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House Passes Vote to Overturn Biden-Era DeFi Broker Rule
The Bipartisan coalition voted to nullify tax reporting requirements that critics labeled as technically impossible for DeFi platforms.
Published on: March 12, 2025 | Source:
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SEC postpones altcoin ETF decisions but 2025 approval prospects remain strong
The US Securities and Exchange Commission (SEC) delayed various altcoin-based exchange-traded funds (ETFs) on March 11. According to Bloomberg ETF analyst James Seyffart, the approval odds for these ETFs this year are still relatively high. Decisions on Grayscaleβs filings for Dogecoin (DOGE), XRP, Litecoin (LTC), and Cardano (ADA) ETFs were delayed. The SEC also delayed [β¦] The post SEC postpones altcoin ETF decisions...
Published on: March 11, 2025 | Source:Court ruling in Uniswap case sets precedent for DeFi developersβ legal protection
A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that neutral, decentralized software creators should not be held liable for third-party misuse of that technology. According to an article from the DeFi Education Fund, the decision strengthens legal protections for decentralized finance (DeFi) developers and marks a significant [β¦] The post Court ruling in Uniswap case sets...
Published on: March 11, 2025 | Source:Coinbase Receives Greenlight to Offer Crypto Trading in India
Coinbase received its approval roughly two years after it left the market due to regulatory issues and amid encouraging signs for the crypto industry in the country.
Published on: March 11, 2025 | Source:U.S. House Votes to Overturn IRS DeFi Broker Rule
The IRS broker rule would have been impossible to comply with for DeFi entities, one of the resolution's proponents said.
Published on: March 11, 2025 | Source:Bitcoin, XRP and Solana Bounce Back After Crypto Market Bloodbath
Bitcoin and other top crypto assets are rising again after getting hit hard by President Trump's tariff twists and recession fears.
Published on: March 11, 2025 | Source:YouTuber says SEC will recommend dropping lawsuit over 2018 token ICO
Update (March 11 at 9:59 pm UTC): This article has been updated to include a response from the SEC.Ian Balina, the CEO of Token Metrics and a YouTuber with more than 100,000 subscribers, said the US Securities and Exchange Commission will stop pursuing him in court over allegations he violated securities laws by promoting Sparkster (SPRK) tokens in 2018.Speaking to Cointelegraph on March 11, Balina said the SEC had...
Published on: March 11, 2025 | Source:Bitcoin needs sovereign buying or macro clarity to end risk-off sentiment for breakout β StanChart
Standard Chartered head of digital assets research Geoffrey Kendrick believes Bitcoinβs (BTC) recent price action suggests that the flagship crypto may require sovereign accumulation or improved geopolitical clarity to push higher amid the current risk-off market sentiment. In a March 11 research note shared with CryptoSlate, Kendrick highlighted that Bitcoinβs crash this week has brought [β¦] The post Bitcoin needs...
Published on: March 11, 2025 | Source:Americans May Have Missed Out on Billions of Dollars' Worth of Crypto Airdrops: Dragonfly
Geoblocking crypto users from airdrops has left a massive hole in some American users' wallets, according to a new report.
Published on: March 11, 2025 | Source:Bitcoin 'Heading Toward' $73K Amid Macro Headwinds, Meme Coin Swoon: 10X Research
10x Research's Bitcoin report noted parallels between the end of the previous bull market and current conditions, including macroeconomic uncertainty.
Published on: March 11, 2025 | Source:Congress weighs stablecoin framework and rejects CBDC overreach
Lawmakers and industry experts discussed the importance of US dollar-backed stablecoins in the financial system and the urgency of a regulatory framework for these assets during a hearing convened by the US House Committee on Financial Services on March 11. Titled βNavigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences [β¦] The post Congress weighs stablecoin...
Published on: March 11, 2025 | Source:Cboe seeks to add staking to Fidelityβs Ether ETF
Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelityβs Ether exchange-traded fund (ETF), according to a March 11 filing.The filing marks Cboeβs latest attempt to support staking for the Ether (ETH) funds traded on its US exchange.Cboeβs proposed rule change would allow Fidelity Ethereum Fund (FETH) to βstake, or cause to be staked, all or a portion of the Trustβs...
Published on: March 11, 2025 | Source:Texas lawmaker seeks to cap stateβs proposed BTC purchases at $250M
A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.In a bill filed on March 10, Texas Representative Ron Reynolds proposed the stateβs comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund β otherwise known as a βrainy dayβ fund β in Bitcoin (BTC) or other cryptocurrencies. The...
Published on: March 11, 2025 | Source:OKX denies allegations of regulatory investigation and role in laundering stolen funds
OKX has denied claimsthat European regulators are examining its Web3 service for allegedly allowing Bybit hackers to launder $100 million in stolen funds. A recent Bloomberg News report claimed that authorities are analyzing potential violations of the Markets in Crypto-Assets (MiCA) regulation by OKX and are debating whether to impose penalties, including revoking the exchangeβs [β¦] The post OKX denies allegations of...
Published on: March 11, 2025 | Source:What Is βOff the Gridβ? The Buzzy Battle Royale Shooter Built on Avalanche
Off the Grid is playable on PS5, Xbox, and PC in early access, with the Avalanche L1 mainnet launch (and GUN token) expected very soon.
Published on: March 11, 2025 | Source:YouTubers Blackmailed Into Promoting Crypto Mining Malware: Kaspersky
βThis tactic of coercing influencers shows how cybercriminals are evolving,β a security researcher at Kaspersky told Decrypt.
Published on: March 11, 2025 | Source:Cantor Fitzgeraldβs Bitcoin Business to Use Anchorage Digital and Copper
The firms selected by Cantor Fitzgerald are at the forefront in working with traditional financial services firms eager to participate in the crypto space.
