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Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

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According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.

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Coin Market

Kelp restaking platform exploited, $293M drained in attack

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The attack caused a “cross-protocol contagion” that has impacted at least nine crypto protocols, blockchain security firm Cyvers said.

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Coin Market

Solana futures open interest rose by 20% this week: Is $100 SOL next?

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SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.

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Coin Market

Bitcoin mining difficulty falls, but projected to rise in next adjustment

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The average block time at publication is about 9.8 minutes, falling slightly short of the 10-minute block target, according to CoinWarz.

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