A naukri.com initiative
DeFi News
Hackernoon
2w
265
Image Credit: Hackernoon
Bitcoin's Surge Can Be A Game Changer For Altcoins
- Bitcoin's surge is predicted to have a positive impact on altcoins like Coldware (COLD).
- Coldware (COLD), with its mobile-first Web3 approach, could capitalize on Bitcoin's momentum.
- The focus on mobile accessibility positions Coldware as a major player in the cryptocurrency space.
- If Bitcoin experiences a surge, Coldware is likely to benefit from increased market demand and adoption.
Read Full Article
16 Likes
Crypto-News-Flash
2w
148
Image Credit: Crypto-News-Flash
US House Votes Against IRS DeFi Rule While Stablecoin Framework Develops
- The US House voted to repeal the IRS DeFi broker rule, preventing strict data collection on decentralized finance platforms.
- Lawmakers also focused on stablecoin regulations, discussing the STABLE Act and stricter oversight for foreign stablecoin issuers under the GENIUS Act.
- The IRS DeFi broker rule, classified DeFi platforms and crypto entities as brokers, which would have required detailed reporting of user transactions for taxation.
- The US House dismantled the IRS regulation, while the Financial Services Committee discussed the STABLE Act and the GENIUS Act to regulate stablecoins and promote financial access.
Read Full Article
8 Likes
TronWeekly
2w
357
Image Credit: TronWeekly
US House Moves to Repeal IRS DeFi Broker Rule in Key Vote
- The US House of Representatives voted to repeal the IRS DeFi broker rule.
- Lawmakers argued that the rule placed excessive burdens on DeFi platforms.
- The resolution passed with bipartisan support, with 76 Democrats joining Republicans.
- The resolution will now proceed to the Senate for a final vote.
Read Full Article
21 Likes
TronWeekly
2w
213
Image Credit: TronWeekly
DeFi: Congress Crushes Controversial Crypto Broker Rule
- The US Congress has overturned the Biden administration's 'broker' rule in a bipartisan vote.
- This rule was heavily criticized for misunderstanding DeFi and threatening innovation.
- The decision is a significant win for the crypto industry and a positive signal for crypto regulation.
- The vote is a step forward, but a final vote is still required in the Senate before the resolution reaches Donald Trump's desk.
Read Full Article
12 Likes
TheNewsCrypto
2w
187
Image Credit: TheNewsCrypto
U.S. House Votes to Overturn IRS Rule on DeFi Platforms
- The U.S. House of Representatives has voted with a clear majority to reverse IRS regulations that define crypto entities and DeFi platforms as brokers.
- The DeFi community strongly supports the repeal of this IRS rule due to fears of its negative impact on U.S. innovation and privacy.
- The rule, which requires DeFi platforms to gather tax information like traditional brokers, could lead to U.S. companies moving overseas to avoid compliance burdens.
- Industry groups challenged the IRS rule, arguing that it would stifle DeFi innovation and create an unprecedented compliance burden.
Read Full Article
11 Likes
Livebitcoinnews
3w
4
Image Credit: Livebitcoinnews
Alchemy Pay Partners with Ledger for Easier Crypto Payments
- Alchemy Pay has partnered with Ledger to improve crypto payments.
- Ledger Live now supports Alchemy Pay’s On & Off-Ramp service.
- The partnership boosts security and accessibility for global crypto users.
- Users can conduct crypto trading within Ledger Live through Alchemy Pay's integration.
Read Full Article
Like
Bitcoinist
3w
83
Image Credit: Bitcoinist
Acting SEC Chair Uyeda Challenges Proposed Rule On Crypto Trading Venues
- Acting SEC Chair Mark Uyeda plans to revise a proposed rule on crypto trading venues.
- The original proposal faced opposition from major players like Coinbase.
- Uyeda believes the SEC made a misstep by equating regulation of Treasury markets with oversight of the crypto market.
- Crypto market experiences price declines amid broader economic concerns related to President Trump's tariff policies.
Read Full Article
4 Likes
TechBullion
3w
345
Image Credit: TechBullion
What is an Airdrop Collection Token? Skyren DAO Explains the Future of Crypto Rewards
- Skyren DAO has introduced the Airdrop Collection Token (ACT) to simplify and automate the process of participating in airdrops.
- ACT allows users to qualify for verified airdrops from reputable projects automatically, eliminating the need for manual tracking and participation.
- The multi-chain capabilities of ACT provide users with a wider range of airdrop opportunities, potentially leading to greater rewards.
- Skyren DAO prioritizes security, transparency, and community empowerment by conducting rigorous audits, implementing KYC verification, and offering a decentralized governance model.
