IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO
Uniswap chief legal officer said the IRS DeFi broker rule “absolutely should be challenged,” while a Consensys lawyer argued that the ruling was released on “the last Friday of 2024 in the middle of a holiday stretch on purpose.”
Related Posts
‘This Will and Needs to Be Bitcoin’s Year’ Says Mike Novogratz
With vast swaths of the world markets in virtual lockdown amid the coronavirus pandemic, some predict that the shocks rippling through the global economy in early 2020 may yet come to dwarf the magnitude of the 2008 financial crash.Just as Bitcoin (BTC)’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder…
Battle of the bots: WTF token launch drains 58 ETH
Fees.wtf is a simple service that shows Ether (ETH) users their lifetime spend on Ethereum blockchain transactions by measuring gas. You plug in your wallet address on their website and they tell me how much gas you spent. The project released their token, WTF, in an airdrop Friday at midnight. Essentially, users would be able to…
Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic
A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term.Bitcoin 12-hour USD price at FTX. Source: TradingViewRecent negative remarks from lawmakers continued to curb investor optimism. In an interview with Cointelegraph, Swiss National Bank…
Blockchain tracking sweetens the pay of Ghana’s cocoa farmers
Koa aims to help Ghanian farmers increase their pay while allowing cocoa consumers know exactly where their beans have come from. 133 Total views 13 Total shares Cocoa product startup Koa launched a blockchain-based program this week that improves the transparency of its cocoa supply chain and ensures its Ghanaian farmers are being paid properly.The…
Extreme leverage drove $500 million worth of BTC liquidations in one hour
The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges. 1162 Total views 10 Total shares The Bitcoin markets emphatically rejected the $60,000 price range on March 15, with excessive leverage driving a record $500 million worth of long liquidations over just 60 minutes.Glassnode’s founders, Jan &…
US Financial Services Committee sets date to discuss future of crypto
The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing to address critical issues in the space. 635 Total views 15 Total shares The United States House of Representatives Financial Services Committee has scheduled a hearing on crypto to discuss its future and provide clarity…
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s. Own this piece of history Collect this article as an NFTRecent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi)…
Crypto market faces structural weakness: Binance report
Despite recent improvements, the crypto market remains down 14% from its peak, with new capital inflows slowing and a “Player vs. Player” market emerging.