Happy Friday! In today's daily, the U.S. Internal Revenue Service finalizes tax rules requiring DeFi brokers to collect user trading details, the Montenegro justice minister signs former Terraform ...
US IRS finalizes controversial tax rule requiring 'DeFi brokers' to collect user trading information
The finalized rule would mean that “DeFi brokers” will follow the same rules as brokers that handle securities, the U.S. Treasury said on Friday. The rulemaking has drawn criticism from crypto ...
Montenegro’s minister of justice signs off on Terra co-founder Do Kwon’s extradition to the U.S. This comes after the Supreme Court delegated the extradition decision to the justice minister following ...
Hemi Labs CEO Jeff Garzik sheds light on Hemi’s “proof of proof” security model and his vision for a multi-chain future. Episode 79 of Season 6 of The Scoop was recorded with The Block's Frank ...
Ethereum NFT trading volume surged to $186 million last week, a 67% increase from the previous week. The following is an excerpt from The Block’s Data and Insights newsletter. Ethereum NFT trading ...
Bitcoin holds steady above $96,000 as ETF inflows highlight growing institutional confidence in the digital asset sector, analysts said. Investors are turning to crypto-AI and DeFi tokens like HYPE ...
Crypto exchange Bitget is burning 800 million of the exchange’s native BGB tokens. The exchange will also introduce quarterly burns based on exchange profits. Crypto exchange Bitget released plans to ...
Jupiter plans to expand its token distribution with an airdrop event in January. It will distribute 700 million tokens ($580 million) to users, stakers and contributors. Jupiter, the largest ...
Crypto-focused asset managers Bitwise and Strive Financial, which was co-founded by Vivek Ramaswamy, have both filed to create new ETFs that invest in companies with significant Bitcoin treasuries, ...
Ethereum co-founder Vitalik Buterin has donated over $293,000 to a Thai zoo to “adopt” Moo Deng, the pygmy hippopotamus that achieved viral fame in 2024. Buterin said he made the donation in ...
After his young daughter, Mira, was diagnosed with a type of rare brain tumor, tech CEO Siqi Chen turned to X with a heartfelt plea for donations to support a lab’s research into the condition. A Pump ...
The network’s total value locked has grown to exceed $3.5 billion. The following is an excerpt from The Block’s Data and Insights newsletter. There’s one project that refuses to let up. Base's ...
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