The Blockchain Association has urged Congress to repeal the IRS rule classifying DeFi software as brokers, calling it regulatory overreach.
The post Crypto Industry Mobilizes Against IRS DeFi Broker Reporting Requirement appeared first on Cryptonews. …
Category: Blockchain
EigenLayer, Polymarket, and UMA Join Forces to Develop Next-Gen Oracle System
EigenLayer, Polymarket, and UMA have announced a collaboration to explore and potentially develop a next-generation oracle system.
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AbstractChain Reports Security Breach: Team Confirms Isolated Cardex App Issue
AbstractChain is addressing a security breach traced to the Cardex app due to session key management issues, with engineers urging users to revoke approvals while confirming the AGW remains secure.
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Crypto Exchanges Recorded $19 Trillion in Trading Volume in 2024: Report
Centralized crypto exchanges experienced a remarkable uptick in trading activity, with spot trades reaching almost $19 trillion in 2024. This represents a more than 100% increase from the previous year, although it still falls short of the record-high volumes seen in 2021.
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Kadena Partners With Croatian Football Federation, ERC-20 Fan Token Migrates from Polygon
Kadena and the Croatian Football Federation signed a four-year collaboration, encompassing several massive global football events, including the 2026 FIFA World Cup and 2028 UEFA Euro Cup.
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Elon Musk Backs Blockchain-Driven Transparency in U.S. Treasury Operations
Elon Musk, Head of the newly-created federal agency DOGE, has endorsed putting U.S. Treasury transactions on the blockchain in a bid for transparency.
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IoTeX’s Larry Pang Named Co-Chair of Blockchain Association’s DePIN Working Group
DePINs are gaining prominence as part of the Blockchain Association’s network of 23 specialized working groups focused on key industry sectors.
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Web3 Developers Secure Top-Tier Salaries in 2024: Report
Web3 developers earned some of the highest salaries in tech in 2024, due to their specialized expertise in decentralized application development.
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Thailand’s SEC to Launch Blockchain-Based Trading Platform for Digital Tokens
Thailand’s SEC is set to introduce a blockchain-based trading platform that will allow securities firms to trade digital tokens, marking a significant step in the country’s digital finance evolution.
The post Thailand’s SEC to Launch Blockchain-Based Trading Platform for Digital Tokens appeared first on Cryptonews. …
Elon Musk Eyes Blockchain as Tool to Overhaul Govt Spending Oversight: Report
Billionaire Elon Musk is exploring blockchain at the newly established DOGE to cut government spending and enhance efficiency.
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