Read Full Article
20 Likes
Hackernoon
3w
236
Image Credit: Hackernoon
Crypto Prices Are Chaos, But Maybe That’s a Feature, Not a Bug
- The foundation of trading is based on the dynamics between supply vs demand and pricing.
- Prices are determined through trial and error and feedback from consumers.
- Crypto transactions have made commerce borderless and markets timeless.
- The open and digital nature of crypto enables rapid experimentation and iteration for building pricing markets.
- Crypto's chaos has led to undesirable outcomes like PumpFun, but it has also revolutionized markets.
- PumpFun has created a mechanism for launching new assets and tokens efficiently.
- Auctions play a crucial role in price discovery and negotiation in various markets.
- Auctions like English, Penny, Dutch, and Vickrey, have different models to fulfill unique purposes.
- Auctions have been instrumental in the experimentation and development of markets in the crypto industry.
- Volatility in crypto markets is driven by the relative and evolving nature of prices.
- To achieve the promise of blockchain and crypto, more experimentation and novel mechanisms are needed.
- As commerce evolves in a digital world, novel market mechanisms are essential for establishing fair prices.
- Building and experimenting with new market mechanisms is essential for the future of blockchain and value transacting.
Read Full Article
14 Likes
TronWeekly
3w
227
Image Credit: TronWeekly
DeFi TVL Drops by $45 Billion, Ethereum Struggles to Maintain Momentum
- DeFi TVL fell from $138B to $92.6B, erasing all gains since Trump’s election.
- Ethereum's TVL dropped by $30.6B, struggling despite Bitcoin's record surge.
- Pectra upgrade aims to improve Ethereum's efficiency but faces technical setbacks.
- Decline in DeFi TVL raises doubts about the sustainability of decentralized financial assets.
Read Full Article
13 Likes
Global Fintech Series
3w
131
Image Credit: Global Fintech Series
fija Strengthens DeFi Security with Multiple Smart Contract Audits from softstack
- fija partnered with softstack for multiple security audits to strengthen DeFi security.
- softstack conducted audits of fija's Vault, Curve, GMX, and Aave strategies and identified 50+ vulnerabilities.
- All vulnerabilities were resolved and no critical risks were found.
- fija reinforced its commitment to security, transparency, and user protection by addressing vulnerabilities proactively.
Read Full Article
7 Likes
Cryptonews
3w
280
Image Credit: Cryptonews
SEC Reboots Crypto Policy: Shifts Stance on Firm Registration and Eases Market Regulation
- The SEC is reconsidering a 2022 proposal that classified certain DeFi exchanges as ‘Alternative Trading Systems’.
- The SEC is looking at ways to eliminate the proposal and examine purpose-built legislation for the digital asset sector.
- The SEC's attempt to regulate decentralised exchanges faced strong opposition from the crypto industry.
- The SEC is making broader strides toward easing crypto regulation and improving its relationship with the digital asset industry.
Read Full Article
16 Likes
Hackernoon
3w
433
Image Credit: Hackernoon
Meet New Web3 Mobile Competitor in the Market: Coldware
- Coldware (COLD) is gaining attention with its presale and attracting investors looking for stable blockchain projects.
- Pi Network (PI) struggles to establish itself in the competitive cryptocurrency world.
- Coldware's focus on Web3 mobile solutions and real-world asset tokenization sets it apart.
- Pi Network faces uncertainties due to regulatory hurdles and lack of clarity on listing.
Read Full Article
26 Likes
Medium
3w
26
Image Credit: Medium
STON.fi Grant Program Welcomes StartON Launchpad and Gifties
- StartON Launchpad, integrated with STON.fi's decentralized exchange, offers a community-focused service for streamlining token launches.
- Gifties, a Telegram-based mini-app, has integrated STON.fi's SDK to support STON and other tokens, enabling users to send digital gifts with ease.
- STON.fi's Grant Program offers funding, support, and growth opportunities for developers and startups in the DeFi space.
- Applications are open for the next round of grants. Join the STON.fi ecosystem and redefine DeFi's future.
Read Full Article
1 Like
Hackernoon
3w
430
Image Credit: Hackernoon
Coldware (COLD): Transformative PayFi Ecosystem Poised for Growth
- Coldware (COLD) is a blockchain protocol with a transformative PayFi ecosystem.
- It aims to deliver real-world applications and seamless blockchain-based mobile financial solutions.
- Pi Network (PI) stands out with mobile mining and potential for speculative gains.
- Both projects have the potential to generate significant wealth.
Read Full Article
25 Likes
For uninterrupted reading, download the app