NEWS
Crypto Tax Proposals Weighed Ahead of Tuesday House Hearing
The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the…
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Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say
In brief Zcash plummeted in price following the disclosure of a critical, four-year-old vulnerability. Because of Zcash’s privacy features, the bug’s scope couldn’t definitively be…
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Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K
In brief Strategy’s stock tumbled to a four-month low on Friday, and its flagship preferred stock slipped again. Benchmark-StoneX analyst Mark Palmer said STRC’s swoon…
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Bitcoin Bears Boost Shorts, Will Bulls Liquidate Them And Reverse BTC Price?
Key takeaways: Over-leveraged Bitcoin short positions between $63,000 and $66,000 have created a potential $2.6 billion squeeze trap for bears. Negative perpetual funding rates indicate…
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Bitcoin maximalists say the brutal price crash is just a temporary liquidity crunch caused by the AI boom
Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance…
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Anthropic Is Helping the NSA Hack China. It Also Wants Everyone to Pause AI
In brief Anthropic has reportedly embedded roughly half a dozen engineers at the NSA to deploy its Mythos AI model for offensive cyber operations—potentially including…
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Zcash Crash Just Wiped Billions From the Privacy Coin’s Market Cap—Can ZEC Recover?
In brief The price of Zcash crashed more than 40% following the discovery of a vulnerability that could have led to counterfeit ZEC minting. Whether…
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Kraken Opens SpaceX IPO Access Through xStocks Platform
Crypto exchange Kraken is giving customers access to the upcoming SpaceX initial public offering through xStocks, a tokenized equities platform, highlighting the growing convergence between…
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Congress Gets 7 New Crypto Tax Bills: Here’s What’s In Them
In brief House Republicans unveiled seven crypto tax bills set to be discussed at a Tuesday Ways and Means Committee hearing. The proposals would exempt…
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Crypto Tax in Illinois FY2027 Budget is One Step Away from Becoming Law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday,…
