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News
U.S. House weighs two crypto tax bills on Sept. 16
6+ hour, 24+ min ago (933+ words) House tax writers have reportedly scheduled a Sept. 16 review of two bills that could change how U.S. miners, stakers and traders calculate federal taxes. The House Ways and Means Committee plans to consider H.R. 9175 and H.R. 9172 on Wednesday. The committee’s public calendar had…...
Breaking: CLARITY Act Eyes Emergency Meeting Today With Senate Democrats Ahead Sept. 15 Vote
7+ hour, 29+ min ago (58+ words) Cryptonews.net Breaking: CLARITY Act Eyes Emergency Meeting Today With Senate Democrats Ahead Sept. 15 Vote Senate Democrats will meet Sunday amid rising pressure on CLARITY Act. According to people with knowledge of the discussions, Senate Minority Leader Chuck Schumer is…...
Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes
14+ hour, 12+ min ago (1165+ words) In decentralized finance, “audited” is often presented as a verdict on an entire project. In practice, an audit usually covers named code, components and versions at a particular point in time. Anything added, excluded or operated around that boundary may…...
Crypto's Clarity Act is a Schrödinger's cat in life-death limbo as U.S. Senate returns
23+ hour, 27+ min ago (282+ words) Depending on who you hear from, the Digital Asset Market Clarity Act has a real shot at a last-second deal that will catapult it into law. Or no shot at all. It might also reemerge inside another bill. Or be…...
PBoC Shuts Down Beijing-based Software Firm For Facilitating Crypto Transactions
16+ hour, 21+ min ago (314+ words) The Chinese government has shut down a Beijing-based software company suspected of providing its services for virtual currency transactions. According to an official statement issued by the People’s Bank of China (PBoC), the company in question, Beijing Tongdao Cultural Development…...
Chainlink Integrates with 10 New Services Across 4 Chains
13+ hour, 17+ min ago (372+ words) Cryptonews.net Chainlink Integrates with 10 New Services Across 4 Chains Chainlink has recently reported ten new integrations across five different services and four blockchain networks. This update highlights its growing influence in the decentralized finance (DeFi) space. As noted in a…...
Crypto market’s weekly winners and losers – VVV, LSK, ARB, ENA
14+ hour, 11+ min ago (924+ words) This week, crypto shifted into a more defensive setup. Rising Treasury yields, higher oil prices, and growing Fed rate-hike expectations pressured risk assets, pushing Bitcoin below $77k. However, the sell-off was not uniform. Capital continued to flow into utility-based narratives such…...
Stablecoins make sending money easy until someone needs to spend it
21+ hour, 17+ min ago (1346+ words) When you send money to someone abroad, the confirmation on your phone is only your half of the transaction: the other half belongs to the person who has to use it. Their rent may be due in local currency. Their…...
Senate Democrats Hold Last-Minute Meeting Ahead of Crucial Crypto Vote
14+ hour, 11+ min ago (246+ words) Senate Democrats are holding a last-minute caucus meeting on Sunday evening to discuss the Clarity Act ahead of a crucial procedural vote scheduled for Tuesday. Senate Majority Leader Chuck Schumer is convening the meeting as lawmakers continue trying to resolve…...
Malicious bots are actively probing exposed Bitcoin payment servers to steal master administrative keys
14+ hour, 11+ min ago (433+ words) Bitcoin payment processor BTCPay Server has warned that bots are probing exposed Lightning nodes for a potential route to administrative control. The activity follows a separate critical BTCPay vulnerability that attackers exploited a month ago to obtain credentials protecting LND…...