The European Union’s new crypto tax reporting regime under DAC8 is intentionally focused on enforceable targets, leaving decentralized finance (DeFi) outside its scope for now. Colby Mangels, a former adviser to the Organisation for Economic […]
US prosecutors will not retry their wire fraud and money laundering case against a former manager at the nonfungible token platform OpenSea, following a federal appeals court’s July reversal of the convictions. On Wednesday, prosecutors […]
Key takeaways: HYPE surged 60% to $34.90, fueled by institutional investor accumulation from Hyperliquid Strategies and reduced selling after staking unlocks. Bearish liquidations exceeding $20 million and ARK Invest’s bullish report fueled speculation despite flat […]
Social NFT marketplace Rodeo has become the second NFT platform this week to announce its closure amid a tough market climate for nonfungible tokens. Rodeo launched via Apple’s iOS store in March last year and […]
Valour, the UK subsidiary of digital asset company DeFi Technologies, has secured regulatory approval to offer crypto exchange-traded products to retail investors on the London Stock Exchange. In a Monday notice, DeFi Technologies said the […]
Nifty Gateway, one of the earliest and most recognizable NFT marketplaces, is set to shut down operations next month, marking another high-profile exit amid the sector’s prolonged downturn. “Today, we are announcing that the Nifty […]
Onchain derivatives platform Paradex refunded $650,000 to about 200 users after a maintenance-related software error triggered unintended liquidations across multiple markets. According to a Friday post-mortem shared on X by Paradex, the incident occurred during […]
Merkle plans to return the full $180M raised to investors, framing the move as responsible capital management. Farcaster co-founder Dan Romero said on January 22 that the decentralized social protocol is not shutting down, […]
Decentralized finance (DeFi) protocol Aave transferred stewardship of the social infrastructure protocol Lens to Mask Network, shifting responsibility for advancing consumer-facing social applications while retaining Lens as open-source infrastructure. Statements from both Lens and Aave […]
The US Senate Agriculture Committee, one of two committees in the chamber considering legislation to establish digital asset market structure, is expected to release its text of the bill by the close of business on […]
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