Crypto Tax Chaos: Senate Panics as IRS Offers Relief!

The Treasury and IRS, ever the paragons of bureaucratic complexity, have issued interim guidance to “reduce compliance burdens” under the Corporate Alternative Minimum Tax (CAMT). A 15% minimum tax on the income of the mighty corporations, a beast of 1920s-era rigor, now sees its claws dulled. How noble! 🐉

Machi Big Brother’s $44M Dream Turns into a $9M Nightmare 😱💸

The account “0x020c,” a digital alter ego of our celebrity, who also fancies himself a connoisseur of the Bored Ape Yacht Club, teeters on the brink. A 5x leveraged long position on the Plasma (XPL) token-a gamble on its ascent-has turned sour. The liquidation threshold looms at $0.5366, a specter haunting his blockchain ledger. 🦍📉