Key Takeaways The White House supports a congressional resolution to repeal an IRS rule impacting DeFi platforms. The rule required DeFi participants to report detailed transaction and taxpayer information, causing privacy concerns. Share this article The White House has expressed strong support for a joint resolution to overturn an IRS rule that imposes extensive disclosure…
Just over four years ago, climate-friendly fintech startup Aspiration was on the verge of a $2 billion public listing. Now, one of the startup’s board members has pleaded guilty to wire fraud and one of the co-founders has been arrested for allegedly conspiring to defraud investors, according to a federal criminal complaint filed by the…
The SEC’s new Crypto Task Force is launching roundtables to reshape crypto regulation, starting March 21, as enforcement cases drop and pro-innovation policies take hold. SEC’s Crypto Roundtables Signal Major Policy Shift The U.S. Securities and Exchange Commission (SEC) has announced a series of roundtables to explore key aspects of crypto asset regulation, with the…
Bitcoin is the best-performing asset this century, let alone a successful blockchain project. It started as a fraction of a penny, which early crypto investors only gave to ninth-place eSports teams as a joke to show them how valueless the token was. Now it’s worth $80,000 with targets to reach $200,00 by year’s end. Here’s the…
Image: Nothing Like last year, the London-based independent smartphone company Nothing announced a new model during Mobile World Congress. The Phone (3A) line continues Nothing’s trend of distinct visual design with modernized cameras and an artificial intelligence feature: Essential Space. Two models make up the Phone (3A) line: (3A) and (3A) Pro. The basic (3A)…
After more than two years under regulatory scrutiny, Yuga Labs announced that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking enforcement action. While the agency has not disclosed the specific reasoning behind its decision, the move aligns with a broader shift in the SEC’s approach to…
“Y’all stuck the landing — we’re on the moon.” A Firefly Aerospace mission control engineer confirmed a successful lunar touchdown of its pioneering Blue Ghost robotic spacecraft in the early hours of March 2. It was the first fully successful commercial moon landing, and the company has now released footage of the well-controlled decent into…
As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition. Bitcoin Bitcoin‘s…
El Salvador has increased its Bitcoin reserves, purchasing an additional 1 BTC and bringing its total holdings to 6,101.18 BTC, valued at approximately $527 million. This latest acquisition reinforces President Nayib Bukele‘s ommitment to strengthening the country’s Bitcoin strategy. El Salvador’s National Bitcoin Office confirmed the purchase on March 4 in a post on X….
Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.” According to the Coinbase CEO, Bitcoin comes with…
