The recent IRS regulations categorizing DeFi protocols as brokers have sparked a rapid response within the cryptocurrency sector, prompting demands for Congress to annul these regulations. Source link
Autore: wsjcrypto
tl;dr Kintsugi🍵 in progress As November commenced, the Kintsugi🍵 month-long Merge sprint kicked off! Kintsugi specifications and milestones/plans have been published, and now client teams are fully immersed in the sprint with the objective of launching a continuous testnet in the initial week of December. The Kintsugi specifications encapsulate all the insights and minor tweaks from the Amphora interoperability. The Kintsugi November sprint is thus designed to (1) integrate the new changeset and (2) enhance and prepare Merge implementations for deployment. Kintsugi will culminate in the rollout of a stable multi-client testnet to operate throughout the December holidays and provide…
Connect with Frank on X. On a recent episode of the Galaxy Brains podcast, Michael Saylor argued that bitcoin is not a currency and suggested it should be regarded purely as capital.He also indicated that Tether (USDT) and Circle’s USD Coin (USDC) are the genuine digital currencies and disclosed his so-called “evil genius strategy” (his own terminology) aimed at persuading society to adopt U.S. dollar stablecoins instead of bitcoin.In this Take, I’ll reference some of Saylor’s comments from the podcast before explaining why many of his arguments are misguided.Capital, Not Currency“It’s not a currency, it’s capital,” stated Saylor around the midpoint…
As we approach the end of another year, we again embark on a fresh journey to enhance our lives. Before putting the major festivities behind us, let’s embrace optimism and set purposeful goals for the upcoming year. Wrap up 2024 with an appreciative spirit and contemplate how we can simplify and bring more intention to our lives in the new year. Minor enhancements such as fine-tuning habits or designing environments that genuinely reflect your lifestyle can pave the way for a more intelligent and fulfilling 2025. Here, we’ve compiled several tips and innovative home products for the most frequented areas…
Since 2019, we have supported UNICEF’s CryptoFund with ongoing donations, and we are thrilled about our latest contribution as well. Today, I would like to share the narrative of our shared journey, highlight some accomplishments from our alliance, and discuss a bit more about what lies ahead. Why and how we began In a prior blog entry, I described how developing economies present a significant opportunity for Ethereum, and discussed the significance of asking ourselves “who would gain the most from Ethereum?” Individuals living in developing economies indicate billions of potential users and developers for Ethereum. The subsequent inquiry should…
Vivek Ramaswamy’s Strive Asset Management is entering the ETF arena by officially submitting the Strive Bitcoin Bond ETF to the Securities and Exchange Commission (SEC). In a 475A filing made on December 26th, Strive seeks to capitalize on the evolving investment environment that favors Bitcoin, digital currencies, and the blockchain technology. As per the prospectus available on the SEC website, the Strive team aspires to provide investors with access to MicroStrategy’s convertible securities. These securities have gained popularity due to a supportive political climate and the anticipated introduction of favorable cryptocurrency regulations. Strive’s main investment approach involves allocating a minimum…
Although the implementation period for MiCA concludes on December 30, 2024, an additional transitional phase of 18 months exists within MiCA’s overall 36-month schedule. Source link
Ethereum’s shift to proof of stake — The Merge — is approaching: development networks are being established, specifications are being completed, and outreach to the community has commenced in earnest. The Merge aims to have minimal repercussions on how Ethereum functions for end users, smart contracts, and decentralized applications (dapps). Nonetheless, there are a few subtle changes worth noting. Before we jump into those, here are some links to furnish context regarding the overall architecture of The Merge: The remaining sections of this article will presume that the reader is knowledgeable about the aforementioned concepts. For anyone interested in delving…
They claim journalists never genuinely clock out. Yet for Christian, that’s not merely a figure of speech; it’s a way of life. During the day, he maneuvers through the constantly evolving currents of the cryptocurrency market, employing language like an adept editor and producing articles that clarify the technical language for the general public. However, when his computer enters sleep mode, his interests shift towards a more mechanical (and occasionally philosophical) direction. Christian’s adventure with the written word commenced long before Bitcoin emerged. Within the revered corridors of higher education, he refined his skills as a feature writer for his…
DigiPlus Interactive, in collaboration with its prominent brands BingoPlus, ArenaPlus, and GameZone, along with its social development branch BingoPlus Foundation, has teamed up with the Philippine Amusement and Gaming Corporation (PAGCOR) to officially introduce a nationwide responsible gaming initiative. This partnership strengthens DigiPlus’ unwavering pledge to prioritize responsible gaming, ensuring that gaming continues to be an enjoyable and constructive experience. As a hub for reliable entertainment platforms, responsible gaming has always been a core aspect of DigiPlus’ vision. Under its “Pusta de Peligro” initiative – a colloquial allusion to “Petsa de Peligro” – BingoPlus Foundation has led efforts aimed at…