US Senator Cynthia Lummis Drafts Standalone Crypto Tax Bill
U.S. Senator Cynthia Lummis, a long-time advocate for digital assets, is taking a bold step forward in the crypto regulation space by drafting a new standalone bill aimed specifically at addressing crypto-related taxation. The legislative effort marks a shift from previous attempts to include crypto tax provisions in larger, more complex financial packages, offering instead […]
DOJ Recovers $40K in Crypto from Trump-Vance Inaugural Scam, Credits Tether
In a significant development in the ongoing fight against cryptocurrency-related fraud, the U.S. Department of Justice (DOJ) has successfully recovered over $40,000 in crypto assets linked to a scam that impersonated the Trump-Vance inaugural committee. The recovery comes after a phishing scheme tricked a donor into sending funds to fraudsters posing as representatives of the […]
First U.S. Staking ETF Launches Wednesday, Offering Investors Direct Exposure to Solana
In a major development for both the cryptocurrency and traditional financial sectors, the first-ever U.S.-listed staking ETF is set to debut this Wednesday, giving investors regulated access to Solana (SOL) alongside staking rewards. The fund, structured by REX Shares in collaboration with Osprey Funds, introduces a groundbreaking product that merges spot crypto exposure with the […]
SRM Entertainment Stakes 365 Million TRX Amid $100 Million Tron Treasury Strategy
SRM Entertainment has made a bold move into blockchain finance by staking 365 million TRON (TRX) tokens, marking a significant step in its broader $100 million Tron-based treasury strategy. This development not only signals a strategic shift for the company but also positions it as the largest publicly traded holder of TRX globally. The staking […]
Ethereum Faces 25% Price Drop Risk After $237 Million Whale Transfer
Ethereum is facing a potential 25% price drop after a massive whale transferred approximately $237 million worth of ETH to centralized exchanges. This large-scale movement of funds has triggered renewed market concerns, as traders brace for potential sell-offs and weakening price support levels. The activity began when nearly 96,000 ETH, previously staked, were withdrawn and […]