Brad Sherman slams stablecoin tax refunds as tax evasion tool
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals. According to remarks delivered during a House…...
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SK Hynix receives strong backing from investors for US listing plan
SK Hynix’s US listing could reshape AI chip supply dynamics, offering investors direct access to a key memory supplier amid rising demand. The post SK Hynix receives strong backing from investors for US listing plan appeared first on Crypto Briefing....
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Helium CEO Amir Haleem steps down as HNT token extends 96% crash
Helium founder Amir Haleem has stepped down as chief executive of Nova Labs after HNT’s price suffered a steep multi-year decline and the company sold its consumer mobile business. According to Haleem’s announcement on X, Mario Di Dio has taken…...
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Modern Treasury adds USDC on Base to bridge stablecoin payments with traditional banking rails
The integration of USDC on Base by Modern Treasury could accelerate stablecoin adoption in enterprise payments, bridging crypto and traditional finance. The post Modern Treasury adds USDC on Base to bridge stablecoin payments with traditional banking rails appeared first on Crypto Briefing....
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XRP Holders Won’t Like What ChatGPT’s New Version Predicts Next
It was difficult to imagine in mid-May how much the cryptocurrency landscape could change for the worse in such a painful manner in the following three weeks. Aside from BTC, which dumped beneath $60,000 for the first time since November 2024, and ETH plummeting to a 14-month low, XRP...
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S&P 500 delays fast tracking SpaceX inclusion by at least a year
SpaceX’s delayed S&P 500 inclusion highlights the tension between traditional index criteria and the evolving landscape of megacap IPOs. The post S&P 500 delays fast tracking SpaceX inclusion by at least a year appeared first on Crypto Briefing....
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Cardano Just Took Another Major Hit Amid Zombie Chain Allegations
Cardano analytics platform TapTools has announced that it is shutting down, providing a major blow to the ADA ecosystem. This comes amid allegations that the network is a ‘Zombie Chain’ with low user activity. Cardano’s TapTools Announces It Is Winding Down In an X post, TapTools announced that they...
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Bitcoin price falls below $60K as hot U.S. jobs report crushes rate cut hopes
Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price in a higher probability of policy tightening later this year. According to data from crypto.news,…...
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Bitcoin On Track For Worst Week Since FTX Collapse, ETH, XRP Lose Up To 23% In 7-Day Crypto Rout
Bitcoin plunged below $60,000 for the first time since October 2024, extending losses in what has become its worst week since November 2022. Sentiment deteriorated further into extreme fear, signaling rising market anxiety heading into the weekend. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $59,668 Ethereum (CRYPTO: ETH) $1,551 Solana...
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Anthropic embeds engineers at NSA to deploy Mythos AI for cyber operations
The deployment of Mythos AI in cyber operations highlights the growing need for advanced defensive measures and reevaluation of security protocols. The post Anthropic embeds engineers at NSA to deploy Mythos AI for cyber operations appeared first on Crypto Briefing....
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