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New York Proposes Electricity Tax on Crypto Mining Starting 2027

New York State has introduced a bill to tax proof-of-work crypto miners based on electricity usage.The tax rate ranges from 2 to 5 cents...

Deflation Expected to Drive Prices Up Soon

XRP cannot be mined; its supply is fixed at 100 billion tokens and decreases over time.Each XRP transaction burns 0.00001 XRP, permanently removing tokens...

Bitcoin Surges Above $111K, Ethereum and XRP Rally as Crypto Gains

Major cryptocurrencies saw gains, with Bitcoin rising over 4% and Ethereum up 4.5% on Monday. Cryptocurrency prices moved higher in line with Asian stock advances...

88% of Airdropped Crypto Tokens Lose Value Within 3 Months

About 88% of crypto tokens distributed by airdrops lose value within three months.Since 2017, over $20 billion in tokens have been given away through...

Trump Maintains ‘Massive’ Tariffs Until India, a BRICS Member, Stops Buying Russian Oil

Donald Trump imposed 50% tariffs on Indian goods, escalating trade tensions in 2025.India denies commitments to stop buying Russian oil despite Trump's claims.Indian exports...

Crypto Rally Strengthens as Bitcoin Tops $111K Amid Global Gains

Major cryptocurrencies rose sharply, led by Bitcoin surpassing $111,000.Bitcoin's RVT ratio decline signals increased use and accumulation on the network.Japanese stocks reached record highs...

BNY CEO Highlights Blockchain as Growth and Efficiency Tool

BNY Mellon sees blockchain as an operational and revenue opportunity, not a threat.The bank supports stablecoin issuers by providing services rather than issuing stablecoins...

Andrew Cuomo Aims to Make NYC a Crypto and AI Hub

Former New York governor Andrew Cuomo is focusing on crypto, AI, and biotech in his campaign for New York City mayor.Plans include creating a...

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Cambridge: Ethereum Energy Intensity Low, Overall Use High

Ethereum consumes roughly 7.87 GWh annually, the second-lowest energy intensity per market value among major proof-of-stake blockchains.Solana leads PoS...

Saylor and Back oppose BIP-110 fork over Bitcoin security fears

Michael Saylor and Adam Back have publicly opposed BIP-110, a temporary Bitcoin fork proposal aimed at limiting non-monetary transactions.BIP-110,...

China, India groups target Pakistani police in cyber espionage

Suspected China- and India-aligned threat actors targeted Pakistani law enforcement in a sustained cyber espionage campaign between February 2024...

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