U.S. lawmakers propose quick legislation in response to Taylor Swift deepfake

In a statement, X mentioned it is actively removing the images and taking appropriate actions against the accounts responsible for spreading them. Read more »

Celsius and Core Scientific propose $14M settlement for litigation

Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. Read more »

Tax law researchers propose IRS framework for deducting crypto losses

A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned. Read more »

Texas lawmakers propose a gold-backed state digital currency

The bills state that the trustee must hold a sufficient amount of gold in reserve for all units of digital currency that have been issued and are still in circulation. Read more »