and destroying his or her future. These policies disarm the innocent while signaling to a determined attacker that no one else will be armed.

Military police guard base entrances, but like civilian police, they cannot be everywhere. Military bases function like cities, and MPs face the same limitations as police responding to mass shootings off base.

Uniformed officers are easy to identify, and that gives attackers a real tactical advantage. Attackers can wait for an officer to leave the area or move on to another target – either choice reduces the chance that an officer will be present to stop the attack. And if the attacker strikes anyway, whom do you think they target first?

Research shows that civilians with concealed handgun permits are more likely to stop active shooting attacks. By contrast, although police stop fewer attacks, attackers kill them at much higher rates – police are twelve times more likely to be killed.

After the second Fort Hood terrorist attack, Army Chief of Staff Gen. Mark Milley – then commander of Thirds Corps at that base – testified to Congress: “We have adequate law enforcement on those bases to respond … those police responded within eight minutes and that guy was dead.” But those eight minutes proved far too long for the three soldiers who were murdered and the 12 others who were wounded.

Time after time, murderers exploit regulations that guarantee they’ll face no armed resistance. Diaries and manifestos of mass public shooters show a chilling trend: They deliberately choose gun-free zones, knowing their victims can’t fight back. While we don’t yet know if the Fort Stewart shooter made that same calculation, his actions fit a pattern seen in dozens of other cases. It’s no coincidence that 93% of mass public shootings happen in places where guns are banned.

Ironically, soldiers with a concealed handgun permit can carry a concealed handgun whenever they are off base so that they can protect themselves and others. But on the base, they and their fellow soldiers had been defenseless. Fortunately, that has all now changed.

Allowing trained service members to carry on base restores a basic ability to defend themselves and others when seconds matter most. Policies that disarm the very people we trust in combat do not enhance safety – they leave our troops unnecessarily vulnerable where they should be most secure.

John R. Lott Jr. is a contributor to RealClearInvestigations, focusing on voting and gun rights. His articles have appeared in publications such as the Wall Street Journal, New York Times, Los Angeles Times, New York Post, USA Today, and Chicago Tribune. Lott is an economist who has held research and/or teaching positions at the University of Chicago, Yale University, Stanford, UCLA, Wharton, and Rice.

Tyler Durden
Tue, 04/07/2026 – 21:45

Living In Any New York Borough Now Requires A Six Figure Income

Living In Any New York Borough Now Requires A Six Figure Income

Living in New York City without financial assistance now requires a six-figure income in every borough, according to Bloomberg.

The Fund for the City of New York’s latest “self-sufficiency standard” shows that in 2026, a family of four with two school-age children needs about $133,000 a year to cover basic expenses without outside help. Still, 46% of households fall short of that level.

A separate report from Mayor Zohran Mamdani’s office found that economic strain is even more widespread. In 2022, more than 5 million residents—62% of the population—were unable to both meet essential costs and save for emergencies. For families with children, the median income required rises to $159,197.

Together, the findings point to a deepening affordability crisis. Mamdani has proposed measures such as free universal childcare, fare-free buses, and rent freezes to ease the burden. He also noted that Black and Latino communities are disproportionately affected.

Costs have surged dramatically over time. In the Bronx, a two-parent household with two children now needs about $125,814 annually—up 162% from 2000. In Northwest Brooklyn, that figure reaches roughly $154,000, more than triple the borough’s earlier benchmark. Every borough has seen similar triple-digit increases.

Having children significantly raises expenses. Nearly half of married couples with kids earn below what they need, while households with two adults and no children were the only group consistently meeting costs in 2022.

Bloomberg writes that the impact is especially severe for younger residents. About 1.2 million children—73% of those under 18—live in families below the true cost-of-living threshold. Rising expenses have also driven families out: the number of children under five dropped 18% between 2020 and 2024.

Single parents face the greatest financial pressure. In 2022, 84% of those with one child fell short of the income needed to get by, rising to 94% for two children and 99% for three.

