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.
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Stairway to Scarcity: Bitcoin Sentiment to Rise Despite Halving Impact
With Bitcoin’s (BTC) fourth halving just four days away, members of the global crypto community are eager to see how the event pans out monetarily for the flagship crypto asset. Historically speaking, the halving has almost always had a positive impact on Bitcoin’s price, but this time around, many experts believe that any potential value…

Bitcoin block 800,000 mined — What’s next?
The Bitcoin network has mined block 800,000, with just 40,000 left to mine before the network’s next mining reward halving.The 800,000th block contained 3721 transactions at 1.64 megabytes, with the price of Bitcoin (BTC) trading at $29,815 on July 24, as market researcher Dylan LeClair noted on Twitter:#Bitcoin block 800,000. pic.twitter.com/Yw9c6klqbY— Dylan LeClair (@DylanLeClair_) July 24,…

Bison Trails Adds Support for NEAR Blockchain Protocol
Libra association member Bison Trails aims to offer users the opportunity to participate in the NEAR network. 2457 Total views 42 Total shares Blockchain infrastructure-as-a-service company Bison Trails has announced support for NEAR, which is designed to power Open Finance and the Open Web.According to the announcement, NEAR’s smart contract platform is focused on strengthening…

Bavarian Government to Issue Blockchain-Based Training Certificates
The Chamber of Industry and Commerce of Munich and Upper Bavaria, Germany, will issue its first blockchain-enabled training certificates next spring in cooperation with the Digital Ministry. In the future, employers will be able to determine whether the certificates are genuine with the help of an electronic key. Authentication Stamp “Made in Bavaria”According to a press…

Andreas Antonopoulos Slams Intuit After Payments Block for Crypto Use
American financial software company Intuit has apparently limited the account of one of the cryptocurrency industry’s best-known figures, Andreas Antonopoulos. In a series of tweets on Dec. 4, Antonopoulos stated that Intuit had prevented him from accepting credit card payments via its accounting services due to his use of cryptocurrency. According to Antonopoulos, who undertakes regular international…

Switzerland’s top online retailer completes transaction with digital franc
The first regulated stablecoin in Switzerland is entering e-commerce. Galaxus, the largest online retailer in Switzerland, could start accepting payments in a stablecoin issued by local cryptocurrency bank Sygnum.According to an Aug. 27 tweet by Sygnum, the companies have just completed an electronic commerce payment using Sygnum Bank’s stablecoin known as Digital Swiss Franc (DCHF).…

Why Pierre Poilievre may not be Canada’s crypto savior
Canada’s potential future PM has endorsed crypto in the past, but industry executives warn it may harm his upcoming campaign.

XRP bulls in ‘denial’ as price trend mirrors previous 75-90% crashes
XRP (XRP) has lost more than 40% since hitting a multi-year high near $3.40 in January, and onchain data suggests the downtrend could deepen in the weeks ahead. “Denial” preceding past 75-90% XRP crashes is back XRP’s Net Unrealized Profit/Loss (NUPL) data from Glassnode suggests the token may be heading for another extended downturn. The