Crypto industry calls on Congress to block new DeFi broker rules
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules....
12-30 09:34
Primitive
10875 Reading
US Tax Agency to Regulate DeFi Platforms as Brokers, Mandates Gross Proceeds Reporting
Starting in 2027, these brokers must report gross proceeds from cryptocurrency and digital asset sales.
The regulator estimates that 650 to 875 DeFi brokers will be affected....
12-30 09:34
Primitive
12067 Reading
MiCA Threatens USDT’s Future in Europe as Potential Ban Looms in 4 Days
Missing compliance deadlines, USDT raises concerns about liquidity and transaction costs.
Criticism of USDT rises over audit practices and halted coin minting....
12-30 09:34
Primitive
12634 Reading
Real World Assets (RWA) 2025 Predictions: Top 5 Tokens to Watch Out For
MANTRA and Ondo led 2024 gains, with OM targeting $3.36 support and ONDO needing to reclaim $1.48....
12-30 09:34
Primitive
8241 Reading
Volatility Shares Targets Solana Futures ETF in Latest SEC Filing
Volatility Shares has filed for a Solana futures-based exchange-traded fund. (ETF)....
12-30 09:34
Primitive
13715 Reading
3 major developments that spurred crypto adoption in 2024
The crypto industry witnessed historic milestones in 2024, from MiCA regulations in Europe to Bitcoin adoption in Latin America and the US eyeing a strategic Bitcoin reserve....
12-30 09:34
Primitive
6177 Reading
Galaxy Predicts No Bitcoin Purchase by US in 2025 Despite Nation-State Adoption
Galaxy Research expects Bitcoin to surpass $185,000 due to increased adoption by nations and major corporations....
12-30 09:34
Primitive
17831 Reading
Will Solana price hold $180 after 30% drop in weekly DApp volumes?
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside....
12-30 09:34
Primitive
16908 Reading
The Year in Dogecoin: Elon Musk's Favorite Crypto Makes a Comeback
Dogecoin's price surged to a three-year high on bullish comments and moves from Donald Trump and Elon Musk in 2024. Here's a look back....
12-30 09:34
Primitive
9035 Reading
Buterin adopts Moo Deng, Christmas wishes of a lost $773M BTC wallet — Finance Redefined
Howells told Cointelegraph about his legal battle to recover a lost $773 million Bitcoin hard drive, which he plans to use to finance blockchain innovation....
12-30 09:34
Primitive
10048 Reading
Digital Rights Asset (DR): A Market-Driven Pioneer in the RWA Sector
1. Potential and Background of RWA Market Applications The on-chain representation of Real-World Assets (RWA) has emerged as a prominent application in the blockchain industry, offering significant market potential through the tokenization...
12-29 10:00
Primitive
9394 Reading
Securitize proposes BlackRock BUIDL fund as collateral for Frax USD
According to RWA.XYZ, BlackRock's US dollar Institutional Digital Liquidity Fund has roughly $549 million in assets under management....
12-24 11:40
Primitive
10009 Reading
Your VASP license won’t save you anymore
Relying solely on VASP licenses and superficial compliance policies isn’t enough....
12-24 11:40
Primitive
16974 Reading
$1.1 Billion Withdrawal Pushes Solana’s (SOL) TVL to Monthly Low
Solana’s total value locked (TVL) has dropped by $1.1 billion in December, reaching its lowest monthly point at $8.01 billion....
12-24 11:40
Primitive
16577 Reading
Gate.io Milestones Propel GateToken to New All-Time High in December
Surging user numbers, sports sponsorships and the platform’s December reserve report have underpinned gains for its native token....
12-24 11:40
Primitive
17226 Reading
Web3 Startup The Grid Is Building Google Maps for Blockchain Data
"Currently you arrive in the Web3 city and its logos and lights are everywhere, but little else," co-founder Jonathan Knegtel told Decrypt....
12-24 11:39
Primitive
13951 Reading
NFTs in 2024: Surviving challenges, embracing growth, eyeing the future
NFT projects encountered numerous setbacks in 2024, but many remain hopeful that the asset class will stage a comeback....
12-24 11:39
Primitive
19770 Reading
Experts Predict Bitcoin Could Drop $20,000 Amid Global Money Supply Decline
Bitcoin faces its steepest weekly drop since August, with experts linking its 15% correction to global liquidity tightening....
12-24 11:39
Primitive
15425 Reading
Saylor floats US crypto framework with $81T Bitcoin reserve plan
Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country's national debt....
12-24 11:39
Primitive
15191 Reading
Unichain’s public mainnet expected to launch in ‘early 2025,’ Uniswap says
Unichain, a DeFi-focused Layer 2 built on the OP Stack and developed by Uniswap, is expected to launch its public mainnet in early 2025.
The developers plan to integrate permissionless fault proofs from day one of Unichain’s mainnet launch...
12-24 11:39
Primitive
10276 Reading