Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, and Blockonomi, covering news and reviewing cryptocurrency products and services.
Vitalik Buterin argues that scaling Ethereum’s Layer 1 gas fees by ten times would enhance the network’s efficiency, security, and usability. He highlights the role of L1 in ensuring censorship resistance, smooth Layer 2 mass exits, and stable cross-layer interactions, balancing scalability with decentralization.
The post Vitalik Buterin Advocates for Scaling L1 Gas to Improve Ethereum’s Value appeared first on Cryptonews. …
Ye, formerly Kanye West, is reportedly launching the YZY meme coin with 70% of the supply allocated to himself, aiming to bypass platforms that cut ties with him due to controversial remarks.
The post Rapper Kanye West Reportedly Planning to Launch $YZY Meme Coin appeared first on Cryptonews. …
The IRS has introduced new regulations, effective January 1, 2025, requiring centralized cryptocurrency exchanges to report user transactions through Form 1099-DA. This initiative seeks to improve tax compliance and transparency in the rapidly evolving digital asset industry, impacting both exchanges and investors.
The post Industry Experts Explain Significance of New Crypto Tax Rules in US appeared first on Cryptonews. …