IRS doubles down on crypto staking taxes — Report
The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards.
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Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs
Bitcoin’s monthly close could reverse a 6-month-long downtrend and signal traders’ intent to push BTC price to new highs.

Shanghai Man: VeChain on TV, DOGE flips BTC, Hotbit hack, blockchain dev $$$ …
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Will DOGEmania ever stop?Dogecoin has officially flipped Bitcoin in a few categories here in China, with DOGE trading volume on leading Chinese exchange…

Bank of Russia issues consultation paper on digital ruble
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.” 4514 Total views 40 Total shares Russian financial authorities have confirmed the government’s purported plans to issue the central bank digital currency, or CBDC.On Oct. 13, the Bank of Russia released a consultation paper on the…

Japan PM not ready to talk about Bitcoin national reserve: Report
The Japanese Prime Minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve.

We all know the issues with DeFi — but what are the answers?
Decentralized exchanges have indelibly changed the way that cryptocurrencies are traded. But in the grand scheme of things, the technology that’s driving these platforms is relatively young… meaning it’s inevitable that teething problems have emerged.Some of the heavy hitters that dominate the market at present are known as non-orderbook markets. While it’s tantalizing and somewhat…

StabilityAI launches StableLM open-source alternatives to ChatGPT
StabilityAI announced the launch of StableLM, a suite of open-source large language models. 192 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe large language model sector continues to swell as StabilityAI, maker of the popular image-generation tool Stable Diffusion, has launched a suite of open-source language model…

Wonderland’s treasury saga exposes the fragility of DAO projects today
The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy. On Jan. 27, DeFi analyst zachxbt revealed that one of the anonymous co-founders of Wonderland happened to be QuadrigaCX co-founder Michael Patryn, who has been operating under the name of Sifu.QuadrigaCX is…

Load variability is key to AI energy infrastructure — TeraWulf CTO
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.