Published on: March 11, 2025 | Source:Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC
Senator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing President Donald Trumpβs recent executive order establishing a federal Bitcoin reserve. The BITCOIN Act aims to integrate digital assets into US financial strategy, requiring the Treasury Department to manage the acquisition and secure storage of [β¦] The post Senate, House...
Published on: March 11, 2025 | Source:Bitwise launches Bitcoin corporate treasury ETF
Bitwise has launched an exchange-traded fund (ETF) holding stocks of companies with large Bitcoin (BTC) treasuries, the asset manager said on March 11.The Bitwise Bitcoin Standard Corporations ETF (OWNB) βseeks to track the Bitwise Bitcoin Standard Corporations Index, a new equity index of companies with at least 1,000 bitcoin in their corporate treasuries,β Bitwise said.The ETF is the latest in a flurry of new...
Published on: March 11, 2025 | Source:Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars
The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.
Published on: March 11, 2025 | Source:Ukraine Ceasefire Breakthrough Sends Markets Into Green; Bitcoin Retakes $83K
Also giving a boost was an easing in trade tensions between the U.S. and Canada.
Published on: March 11, 2025 | Source:Dogecoin Down Bad: Elon Musk's Favorite Meme Coin Sheds Post-Election Gains
Dogecoin surged to a three-year high price after President Trump won the election. But those gains are gone as DOGE weathers a tough market.
Published on: March 11, 2025 | Source:Bahrain-Regulated Crypto Exchange Enters $1B Tokenized Gold Market as RWA Demand Grows
Gold-backed tokens have enjoyed a resurgence in activity recently as gold prices hit record highs.
Published on: March 11, 2025 | Source:Trump Doesnβt Plan to Host Another Large-Scale Crypto Summit Any Time Soon: White House
White House official Bo Hines said the Trump admin will likely convene smaller groups of crypto leaders focused on βissue-specific policy areas.β
Published on: March 11, 2025 | Source:AI growth outpaces Mooreβs Law, soaring beyond traditional limits
Research shows that AI computational power has doubled every 3.4 months since 2012, compared to the two-year cycle defined by Mooreβs Law. This accelerated pace breaks from traditional computingβs predictable path. Nvidia CEO Jensen Huang characterized AIβs progression as closer to βMooreβs Law squared.β Practically, AI has advanced approximately 100,000x within a decade, a pace [β¦] The post AI growth outpaces Mooreβs...
Published on: March 11, 2025 | Source:Puerto Rico Resident Defies Bitcoin Seizure Order, Faces $10,000 a Day Fine
The court filing described these transfers as "frenzied," and having taken place with "intuition more accurate than the Oracle at Delphi."
Published on: March 11, 2025 | Source:4 signs that $76.7K Bitcoin is probably the ultimate low
Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index.The stock market correction pushed the index to its lowest level in six months as investors priced in higher odds of a global economic downturn.Despite Bitcoin's 30% drop from its all-time high of $109,350, four key indicators suggest that the correction may be over.Bitcoin bear market needs 40%...
Published on: March 11, 2025 | Source:Paraguay Is Only Waiting for Crypto Law: El Salvadorβs Top Crypto Regulator
βFrom my perspective, Paraguay seems to have the groundwork laid for supervision, regulation, and taxation regimes," said CNAD President Juan Carlos Reyes.
Published on: March 11, 2025 | Source:As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift
In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY and a Wall Street super-lawyer further show a tradfi arrival.
Published on: March 11, 2025 | Source:CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure
CoreWeave announced on March 11 that it had struck a five-year deal worth up to $11.9 billion with OpenAI, the nonprofit research and development company that created ChatGPT. Through the deal, OpenAI will become an investor in CoreWeave through the issuance of $350 million of stock, while CoreWeave will deliver AI infrastructure.The deal comes ahead of the anticipated CoreWeave initial public offering (IPO). According...
Published on: March 11, 2025 | Source:Holesky testnet revival bolsters Ethereumβs Pectra upgrade mission
Holesky, an Ethereum testnet, has regained finality after nearly two weeks of instability. The networkβs disruption had stalled testing for the anticipated Pectra upgrade, delaying progress on the upcoming hard fork. However, with Holesky now operational, EthPandaOps, a group of Ethereum developers, confirmed that validators could resume Pectra testing on the testnet. The developers also [β¦] The post Holesky testnet...
Published on: March 11, 2025 | Source:Ethereum L2 Starknet Seeks 'Bitcoin's DeFi Take-Off Moment' With BTC Wallet Xverse
The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted
Published on: March 11, 2025 | Source:BTC rebounds after Crash, Stock rout Continues, Rate-cut odds surge
BTC hits 4-month low, taps $76k before rebound. Liquidations $1.1bn, follows several huge wipe outs. Fear & Greed index falls to 14, lowest since 2022. ETH hits 16-month lows, underperforms again. Huge ETH liquidation in focus at $1127. Stablecoin market cap hits new ATH. Investors discounting stimulus: Cathie Wood. Trump to sign EO to end Operation Checkpoint 2.0. SEC looking to ease crypto firm registration...
Published on: March 11, 2025 | Source:Sen. Lummis Reintroduces Bitcoin Act, Which Would Allow US to Buy $80 Billion in BTC
The BITCOIN Act would codify President Trumpβs Bitcoin reserve planβbut also take it a step further.
Published on: March 11, 2025 | Source:Robinhood Crypto Trading Falling 29% on Feb. Amid Market Carnage Likely Warning for Coinbase
The decline in retail trading might have affected other exchanges including Coinbase.
Published on: March 11, 2025 | Source: