Critics say the measure effectively singles out digital assets for taxation based on technology rather than activity. Andreessen Horowitz crypto executive Miles Jennings criticized Illinois’ newly enacted Digital Asset Privilege Tax Act on June 17, calling it “one of the most anti-crypto laws in the US.” The law imposes a 0.2% tax on the
SpaceX filed a Form 8-K with the US Securities and Exchange Commission (SEC) on June 15, 2026, days after closing one of the largest US IPOs in recent memory, and the document confirms what the earlier S-1 registration statement had already flagged: 18,712 BTC remains parked on the company’s balance sheet, untouched through multiple market
At IO-AI Tech, a startup about 45 minutes north of downtown Shenzhen, China, I glimpsed a wacky new frontier of blue-collar work. Workers wearing the company’s VR headsets, handheld controllers, and motion-tracking gear remotely control humanoid robots for workplaces like factory floors and convenience stores. The company wants the robots to do useful work, like
Key Takeaways Kevin Warsh’s Fed held rates at 3.5%-3.75% in a unanimous 12-0 vote. CPI hit 4.2% in May as energy prices lifted pressure on U.S. households. The New York Fed kept $160B RRP limits as markets await July CPI data. Fed Holds Rates as CPI Reheats The Federal Open Market Committee (FOMC) voted 12-0
Pudgy Penguins claimed that X’s crackdown on reply spam and “AI slop” might “have a significant effect on India’s economy.” Source link
The decision was highly anticipated but there are still some fears about potential hikes by the end of the year. The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank didn’t provide any surprises, as the entity expectedly left the interest rates unchanged. With the
Bernstein has reaffirmed its buy rating on Coinbase and maintained a $330 price target after the company unveiled a series of new products designed to extend its business beyond crypto trading. Summary Bernstein maintained a buy rating on Coinbase and kept its $330 price target after the System Update event. Coinbase unveiled AI-powered trading tools,
Key Takeaways SpaceX could join major indexes within weeks of its Nasdaq debut. Only about 8% of SpaceX shares are currently tradeable, limiting initial index weightings. Broader index exposure could build well before SpaceX becomes eligible for the S&P 500. Fast-Entry Rules Could Put SpaceX Into Millions of Investor Portfolios Millions of investors may soon
After years of incremental updates, Google is betting that its Gemini AI can reinvent its smart speaker. On Wednesday, the company introduced its first audio device built specifically for Gemini with the $99.99 Google Home Speaker. The new Google Home device is the first standalone smart speaker from the tech giant since the Nest Audio
A flash loan attack allowed a hacker to manipulate the DUSD pool on Curve Finance. Another, smaller hack hit SynapLogic four hours earlier. Source link