Crypto Tax Bill Clears House Committee After Clarity Act Setback
The bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on tokens sold and quickly repurchased.
Meta May Have Found a Fix for Its ‘Pervert Glasses’
Meta is reportedly developing a version of its smart glasses without a camera, potentially addressing one of the biggest privacy objections to AI wearables.
OpenAI’s Rogue AI Agents Were Probing Hugging Face Two Months Before Hack
An independent researcher found the agents hijacked Hugging Face accounts and mapped the platform’s defenses as early as May 13—activity OpenAI’s own incident report never fully described.
XRP falls hard after CLARITY vote as Ripple’s regulatory advantage faces a new test
XRP fell more than 8% after the Senate blocked a key crypto bill, even as the token’s existing US regulatory treatment remained intact. CryptoSlate data showed XRP falling as low as $1.27 before recovering to about $1.29 as of press time, extending a…
Fed Chair Implies Trump Is Only Half Right on the Economy Following Rate Hike
Chair Kevin Warsh credited Trump’s economy, then ignored his rate-cut wishes entirely.
Solana triples transaction size as major upgrades meet record network activity
Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between…
Bitcoin Core Software Update Aims for Speed and Security Patches
Bitcoin Core 32.0 has entered final testing, bringing faster block checks and changes to how wallets prepare payments.
Ripple’s university strategy is evolving from blockchain labs to XRP logos in packed stadiums
Ripple is extending XRP’s push into US college sports, adding Louisville to a campaign that has rapidly expanded since July. The crypto company said Monday it struck a partnership with Louisville Athletics that will give XRP prominent exposure around the…
Congress wants to make crypto easier to use and still collect $500 million more in taxes
A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees. The House Ways and Means Committee is scheduled to consider H.R. 10357, the Digital Asset Tax Certainty Act, on Sept. 16, putting…
Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case
US prosecutors are seeking to seize $61 million in Tether’s USDT tied to alleged black-market Iranian oil sales. On Sept. 14, the US Attorney’s Office for the Southern District of New York filed a civil forfeiture complaint targeting approximately 61.2…