IRS DeFi broker rule repeal gains traction with overwhelming House support, setting stage for Senate approval.
Ethereum price struggles below $1,900 as DeFi metrics weaken, with falling TVL, declining revenue, and reduced trading activity.
Lawmakers in the United States have voted to scrap the Internal Revenue Service’s controversial rule that would have forced decentralized finance platforms to report user transactions
Starknet plans to bridge Bitcoin and Ethereum on Layer 2, enabling faster transactions and DeFi integration while leveraging Bitcoin's security and liquidity.Starknet plans to bridge Bitcoin and Ethereum on Layer 2, enabling faster transactions and DeFi integration while leveraging Bitcoin's security and liquidity.
The US House of Representatives voted to repeal an IRS rule imposed during the Biden administration, which mandated DeFi brokers to report u...
The Bipartisan coalition voted to nullify tax reporting requirements that critics labeled as technically impossible for DeFi platforms.
The decision compared holding Uniswap liable for swaps in its platform to holding Nasdaq or the NYSE responsible for fraudulent stock purchases on their platforms.
A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and requiring them to …
The IRS broker rule would have been impossible to comply with for DeFi entities, one of the resolution's proponents said.
The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted
AI's exponential growth redefines the limits imposed by Moore's Law, emphasizing AI's multi-dimensional advancement.
The court filing described these transfers as "frenzied," and having taken place with "intuition more accurate than the Oracle at Delphi."
One of the foremost projects aiming to increase the speed of the Ethereum network is ramping up its work on the world's original blockchain: Bitcoin.
Bitwise launches Bitwise Bitcoin Standard Corporations ETF (OWNB), giving investors access to firms with substantial BTC reserves.
Volume in both leveraged long and short ETFs has increased sharply.
IP defied the broader market downturn following its recent listing on Kraken, supported by ongoing ecosystem developments
Movement Public Mainnet Beta launch drives MOVE's 7% surge, signaling bullish momentum despite market selloff.
U.S. Senator Bill Hagerty has introduced an updated version of the Guiding and Establishing National Innovation for US Stablecoins Act ahead of a key Senate Banking Committee vote on March 13
Stablecoin market cap reaches all time high of $226B despite crypto downturn, with USDT leading at $143B. Why?
Texas state lawmakers have introduced a second Bitcoin reserve bill that would allow the state Comptroller to invest up to $250 million in Bitcoin or other cryptocurrencies
ELX crypto surged by as high as 68% in the past 24 hours of trading ahead of a listing on South Korean crypto exchange Bithumb.
A controversial rule that expanded the definition of exchanges to include crypto firms may be abandoned as U.S. Securities and Exchange Commission Acting Chairman Mark Uyeda calls for a reassessment
Acting SEC Chair Mark Uyeda said on Monday that the proposal tried to “tamp down the crypto market.”
Falling ETH prices also threaten other DeFi loans, with potential liquidations that could further impact the token's price.
Ethereum's ETH has been spiraling on Monday, jeopardizing a large decentralized finance (DeFi) loan on lending platform Sky (formerly Maker) of being …
Falling ETH prices also threaten other DeFi loans, with potential liquidations that could further impact ETH's price.
The acting chief of the U.S. Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms. The SEC in 2022 proposed requiring some crypto firms to register as alternative trading systems, drawing criticism from the sector in the face of potentially heightened oversight and additional rules. Acting Chairman Mark Uyeda told an audience of bankers he has instructed staff to look at ways to abandon that portion of the plan, which has yet to be finalized.
In this conversation with Ripple CTO David Schwartz, he reveals how Ripple transformed from facing potential extinction during its SEC lawsuit to launching a stablecoin positioned for mainstream adoption. Schwartz's vision for DeFi's evolution beyond "gambling" to everyday utility showcases why Ripple's approach might finally bridge the gap between blockchain innovation and the trillions in traditional financial assets. | Video
Unchained Summit: Upcoming Crypto Event in Dubai to Redefine Web 3.0’s Global Impact
An unknown attacker prompted Ethereum developers to roll out a “private fix” as the network grappled with technical issues during the Pectra upgrade on the Sepolia testnet
ZENMEV Secures Strategic Investment from VC VentureX to Accelerate MEV-Based DeFi Growth and Innovation
World Liberty Financial faces $110M in unrealized losses as its crypto portfolio drops in value, with Ethereum making up 65% of the decline.
Nayib Bukele-led El Salvador increases Bitcoin reserves during market dip, risking International Monetray Fund (IMF) deal tension.
A clause in Utah’s Blockchain and Digital Innovation Amendments bill, which would establish a Bitcoin reserve, was dropped right before the final Senate vote
CertiK detected a $140K Arbitrum exploit, where an attacker bypassed signature verification to drain funds from unverified swap adapter contracts
Today's edition of the weekly recap covers Trump's executive order creating a Strategic Bitcoin Reserve, multiple SEC case dismissals, and El Salvador's continued BTC accumulation
1inch recovers most of the $5 million stolen in a DeFi hack after negotiations, highlighting security risks and ethical hacking trends.
Women are redefining financial independence through crypto, breaking barriers in banking, entrepreneurship, and economic inclusion. As Web3 evolves, the question isn’t if women will transform finance — but how fast.
Ondo Finance has taken the decentralized finance (DeFi) space by storm, surpassing $1 billion in total value locked (TVL) in just 30 days...
1inch’s Hedi Navazan blasts the IRS for attempting to treat DeFi like traditional finance, following the Senate’s vote to repeal the rule.
President Trump has signed an executive order to create a U.S. cryptocurrency reserve, securing seized crypto as a long-term asset.
President Trump will meet with top crypto executives to discuss the U.S. Bitcoin reserve and regulatory clarity.
Vietnam's Ministry of Finance plans a pilot project for a digital asset and cryptocurrency exchange to boost economic growth.
XRP rose 15% this week with strong LTH support and a weakening downtrend. The altcoin aims to breach $2.70 and move toward $2.95.
DeFi leader 1inch hit by breach, accelerates security measures with bug bounty program and community audits.
The real question isn’t just how to scale or manage the highest TPS but how to rethink fundamental constraints that define blockchain’s future.
While the reserve is essentially a wallet rebrand, it does add a legitimacy to Bitcoin simply because its held with the Treasury.