Polymarket’s $50M Zelenskyy suit bet nears resolution
Polymarket, the crypto-based prediction market platform, is under fire over a high-stakes bet on whether Ukrainian President Volodymyr Zelenskyy wore a suit before July. As the $58 million market nears final resolution, allegations of manipulation have shaken user confidence and…
Debt Bomb Passes: Trump’s ‘Beautiful Bill’ Edges House Despite GOP Rebels
On July 3, the U.S. House of Representatives narrowly passed President Donald Trump’s “Big Beautiful Bill” with a 218–214 vote, clearing the way for a July 4 signing. Republican Opposition Fizzles Out The U.S. House of Representatives narrowly passed President…
IMF denies Pakistan’s proposal to offer cheap power to Bitcoin, crypto miners
Key Takeaways The IMF rejected Pakistan’s proposal to offer subsidized electricity rates for crypto mining and energy-intensive industries. Despite electricity surpluses, the IMF is concerned about market distortions and has only approved limited relief plans for the power sector. Share…
Trump Family Linked to Over $620 Million in Crypto, Memecoins, and Bitcoin Holdings
The Trump family appears to have a much bigger stake in the crypto world than most people realized. New data from Arkham Intelligence shows that wallets linked to Donald Trump, his son Barron, and several associated tokens hold more than…
Ripple USD Finds First Banking Partner as Swiss Bank Amina Offers RLUSD Access
Ripple USD gains major momentum as Amina Bank becomes the first global bank to support RLUSD, signaling a breakthrough moment for regulated digital asset adoption worldwide. Amina Debuts First Bank Support for Ripple’s RLUSD A regulated gateway to stablecoin exposure…
Beware! North Korean Hackers Target Mac Users in a Very Creative Way
SentinelLabs, the research and threat intelligence arm of cybersecurity firm SentinelOne, has delved into a new and sophisticated attack campaign called NimDoor, targeting macOS devices from DPRK bad actors. The elaborate scheme involves using the programming language Nim to inject…
Rising Cardano price has formed a risky pattern
Cardano price rose for the second consecutive day on Thursday, July 3, as most cryptocurrencies rebounded. Cardano (ADA) jumped to a high of $0.60, gaining over 17% from its June lows and reaching its highest level since June 18. The…
SEC Issues Guidance on Crypto ETP Compliance Obligations Under Federal Law
The SEC delivered sweeping guidance for crypto ETP issuers, outlining strict disclosure standards that could fast-track compliant offerings and expand institutional access to digital assets. SEC Clarifies Rules for Crypto ETPs Under Securities Acts The U.S. Securities and Exchange Commission…
Senator Lummis proposes to exempt small crypto transactions from taxes, ending double taxation for miners and stakers
Key Takeaways Senator Lummis introduced legislation to modernize crypto tax rules and encourage innovation. The proposal includes a $300 de minimis exemption and updated rules for miners, stakers, and lending. Share this article Senator Cynthia Lummis is pushing for digital…
Plume Crypto Surges After Trump’s USD1 Integration: Will the Rally Last?
Plume crypto is up 22% in the past 24 hours following the integration of USD1. The stablecoin by World Liberty Financial, a DeFi platform linked to the Trump family, now has a market cap of over $2.2 billion. The past…