Acum 9 h
Bittensor (TAO) rallies in March as staking tops 33% and volatility risk builds
Bittensor's TAO surged in March, returning to the $330 area after an intraday high near $378, while more than 33% of TAO is now staked into sub-nets. Network activity has expanded alongside price, with sub-nets rising to over 120 in the past year and their combined market cap estimated around $1.4 billion. Analysts say sustained spot-buying pressure supports the move, but warn that rising spot, derivatives, and retail activity can increase the chance of sharp swings.
TAO
TAO-3.20%
Acum 9 h
Acum 9 h
Washington AG Nick Brown Sues KalshiEx, Alleging Illegal Online Gambling Operation
Washington Attorney General Nick Brown filed a civil lawsuit against KalshiEx LLC this week in King County Superior Court, arguing the platform's event contracts qualify as illegal gambling under state law. The complaint focuses on binary contracts priced from $0.01 to $0.99 that pay $1 to winners and $0 to losers, and seeks an injunction, restitution, disgorgement, and per-violation civil penalties.
BTC
BTC-0.24%
Acum 9 h
Acum 12 h
US GOP Senators Introduce "Mined in America Act" to Boost Crypto Mining and Codify Bitcoin Reserve
Republican Sens. Cynthia Lummis and Bill Cassidy unveiled the "Mined in America Act" on Monday to expand digital asset mining's role in the U.S. economy. The proposal would also write into law President Donald Trump's executive order establishing a strategic bitcoin reserve. It further directs the Commerce Department to create a voluntary certification program for mining pools and facilities, including a requirement for certified sites to move away from equipment made by firms tied to foreign adversaries.
BTC
BTC-0.24%
Acum 12 h
Acum 12 h
Cassidy and Lummis Introduce March 30 Bill to Expand US Bitcoin Mining and Treasury Reserve
On March 30, U.S. Senators Bill Cassidy and Cynthia Lummis introduced a bill aimed at expanding bitcoin mining and related digital-asset infrastructure inside the United States. The proposal would create a voluntary “Mined in America” certification, require certified operators to phase out hardware linked to foreign adversaries, and formalize a Strategic Bitcoin Reserve within the Department of the Treasury.
BTC
BTC-0.24%
Acum 12 h