Ripple Co-Founder Leads $40M Push to Counter California Wealth Tax

Ripple co-founder Chris Larsen and venture capitalist Tim Draper launched Grow California with $40 million to elect moderate state legislators and oppose a union-backed wealth tax that would impose a 5% levy on net worth exceeding $1 billion.
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$30M Stolen as Step Finance Treasury Wallets Compromised

Step Finance disclosed a $30 million breach of multiple treasury wallets containing 261,854 SOL tokens during Asian Pacific trading hours, sending its native STEP token down 90% as the incident adds to January’s $370 million in total crypto exploit losses.
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