Illinois has approved a new 0.2% tax on cryptocurrency transactions that state officials estimate could generate up to $60 million annually, drawing public criticism from Strategy co-founder Michael Saylor and several industry groups. summary Michael Saylor called Illinois’ new 0.2%…
Strategy Corporation (NASDAQ: STRC) in the stock’s twice-monthly dividend payment in July, and a 100-share position would earn $96 across the two payments, according to a June 17 FinBold analysis. The shift marks the company’s first change in STRC’s earnings…
Coinbase is preparing to delve deeper into real-world tokenized assets, with Brian Armstrong signaling an offshore offering of 1:1-backed tokenized shares and equity-linked products for non-US markets. TL;DR Coinbase targets non-US markets with token shares. The aforementioned model is based…
short Allbirds, a footwear company, has sold its footwear business and rebranded as Smartbird, an AI infrastructure provider. Nadia Carlsten, a veteran expert in AI computing infrastructure, has been named president and CEO. The company enhanced its convertible financing facility…
A Mexican couple admitted to fraudulently selling homes they did not own in Southern California, laundering nearly $1 million of the proceeds. According to the U.S. Attorney’s Office for the Southern District of California, Victor Hugo Villalobos Almazán and his…
Sam Bankman-Fried (SBF), the disgraced founder of FTX, is rolling out plans to launch a new cryptocurrency token following his release from prison. The former cryptocurrency mogul is currently serving a 25-year prison sentence following the disastrous collapse of his…
Round 10 of grunt ($GRUNTLE) The pre-sale reached 85% of its target of $125,216 with $106,517 raised at $0.000635 per token, while Solana (SOL) settled at $73.24 after a daily decline of 1.05%. The pre-sale milestone falls as traders evaluate…
Oman has taken one of the most direct steps taken by any government to bring Bitcoin mining under formal state oversight, launching a mandatory national mining pool that licensed operators across the sultanate are required to join. The park, omanhash.com,…
This revelation sparked widespread frustration in the community, with many calling on the team to take a completely different course of action. In addition to frequent protocol upgrades and other initiatives aimed at developing the Pi Network ecosystem, the core…
Markets enter the Fed’s decision with very little uncertainty about what policymakers might do, but a great deal of uncertainty about what they will signal next. The first meeting of the Federal Open Market Committee chaired by Kevin Warsh is…
