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.
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.