Libra Meme Coin Wallets Frozen on Solana: Understanding the Latest Development The world of cryptocurrencies is no stranger to controversy and legal battles. Recently, a US court issued a restraining order to freeze stablecoins amid ongoing Libra token litigation. This development has sent shockwaves through the crypto community, especially among investors and enthusiasts of the […]
Felix Capital Is Backing Web3 Natives With New Funds
Felix Capital Is Backing Web3 Natives With New Funds Felix Capital, a renowned venture-capital firm, is making significant waves in the investment world with its newly doubled funds amounting to a substantial $1.2 billion. This financial boost is not just a mere expansion of their resources; it signifies a strategic move towards supporting the innovative […]
Tron surpasses Ethereum in USDT supply
Tron Surpasses Ethereum in USDT Supply In a significant milestone for the Tron blockchain, Tether has recently minted $1 billion USDT on Tron, surpassing Ethereum in authorized supply. This development marks a notable shift in the stablecoin landscape, highlighting Tron’s growing prominence as a preferred platform for USDT transactions. The decision to mint such a […]
Pro-crypto Paul Atkins sworn in as SEC Chair
Pro-crypto Paul Atkins sworn in as SEC Chair Paul Atkins, a seasoned veteran with over 20 years of experience in capital markets, has recently been sworn in as the Chair of the U.S. Securities and Exchange Commission (SEC). His appointment comes at a crucial time when the world of finance is undergoing a rapid transformation, […]
DWF Labs backs Trump-linked DeFi firm with $25 million
DWF Labs Invests $25 Million in Trump-Linked DeFi Firm, WLFI Protocol In a bold move that has sent shockwaves through the decentralized finance (DeFi) community, DWF Labs, a prominent venture capital firm, has announced a staggering investment of $25 million in the WLFI protocol. Launched by none other than the family of former President Donald […]
Trump signs resolution to reverse DeFi tax reporting rule
Trump Signs Resolution to Reverse DeFi Tax Reporting Rule In a significant turn of events for the DeFi industry, former President Donald Trump has signed a resolution to reverse the controversial IRS rule that aimed to enforce crypto tax compliance. The rule, which faced intense backlash from the DeFi sector, particularly due to its technical […]
Tokenised asset market surpasses $50 billion
Tokenised Asset Market Surpasses $50 Billion The world of asset tokenisation has been making waves in the financial industry, with the tokenised asset market recently surpassing a staggering $50 billion. One sector that has particularly benefited from this innovation is real estate. Real estate tokenisation involves the process of digitally representing ownership of properties on […]
Senate votes to overturn IRS rule on DeFi brokers
Senate Votes to Overturn IRS Rule on DeFi Brokers In a pivotal move that could shape the future of decentralized finance (DeFi) in the United States, the Senate has voted to overturn the IRS rule targeting DeFi brokers. This decision marks a significant milestone in efforts to protect and foster innovation within the rapidly expanding […]
Ethereum Foundation announces $2 million for academic research grants
Ethereum Foundation Allocates $2 Million for Academic Research Grants The Ethereum Foundation has recently made a significant announcement that is set to make waves in the academic research community. With a commitment of $2 million, the Foundation is inviting proposals for research grants, with a deadline set for March 16, 2025. This initiative aims to […]
US lawmakers move to repeal crypto tax rule threatening DeFi
US Lawmakers Take Action to Repeal Crypto Tax Rule Threatening DeFi In a significant development for the cryptocurrency industry, US lawmakers have initiated steps to repeal a controversial tax rule that has been looming over decentralized finance (DeFi) transactions. The move comes at a time when the political landscape in the United States is showing […]