The latest PARITY Act draft gives stablecoins a $200 de minimis exemption while leaving Bitcoin out entirely. It confirms TFTC reporting that Coinbase lobbied for exactly this outcome.
The Bitcoin Policy Institute meets on Capitol Hill today with Coinbase, River, and Block to push for a de minimis tax exemption that would let Americans spend bitcoin without triggering a taxable event.
TeamPCP compromised Trivy, used it to backdoor LiteLLM, and harvested credentials from tens of thousands of environments. Plus: oil drops 6% on Iran peace plan, Philippines declares energy emergency, and Walmart rolls out real-time pricing.
Jensen Huang says engineers not spending $250K on AI tools are falling behind. Meanwhile, AI is eroding the moats of software companies that $13 trillion in private credit underwrote. Apollo and Ares are gating redemptions. The dominoes are falling.
Apollo and Ares gate private credit fund redemptions as $10B+ in withdrawal requests hit the industry. The contagion path from private credit to bank balance sheets is now visible.
Iran's parliament speaker just declared US Treasury bond holders legitimate military targets. Meanwhile, global bond yields are ripping to multi-month highs and the 'risk-free' rate is looking less risk-free by the day.
VanEck's latest ChainCheck report reveals the options market is the most hedged since June 2021. On-chain data shows capitulation. The last time fear peaked like this, Bitcoin rallied from $30K to $69K.
Square just auto-enabled Lightning for 4 million merchants. Tether funded Ark Labs. Lightning hit $1.17B monthly volume. A 4nm mining chip taped out. The Fed held rates on $39T in debt. The builders aren't waiting.
The Strait of Hormuz has been closed for 19 days, fracturing oil into a two-tier market. Dubai crude hit $152 while WTI sits at $94. An Indian tanker paid in yuan for safe passage. The petrodollar is cracking in real time.
Square auto-enables bitcoin payments for millions of sellers March 30. CFTC protects self-custodial wallets. Oklo gets dual nuclear approvals. El Salvador becomes the Dubai of the Western Hemisphere. The SAVE Act advances in the Senate.
Medi-Cal spending doubled to $222 billion. Nick Shirley went door to door in LA and San Diego visiting facilities billing millions. Most were empty. Plus: yields climbing, private credit imploding, and El Salvador positioning as the new Dubai.
AI deepfakes have made it impossible to prove anything is real. Meanwhile, a $96 3D-printed missile system proves the cost of power is collapsing to zero. The age of the sovereign individual is here.
Fourteen banks published 1,598 reports this week. Treasuries sold off during a war. Dubai RE cratered 32%. Bitcoin broke $73K. The safe haven playbook is broken.
Coinbase is quietly lobbying Congress to limit the de minimis tax exemption to stablecoins only, cutting bitcoin out of the picture. Three independent sources on Capitol Hill confirmed it. Here's why they're doing it and why it matters.
By Marty Bent
Austin, TX
Read more
By Marty Bent
Austin, TX
Read more
