Author: James Wilson

Germany has prepared a 25% flat tax on cryptocurrency gains from 2028, potentially ending the country’s long-standing exemption for Bitcoin and other digital assets held for more than one year. Summary Germany plans to tax crypto gains at a flat 25% rate from 2028, replacing the current system that exempts assets held for more than one year. The proposed rules would cover crypto assets bought after Jan. 1, 2027, while the treatment of previously purchased holdings has yet to be decided. The Finance Ministry expects the measure to generate roughly €350 million in additional tax revenue. Crypto gains could be…

Cardano founder Charles Hoskinson said on Sept. 9 that artificial intelligence had advanced further in formal mathematics than he expected. Summary Cardano founder Charles Hoskinson said artificial intelligence’s mathematical progress considerably exceeded his earlier expectations publicly. OpenAI says roughly 10,000 agents produced a Navier–Stokes solution within 88 hours of work total. Clay still classifies Navier–Stokes as unsolved pending publication, review and broad mathematical acceptance worldwide today. Hoskinson raised confidentiality concerns for researchers entering unpublished work into centralized cloud AI systems online. OpenAI denied accessing private work but could not exclude de-identified usage data influencing model improvements. His comments followed OpenAI’s…

CleanSpark produced 593 Bitcoin in August 2026 as rising Bitcoin prices improved mining revenue during the second half of the month. Summary CleanSpark mined 593 bitcoin in August as average operating hashrate reached 38.3 exahashes per second. CleanSpark sold 821 bitcoin and ended August holding 13,703 coins, including 3,951 tied to derivatives. August hashprice averaged $34.63 per petahash daily, its highest monthly level since May 2026 data. CleanSpark’s peak efficiency implied electricity-only breakeven near nine cents per kilowatt-hour before other operating costs. Efficient fleets earned about $87 per megawatt-hour during August, before non-energy mining expenses were deducted. The Nasdaq-listed company…

Bybit launched three FX perpetual contracts on Sept. 8, expanding its derivatives business into major global currency markets. The exchange introduced USDT-settled contracts tracking EUR/USD, GBP/USD and USD/JPY. Summary Bybit launched USDT-settled perpetual contracts tracking EUR/USD, GBP/USD and USD/JPY with continuous trading and leverage. All three contracts offer maximum leverage of 100x and remain tradable around the clock daily. Traders receive price exposure without owning euros, pounds, dollars, yen, or underlying currency deposits directly. The products use USDT collateral, indefinite maturities, funding rates, and Bybit’s Unified Trading Account system. Global over-the-counter foreign exchange turnover averaged $9.6 trillion daily during April…

Kalshi has lost an emergency injunction request at the 10th Circuit, leaving Utah free to enforce its gambling laws while the prediction market operator pursues its appeal. Summary The 10th Circuit denied Kalshi’s request for an injunction pending appeal. Utah may now bring civil or criminal enforcement action against the prediction market operator. States have won 12 consecutive federal rulings since an earlier Minnesota decision favored prediction markets. New Jersey has asked the Supreme Court to settle the federal-versus-state jurisdiction dispute. Utah can enforce its gambling laws against Kalshi Legal analyst Daniel Wallach said in an X post that the…

Traditional digital asset returns often rely on price increases. Whether it’s XRP, BTC, or other crypto assets, prices are influenced by various factors such as market sentiment, liquidity, and policy environment. Therefore, solely relying on price increases for returns carries significant market volatility risk. Summary XRPPower offers short and long term digital asset service plans for XRP, BTC, ETH and USDT holders. Some plans advertise potential earnings of up to $50,000, with returns dependent on the selected plan and participation conditions rather than being guaranteed. New users receive a $21 registration bonus that can be used for daily contracts, while…

BitMine Immersion Technologies has purchased 28,086 ETH worth about $70.1 million, raising its Ethereum treasury to 5.93 million tokens as Chairman Tom Lee predicts further gains for the asset. Summary BitMine acquired 28,086 ETH last week, lifting its holdings to 5,929,198 tokens. The company now owns 4.9% of Ethereum’s estimated 122 million-token supply. More than 5.06 million ETH is staked, with projected annual revenue of $330 million. Tom Lee cited U.S. crypto legislation, tokenization, and blockchain-based AI as possible market catalysts. BitMine’s Ethereum treasury has reached 5.93 million ETH BitMine said in a Sep. 8 treasury update that it held…

Circle has added upfront fee payments to CCTP Fast Transfer, allowing developers to quote and collect cross-chain USDC fees on the source network while preserving the amount delivered to recipients. Summary CCTP developers can collect Fast Transfer and Forwarding Service fees before a USDC transfer. Fees can be paid in USDC or the source blockchain’s native gas token. Circle’s Quote API combines supported protocol fees into one signed, time-limited quote. Upfront fees require an EVM source chain, although transfers can still end on supported non-EVM networks. CCTP collects transfer fees before burning USDC Circle’s official developer documentation says the process…

The Clarity Act has faced a new threat ahead of its Sept. 15 procedural vote, with Republican senators warning that the measure may lack the 60 votes needed to advance. Summary The Senate has scheduled a procedural vote on the Clarity Act for Sept. 15. Republicans need at least seven Democratic or independent votes if all 53 support it. Cynthia Lummis blamed Democratic demands for putting the market structure bill at risk. Ethics rules, stablecoin rewards and DeFi protections remain disputed before the vote. Clarity Act faces a difficult Senate vote Semafor reported on Tuesday that Republican senators expect the…

Castle has opened its automated financial platform to individual users, allowing customers to convert any portion of the 12% annual dividend paid by Strategy’s STRC preferred stock into Bitcoin. Summary Castle users can receive STRC dividends in cash, Bitcoin, or a combination of both. STRC carries a 12% variable annual dividend rate for September record dates. Strategy pays the dividend in cash before Castle converts the selected portion into Bitcoin. Castle previously limited its automated Bitcoin financial services to businesses and nonprofit organizations. Castle said in a Tuesday statement that personal account holders can choose how much of each STRC…