Trump Supports Reversal of IRS DeFi Rule
The White House supports a resolution to repeal an IRS rule affecting DeFi platforms, aiming to protect privacy and innovation. #Update #Legal (+3) ↗
Defi
Coinbase Supports Ethereum-Based DeFi Altcoin
@Coinbase adds support for DeFi lending protocol Morpho, causing $MORPHO to surge 7.9% to $2.21. #Update #Crypto $MORPHO (+6) ↗
DeFi Bootcamp Prague March 2025
@EVAAProtocol is hosting the TONCzechia DeFi Bootcamp in March 2025 at Brmlab, Prague, featuring project pitches and networking with investors. #Update #Crypto (+3) →
DeFi Projects Primed for Outperformance
@KaikoData reports their DeFi index outperformed $ETH since October 2023, with UNI, AAVE, and ONDO benefiting from regulatory changes. #Update #Crypto $ETH (+5) ↗
Memecoins Triumph: SEC Declares Non-Securities
The US Securities and Exchange Commission clarified that memecoins generally do not qualify as securities under federal laws, impacting their regulatory status. #Update #Legal $MEMECOIN (+3) →
Crypto Legal Battle: Sun SEC Pause
@justinsuntron and the SEC request a pause in their ongoing legal battle concerning crypto ventures, signaling potential resolution efforts. #Update #Legal @justinsuntron (+2) →
IRS DeFi Tax Rule Repeal Advances
The U.S. House Ways and Means Committee voted to reverse the IRS’s DeFi tax rule, moving the resolution to the full House for approval. #Update #Legal $BTC (-4) ↘
Crypto Whale Activity Surges Amid Price Drops
Major whale activity spikes for $DAI, $MATIC, $FLOKI, $USD0, $QNT, $RENDER, $USDC, $UNI, $AAVE, and $WBTC as prices dip significantly. #Update #Crypto $DAI (+4) ↗
Galaxy Digital Hires Ex BlockFi CEO
@GalaxyDigital hires Zac Prince, former BlockFi CEO, as managing director to expand digital assets offerings amid a pivotal transformation era. #Update #Crypto (+7) ↗
Arbitrum DAO Faces Criticism Over Investment
The @Arbitrum DAO’s Growth Management Committee faces criticism for proposing to invest 7,500 ETH in non-native protocols, sparking debate over ecosystem support. #Update #Crypto $ARB (-3) ↘
Crypto Surge: Key DeFi Developments Unleashed
Key DeFi developments suggest a potential altseason surge, with significant activity in decentralized finance and blockchain upgrades signaling increased interest in digital assets. #Update #Crypto $ETH (+4) ↗
DeFi Concerns ConsenSys Challenges SEC Amendment
@ConsenSys urges the U.S. Securities and Exchange Commission (SEC) to withdraw proposed amendments expanding the definition of “exchange” to include DeFi platforms, citing legal overreach concerns. #Update #Legal (+3) ↗
Crypto Industry Challenges IRS DeFi Rule
@BlockchainAssn and major crypto firms urge Congress to repeal IRS’s DeFi broker rule, citing threats to innovation and unfair burdens on U.S. companies. #Update #Legal (+4) ↗
DeFi Milestone MANTRA Secures Dubai License
@MANTRADAO secures a Virtual Asset Service Provider license from Dubai’s VARA, enabling DeFi operations and institutional services in the Middle East. #Update #Legal (+6) ↗