Recall, Zero Hedge contributor Quoth the Raven recently wrote about exactly how Mamdani’s “tax fantasy” has already failed elsewhere in the United States. Now it looks like it’s failing in New York. 

Tyler Durden
Tue, 04/07/2026 – 21:20

Education Department Ditches Title IX Agreements That Pushed ‘Transgender Agenda’ In Multiple Schools

Education Department Ditches Title IX Agreements That Pushed ‘Transgender Agenda’ In Multiple Schools

Authored by Troy Myers via The Epoch Times (emphasis ours),

The Department of Education announced April 6 that it rescinded agreements between previous administrations and multiple school districts that aimed to enforce civil rights laws with regard to students who identify as transgender.

The Department of Education building in Washington on Nov. 18, 2024. Jose Luis Magana/AP Photo

Previous administrations had distorted the law to police discrimination based on gender identity, instead of sex, for which it was intended, saddling schools with potential violations of Title IX for not using students’ preferred pronouns or questioning a student’s preferred gender, the department said in a news release.

“Today, the Trump Administration is removing the unnecessary and unlawful burdens that prior Administrations imposed on schools in [their] relentless pursuit of a radical transgender agenda,” Assistant Secretary for Civil Rights Kimberly Richey said in the news release.

Resolution agreements are used by the Education Department’s Office of Civil Rights to require schools to enforce compliance with federal civil rights laws such as Title IX, which prohibits discrimination on the basis of sex in any school, program, or activity that receives federal funding.

With the termination of the agreements—made with the Cape Henlopen School District in Delaware; Delaware Valley School District in Pennsylvania; Fife School District in Washington state; and La Mesa-Spring Valley School District, Sacramento City Unified, and Taft College in California—the Education Department will no longer play a role in policing discrimination on gender identity.

The resolutions with those schools were based on ideologically driven, illegal, and heavy-handed manipulations of Title IX under previous administrations, the news release stated.

“While prior Admins distorted Title IX to pander to political ideology and police ‘misgendering,’ we’re investigating allegations of girls injured by men on their sports team or feeling violated by men in their intimate spaces,” Education Secretary Linda McMahon wrote in a post on X.

Monday’s decision to terminate the agreements is another step in protecting students and restoring common sense, Richey added in the news release.

In 2024, the Biden administration expanded the scope of Title IX to enforce discrimination based on gender identity. A federal court in January 2025 found that change to be illegal.

Once President Donald Trump took office for his second term in January 2025, he returned to enforcing his first administration’s enforcement of Title IX on the basis of sex.

The Trump administration has filed lawsuits against California, Oregon, and Minnesota over the states’ policies on transgender students, including those allowing transgender-identifying male students to participate in women’s sports and to access women’s locker rooms.

Investigations were also opened against other states, such as New Jersey, over concerns that boys are being allowed to use girls’ restrooms and locker rooms.

Young women should not have to sacrifice their rights to compete for scholarships, opportunities, and awards on the altar of woke gender ideology,” Assistant Attorney General Harmeet Dhillon previously said.

Tyler Durden
Tue, 04/07/2026 – 20:55

CIA Used “Ghost Murmur” To Locate Missing F-15 Airman From 40-Miles Away

CIA Used “Ghost Murmur” To Locate Missing F-15 Airman From 40-Miles Away

In combination with the downed F-15 weapons systems officer, known publicly only as “Dude 44 Bravo,” activating Boeing’s Combat Survivor Evader Locator, or CSEL, U.S. forces were reportedly able to narrow the search area and then locate the second crew member shot down over southern Iran using a secret CIA reconnaissance tool known as “Ghost Murmur.”

The New York Post reports that the long-range quantum magnetometry surveillance tool, powered by AI, was used in the U.S. search-and-rescue operation for the second crew member from the downed F-15 fighter jet.

Sources described Ghost Murmur as able to detect something as faint as a human heartbeat’s magnetic signal at long distances in complex environments using AI to filter through the noise.

