The IRS's new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose between compliance, blocking U.S. users, or fully decentralizing.

Memecoin market capitalization saw a 32% drop in December, with losses reaching $40 billion, highlighting a slowdown in momentum and demand. The market peaked at $137.06 billion before plunging to $92.67 billion, leaving traders assessing the future of meme-based cryptocurrencies.

Following the US elections in November, the crypto community has remained elated as pro-Bitcoin (BTC) and pro-crypto candidate Donald Trump emerged as the US President-elect. During the course of an extensive campaign, Trump voiced clear support for the crypto industry with promises of introducing favorable policies including a national bitcoin reserve if elected.

Bitcoin crossed $100K, marking a bullish year. Still, legal battles, regulatory crackdowns and poor decisions tested the industry.

Hackers have now started to use the popular application LinkedIn to scam unsuspecting cryptocurrency users. With the hackers now migrating their tactics and illegal activities to LinkedIn, it adds to a list of sophisticated attacks across several platforms with the singular aim of stealing people's digital assets.

The future of finance shouldn't involve choosing between centralized convenience and decentralized security. We need to demand both.

The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker' rules issued by the Treasury and the IRS. The coalition asserts that these rules are unconstitutional and represent regulatory overreach by these agencies.

Despite questions over regulation, lingering SEC lawsuits and scores of billion dollar zombie blockchain, bitcoin and the entire crypto market had a roaring comeback in 2024.

Here are the top altcoins under $1 that could make you a millionaire in this bullish rally. Explore these tokens that combine affordability with immense growth potential in the crypto market.

Tay, a well-known blockchain security investigator, has reported on a new social engineering scheme targeting the cryptocurrency industry. She explained that industry workers are at risk, as attackers pose as field executives offering high-paying job opportunities.

US stocks had a year that over-indexed against history for gains. The Nasdaq Composite posted a 33% surge YTD by Christmas Day.

The inclusion of Russia's largest bank in the digital ruble pilot could accelerate the adoption of digital currency, impacting financial systems. The post Russia's largest bank joins digital ruble pilot program appeared first on Crypto Briefing.

The rise of cyberattacks continues to challenge the crypto industry, with hackers constantly refining their tactics. A new wave of scams targeting crypto professionals via LinkedIn has come to light, showcasing the increasing sophistication of these malicious schemes.

The world of cryptocurrency is buzzing with innovation, and for investors, there's never been a better time to explore the Best Altcoins to Invest in This Weekend. As blockchain technology continues to evolve, seasoned and novice investors alike are looking for projects with both immediate profit potential and long-term staying power.

The cryptocurrency market, a space known for its constant evolution, continues to introduce new digital assets at a rapid pace. Among these, meme-based cryptocurrencies have experienced a surge in popularity, driven by their strong connections to internet culture and social media trends.

TL;DR The combination of AI agents with cryptocurrency infrastructures has the potential to transform the digital economy by offering automation and programmable global transactions. The immaturity of the AI agent market and the cultural disconnect with the crypto ecosystem make the seamless integration of these technologies challenging.

The Blockchain Association has launched a lawsuit against the U.S. Internal Revenue Service (IRS) over its latest cryptocurrency regulations. The post Blockchain Association Sues IRS Over New Crypto Regulations appeared first on Cryptonews.

Memecoins surged to as high as $137 billion in December before falling to as low as $92 billion in the same month. The memecoin market lost over $40 billion in December, with traders witnessing massive volatility and shifting opportunities.

As President-elect Donald Trump prepares to take over the White House next year, expectation surrounding David Sacks' role as the United States' crypto czar grows in the cryptocurrency sector. In a conversation with BeInCrypto, industry leaders Ryan Chow of Solv Protocol and Kadan Stadelmann of Komodo expressed their optimism about Sacks' appointment, expecting favorable changes toward a more industry-friendly regulatory environment.

The stablecoin market has just crossed a historic threshold, reaching a total capitalization of over $200 billion. This growth is largely dominated by Tether's USDT, which accounts for $142.9 billion in circulating assets.

A crypto trader says the TOTAL3 market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain "choppy."

The National Bank of Cambodia (NBC) has issued new regulations on crypto-related activities. The directive, dated Dec. 26, mandates that individuals or entities involved in crypto asset transactions, such as fund mobilization, trading, and settlements, must obtain a license from the relevant authorities.

