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RT @0xnoahsark: the @SHL0MS doxx is a red herring obviously trying to dox someone that has become a concept is like trying to interpret s…

RT @EasyEatsBodega: Pengu one of the most interesting coins to me right now. Any sort of pullback into the red box, especially if BTC hol…

I just learned that my partner Bob Young's (Red Hat co-founder) online book publishing platform which he started shortly after retiring from Red Hat in 2004 is now fast approaching $100M ARR after a few pivots. Totally bootstrapped. Zero VC funding. Bob is a fucking legend. WOW.

WhiteRock’s native token has plunged nearly 25% in the past 24 hours amid reports that its founder, Ildar Ilham, has been arrested in the United Arab Emirates. The price of WhiteRock ( WHITE ), the token that powers the on-chain brokerage for tokenized equities and bonds, fell sharply following reports of Ilham’s arrest. Blockchain sleuth ZachXBT, who previously highlighted a possible link between the WhiteRock founder and the $30 million Zkasino exit scam, also posted an update of Ilham’s detention in the UAE. A news report shared by the analyst indicates that law enforcement are holding a 21-year-old Norwegian man in connection with an international investigation into a crypto scam involving Zkasino. According to ZachXBT, the WhiteRock Finance founder now awaits extradition to the Netherlands, where he faces criminal charges. In a June 16 post on X, ZachXBT noted: “At least one team member from the $30M Zkasino exit scam appears to be involved with the project WhiteRock WHITE due to onchain transactions linking both projects and a personal email address.” The onchain investigator pointed out several red flags around the project, including the anonymous nature of the team, false claims about partnerships, and commingled fund flows. He also linked WhiteRock’s marketing wallet to the $30 million stolen from the Zkasino gambling platform. “I think the risk of a rug with WhiteRock remains high due to their history with other projects (Zkasino, Syncus, Zigzag),” ZachXBT wrote. WHITE’s price notably surged by more than 116% on May 30 after rumors circulated about a potential mega partnership with a Saudi Arabian oil company. According to market data, WhiteRock is currently trading at around $0.0006233, down 25% in the past 24 hours. The token has plummeted by nearly 60% over the past month. WHITE is listed on exchanges such as MEXC, BingX, and Gate.

U.S. Senator Cynthia Lummis has introduced a cryptocurrency tax legislation proposal aimed at enacting a comprehensive digital asset tax framework in the United States. Lummis, who leads the Senate Banking Committee’s digital assets subcommittee, unveiled the crypto tax proposal on July 3, 2025, a day after it failed to make into the One Big Beautiful Bill Act as an amendment. The Senate recently passed OBBB, President Donald Trump’s mega tax and policy bill that’s now in the f inal stages of House approval before it heads to the president’s desk. The lawmaker has now introduced the proposal as standalone legislation. It seeks to amend the Internal Revenue Code of 1986 to reform how the U.S. tax code treats digital assets. Key highlights include a threshold, or de minimis rule, of $300 on crypto transactions, elimination of double taxation for crypto miners and stakers and tax parity – treating of crypto like other financial assets. The bill also proposes expanding securities lending rules to include digital assets, clarifying that digital asset lending is generally not a taxable event. “In order to maintain our competitive edge, we must change our tax code to embrace our digital economy, not burden digital asset users,” said Lummis. “This groundbreaking legislation is fully paid-for, cuts through the bureaucratic red tape and establishes common-sense rules that reflect how digital technologies function in the real world.” According to Lummis, it’s time America does not allow its “archaic tax policies” to stifle innovation. “My legislation ensures Americans can participate in the digital economy without inadvertent tax violations,” she added. In a statemen, Lummis said she welcomes public comments on the bill. Lummis’ crypto tax bill joins other notable digital asset regulation bills in the U.S., including crypto market structure and stablecoin regulation. Both the CLARITY and GENIUS Act bills are matters currently on Congress’ calendar. Following Trump’s election, Lummis introduced the Bitcoin Act , a bill that seeks to establish a BTC strategic reserve for the U.S.