Crypto 2.0

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Hedge Fund Giant Steven Cohen Dives into Crypto with $21M Funding Round in Messari

In the latest sign that Wall Street big shots love crypto, Point72 Ventures, the early-stage investment firm founded by hedge fund billionaire Steven Cohen, has led a $21M funding round in Messari, the crypto market intelligence provider. It is Point72’s first foray into crypto.  Founded in 2018, Messari compiles and analyzes metrics on the ups …

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Crypto Tax Debate On Capitol Hill Signals Big Changes for DeFi

Taxing cryptocurrencies just picked up serious momentum, with potentially serious ramifications for DeFi.  The U.S. Senate’s $1 trillion infrastructure package now under consideration includes a provision that would tax transactions involving Bitcoin and its ilk to raise around $28 billion in funding. That means swapping Ethereum and other DeFi tokens may have to be recorded …

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