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California’s proposed billionaire levy redraws Silicon Valley’s calculus

A proposed ballot measure would impose a one-time 5% levy on individuals with net worth above $1 billion, calculated in a way that could tax founders on their voting control rather than realized economic value. The measure has triggered bipartisan backlash from tech leaders, legal debate over valuation and deferral mechanics, and visible moves by some founders to diversify residency and assets outside California.

Latest News

California’s proposed billionaire levy redraws Silicon Valley’s calculus

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Mother of one of Elon Musk’s children sues xAI over sexualized AI images amid regulatory backlash

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Court orders Anna’s Archive to purge WorldCat data and stop scraping, but compliance is doubtful

Fed chair hit with DOJ probe as crypto sector braces for more turbulence

Belarus formalizes state‑supervised 'cryptobank' model to fold crypto into regulated banking

Google Play ties South Korea app listings to local crypto registration, threatening offshore exchanges’ availability

KBC to open Bitcoin and Ether trading to Belgian retail clients through Bolero

Revenue Gravity Shifts to DeFi Apps as Protocols Outearn Base Chains

Latest News

California’s proposed billionaire levy redraws Silicon Valley’s calculus

Steak 'n Shake Moves $10M into Bitcoin Treasury After Lightning Payments Lift Sales

China-led mBridge posts $55.5B in cross-border CBDC flows as e-CNY use surges

Web3’s Real Economy Reboots: DePIN and Autonomous Agents Take Center Stage

Crypto 2026: Bitcoin’s New Price Drivers, Ether’s Institutional Shift and a More Selective Altcoin Market

Goldman Sachs CEO Flags Legislative Drag on U.S. Crypto Market Structure

Senate Judiciary Leaders Raise Fresh Objections to Crypto Bill’s Developer Exemption

Crypto rebound driven by ETF flows and product launches, but Washington uncertainty clouds outlook

Buterin Frames 2026 as the Year Ethereum Reclaims User Control and Privacy

Mixed Signals from the Launch Sector: Ariane 64 Readies Debut as Failures and Investments Reshape Strategy

AI-driven memory squeeze reshapes GPU and storage markets as prices surge

Mandiant Publishes Precomputed Tables That Slash NTLMv1 Crack Time to ~12 Hours

Mother of one of Elon Musk’s children sues xAI over sexualized AI images amid regulatory backlash

TSMC wagers on sustained AI demand after blowout quarter and major capex ramp

Court orders Anna’s Archive to purge WorldCat data and stop scraping, but compliance is doubtful

Fed chair hit with DOJ probe as crypto sector braces for more turbulence

Belarus formalizes state‑supervised 'cryptobank' model to fold crypto into regulated banking

Google Play ties South Korea app listings to local crypto registration, threatening offshore exchanges’ availability

KBC to open Bitcoin and Ether trading to Belgian retail clients through Bolero

Revenue Gravity Shifts to DeFi Apps as Protocols Outearn Base Chains