The EU is weighing a 1% online gambling tax, the S&D group says could raise $2.3-4.6 billion a year. MEP Victor Negrescu proposed the levy in February; the Commission is now preparing a formal assessment. Malta, where gambling is roughly 10% of GDP, opposes the tax on fiscal-sovereignty grounds. From national crackdowns to a Brussels…
Key Takeaways Gomining mined the first live Bitcoin block via DMND pool, letting miners pick transactions. Gomining bypassed centralized pool operators for over a decade of tradition by constructing its own template. Advocates expect this production milestone to drive global adoption of Stratum V2 across mining networks. A Milestone for Miner Autonomy Digital mining firm…
Web3 education platform Rise In and Stellar Philippines hosted the “Build on Stellar” initiative at the Philippine Blockchain Week 2026 from June 20 to 21 at the SMX Convention Center, drawing 127 registered participants. The two-day event focused on transitioning local developers from theoretical blockchain concepts to product development on the Stellar network and Soroban…
Key Takeaways Oobit integrated Pix on Tuesday, next opening crypto payment markets to 170M Brazilian users. Tether led a $25M round for Oobit, next pushing USDT to capture 93% of Brazil’s payment market. Oobit usage grew 200% as users spend $400 monthly, expanding USDT adoption across Latam. Oobit Expands USDT Rails to Brazil’s Pix Network,…
Key Takeaways IBM’s nanostack chip at the 0.7 nm node packs nearly 100 billion transistors, nearly 2x the density of IBM’s 2021 chip. The 3D architecture delivers up to 70% greater energy efficiency, targeting artificial intelligence (AI) accelerator workloads with improved SRAM scaling of 40%. IBM Research sees a path to production in five years…
Key Takeaways Grayscale said many revenue-producing crypto protocols are trading at low multiples relative to their trailing revenue. Financial applications dominate the highest-revenue protocols. The crypto asset manager said the CLARITY Act could support tokenized assets and on-chain finance. Revenue Rankings Highlight Low Valuation Multiples Ahead of CLARITY Act Grayscale Investments said many revenue-generating crypto…
Key Takeaways The MPF reaffirmed a crypto donation ban on Monday, shielding Brazil’s election market from fraud. Under a Dec 17, 2019, court ruling, candidates must use Pix or traditional banking to verify 100% of funds. Brazil allows digital crowdfunding from May 15th, but forces political campaigns to log all donor IDs. Brazil’s Prosecutor’s Office…
Key Takeaways Jeremy Grantham, who manages $85 billion at GMO, calls AI the biggest U.S. investment bubble in history and warns of a potential 70% stock decline. Grantham recommends putting 60% of savings into non-U.S. equity indices, citing emerging markets’ 65% gain over the prior 12 months vs. 25% for the S&P 500. Grantham says…
Key Takeaways Bitcoin erased its plunge to a 2026 low of $58,035 on Thursday morning, staging a rapid relief rally. Forced liquidations across the crypto market topped $1 billion, wiping out $484 million in bitcoin bets. Boris Alergant of Babylon Labs warns that AI competition may pressure bitcoin prices through the summer. Volatility Grips Bitcoin…
Key Takeaways Kospi’s 8% drop and BTC’s fall to $59,018 show global tech contagion, per Mike McCluskey. Nvidia and Micron pullbacks drove $700M liquidations as ETF outflows eased mid‑week. Strive’s BTC buys and the 200‑week MA signal support ahead of Friday’s $60K expiry test. The Seoul-to-Nasdaq Contagion On Tuesday, June 23, the South Korean index,…
