A crypto-backed political action committee has spent nearly $1 million in Michigan’s 13th Congressional District Democratic primary as the industry continues directing money toward candidates it views as supportive of digital asset policy. Summary Protect Progress spent nearly $1 million backing Thanedar while funding opposition advertising against Donavan McKinney. Thanedar backed major crypto bills, making…
Pump.fun has introduced BOOST mode, a new launch mechanism that automatically converts “dead liquidity” into token buybacks and burns, aiming to strengthen newly launched memecoins after they migrate from the platform’s bonding curve. The feature became the default launch mechanism for all eligible new tokens on July 21 and is designed to improve capital efficiency…
China is considering tighter controls on AI models, training data, and chip designs, potentially limiting how Chinese technology reaches global users. The post China Considers Export Controls on AI Models, Training Data and Chip Technology appeared first on TechRepublic. Source link
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. SwiftPay, the enterprise payments arm of Bangko Sentral ng Pilipinas (BSP)-regulated Swift Technology Ventures Inc., has launched SwiftGuard, a real-time fraud-detection and decisioning layer aimed at helping local banks and BSP-supervised financial institutions (BSFIs) comply…
The case centers on equal treatment, with challengers claiming blockchain users should not face different tax rules than traditional finance. The Digital Chamber has filed a lawsuit to block Illinois’ upcoming crypto tax. The industry advocacy group argues that the tax unlawfully targets blockchain transactions for discriminatory reasons. Illinois Faces Legal Challenge Over Crypto…
Telegram is preparing what could become the largest cryptocurrency onboarding initiative ever attempted. Founder and CEO Pavel Durov has announced plans to integrate a native non-custodial crypto wallet directly into every version of Telegram, giving the messaging platform’s more than one billion monthly active users access to instant, zero-fee cryptocurrency transfers. The announcement, made on…
Salad is usually synonymous with healthy eating. Except now, as the US grapples with an expanding outbreak of cyclosporiasis that’s sickened more than 7,100 people in Michigan alone, likely caused by iceberg lettuce supplied by Taylor Farms. In fact, leafy greens are frequently implicated in instances of foodborne illness. There was a 2022 multistate E….
Key Takeaways CNBC and Statista included Ripple among the world’s top fintech companies for 2026. Digital asset businesses accounted for 40 of the 500 companies selected. XRP is gaining additional institutional channels through regulated payments, European market access, and investment products. Blockchain Moves Beyond the Crypto Hype Digital assets are moving from speculative markets into…
The UK Treasury has set Q1 2027 for its first tokenized sovereign bond transaction, but the project has remained dependent on finding a workable method to settle its cash leg on-chain. Summary The UK plans to issue its first tokenized sovereign bond by Q1 2027. Missing on-chain cash infrastructure remains the main barrier to institutional…
On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 billion in gross profit, nearly 58% margins, and $2.2 billion in net earnings for the quarter — its results fell well short…