President Trump and CIA Director John Ratcliffe hinted at the new super-surveillance tool at a White House press conference on Monday afternoon. This was Ghost Murmur’s first operational field use, or at least the first publicly known one.

It’s like hearing a voice in a stadium, except the stadium is a thousand square miles of desert,” a source briefed on Ghost Murmur told the NYPost. “In the right conditions, if your heart is beating, we will find you.”

Ghost Murmur was reportedly developed by Lockheed Martin’s Skunk Works and has been tested on Black Hawk helicopters, with possible future use on F-35 stealth fighter jets.

The name is deliberate. ‘Murmur’ is a clinical term for a heart rhythm. ‘Ghost’ refers to finding someone who, for all practical purposes, has disappeared,” another source said.

The source continued:

It was “about as clean an environment as you could ask for” because of low electromagnetic interference, “almost no competing human signatures, and at night the thermal contrast between a living body and the desert floor,” which “gave operators a secondary confirmation layer.”

“Normally this signal is so weak that it can only be measured in a hospital setting with sensors pressed nearly against the chest.”

“But advances in a field known as quantum magnetometry — specifically sensors built around microscopic defects in synthetic diamonds — have apparently made it possible to detect these signals at dramatically greater distances.”

“The capability is not omniscient. It works best in remote, low-clutter environments and requires significant processing time.” 

Before Ghost Murmur went operational, Dude 44 Bravo activated Boeing’s Combat Survivor Evader Locator, or CSEL, a secure communications device that can transmit encrypted location and status bursts without exposing his position to enemy forces.

“It’s like finding a needle in a haystack, finding this pilot, and the CIA was unbelievable,” Trump said Monday, referring to Ghost Murmur. 

“The CIA was very responsible for finding this little speck,” the president said, adding that the CIA spotted the missing American from “40 miles away.”

Tyler Durden
Tue, 04/07/2026 – 20:30

Cyber Crimes Costing Americans Nearly $21 Billion: FBI

Cyber Crimes Costing Americans Nearly $21 Billion: FBI

Authored by Naveen Athrappully via The Epoch Times,

The FBI released its 2025 Internet Crime Report, revealing that Americans were being defrauded to the tune of nearly $21 billion, with artificial intelligence (AI) and cryptocurrency crimes behind some of the massive losses.

“Americans who submitted complaints involving cryptocurrency reported the highest losses, with 181,565 complaints totaling more than $11 billion,” the agency said in an April 6 statement.

Roughly 70 million American adults, around 30 percent of the country’s adult population, own a cryptocurrency, with one in three owners being between the ages of 30 and 44, according to Security.org.

The FBI’s Internet Crime Complaint Center (IC3) said that total losses of $20.87 billion in 2025 are more than 20 times higher than the $1 billion loss reported in 2015. The number of complaints has also surged during this period, rising from 288,012 complaints to more than a million.

“For the first time in its nearly 25-year history, the IC3 report features a section on artificial intelligence, which accounts for 22,364 complaints, costing Americans nearly $893 million,” the report said.

The losses reported in 2025 were 26 percent higher than in the previous year, with the average loss at $20,699.

The FBI noted that scammers rely on pressure techniques to defraud Americans. The agency advised people to assess the situation carefully before turning over money or personal information.

IC3 receives nearly 3,000 complaints per day. If you believe you or someone you know may have been a victim of a fraud or scam, contact your local FBI office or submit a complaint at ic3.gov as soon as possible,” the FBI advised.

“You should document the name of the scammer/company, methods of contact, dates of contact, methods of payment, where funds have been sent, and a thorough description of the interactions.”

Artificial Intelligence

The FBI report said that AI-enabled synthetic content is now becoming more difficult to detect and easier to make.

This allows criminal actors to “potentially conduct successful fraud schemes against individuals, businesses, and financial institutions,” it said.

In business email scams, malicious actors use AI chat generators to create official-sounding emails mimicking a company’s CEO or other officials. These emails may contain phishing links or directions to wire funds.

