U.S. House Ways and Means Committee Chairman Jason Smith emphasized the necessity of bipartisan support for digital asset tax legislation, stating that without it, related bills will not progress. According to ChainCatcher, Representatives Steven Horsford, Max Miller, Suzan DelBene, and Mike Carey have introduced the "PARITY Act," aimed at updating tax rules for digital assets to provide a clearer regulatory framework, enhance investor protection, and prevent market manipulation. Representative Steven Horsford noted that the legislation would help ordinary investors participate more safely in the digital asset market and create opportunities for wealth accumulation. Max Miller highlighted that the current U.S. tax code is inadequate for the rapid development of digital assets and modern financial technology. The PARITY Act, along with the ongoing CLARITY Act, is seen as a crucial part of establishing a comprehensive regulatory system for crypto assets in the U.S. In March, the U.S. Congress released a draft discussion on tax policy, followed by a bipartisan roundtable in May to discuss the crypto asset tax framework. The market is closely watching whether the CLARITY Act will pass by 2026. Analysts suggest that if both the CLARITY and PARITY Acts are enacted, along with subsequent rules from the GENIUS Act, the U.S. crypto industry could see a clearer regulatory environment, further integrating Web3 and DeFi into the mainstream financial system.

A major long position in Micron Technology (MU) on Hyperliquid has been closed, according to Foresight News. The position, valued at $21 million, was entered at $575 and closed at $956, resulting in a profit of approximately $8.19 million.

A major HyperLiquid investor has reportedly begun cashing out, with cumulative profits from HYPE exceeding $94 million. According to BlockBeats On-chain Detection, the investor initially acquired 819,335 HYPE tokens from the HyperLiquid genesis allocation. Subsequently, they purchased an additional 676,798 HYPE tokens for $2.9 million at an average price of $4.29 each. Eight hours ago, the investor withdrew 500,000 HYPE tokens from HyperLiquid, valued at approximately $33 million. They have since deposited 211,001 HYPE tokens into a centralized exchange (CEX), valued at around $13.82 million. The investor still holds 1,284,955 HYPE tokens, worth approximately $82.62 million.

U.S. Defense Secretary Pete Hegseth has called on allied and partner nations to raise their defense spending to 3.5% of GDP. According to Jin10, this request aims to bolster collective security and address emerging global threats. The move is part of a broader strategy to ensure that allied nations are adequately prepared to meet current and future defense challenges.

According to PANews, the true catalyst for the cryptocurrency market is institutional demand, which operates independently of timelines suggested on crypto social media platforms.

The FBI, in collaboration with international partners, has seized $8 billion in cryptocurrency as part of a crackdown on an international online investment fraud organization. According to NS3.AI, the operation targeted a criminal group operating in Myanmar, Cambodia, Thailand, and the UAE. Authorities have arrested around 300 suspects and rescued approximately 2,000 victims who were subjected to forced labor and kidnapping.

世俗社会面对 AI，要做的是同一件事。问题只在于：谁来做？做了能撑多久？真出了事，找谁负责？

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Before the ERC-8257 standard is actually applied, its reliability in terms of tools and consistency of permission rules still need further verification and improvement.

If a DeFi security professional suddenly started advising friends and family to withdraw all their money from DeFi protocols like Aave and Compound—how would you view this?

Even before SpaceX's IPO bell rang, the market had already written a warning note for pre-IPO assets.

Solana generates substantial REV while maintaining sufficiently low execution costs, enabling applications and users to continuously scale up activity on the network.

French semiconductor company Sequans Communications has officially ended its Bitcoin treasury strategy less than a year after adopting it, unwinding a high-profile experiment that was once pitched as a long-term reserve plan and a path toward financial resilience.

An AI-generated image showing Thai police officers in glittery dancer dresses during a drug arrest went viral after being shared from an official police Facebook page and picked up by global media. Police later confirmed the picture was fake, even though the real arrest and drug seizure behind the post did take place.

This article will start by reconstructing the timeline, dissecting the successive legal structures of GENIUS and CLARITY, and analyzing why the tokenized reserve asset layer has become the most robust and compliant revenue channel in the new paradigm.

The growth trend of stablecoins as a means of payment and value transfer is becoming increasingly apparent. For stablecoins to truly achieve large-scale adoption, local currency stablecoins and on-chain foreign exchange are likely to be an essential component.