Trump Admin Throws Weight Behind Bill to Repeal Anti-DeFi IRS Crypto Tax Rule
Trump’s crypto czar David Sacks said Tuesday that the administration “strongly supports” passage of the resolution.
Trump’s crypto czar David Sacks said Tuesday that the administration “strongly supports” passage of the resolution.
All of this comes as data from Nansen flagged that the hackers have “officially emptied their wallet,” going from $1.4 billion to $1,429 in 10 days.
Leading cryptos retreated amid uncertainty around the details of President Trump’s crypto reserve plans and upcoming tariffs.
Prime Minister Phạm Minh Chính has charged the Ministry of Finance and the State Bank of Vietnam with finalizing crypto regulations.
The AI infrastructure provider is eyeing a $35 billion valuation after transforming its crypto mining business six years ago.
Approving multiple smaller assets for Grayscale’s ETFs could help pave the way for an index ETF, a source told Decrypt.
TSMC is doubling its Arizona investments amid geopolitical tensions and the U.S.’s push for semiconductor independence.
Though the SEC hasn’t detailed initiatives, the Task Force’s composition signals focus on blending securities law and crypto frameworks.
Zora, a multi-chain NFT and tokenization protocol, has revealed plans to launch its own token on Ethereum layer-2 Base with an airdrop.
President Trump’s plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.
A Cronos governance proposal seeks to reissue 70 billion burned CRO tokens. Most voters are currently against the plan.
The SEC’s decision to close the case reinforces the view industry proponents held—that NFTs do not fall under existing securities regulations.
President Donald Trump’s influence is being felt in the crypto markets, with coins falling alongside stocks ahead of tariffs taking effect.
The regulator is among a number of federal agencies that have been subject to staffing cuts amid the Trump administration’s drive to cut costs.
Parallel Studios crowned its trading card game champion in Las Vegas while revealing what’s next for the franchise.
The stock price of the firm positioning itself as a leveraged Bitcoin bet has fallen over 40% since November.
Trump names BTC, ETH, SOL, ADA, XRP for reserve. Trump Put’ drives rally, ADA rallies 50%. XRP briefly flips ETH FDV. BTC still rises back to 62% as ETH underperforms. Bears lose $550m in Sunday liquidations. China also planning strategic reserve: Bailey. BTC best option for crypto reserve: Armstrong. Crypto reserve is just words: Hayes. … Read more
After spiking Sunday on President Trump’s crypto reserve posts, Bitcoin and other coins are falling fast amid broader market turmoil.
Kaitlyn Siragusa, a popular online streamer known as Amouranth, said she was targeted by armed crypto thieves that broke into her Texas home.
The first of its kind group will allow pro-industry lawmakers to vote as a bloc on key legislation.
Investigators revealed each victim was tricked into investing a minimum of $610, resulting in a total loss of up to $2.4 million.
The top NFT collections are all green in the last 24 hours.
The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday’s surge.
Crypto exchange Kraken says that the SEC will drop its lawsuit, following similar moves in cases against Coinbase, Robinhood, and more.
“Ownership was not renounced? Now it is,” the ex-footballer tweeted after a cybersecurity firm flagged that tokens could have been burned at will by the creator.
The news of Tether’s delisting comes as the firm appoints a new CFO in a “historic step” towards a full financial audit.
Crypto funds posted their largest weekly outflow on record, while Bitcoin faced its steepest losses as the market recalibrated.
Sacks sold his digital assets before joining the Trump administration, though his venture firm maintains investments in the industry.
Trump’s plan to dilute the Bitcoin reserve with other cryptos has triggered an industry divide between purists and pragmatists.
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