‍ETHZilla Liquidates $74.5M in ETH to Settle Debt Crypto treasury firm ETHZilla has sold 24,291 ETH for $74.5 million to redeem convertible notes. This move follows the company's rebranding from 180 Life Sciences Corp and shift to an Ether-focused strategy. ETHZilla retains approximately 69,800 ETH. The company also acquired stakes in AI startup Karus and digital lender Zippy, diversifying its interests amidst market volatility.
‍Arizona Senator Proposes Crypto Tax Exemptions Arizona State Senator Wendy Rogers has introduced legislation to exempt virtual currencies from property taxes and prevent local governments from taxing blockchain nodes. SB 1044 and SCR 1003, which seek these property tax exemptions, would require a public vote in November 2026. SB 1045, prohibiting taxes on node operators, may be approved sooner. This initiative follows previous efforts to integrate Bitcoin into state reserves.