Crypto News
Ethereum Foundation Launches ‘Trillion Dollar Security Initiative’ to Fortify Network
The Ethereum Foundation has launched a three-phase initiative to strengthen network security and support broader onchain adoption.Source link
Tax on Unrealized Crypto Gains Could Trigger Forced Sell-offs, Senators Warn Treasury
Senators push Treasury to shield U.S. crypto firms from devastating tax on unrealized gains, warning of risk to digital asset leadership. Treasury Pressured to Act Fast as Unrealized Crypto Gains Face Tax Storm U.S. Senator Cynthia Lummis (R-WY) and Senator Bernie Moreno (R-OH) are calling on the U.S. Department of the Treasury to act swiftlySource link
Ripple Highlights RLUSD’s Role in Tokenizing Real-World Assets
Ripple’s USD-backed stablecoin RLUSD is exploding across finance, powering everything from institutional collateral and DeFi trades to tokenized assets and global peer payments—all on the XRP Ledger. Ripple Spotlights RLUSD’s Expanding Real-World Use Cases Across Finance Ripple provided an in-depth look on May 13 at the growing number of real-world use cases for stablecoins, withSource link
OCC Declares US Banking System ‘Well Positioned’ to Embrace Crypto
The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks, Calling System ‘Well Positioned’ The Office of the Comptroller of the Currency (OCC), the federal agency that supervises national banks and federal savingsSource link
What’s Up Grok? AI Under Fire for Injecting ‘White Genocide’ Claims Into Unrelated Replies
Elon Musk’s AI chatbot Grok is inserting off-topic “white genocide” claims into user queries, sparking backlash among users.Source link