This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, July 4 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps), proudly participated as a WAGMI Sponsor at the Ethereum Community Conference (EthCC), held from June 30 to July 3 in […] Source CryptoX Portal
On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same. Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans voted against the controversial bill, which will significantly increase the US government’s borrowing ability. It has drawn significant criticism from Democrats and even from current and former Trump allies like Tesla CEO Elon Musk. Notably absent from the bill…
Solana declined 3.36% over the past 24 hours, retreating from $155.69 to $150.81, according to CoinDesk Research’s technical analysis model, amid broader market pressures, even as institutional developments in Asia signal growing momentum for the blockchain, One of Japan’s most digitally progressive banks has launched a new initiative that could expand real-world applications for Solana’s infrastructure. Minna Bank, a digital-native bank and a subsidiary of Fukuoka Financial Group, announced a new research collaboration with Fireblocks, Solana, and TIS to evaluate how stablecoins and Web3 wallets can reshape consumer finance in…
Internet Computer Protocol is trading at $4.8373, down 5.18% in the past 24 hours, while the broader crypto market as gauged by the CoinDesk 20 Index dropped only half as much. ICP faced renewed selling pressure as geopolitical risks and cybersecurity threats rattled digital asset markets. The decline comes amid troubling findings from cybersecurity firm Koi Security, which uncovered a network of malicious browser extensions targeting cryptocurrency users. The report identified more than 40 fake Firefox add-ons designed to mimic popular wallets like MetaMask and Coinbase. These extensions, some of…
In June, Riot Platforms mined 450 bitcoin, a 12% decrease from May’s 514 BTC, with daily production averaging 15 BTC compared to 16.6 BTC in May. Riot Achieves Higher Average BTC Price in June Bitcoin mining firm Riot Platforms produced 450 bitcoin ( BTC) in the past month, a 12% drop from the 514 BTC […] Source CryptoX Portal
DeFi Development Corp. surged another 17% on Thursday after announcing it had purchased $2.7 million in Solana as part of its ongoing treasury strategy. The stock price had already rallied the day before as the company released its business update for June, including plans to raise $112.5 million. DeFi Development Corp on Thursday said it bought 17,760 Solana (SOL) tokens worth $2.72 million at an average price of $153.10 per coin. After the acquisition, the company’s Solana stack stood at 640,585 SOL, worth approximately $98 million. The company said that…
New York Attorney General Letitia James is warning that dangerously flawed stablecoin bills could expose U.S. financial markets to chaos by lacking critical guardrails and enforcement. Weak Stablecoin Bills Risk Undermining US Financial Stability, James Warns New York Attorney General Letitia James has raised concerns that proposed federal legislation on stablecoins lacks the safeguards needed […] Source CryptoX Portal
A sweeping crypto tax overhaul promises to unlock everyday digital asset use by slashing compliance burdens, exempting small transactions, and aligning crypto with traditional finance rules. De Minimis Rule Aims to Eliminate Tax Headaches for Small Crypto Payments Tax policy momentum is building as lawmakers aim to dismantle outdated financial frameworks that hinder digital innovation […] Source CryptoX Portal
We’re living through a technological shift unlike any in history. As artificial intelligence and robotics rapidly evolve, they’re doing more than just changing how we work—they’re changing why we work. Over the next decade, if humanity can share automation tech evenly across society, we’re facing the real possibility that most people simply won’t need to work to survive. Some futurists, including myself, are calling this the Automated Abundance Economy. The basic idea is straightforward: once machines can do most jobs—like farming, construction, healthcare, education—the essentials of life can be produced…
Tokenization platform Ondo Finance and digital asset investment firm Pantera Capital have teamed up to invest $250 million in real-world asset (RWA) projects as the red-hot tokenization trend is accelerating. The initiative, named Ondo Catalyst, aims to invest in protocols and infrastructure projects that enhance the development of tokenized finance and on-chain capital markets, according to a Thursday blog post by Ondo. The initiative will do a mix of equity and token investments, a representative of Ondo told CoinDesk in a Telegram message. “The financial system is undergoing a fundamental…