News_Blockchain News_Blockchain

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

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 Disruptor and Pioneer in the RWA Sector

1. Background Analysis of the RWA Sector: Revolutionizing Traditional Asset Circulation through Blockchain Technology In recent years, the on-chain representation of Real-World Assets (RWA) has become a key trend in the blockchain sector. T...

12-27 13:57 Primitive 11916 Reading

Xone Chain Testnet Advances Steadily, Accelerating Ecosystem Tools and Community Engagement

December 2024 Xone Chain, a decentralized financial network driven by Behavioral Value Incentives (BVI) , is making waves in the blockchain industry. With the testnet progressing steadily, ecosystem tools rolling out, and community activiti...

12-24 14:57 Primitive 8428 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 10010 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 16975 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 17225 Reading

UAE Joins Bitcoin Accumulation Buzz With Unverified $40 Billion Claim

Rumors suggest that the United Arab Emirates holds $40 billion in Bitcoin....

12-24 11:40 Primitive 8459 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 19771 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 15192 Reading