We know what’s coming and we are prepared.
Chris Larsen, cofounder of Ripple who just sold $250million of XRP last week, upgrading SFPD surveillance grid.
The net is closing fast it seems...
San Francisco Mayor Daniel Lurie announced Thursday a $9.4 million donation from a crypto billionaire to upgrade the police department's surveillance technology, including a new Real-Time Investigation Center (RTIC).
According to the mayor's office, the donation comes from Chris Larsen, co-founder of Ripple. With the money, the center will move from its current location at the Hall of Justice to a vacant office in the Financial District.
"It gives the team room to grow and ensures they're fully operational in a crisis. And it puts them right in the heart of downtown, where they can best serve every neighborhood across San Francisco," Lurie said at a press briefing Thursday morning.
Larsen said in a statement, "We are proud to help usher in a new era of accountability with the launch of an enhanced Real-Time Investigation Center for SFPD and law enforcement partners that matches San Francisco's reputation as the innovation capital of the world."
Also known as RTIC, the center brings together live data from drones, surveillance cameras and automated license plate readers, providing first responders with real-time information.
Lurie said the center has helped with more than 500 arrests and prevented numerous police pursuits since its launch in March 2024, including 32 arrests in the past week.
"This is the beginning of a new era of policing in San Francisco," said police chief Bill Scott, who is soon leaving the department to lead the Los Angeles Metropolitan Transit Authority police. "Our hard-working officers can continue to drive crime down by identifying and arresting offenders as quickly as possible."
🇺🇸 Teenagers are now facing charges after doing a ding-dong ditch prank with a twist. They showed up in masks, wearing tactical gear and a rifle, or what looks like a rifle.
Two #Delaware teenagers, aged 16 and 17, faced charges after knocking on doors in New Castle while wearing tactical-style vests and carrying what appeared to be a rifle, police said.
This could’ve ended so badly..
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🌆 Market News Digest
[Oct 20, 2026 EST]
🔥 Top Stories
• US–Iran tensions swing markets — Hormuz tanker fire, Israel warns of renewed strikes, Rubio says talks are hard; oil stayed volatile even as Brent eased below $109
• Anthropic’s massive AI spend shock — WSJ says it may spend >$600B on compute, with huge cloud/Nvidia commitments and >$80B H1 loss
• Trump on Ukraine, Iran and trade — says Ukraine must make a deal, India trade is “pretty close,” and he’s weighing Iran action
⛽ Oil & Energy
• Hormuz tanker fire / mine incident — IRGC says a supertanker carrying >2M barrels caught fire after hitting a mine
• Europe gas >€90 — benchmark tops 2022 levels on supply fears; US diesel prices remain elevated
• NATO and EU security push — NATO adds Black Sea assets; EU doubles down on Arctic security and keeping fossil fuels in the ground
📊 Markets & Macro
• US housing weakens further — starts fell 5.2% and pending sales dropped 7.3% to a record low, pressuring ...
📝 🇪🇺 🇫🇷 Mario Nawfal on X: Europe's riots are just the beginning. The real economic shock hasn't even arrived yet.
I spoke with economist Philip Pilkington about the unrest spreading across France, Italy and Albania.
He thinks we're watching the early stages of something much bigger.
One statistic really caught my attention.
According to Pilkington, France's inflation-adjusted household food consumption has fallen roughly 6.4% since 2022. He suspects the poorest households have suffered far steeper cuts.
Now add another surge in energy prices.
Pilkington pointed to rice futures rising 70% this year, wheat and sugar climbing 40%, and fertilizer shortages threatening next year's harvest.
His prediction is that the worst food inflation could arrive this winter or next spring.
And there's a political problem sitting right on top of it.
Governments across Europe are already deeply unpopular. People are struggling to afford basic necessities, and another prolonged energy ...
