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Sergey Brin has spent $100M to defeat a one-off 5% wealth tax on California billionaires. The proposal could raise $100B for healthcare and education. Vote in November.

Cosmos leads with 18.5% APY, but network inflation cuts real returns to 2-8%. BNY enters institutional staking via Galaxy Digital partnership. Analysis of eight networks.

Tariffs, record ETF outflows and $3B in forced liquidations drove Bitcoin from $126K to $63K. Unlike 2022, no exchange failed. Bitwise sees a potential bottom.