The US IRS is under fire as DeFi Education Fund launches a lawsuit challenging its controversial DeFi broker tax rules, citing threats to innovation and heavy compliance burdens on developers. DeFi Tax Rules Face Lawsuit for Alleged APA Violations New tax regulations that target the DeFi protocol are allegedly in violation of the Administrative Procedure Act (APA), according to the lawsuit filed by the DeFi Education Fund.

The initiative included proactive outreach, with over 30,000 phone calls made and 15,000 alerts issued daily to warn about scams.

The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.

Michael Saylor, the influential CEO of MicroStrategy, has recently shared a groundbreaking vision for the future of the cryptocurrency market, proposing a staggering $280 trillion market capitalization. This ambitious prediction comes as part of a broader proposal aimed at transforming the U.S. into the global leader in digital assets, with Bitcoin at the center of the financial revolution.

Crypto industry advocacy group, the DeFi Education Fund has filed a lawsuit against the US IRS barely 24 hours after it released its controversial tax framework. Despite claims that the agency finalized the regulation months ago, the DeFi Education Fund tagged it a “midnight” rulemaking.

From AI wearables to gaming handhelds, smartphones, and humanoid robots, these crypto and AI devices grabbed our attention in 2024.

Crypto stakeholders are protesting as the U.S. Department of the Treasury and the Internal Revenue Service (IRS) finalize new reporting rules for decentralized finance (DeFi) brokers.

AI-themed meme coins emerged as a popular trend in 2024.

Price trends of the memecoins lined up well with the monthly active addresses on Solana's network.

The controversial rule would go into effect in 2027 and require some DeFi front-ends to collect personal information and trading history from users.

Banks across the United States and Europe are ramping up efforts to issue stablecoins, fueled by evolving regulatory clarity and market demand. The introduction of the EU's Markets in Crypto-Assets Regulation (MiCA) and growing global interest in blockchain-based payment solutions have prompted traditional financial institutions to compete with established crypto firms like Tether Holdings.

Despite skepticism around the NFT sector due to declining hype, 2024's performance stands as the third-highest annual revenue on record.

As Bitcoin reaches record highs, the concept of tokenization—creating digital representations of real-world assets on blockchains—is once again capturing attention in financial and cryptocurrency circles. Long touted as a transformative technology, tokenization has seen both promises of revolutionizing traditional asset markets and periods of slow progress.

AI tokens have seen a nearly 30% decline in market capitalization, despite expectations of a pro-altcoin rally in 2025.

Livestreaming for Pump.fun meme coins was a trend this year that got way out of hand. Here are seven of the worst examples.

The Blockchain Association, DeFi Education Fund, and Texas Blockchain Council jointly filed the legal challenge in the U.S. District Court for the Northern District of Texas.

SlowMist has uncovered a scheme where fake meeting links have led to devastating cryptocurrency thefts.

The NFT market has seen a major downturn as Bitcoin declined 4% over the past week to $94,000 and Ethereum retreated to $3,300.

This past week, the crypto market has seen massive volatility, while traders follow Michael Saylor's advice to take a break.

Weekly investments totaled nearly $120 million. Here's a look at the other notable investments closing out 2024.

There was a good level of optimism in the crypto market heading into the past week, with many investors speculating on a potential “Xmas Rally” for Bitcoin. While the premier cryptocurrency did make a play for the $100,000 mark on Christmas day, it didn't take long for the bears to resume control.

The lawsuit alleges that the IRS' latest rulemaking exceeds the agencies' statutory authority and violates the Administrative Procedure Act.

Economies in Asia and the Middle East are stepping up with tailored rules for digital assets, underscoring crypto's emergence as a truly multipolar industry.

The crypto industry witnessed historic milestones in 2024, from MiCA regulations in Europe to Bitcoin adoption in Latin America and the US eyeing a strategic Bitcoin reserve.

A cryptocurrency analyst and trader is highlighting one large-cap altcoin that he says appears massively bullish. In a new video, the analyst pseudonymously known as Credible Crypto tells his 65,700 YouTube subscribers that payments-focused digital asset XRP has one of the most bullish market structures in crypto based on the charts.