The technology can also be used in romance or investment scams to dupe people into transferring their money.

Crypto Fraud

Complaints involving cryptocurrency were up 21 percent from 2024, with the average loss being $62,604. People may be targeted by scammers who direct them to make payments via crypto ATMs. In some cases, fictitious law firms target cryptocurrency scam victims and exploit them with fake offers of recovering funds.

In January 2024, the FBI and the U.S. Secret Service initiated Operation Level Up to identify victims of cryptocurrency investment fraud and notify them about the scam.

As of December 2025, the FBI has notified 8,103 victims of cryptocurrency investment fraud, with 77 percent of them unaware that they were being scammed.

The timely notification by the FBI is estimated to have resulted in more than $511 million in savings to victims, the agency said.

Elder Fraud

The IC3 report also highlighted the issue of elder fraud, listing 201,266 complaints from individuals aged over 60 last year, which is the highest number of complaints filed by any age group.

This age group suffered more than $7.7 billion in losses, up 59 percent from 2024. The average loss was $38,500, with nearly 12,500 individuals losing more than $100,000 in funds each.

In November 2025, the Department of Justice reported charging 608 defendants between July 1, 2024, and June 30, 2025, for allegedly stealing more than $2.36 billion from more than 1 million elderly American victims.

Some of the top schemes targeting elders involved investment fraud, government impersonations, and romance scams, the department said.

To avoid being a victim of elder fraud schemes, the U.S. Secret Service advises people to be wary of unsolicited communications from unknown people or businesses.

The agency warned against handing over personally identifiable information, online passwords, or bank access codes to individuals or businesses they have not verified as legitimate.

Regarding scams involving impersonation of government agencies, the Secret Service said: “Note that government agencies will never call you on the phone to threaten you or your loved ones with arrest or legal action if you do not agree to remit payment for things like debt collections, release from jail, or immigration status issues.

“Official notification from U.S. government agencies will almost always initially involve an official letter sent via regular mail.”

Tyler Durden
Tue, 04/07/2026 – 20:05

Massive “Treasure Trove” 3,000-Year-Old Silk Road City Discovered In Uzbekistan

Massive “Treasure Trove” 3,000-Year-Old Silk Road City Discovered In Uzbekistan

Authored by Maria Mocerino via Interesting Engineering (emphasis ours),

A Chinese-Uzbek archaeological team has discovered a remarkable 3,000-year-old city along the Silk Road that is rich with artifacts, providing new insights into urban development during the early Iron Age in Central Asia.

Surkhan State Reserve. Sherobod District, Surxondaryo Region, Uzbekistan. (Wikimedia)

Originally discovered in 1969, the expansive Bandikhan II site, covering 107,639 square feet, is located in the Bandikhan oasis. The Surxondaryo region in southern Uzbekistan is known as an archaeological treasure trove, containing multiple ancient settlement mounds. It was only recently, in 2023, that a team began excavations at Bandikhan II, which served as a crucial hub on the legendary Silk Road.

During the excavation, archaeologists uncovered remnants of an eastern wall, numerous structures, and interconnected rooms, along with a wealth of artifacts. These findings enabled researchers to identify the city as belonging to the Yaz culture, further enhancing our understanding of their role within ancient Bactria, according to TV Brics.

Though a section of this major urban center of the ancient Bactrian kingdom has been excavated thus far, the findings are providing key evidence “for understanding the form of early Iron Age city-states in southern Central Asia and the evolution of urban layouts from Bronze Age to the early Iron Age,” as per Global Times.

A Silk Road city

So far, archaeologists have explored only 3,229 square feet of the 107,639-square-foot site in the eastern section of the ancient city. However, they have confirmed that it is the largest and best-preserved settlement in the Bandikhan oasis, with foundations dating back to the early Iron Age. Researchers have begun to understand the city’s layout and how it was constructed and used during that time.

