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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A marketing firm co-founded by former White House crypto adviser Bo Hines received $3 million from a political action committee run by associates of stablecoin giant Tether — money that flowed from the same PAC now disclosing millions in donations from two major financial institutions. Familiar Faces Behind The Money The Fellowship PAC filed documents Wednesday with the US Federal Election Commission showing it received $10 million from Cantor Fitzgerald and $1 million from Anchor Labs, the parent company of crypto bank Anchorage Digital. Both contributions were…
Stark’s exit adds to Ethereum Foundation leadership changes, reflecting a transition as the network continues to mature. Leadership turnover is unfolding at the Ethereum Foundation as another senior figure prepares to exit. Josh Stark, a long-time member of the organization’s leadership team, has confirmed he will step down after five years. His departure follows a recent executive exit, suggesting a shift at the top. Josh Stark Leaves Ethereum Foundation After Five-Year Run A senior executive at the Ethereum Foundation, Josh Stark, announced on X that he will leave his role at the end of April. He noted the decision was…
You can buy a cup of coffee with bitcoin BTC$74,710.19 easily enough in the U.S. — and get a tax headache thrown in for free.The form-filling burden is enough to deter users from using the largest cryptocurrency to pay for real-world transactions, according to the Cato Institute, a libertarian think tank known for its support of free markets, limited government and individual liberty. Abolishing capital gains tax could change that, it said.”It’s never been easier to use Bitcoin as money,” Nicholas Anthony, a research fellow at the institute’s Center for Monetary and Financial Alternatives, wrote in a report. “Yet, at the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano (ADA)’s price appears to be regaining bullish momentum alongside other major cryptocurrency assets across the market, such as Bitcoin and Ethereum. This renewed upward performance of ADA is attributed to multiple factors, such as a broader market recovery and potentially the recent uptick in whale activity. ADA Faces Key Test After Accumulation Surge With the market environment slowly turning bullish once again, the price of Cardano is exhibiting upside action, approaching the $0.25 mark. Despite this upward move, the altcoin is now being faced by significant…
The online casino industry thought it had a firm grip on what scale looked like. Spartans.com just changed that definition entirely. A platform still operating in beta, not yet accessible to the general public worldwide, recorded $1,000,000,000 in total wagers within its first 60 days. Established platforms spent years working toward that same milestone. Spartans Casino reached it before most of the industry had even taken notice. Crypto markets are building their own quiet institutional momentum in parallel. Chainlink has upgraded its Data Streams infrastructure to deliver real-time U.S. stock prices directly into DeFi, while Avalanche has welcomed a brand…
Joe McCann, founder of crypto investment firm Asymmetric, is being probed by authorities in Tanzania, following the alleged death by suicide of his fiancée, U.S. influencer Ashly Robinson, during a trip to Zanzibar.Robinson, 31, a Miami-based lifestyle creator also known as Ashlee Jenae, was found unresponsive on April 9 in a private villa at luxury resort Zuri Zanzibar, where the couple had been celebrating her birthday and recent engagement. She was later pronounced dead at a hospital.According to an NBC News report, Zanzibar police investigating the death of Robinson confirmed she died by suicide following a “misunderstanding” between the couple.Police…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase’s Chief Policy Officer, Faryar Shirzad, said in a Thursday interview with FOX Business that meaningful progress is being made on the long-delayed CLARITY Act, the crypto market-structure bill that has been stuck in Congress for nearly five months. Potential Markup As Early As This Month During the interview, Shirzad described recent developments as encouraging. He said that over the past days, there has been “really great work taking place” and that Coinbase has been focused on the stablecoin rewards topic, which he described as critical for…
The online gambling industry is staring at a problem it cannot easily explain away. Spartans.com, a platform still running in beta and not yet open to players worldwide, has already become the 14th largest crypto casino on the planet. Every single platform ranked above it has operated for years without restrictions, built established player bases, and enjoyed unrestricted global access from day one. Spartans Casino reached that position on the back of 27,000 first-time deposits and $100+ million in total deposits, all before August 1st. Crypto markets are building their own momentum at the same time. The biggest XRP story…
Morgan Stanley’s (MS) spot bitcoin exchange-traded fund (ETF), trading under the ticker MSBT, has drawn more than $100 million in inflows within its first week on the market, signaling strong early demand for the bank’s latest push into digital assets.The fund, which began trading on April 8, tracks the CoinDesk Bitcoin Benchmark 4 PM New York Settlement Rate and charges a 0.14% expense ratio. That makes it the cheapest product in the category, giving it a pricing edge as competition among issuers intensifies.Still, cost is only part of the story. MSBT enters the market with a built-in distribution advantage through…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin miners will soon have an easier time on the network as on-chain data shows the mining Difficulty is headed for a 3% drop this Friday. Bitcoin Mining Difficulty To Go Down 2.9% In The Next Adjustment According to data from CoinWarz, the Bitcoin mining Difficulty is heading toward a jump in the next adjustment. The “Difficulty” here refers to a metric built into the BTC blockchain that controls how hard miners would find it to complete their task on the network. The Difficulty’s value automatically changes…