Tag: Crypto

Trump Pardon BitMEX Co-Founders: Time to Buy Crypto?

President Donald Trump has issued a pardon to BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed by clearing their legal records. This decision also extends to the former crypto exchange employee Gregory Dwyer. The group had previously buy themself in by pleading guilty in 2022 to violating the...
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IRS DeFi Rule Gets Axed—A Major Win For Crypto?

Decentralized finance (DeFi) protocols might no longer report to American tax authorities after the US Senate repealed the IRS “broker” rule. Many analysts believe that US President Donald Trump will issue a resolution in the upcoming weeks adopting the Senate’s legislative action and overturning the Biden-era policy on DeFi...
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These 8 Warren Buffett Quotes Are Rocket Fuel for Bitcoin’s Price Today

Buffett made a name for himself as a modern-day prophet because of the scale of his historically outstanding success with free capital markets. Far away from New York City boiler rooms paralyzed by Wall Street’s echo chambers and groupthink, the Oracle of Omaha ignored newspapers and television news stories....
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Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up...
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