The well-preserved eastern wall features a trapezoidal cross-section, demonstrating the construction techniques employed. Inside the city, they found a detailed snapshot of daily life, including five interconnected rooms. One of these rooms was used for sleeping and contained a niche where a lamp was placed, as reported by Heritage Daily. This conclusion was drawn from the hardened interior, which indicated repeated burning and revealed the niche’s function.

Among the recovered artifacts were pottery pieces, including carinated jars, bowls, and flat-bottomed dishes. The forms and decorations of these items matched those found at other Yaz sites, such as Kuchuktepa and Yaztepa, clarifying who built this advanced urban center. While Bandikhan II shares structural similarities with these sites, it also displays notable differences, particularly in the absence of semicircular defense towers along its exterior walls.

An assortment of stone tools, including grinding slabs, mullers, pestles, and mortars, suggested that grain was processed on-site. Additionally, bronze knives and arrowheads were identified, along with seashells.

What will they find next?

The initial excavations at this Silk Road city have yielded impressive findings, generating excitement for future digs as researchers plan to expand their work in upcoming seasons. This flourishing city, with its enduring legacy, continues to be uncovered.

In response to these discoveries, a two-week training program on Silk Road archaeology has been established, aimed at promoting the protection and transmission of Silk Road cultural heritage, as concluded by The Global Times.

Tyler Durden
Tue, 04/07/2026 – 19:15

Synagogue In Tehran ‘Completely Destroyed’ In US-Israeli Strikes On Area

Synagogue In Tehran ‘Completely Destroyed’ In US-Israeli Strikes On Area

The AP, AFP, and others have cited Iranian state media to say that US-Israeli strikes have “completely destroyed” a synagogue in Tehran, as attacks have intensified overnight and into Tuesday.

“According to preliminary information, the Rafi-Nia Synagogue … was completely destroyed in this morning’s attacks,” the Shargh newspaper reported. Mehr news agency describes the synagogue was destroyed when an adjacent residential building in central Tehran was bombed in an aerial attacks.

Jerusalem Post: A reported photo of the damage to the Rafi Niya Synagogue as the result of a strike in Tehran.

Footage from the scene showed Hebrew-language books scattered on the ground and amid the rubble. Rescue efforts searching for bystanders ensued in the area. There have been no initial reports of casualties.

Israeli media, specifically the Jerusalem Post, has actually confirmed the destruction, noting that both Iran’s Jewish parliament representative as well as the synagogue’s Persian Jewish rabbi have condemned the attack in visits to the scene:

The report said that due to the narrowness of the streets surrounding the building attacked, the exterior and interior of the nearby buildings were also “severely damaged”. There was no immediate report on casualties.

In a video published on Telegram by Iran’s official IRIB News outlet, Homayoun Sameh, a Jewish representative in the country’s Islamic Consultative Assembly, said “the Zionist regime showed no mercy to this community during the Jewish holidays and targeted one of our ancient and holy synagogues.

“Unfortunately, during this attack, the synagogue building was completely destroyed and our Torah scrolls were left under the rubble,” he said.

via Middle East Eye/IRNA

According to more confirmation from JPost, “Footage and reports circulated by Iranian outlets and social media accounts identified the site as the Rafi Niya Synagogue, located near Palestine Square in central Tehran, an area that has seen repeated strikes in recent days.”

“This was confirmed to The Jerusalem Post by independent sources, who told the Post that a member of the Tehran Beit Din, Rabbi David Sasani, had been seen at the site, evaluating the damage,” it adds.

Judaism, alongside Christianity, is a minority in Iran but has protected status and even enjoys representation in Iranian parliament. There are over 30 synagogues in Tehran alone, and some 100 throughout the country, with estimates of around 10,000 Iranian Jews. The Rafi-Nia synagogue was built in the 20th century.

IRNA English, Iran’s official state news agency, has accused Israel of actually targeting it: “a few hours ago, the Jewish synagogue near Palestine Street in Tehran was targeted by Israeli fighter jets,” it said.

Tyler Durden
Tue, 04/07/2026 – 18:50