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a16z Crypto Supports Legal Challenge Against IRS's DeFi Regulations
Regulation & Politics

a16z Crypto Supports Legal Challenge Against IRS's DeFi Regulations

The lawsuit contests new rules that classify DeFi platforms as brokers and urges for clearer policies to protect the sector's growth.
Frax Community Votes on Using BlackRock’s BUIDL as Stablecoin Collateral
DeFi

Frax Community Votes on Using BlackRock’s BUIDL as Stablecoin Collateral

If the proposal is approved, the frxUSD stablecoin will receive backing from Blackrock, Securitize, and Bank of New York Mellon.
Fuel Rolls Out an AI Agent on the Heels of its FUEL Token Launch
Blockchains

Fuel Rolls Out an AI Agent on the Heels of its FUEL Token Launch

Ethereum Layer 2 rollup Fuel Network aims to make it easy to connect existing artificial intelligence agents or create new ones.
Solana Liquid Staking Platform Jito Surpasses $400M in Revenue in Q4
DeFi

Solana Liquid Staking Platform Jito Surpasses $400M in Revenue in Q4

Jito generated record revenue, beating Ethereum's Lido.
Bitget Token Hits All-time High after $5B Burn Announcement
CeFi

Bitget Token Hits All-time High after $5B Burn Announcement

BGB surged as much as 23% to an all-time high of $8.45 before retracing.
Tether Faces Pressure as EU MiCA Compliance Deadline Looms
DeFi

Tether Faces Pressure as EU MiCA Compliance Deadline Looms

The stablecoin could face removal from European exchanges if it fails to comply with MiCA, which aims to standardize EU market rules for crypto assets.
Magic Eden’s Token Rallies As Trading Volume Rebounds to Highest Since August
NFTs & Web3

Magic Eden’s Token Rallies As Trading Volume Rebounds to Highest Since August

ME is climbing as Magic Eden’s trading volume shows signs of recovery after a prolonged downturn.
IRS Demands KYC for DeFi in “Unlawful” Tax Reporting Rule
Regulation & Politics

IRS Demands KYC for DeFi in “Unlawful” Tax Reporting Rule

The U.S. government agency finalized the rule, requiring identification for DeFi front ends in a “dying gasp on its way out of power.”
Singapore Tops Hong Kong in Blockchain Rankings as U.S. Lags
Regulation & Politics

Singapore Tops Hong Kong in Blockchain Rankings as U.S. Lags

Hobbled by regulatory hostility, the U.S. placed fifth in a study of the best jurisdictions for blockchain adoption.
Bitwise and Vivek's Strive Plan Bitcoin Treasury ETFs
TradFi & Fintech

Bitwise and Vivek's Strive Plan Bitcoin Treasury ETFs

Trump government waste-cutter Vivek Ramaswamy’s Strive is MicroStrategy focused, while Bitwise Asset Management looks for the ‘Bitcoin Standard’ of 1,000 BTC.