DeFi

Trump Repeals IRS Rule Requiring DeFi Platforms to Report Transactions

President Trump has signed a resolution that repeals a DeFi reporting rule to the IRS.The repealed rule would have required decentralized finance platforms to...

EU’s MiCA architect opposes MiCAR 2, cites DeFi regulation challenges

Peter Kerstens, who helped develop Europe's MiCA crypto regulations, questions the need for MiCAR 2, suggesting it's primarily being pushed by the European Central...

ZKLend Hacker Falls Victim to Phishing, Loses Stolen DeFi Millions

A Hacker who stole 3,600 ETH from ZKLend claims to have lost 2,930 ETH to a fake Tornado Cash phishing website.The original theft occurred...

Ethereum DeFi Protocol SIR.trading Loses $355k TVL to Smart Contract Hack

Ethereum DeFi protocol SIR.trading lost its entire $355,000 TVL in a March 30 hack targeting a vulnerability in its contract vault.Security firms identified the...

US Senate Votes to Kill Biden-Era DeFi Tax Reporting Rule

US Senate passed a resolution with a 70-28 vote to repeal the IRS DeFi broker rule targeting crypto reporting.The resolution will next head to...

SEC to Host Four More Crypto Roundtables on Tokenization and DeFi

The SEC's Crypto Task Force will hold four additional roundtable discussions this spring on topics including crypto trading, custody, tokenization, and DeFi.Commissioner Hester Peirce...

Blockdaemon Acquires Expand.Network to Strengthen DeFi Infrastructure Capabilities

Blockdaemon acquires expand.network in its fifth acquisition, enhancing its DeFi infrastructure capabilities. The acquisition provides unified API access to various DeFi protocols including...

Coinbase Launches ‘Verified Pools’ to Reduce Risk in DeFi Trading

Coinbase launches Verified Pools service requiring KYC verification to reduce counterparty risk in DeFi markets.The non-custodial service runs on Base (Coinbase's Ethereum L2 network)...

Latest news

BitMine buys 27,180 ETH, closes in on 5% Ethereum stake

BitMine bought 1 BTC, added 27,180 ETH, and raised its ORBS stake to $98 million. Its total ETH holdings...

Insider buy:sell ratio hits worst of year as AI chiefs sell

US corporate insiders sold $10 worth of stock for every $1 they bought in August, the worst buy:sell ratio...

Bitcoin bottom touched at $59K, analyst says no revisit of lows

CoinMarketCap’s Head of Research suggests Bitcoin's bottom may be in, despite its failure to hold above $80,000.The research head...