Stories tagged crypto.
Coin Center
Director of Policy Jason Somensatto testified before the House Ways & Means Committee to discuss tax issues facing the users of digital assets today. Some issues discussed were: A de minimus exemption for small day-to-day cryptocurrency transactions The tax treatment of block rewards as new…
Coin Center
A PDF version of this filing is available here. To whom it may concern: Coin Center is an independent nonprofit research and advocacy center focused on the public policy issues facing cryptocurrency technologies such as Bitcoin and Ethereum. Our mission is to build a better understanding of these…
Wiz Research
Wiz CIRT and Wiz Research detail JINX-0164, a threat actor using LinkedIn social engineering, custom macOS malware, and CI/CD hijacking to target cryptocurrency organizations.
Ethereum Foundation / Solana / a16z crypto / Chainalysis
An Ethereum Working Group consisting of wallet developers, security firms and the Ethereum Foundation’s Trillion Dollar Security Initiative today launched an open standard designed to end blind signing — a structural flaw that has contributed to billions in user losses, including the Bybit hack…
Ethereum Foundation / Solana / a16z crypto / Chainalysis
A semi-regular gathering of Ethereum core devs from various client teams, or interop, recently took place in Svalbard, Norway. Over the week-long event, teams focused on hardening and preparation for the next upgrade, Glamsterdam. Several important milestones came out of the week, including: 200M…
The Defiant / DL News / Protos / CryptoSlate
Lord Ranger is a Member of the UK House of Lords and serves as Co-Chair of the All-Party Parliamentary Group (APPG) on Digital Markets and Digital Money.
The Defiant / DL News / Protos / CryptoSlate
Developers behind Solana-based derivatives exchange Drift proposed on Tuesday a recovery plan that would funnel protocol revenue to users who lost money in a devastating April hack. The developers also proposed relaunching the protocol before July “a leaner, perps-native exchange with an emphasis…
The Defiant / DL News / Protos / CryptoSlate
A version of this story appeared in The Decentralised newsletter on May 5. Sign up here. GM, Tim here. Decentralised finance is notorious for being home to some pretty wacky ideas with dubious commercial viability. Yet over the past year, developers have stumbled on one that not only works, but…
The Defiant / DL News / Protos / CryptoSlate
Coinbase just cut 700 jobs. But Wall Street is liking what it sees. Coinbase shares popped as much as 4% early on Tuesday morning after the flagship US crypto exchange announced it was slashing about 14% of its global workforce in a sweeping restructuring that refocuses the company around…
The Defiant / DL News / Protos / CryptoSlate
The digital cooperative governing Uniswap, the biggest decentralised exchange, is voting on a proposal to take back some $42 million worth of governance tokens from delegates. Between 2022 and 2023, Uniswap’s decentralised autonomous organisation, or DAO, loaned out 12.5 million UNI to the…
The Defiant / DL News / Protos / CryptoSlate
Hyperliquid is nibbling away at Kalshi and Polymarket. The decentralised finance exchange processing $6 billion in daily derivatives volume launched its first outcome contracts over the weekend — and the early numbers turned heads, according to Hyunsu Jung, CEO of Hyperion DeFi. Its first Bitcoin…
The Defiant / DL News / Protos / CryptoSlate
Strategy is on a tear. Shares of the world's largest corporate Bitcoin holder have surged more than 50% over the past month, riding the top crypto’s climb past $80,000 as short sellers scramble for the exits and institutional money pours back in. On Monday, MSTR jumped another 4% to nearly $184 per…
The Defiant / DL News / Protos / CryptoSlate
An emergency hearing on Wednesday could determine whether the relatives of a slain minister are entitled to $71 million in crypto that was nearly stolen by North Korean hackers last month. The hearing, scheduled by a federal judge in New York, is part of a fast-moving legal skirmish that has…
The Defiant / DL News / Protos / CryptoSlate
The Clarity Act's odds of passing in 2026 skyrocketed on Friday. Here's why.
