Crypto advocates join in suing Illinois over digital asset tax
The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.…
Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the…
Onchain, in court: What happened in crypto legal news this week
The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the…
Former JPMorgan exec takes on Social Security advisory role
Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports. Source:MarketWatch
Pass the Clarity Act
Reopening a settled provision four weeks before a vote would sink the bill, argues Summer Mersinger, CEO of the Blockchain Association. Source:CoinDesk
The U.S. and Canada are scrambling to avoid new tariffs and seal a trade deal. Here’s what could be in it.
U.S. and Canadian officials were engaged in additional talks on Friday. Details about what’s in their new trade deal have trickled out. Source:MarketWatch
6 AI hardware stocks to own for the remainder of the year, according to an analyst
An Evercore ISI analyst sees strong growth ahead for storage makers, networking providers and Apple. Source:MarketWatch
Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot
The RISE program would use the Canton Network to combine and distribute stateadministered benefits across three US states beginning in 2027.…
Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting doubledigit gains as crypto stocks surged.…
Solana cuts blockchain slot time to 350 milliseconds
Solana reduced its slot time for the first time since genesis as it works toward a 200millisecond target aimed at reducing network latency. Source:Cointelegraph
Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs
Three weeks of review turned up problems unrelated to the flaw that cost users $114 million, but updating still does not make a compromised wallet safe.…
American consumers are delivering a retail reality check as they laser in on bargains
Recent earnings results suggest that the typical shopper is ‘employed, still spending, and increasingly disciplined about it.’ Source:MarketWatch