Polygon taking the NFT sales crown from Ethereum for a week? C’mon, let’s face it, that’s a click bait-y headline to end all click bait-y headlines. 22.3 million vs. 19.2 million – a David and Goliath moment in the crypto world. But before we name Polygon king, let’s examine a...
Polygon has shaken up the NFT scene by surpassing Ethereum with a collateral-backed collection of NFTs. Their Courtyard collection, with physical cards backing the NFTs, has brought in enormous sales volume, eclipsing nearly every other NFT project. This story underscores the growing significance of Real-World Asset (RWA) NFTs to the...
DeFi's shackles are off. The recent bipartisan repeal of the digital asset reporting obligations for DeFi brokers, embedded within the Infrastructure Investment and Jobs Act (IIJA), isn't just a minor tweak. It's a seismic shift. It’s analogous to taking the governor off of a really amazing high-performance engine and just...
Alright, so the digital asset reporting requirements for DeFi brokers got a reprieve. Repealed. Poof. President Trump signed off on it. Bipartisan support, they say. Innovation freed from the shackles of regulation! Sounds great, right? Less regulatory burdens, room for innovation, the Old West of Finance can officially exhale. And...
Pursuant to the new legislation signed by President Trump on April 10, 2025, digital asset reporting requirements are eliminated for brokers participating in decentralized finance (DeFi) systems. The legislation rolled into Public Law No. 119-5. In particular, it aims some tough love at Section 80603 of the Infrastructure Investment and...
The space of decentralized finance (DeFi) has undergone an exciting reformation just a few months ago. Congress has done a great job in repealing IRS crypto reporting requirements aimed directly at DeFi platforms. As you might expect, this decision has sent shockwaves across the crypto community. It has fueled an...
The cryptocurrency world is buzzing with the news of a massive new venture: a $3.6 billion Bitcoin investment firm backed by financial heavyweights Cantor Fitzgerald, Tether, and SoftBank. Together, these create a recipe for a dramatic and dangerous shift in the economic future. The lines between traditional finance and the...
Tether Holdings SA, Cantor Fitzgerald and SoftBank Group have partnered to establish a new firm. They are pleased to announce the launch of Twenty One Capital, a fund dedicated to investing in Bitcoin. So far, the venture is on track to be one of the biggest public holders of the...
This isn’t just another headline, it’s a flashing neon sign indicating that the maturation of Bitcoin is upon us. Cantor Fitzgerald, Tether, and SoftBank throwing a combined $3.6 billion into a new Bitcoin investment firm, Twenty One Capital, isn't just news – it's a statement. An indication, perhaps, that the...
Bitcoin’s price is once again nearing the $100,000 threshold, as the crypto market continues to be buoyed by the recent surge. The cryptocurrency surged on Wednesday, pushing the key psychological barrier back within striking distance. This explosion comes after a breakout from a four-month falling wedge pattern earlier in the...