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How The UK’s Crypto Tax Maze Is Driving Users Away

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As New York Chases Affluent Out of the State, Tax Revenue Declines
While the state of New York and New York City continue to raise taxes on the wealthy, the amount of revenue declines, according to a report. Of course, this paradigm seems obvious to all, except for p...

Best Buy Sees Slight Sales Increase as Tariff Woes Persist
Best Buy saw quarterly sales creep up as consumers increased their tech spending. The electronics retailer released second-quarter earnings Thursday (Aug. 28) that showed sales growth of...

Treasury Secretary Bessent’s stablecoin push could drive $34 trillion into Ethena, Etherfi, Hyperliquid
Treasury Secretary Scott Bessent’s endorsement of dollar-pegged stablecoins creates a pathway for up to $34 trillion to flow into decentralized finance protocols such as Ethena, Ether.fi, and Hyperl...

Solana DeFi TVL nears all-time high at $11.7B but daily fees remain stuck under $2 million
Increased capital has clustered around Solana over the past month, even as user activity shows mixed momentum. Per DeFiLlama, Solana’s 24-hour DEX volume recently printed about $4.6 billion, with pe...

M0 Raises $40 Million for Stablecoin Infrastructure Platform
M0 has raised $40 million for its platform, which lets crypto apps and protocols create application-specific stablecoins. The company’s Series B round, announced Thursday (Aug. 28) in a ...

Missouri man uses $1.5 million embezzlement funds to gamble
A man from Missouri has pleaded guilty to embezzling company funds to pay for a life of luxury, including online and casino gambling. Assistant U.S. Attorney Brent Venneman prosecuted the case against...

Play Solana to ship first Web3 handheld console PSG1 on Oct 6
Play Solana will begin shipping its first handheld gaming console, the Play Solana Gen 1 (PSG1), on October 6. This marks an expansion of the Solana ecosystem into dedicated hardware for Web3 gaming. ...

Nvidia net income jumps 59% to $26.4B in second quarter results
Nvidia, recognized as the world’s most valuable entity, disclosed its latest financial performance, revealing substantial sales growth. The company’s earnings statement, released Wednesday, indica...

Inspired Entertainment announces proposed sale of UK holiday parks
The B2B provider of gaming content and technology, Inspired Entertainment, has entered into an agreement with entertainment company GENDA to sell its UK holiday parks. The sale of Inspired’s parks b...

Visa Says Unified Commerce Lets Small Shops Play Big
Watch more: SMBs and Unified Commerce — Playing Big in a Mobile-First World Consumer expectations for fluidity between online, mobile and physical storefronts are at an all-time high. But...