News

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…

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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…

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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…

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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.…

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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…

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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…

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Hyperliquid fee generation could explode in 2025, expert says

HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next…

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