EU’s DeFi Tax Gap Won’t Last Forever, Says Ex-OECD Official
The European Union’s new cryptocurrency tax reporting framework is built around what governments can immediately enforce, leaving decentralized finance (DeFi) outside its scope for now.A former Organization for Economic Co-operation and…
Elon Musk’s xAI Recruits Specialists to Train AI Models on Crypto
Elon Musk’s artificial intelligence company xAI is hiring a crypto specialist to help train its AI systems on digital asset markets.According to a newly posted job listing, the company is recruiting a remote “Finance Expert – Crypto” to…
BTC, Gold & Silver Exposed?
Global markets may be entering a new phase of volatility after Goldman Sachs warned that systematic funds could offload tens of billions of dollars in equities in the coming weeks.This wave of selling could ripple into Bitcoin, gold, and…
NFT-My zombie world, now on crypto.com by Nftwall #nft #short #crypto #nftart #digitalart
I am Nftwall. I have multiple NFT collections live on Crypto.com NFT. While I am currently Not Curated, I am working closely towards my goal: to become an official partner and a Curated artist on the platform. Come explore my art and be…
Trend Research Forced to Sell 612K ETH as $958M Leveraged Position Implodes
TLDR:
Trend Research sold 612,452 ETH valued at $1.26 billion over six days to avoid total liquidation.
The firm’s leveraged position peaked at $958 million in borrowed stablecoins backed by 601K ETH.
Only 39,301 ETH worth…
Why Does HYPE Benefit as Market Liquidations Grow Larger?
Hyperliquid (HYPE) has moved against the broader market since the start of the year, supported by several internal and distinctive drivers. Analysts observe that liquidation losses have actually helped push HYPE’s price higher.How long can…
Lighter rallies 13% as retail buys – Why are whales still selling LIT?
Lighter decentralized exchange is challenging established DEXs like Hyperliquid in terms of the volume traded in perpetual futures. Its activity has kept pace with the broader market rebound, with LIT rallying more than 13% in…
CFTC Amends Guidance, Includes National Trust Banks As Stablecoin Issuers
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the…
Aave Shutters Avara Brand and Family Crypto Wallet
Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding.Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company…
Ethereum’s L2 Scaling Story Gets a Rewrite From Vitalik Buterin
Vitalik Buterin is openly challenging long-held assumptions about Ethereum’s layer-two ( L2) strategy, arguing that the original vision for L2s no longer fits a network where the base layer itself is scaling rapidly. Vitalik Buterin Calls…