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Trump will meet with his trade team this week to determine the national tariff rate.

8 hours ago

On July 1st, the White House Press Secretary, Levitt, said that Trump will meet with the trade team this week in order to determine the national tariff rate. (Foreign exchange)
Relevant content

Trump Family-Linked Mining Firm American Bitcoin Raises $220 Million for Bitcoin Purchase and Mining Equipment

July 1st - According to Bloomberg, a cryptocurrency firm linked to the family of US President Donald Trump managed to raise $220 million. This information was stated in a filing submitted on Monday. The raised funds will be utilized to purchase Bitcoin and digital asset mining equipment. The company, named American Bitcoin, has Eric Trump, Trump's son, among its supporters. According to the filing by the company's major shareholder, Hut 8 Corp., American Bitcoin issued new shares to private investors last Friday. Approximately $10 million worth of shares were sold in Bitcoin instead of US dollars.

6 minutes ago

ShieldWall: In June, there were 15 significant crypto hacking incidents, with a total loss of $1.116 billion

On July 1st, according to PeckShield's monitoring, there were around 15 significant cryptocurrency hacking incidents in June 2025. The total loss amounted to 111.6 million US dollars, which was a 56% decrease compared to May.

6 minutes ago

Polygon Labs and GSR have jointly launched Katana Blockchain, which will focus on DeFi

On July 1st, as per DL News, Polygon Labs has entered into a partnership with the crypto trading firm GSR to initiate a brand-new blockchain within the Ethereum ecosystem that focuses on Decentralized Finance (DeFi). This blockchain, named Katana, is intended to tackle the two most significant problems in the field: unsustainably high yields resulting from token inflation and the fragmentation of digital assets across dozens of blockchains and hundreds of applications.

6 minutes ago

The Trump family-affiliated mining company, American Bitcoin, plans to establish a cryptocurrency trading team in Dubai

On July 1st, as per Bloomberg, a Bitcoin mining firm tied to the Trump family intends to set up an office in Dubai. Dubai is swiftly emerging as a significant center for the cryptocurrency industry on account of its favorable tax and regulatory climate. According to the records from the Dubai International Financial Centre, Hut 8, which is headquartered in Miami, registered last week to establish the office. A company spokesperson affirmed that a team is being put together in Dubai and is concentrating on trading and cryptocurrency accumulation strategies. As per the year-end report, Hut 8 currently operates Bitcoin mining businesses in Texas and New York in the US, as well as in Alberta, Canada. Hut 8 is engaged in a new company that is partially owned by Donald Trump Jr. and Eric Trump. The company, named American Bitcoin, is receiving the major portion of Hut 8's Bitcoin mining equipment and is scheduled to go public this year through a merger with another publicly traded company.

6 minutes ago

Suspected Hacker Address Buy Back 4958 ETH After 3 Months, Worth Approximately $12.37 Million

On July 1st, based on LookOnChain's monitoring, 3 months ago, a wallet address beginning with 0x17E0 (presumably belonging to a hacker) received 12,282 ETH (approximately $23.72 million) from THORChain and Chainflip. Then, it sold this amount at the price of $1,932 per ETH at that time. 30 minutes ago, it purchased 4,958 ETH (about $12.37 million) at a price of $2,495 per ETH.

6 minutes ago

U.S. Senator Lummis Proposes Adding Small Crypto Transaction Tax Exemption to "Build Back Better" Bill

On July 1st, as per the report from CoinDesk, US Senator Cynthia Lummis is making a stealthy attempt to incorporate a crucial cryptocurrency tax provision into the former President Donald Trump's large-scale budget reconciliation bill, which is intended to reduce the tax burden on basic cryptocurrency activities. Lummis proposed on Monday to include relevant provisions in Congress's "Big Beautiful Bill". These provisions include an exemption for small cryptocurrency transactions (below $300) from taxes. Industry insiders state that this move would simplify the current practice of taxing both ends of core cryptocurrency activities such as staking and digital asset mining. The proposal also suggests setting the annual total limit for small transactions at $5,000, which would significantly reduce the burden of calculating capital gains taxes for those who only engage in a small amount of digital asset trading. Industry insiders believe that this w

6 minutes ago