The crypto industry has rallied in support of pro-crypto US Senator Cynthia Lummis after she announced she will not seek reelection in 2026. Lummis, who is a vocal advocate for digital assets, played a significant role in US crypto policy discussions over the past few years and earned widespread respect across the crypto industry. Venture…
Crypto activity in Brazil expanded sharply in 2025, with total transaction volume climbing 43% year over year as average investment per user crossed the $1,000 mark, according to a new report from crypto platform Mercado Bitcoin. The report, titled “Raio-X do Investidor em Ativos Digitais 2025,” claimed that the Brazilian crypto market is no longer…
US lawmakers have introduced a discussion draft that would ease the tax burden on everyday crypto users by exempting small stablecoin transactions from capital gains taxes and offering a new deferral option for staking and mining rewards. The proposal, introduced by Representatives Max Miller of Ohio and Steven Horsford of Nevada, seeks to amend the…
The U.K.’s long-promised crypto regulatory regime edged closer to reality this week, as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in Britain. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to take effect in October 2027. For policymakers, the…
Quantum computing and the threat it poses to encrypted blockchains has once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against…
A crypto user lost $50 million in USDT after falling for an address poisoning scam in a massive onchain exploit. The theft, spotted by Web3 security firm Web3 Antivirus, occurred after the user sent a $50 test transaction to confirm the destination address before transferring the rest of the funds. Loading… Within minutes, a scammer…
Ethereum developers, fresh off last month’s successful Fusaka upgrade, which cut down costs for nodes, are already moving full-steam ahead on planning the blockchain’s next major change. Enter “Glamsterdam.” The name is a portmanteau of two simultaneous upgrades taking place on Ethereum’s two core layers. The execution layer, where transaction rules and smart contracts live,…
There were no markup hearings this past week on market structure legislation. Lawmakers are still holding their firm positions close to the vest. The question is changing from “will we get a market structure law this year” to “will Congress have enough time to push this bill across the finish line?” You’re reading State of…
A debate on X over whether Fundstrat analysts are sending mixed signals on bitcoin intensified over the weekend, prompting a response from the firm’s co-founder, , that appeared to endorse a more nuanced explanation of the differing views. The discussion began after an X user known as “Heisenberg” (@Mr_Derivatives) screenshots that he said showed contrasting…
Uniswap’s UNI token rallied about 19% over the past 24 hours as on-chain voting began on a major governance proposal that would activate protocol fees and introduce a long-discussed UNI burn mechanism. UNI began climbing shortly after the voting period opened at 03:50 UTC on Dec. 20, according to Uniswap governance data. A one-day UNI-USD…
