While semiconductors received tariff exemptions, the relief is largely symbolic. Indirect costs from tariffs on finished goods, investment uncertainty, and risks for startups undermine the potential benefits, hindering AI development and technological advancement.
Tag: United States
Coinbase Hacker Trolls ZachXBT After $42.5M THORChain Swap: A Deep Dive
Following a major data breach affecting Coinbase users, the hacker mocked blockchain investigator ZachXBT after a $42.5 million swap via THORChain. This event highlights the growing scrutiny of THORChain’s role in facilitating illicit transactions and the legal challenges facing Coinbase.
Crypto Travelers: Higher Spending, Loyalty, and the Future of Travel Payments
Explore how cryptocurrency users are revolutionizing the travel industry, spending significantly more and demonstrating greater loyalty compared to traditional fiat travelers. Discover the trends, benefits, and expanding use cases of crypto payments in travel and retail.
VanEck Launches Avalanche Ecosystem Fund: Investing in Web3’s Future
VanEck is launching a new fund, the VanEck PurposeBuilt Fund, focused on investing in Web3 projects built on the Avalanche blockchain. This fund targets accredited investors and aims to capitalize on the growing real-world asset (RWA) tokenization trend within the Avalanche ecosystem.
GENIUS Act: US Senate Poised to Legitimizes Stablecoins for Institutional Adoption
The GENIUS Act, designed to regulate stablecoins in the US, has passed the Senate and is now heading to a debate. It sets clear rules for collateralization and AML compliance, potentially leading to wider institutional adoption of stablecoins. Here’s a breakdown of the bill, its implications, and potential impacts on the crypto market.