The Defiant / DL News / Protos / CryptoSlate
A California-based cannabis vape pen company that says it rewards customers with crypto for using its product is raising alarm among health experts and anti-drug campaigners. Gudtrip advertises itself as building a user-powered network that combines cannabis, Bitcoin, and artificial intelligence…
The Defiant / DL News / Protos / CryptoSlate
Ethereum's core developers have delivered their most significant technical milestone in months, emerging from a week above the Arctic Circle with a credible roadmap to dramatically scale the network's capacity. Last week, just over 100 core contributors gathered in Longyearbyen, on Norway's…
The Defiant / DL News / Protos / CryptoSlate
Bitcoin punched through $80,000 on Monday, up 19% over the past month, as a twin engine of institutional demand and legislative momentum roars back to life. On the first day of May alone, $630 million poured into US spot Bitcoin exchange-traded funds, extending a two-month winning streak that made…
The Defiant / DL News / Protos / CryptoSlate
Crypto companies raised just over $600 million from venture investors in April, DefiLlama data shows. That’s despite the epidemic of “disingenuous innovation” that is plaguing the digital assets industry, Diego Martin, CEO of Yellow Capital, told DL News, referring to grand promises widely made by…
Ethereum Foundation / Solana / a16z crypto / Chainalysis
This past week, just over 100 Ethereum core contributors gathered above the Arctic Circle — in Longyearbyen, Svalbard — for the Soldøgn Interop: a week of intense work on the Glamsterdam network upgrade. Soldøgn followed last year's Berlinterop, but returned to the format used by Amphora 🏺…
The Defiant / DL News / Protos / CryptoSlate
April was a bad time for the crypto industry. Over the past month, 29 crypto projects have suffered hacks or exploits, the highest monthly tally in the industry’s history, per DefiLlama data. Among them were two standouts: The hacks of Solana-based exchange Drift, and Ethereum-based restaking app…
The Defiant / DL News / Protos / CryptoSlate
Bitcoin just got a war upgrade. On Thursday, US Secretary of War Pete Hegseth told Congress that Bitcoin projects inside the Pentagon are “classified and ongoing,” while stressing that the top crypto is a tool for American power. Hegseth delivered the comments in front of the House Armed Services…
The Defiant / DL News / Protos / CryptoSlate
Artificial intelligence is a Sword of Damocles dangling over crypto — but Wall Street isn’t quailing, says Coinbase. Anthropic’s new Claude Mythos AI model is able to exploit security vulnerabilities autonomously and therefore threatens crypto markets, according to a second-quarter outlook by…
The Defiant / DL News / Protos / CryptoSlate
The US Senate voted unanimously to ban prediction market trading among Senators and their staffers on Thursday. The Senate joined several other organisations that have banned employees from trading on the platforms to avoid conflicts of interest. Last week, Illinois Governor JB Pritzker banned…
The Defiant / DL News / Protos / CryptoSlate
A pair of US Senators are demanding answers from Commerce Secretary Howard Lutnick after a recent news report raised questions about his relationship with Tether, the world’s largest stablecoin issuer. A trust benefitting Lutnick’s four children borrowed from Tether in October, just as Lutnick sold…
The Defiant / DL News / Protos / CryptoSlate
MegaETH’s token is off to a shaky start. On Thursday, the layer 2 blockchain, which lists Ethereum co-founder Vitalik Buterin among its early investors, launched its MEGA token, airdropping some 500 million tokens to those who bought them during the project’s October public token sale. The token…
The Defiant / DL News / Protos / CryptoSlate
XRP has a lot going for it. The cryptocurrency is intimately linked to Ripple, the company whose founders developed it, and the venture’s fortunes. But despite Ripple having notched several big wins over the past year, XRP is still trading 62% below its $3.65 record high from July. “XRP is…
The Defiant / DL News / Protos / CryptoSlate
Elizabeth Warren has lashed out against World Liberty Financial over news that the Trump family-run crypto company partnered with a blockchain venture called AB, which has links to a sanctioned criminal syndicate. The Democrat senator’s comments came after The Wall Street Journal reported that two…
The Defiant / DL News / Protos / CryptoSlate
A wallet belonging to Andean Medjedovic, the hacker allegedly behind the Indexed Finance and Kyberswap exploits, is active again after a year-long hiatus. On Wednesday, the wallet sent some $13.5 million worth of Ether tokens to Tornado Cash, a popular tool for laundering stolen crypto, onchain…
The Defiant / DL News / Protos / CryptoSlate
Tokenisation will balloon some 5,600% to be a $2 trillion market by 2028, according to Standard Chartered. At the heart of the forecast is continued expansion in decentralised finance lending via stablecoins, which the British bank views as rails enabling real-world assets such as stocks, bonds…
The Defiant / DL News / Protos / CryptoSlate
Bitcoin stumbled after Jerome Powell’s final presser at the helm of the Federal Reserve on Wednesday, sliding 2% to $75,000 as cracks inside the central bank rattled markets. Traders digested an unusually divided Fed decision to hold rates and the prospect of policy conflict under incoming chair…