Blockchain Association Wants Congress to Eliminate the IRS Defi Regulation
The Blockchain Association and 75 firms are urging Congress to repeal an IRS law that deems DeFi software as brokers. They claim that the law requires needless data collection and may push…
Trump Vows to Become the US Crypto Capital After Ending Biden’s Assault on Bitcoin
Trump has criticized previous regulatory approaches to digital assets and has promised to lead the US to crypto domination.
Summary
• President Trump has ended Joe Biden's anti-Bitcoin and…
Microsoft Revealed a Quantum Chip Powered by a “New State of Matter”
Microsoft's Majorana 1 processor employs topological superconductivity to possibly scale quantum computing to one million qubits.
Summary
• Microsoft has introduced Majorana 1, a quantum…
Ethereum NFT Game Fantasy Top Grows to Monad with Testnet Release
Fantasy Top transforms Crypto Twitter (called X) into a fantasy sports game. It debuted on Ethereum L2 Blast and is now moving to Monad.
Summary
• Fantasy Top, an Ethereum NFT game, is…
Hong Kong Boosts Crypto and AI to Lead Fintech
Hong Kong is actively luring investors with strategic incentives as it strives to establish itself as a worldwide leader in digital finance, notably through the integration of…
BitGo Officially Opens OTC Trading and Is Planning an IPO by the End of 2025
BitGo has announced the debut of its OTC trading desk, and it has begun discussions to determine whether it will issue its IPO by the end of 2025. The well-known cryptocurrency custodian may…
FTX Users Get Payouts Under $50K
FTX customers who have submitted claims under $50,000 are now receiving their funds.
Summary
• FTX users with claims under $50,000 are now receiving their funds.
• Kraken and BitGo,…
Wintermute Opens New York Office for OTC and Derivatives Expansion
Wintermute CEO Evgeny Gaevoy says the company aims to expand in the United States with a new New York office, banking on pro-crypto legislation under the Trump administration.
Summary
•…
Enhancing User Experience: Delta Exchange’s Approach to Simplifying Crypto F&O Trading
Crypto trading in India is growing rapidly. India is expected to have 330 million crypto users by 2028, making it the largest crypto market in the world.
As more people get into…
Musk Attacks Pennsylvania Senator Over D.O.G.E and ‘Alive’ Public Funds
Elon Musk engaged with Senator Fetterman on D.O.G.E's possible IRS data access, turning attention to significant Social Security record mistakes.
Summary
According to SSA data, there…
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