DeFi proponents to fight US IRS tax code

The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with industry sentiment arguing for different laws for digital assets. Updated rules from the IRS…

MEXC lists XRPL meme coin PHNIX

The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has…

Sonic passes Aave temp check for v3 integration

Sonic, formerly Fantom, has passed the first stage of launching Aave’s third-generation lending protocol on its blockchain. An on-chain temperature check to advance Aave v3 deployment on the newly launched…

Bybit adds TON staking with Tonstakers integration

Crypto exchange Bybit has announced the integration of Tonstakers to bring new staking opportunities to its users. This follows the exchange’s announcement on Dec. 27 that its web3 wallet now…

Lightchain AI: The Dogecoin alternative investors can’t afford to overlook

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin’s legacy faces a challenge as Lightchain AI emerges…

Binance Alpha Lists 8th Batch of 5 Tokens

Key Points Binance Alpha just announced the listing of five more projects including arc, WHY, APU, HAPPY, and FWOG. Some of the coins’ prices surged significantly after listing. Binance’s recently…

Kyrgyzstan crypto mining tax collection falls 50% year-over-year in 2024

A report on the 2024 Kyrgyz government revealed crypto mining taxes contributed only around $535,000. This value dropped by nearly half compared to last year’s crypto mining tax collection. According…

Montenegrin Minister orders Do Kwon’s US extradtion 

Minister of Justice Bojan Božović approved extraditing Terraform Labs founder Do Kwon to the United States. The Montenegrin Justice Minister has signed an order to hand Do Kwon over to…

What is BIO Protocol and How to Earn BIO Tokens via Binance Launchpool

The world of science is undergoing a transformation as blockchain technology opens up new ways to fund and accelerate research. BIO Protocol, the 63rd project on Binance Launchpool, aims to…

National Bank of Cambodia to allow banks to process cryptocurrencies for the first time

The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh…