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PumpBTC has officially been listed, marking a majof milestone for Bitcoin holders and the decentralized finance (DeFi) ecosystem. Developed by xAI, PumpBTC is a liquid staking solution integrated with the Babylon protocol, designed to maximize yields for BTC holders while maintaining liquidity. This innovative token, now available on platforms like Bitget and couple of others, aims to bridge traditional Bitcoin holdings with the dynamic world of DeFi, offering users a seamless staking experience. $PUMP Pump allows users to stake various Bitcoin derivativessuch as WBTC and BTCB through a single action, instantly receiving liquidity tokens without lockup periods. This eliminates the complexities often associated with staking, making it accessible to both seasoned investors and newcomers. Backed by seasoned DeFi experts and industry-leading partners, $PUMP prioritizes security by collaborating with licensed custodians like Cobo MPC and Coincover, ensuring user assets remain safe while generating native yields from Babylon’s staking mechanism. The listing has sparked excitement across the crypto community, with recent reports indicating a surge in interest. For instance, its token issuance event was oversubscribed by 247x in just 10 minutes, raising over 307,187 BNB against a target of 1,239.52 BNB. Trading at approximately $96,943.60 USD with a market cap nearing $494.83M, PumpBTC is already showing strong market performance. Its governance token, $PUMP, further empowers the community by enabling decision-making, fostering trust and engagement. As $PUMP gains traction, it promises to redefine how Bitcoin integrates into DeFi, offering a compelling blend of yield generation, liquidity, and security for the future of crypto investment.

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Elon Musk, via his platform X, has filed a brief with the U.S. Supreme Court challenging the IRS’s practices regarding access to Coinbase user data. This initiative is part of a broader debate on privacy protection in the crypto space. X Corp, Elon Musk’s company that manages the X platform, filed an amicus curiae brief with the U.S. Supreme Court on Friday, contesting the IRS’s methods. The company specifically denounces the use of so-called “no-suspicion” subpoenas allowing the tax authorities to access, without a judicial warrant, the financial data of users on platforms like Coinbase. The case highlights how the tax authorities obtained, through simple administrative subpoena, three years of transaction statements concerning over 14,000 Coinbase customers, including James Harper, the main plaintiff. Alongside seven advocacy groups and researchers, X Corp denounces these “no-suspicion subpoenas” as a violation of the Fourth Amendment, which protects Americans against unreasonable searches. Following this request, the Supreme Court asked the federal government on Monday to formulate an official response, highlighting the importance of this case. The dispute dates back to 2020 when James Harper sued the IRS to contest the seizure of his personal information related to cryptos. In 2023, a federal court ruled in favor of the IRS, determining that the tax agency was acting within the scope of its legal prerogatives. The current appeal before the Supreme Court thus marks a new stage in this legal battle, with potentially significant implications for the protection of digital financial data. This initiative perfectly aligns with Elon Musk’s vision regarding digital governance. The billionaire, who recently sold his platform X to his own company xAI for 33 billion dollars, has always positioned himself as an advocate for privacy and freedom of speech. By taking a stand for the protection of cryptocurrency users’ data, Musk strengthens his credibility among the tech and crypto communities, particularly sensitive to privacy issues. The Supreme Court’s verdict could redefine the limits of state power in relation to digital privacy. This case resonates with the recent case of Tornado Cash , a crypto mixing protocol ultimately removed from the OFAC blacklist after a court ruled that the agency had overstepped its authority. This case resonates with the recent case of Tornado Cash , a crypto mixing protocol ultimately removed from the OFAC blacklist after a court ruled that the agency had overstepped its authority, illustrating the growing tensions between state regulation and digital freedoms.