Defi

US IRS Finalizes Controversial Tax Rule Requiring ‘DeFi Brokers’ to Collect User Trading Information

The U.S. Internal Revenue Service has finalized rules requiring certain brokers in decentralized finance to report on gross proceeds in…

1 year ago

Solana DeFi Exchange Jupiter Will Revise Airdrop Plan After Voters Reject $1.6 Billion in Rewards

Solana decentralized exchange (DEX) Jupiter will revise its airdrop plan after a governance proposal did not reach a 70% supermajority,…

1 year ago

NFT Collector “Seedphrase” Just Took Out a $2.75 Million Loan Against One-of-One CryptoPunk NFT

CryptoPunk #8348, a one-of-one CryptoPunk and the only one with seven traits, was loaned for $2.75 million in a historic financing deal…

1 year ago

Sui Partners with Franklin Templeton to Boost DeFi Innovation & Ecosystem Growth

Franklin Templeton Digital Assets has formed a strategic partnership with Sui to support ecosystem builders and deploy new technologies on the…

1 year ago

Kraken Announces ‘Ink’ ETH L2 Blockchain for DeFi

On Oct. 24, U.S. cryptocy exchange Kraken announced the launch of ‘Ink,’ an Ethereum Layer 2 blockchain that aims to be…

1 year ago

Trump-Touted Crypto Website Crashes as Token Sale Goes Live, with Just 1.7% of Target Sold

A new crypto project promoted by U.S. Republican presidential candidate Donald Trump and his family got off to a bumpy…

1 year ago

Trump-Supported World Liberty Financial Will Start Public Token Sale Next Week

World Liberty Financial, the nascent decentralized finance (DeFi) protocol supported by Donald Trump and his family, announced plans to start…

1 year ago

Uniswap Reveals Plans to Launch Ethereum Layer-2 Network Unichain

Leading Ethereum decentralized exchange Uniswap announced plans Thursday to launch its own layer-2 network called Unichain, which will be built on Optimism tech. Uniswap Labs framed…

1 year ago

Solana DeFi Platform Mango Markets Settles SEC Charges Over MNGO Token

The U.S. Securities and Exchange Commission (SEC) announced Friday that it has charged the teams behind the Solana-based DeFi platform Mango Markets—Mango DAO,…

1 year ago

Franklin Templeton, Citigroup Turn to Solana for Blockchain-Based Financial Services

Global financial giants Franklin Templeton and Citigroup have announced have announced plans to adopt the Solana blockchain for their upcoming financial services. Franklin Templeton, a…

1 year ago