Regulate DeFi? Kill Crypto? New Tax Bill Waits for Biden’s Approval
November 8, 2021
New regulatory shocks in the crypto market! The U.S. congress has passed the infrastructure bill – including the tightening of tax filing requirements for crypto
New regulatory shocks in the crypto market! The U.S. congress has passed the infrastructure bill – including the tightening of tax filing requirements for crypto
Shiba Inu Coin (SHIB) is the latest market hit! The ‘Doge Killer’ Coin is now ranking among the world’s top 20 cryptocurrencies by market cap.
SEC chairman Gary Gensler announced the cryptocurrency regulatory framework will cover stablecoins, exchanges, and almost all decentralized exchange (DEX) platforms! The SEC will not ban
An infighting breaks out in DeFi ‘Blue Chip’ SushiSwap! Lately, an attacker – who reportedly is Sushi’s core developer – has hacked SushiSwap’s token issuance
Solana, a rival blockchain network to Ethereum (ETH), went down on the evening of Tuesday (Hong Kong Time). Production of new blocks on the Solana
The US Securities and Exchange Commission (SEC) plans to regulate US-listed Coinbase’s yield lending product. It will sue the crypto exchange if Coinbase launches the
Mobile-first crypto payment platform Celo launches $100 million in funding to make DeFi accessible. Major Ethereum DeFi protocols: Aave, Curve, Sushi, Chainlink, The Graph and
Japanese cryptocurrency exchange Liquid announces it was hit by hackers in a theft. The market expects the loss of the crypto hack to about $97
Crypto billionaire Sam Bankman-Fried (SBF) invests in MobileCoin, a crypto advised by privacy messaging app Signal’s founder, Moxie Marlinspike. The CEO of crypto exchange FTX
Cross-chain DeFi platform Poly Network was attacked, with the hacker draining about $600 million in Ethereum and other tokens. Unexpectedly, hackers are returning almost half
Cryptocurrency exchange giant Coinbase reports a jump in quarterly trading volumes and transaction revenue, with its earnings topping Wall Street forecasts. But Coinbase stock’s price
The USDC stablecoin giant Circle plans to become a “national digital currency bank”. Circle will operate under the supervision of the Federal Reserve, and various
The U.S. Senate is about to vote on the Biden administration’s infrastructure bill. The bipartisan infrastructure plan may introduce ‘disastrous’ changes to the cryptocurrency regulation,
Uniswap is reportedly exploring tie-ups with large financial institutions such as PayPal, Robinhood, E*Trade, Stripe and Paxos. The largest decentralized exchange on Ethereum is said
Elon Musk confirmed he personally owns Bitcoin (BTC), Ether (ETH) and Dogecoin (DOGE). This is likely the first time Musk reveals his private holdings in
Crypto derivatives exchange FTX has raised money at an $18 billion valuation. Investors included SoftBank Group, Coinbase Ventures, Sequoia Capital, the Paul Tudor Jones family,
Cross-chain crypto trading platform ThorChain suffered an attack that drained about 4,000 Ether (ETH). ThorChain has halted the network to deal with the hack, which
Shortly after earning approval for a $20 million grant in UNI tokens, the team behind the DeFi Education Fund quickly sold $10 million. The sale
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