Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the
Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy
Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery. Excited to announce that I’ve joined the team at RE Cost Seg as CEO! RE Cost
President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal
U.S. President Joe Biden released his 2025 budget proposal on Monday featuring a number of provisions aimed at altering the cryptocurrency industry, including a wash sale rule for digital assets and an excise tax for crypto mining operations. Biden’s Crypto Mining
South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto
A South Korean law firm operator was jailed in Busan on March 11 after being found guilty of stealing clients’ money to spend on crypto investments. The media outlet Newsis reported that the case was heard at the Criminal Division of
Michael Saylor Says Bitcoin Is Not Currency – But Still Plans To HODL For 100 Years
MicroStrategy CEO Michael Saylor – whose company now owns 205,000 Bitcoin (BTC) – says people should buy and HODL their coins 100 years. “I would encourage people to think of it as digital property – a billion-dollar building in cyberspace,” Michael
Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16
Arbitrum, a Layer-2 blockchain network, is gearing up to release $2.32 billion worth of vested Arbitrum (ARB) tokens on March 16, marking a major milestone for the platform. Token Unlocks highlighted that Arbitrum will do a “Cliff Unlock,” where tokens are
House GOP report details testimony that contradicted key Jan. 6 witness
House Republicans’ review of the House Jan. 6 committee’s work found inconsistencies between the never-released testimony of a Secret Service agent and key portions of testimony from Cassidy Hutchinson, a former aide to White House chief of staff Mark Meadows
RNC fires dozens of employees after Trump-backed leadership takes over
The new leadership team at the Republican National Committee — handpicked by former president Donald Trump — started firing dozens of employees days after taking over, according to three people familiar with the firings who spoke on the condition of
Donald Trump stumbles onto the third rail: Social Security reform
Donald Trump called into a CNBC show on Monday morning, allowing host Joe Kernen to ask a question about government spending and, specifically, the large chunk of spending that is committed to social programs. “Have you changed your outlook on how
Did Trump just defame E. Jean Carroll again?
When a jury last year found Donald Trump liable for sexually abusing and defaming E. Jean Carroll, Trump responded at a CNN town hall by going right on attacking Carroll — in much the same terms. So when it came time