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Why the IRS draft update for gambling tax reporting matters

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2026 Layer 1 Outlook
Against a backdrop of broadly weak token performance in 2025, Layer 1 (L1) activity increasingly split across distinct roles and narratives. Speculative flows concentrated on a handful of high-through...

Best and worst performing crypto stocks of 2025: BitMine, IREN and Robinhood lead as Strategy struggles
Overall, the S&P 500 rose nearly 20% year-to-date while the price of bitcoin dropped around 4% in the same period....

Spot bitcoin, ether ETFs see outflows amid Christmas holiday derisking
US spot bitcoin ETFs posted $188.6 million in net outflows on Tuesday, marking their fourth straight day of negative flows....

Polymarket cites third-party vulnerability in recent user account hack
While Polymarket did not name the third-party provider, some users speculated on social media that the vulnerability is linked to Magic Labs....

SEC charges $14 million crypto investment scam targeting social media users
The SEC charged three purported crypto trading platforms and four investment clubs with allegedly defrauding investors of over $14 million....

Russia considers relaxed crypto rules allowing non-qualified investors to buy tokens
Non-qualified investors would be allowed to trade no more than 300,000 rubles annually per licensed intermediary....

Crypto.com hiring quant trader for sports event prediction market making in the US
The posting suggests Crypto.com is looking to beef up its in-house pricing and liquidity for sports contracts as prediction market volumes grow into the billions....

ETF data shows Bitcoin dominance held firm in 2025 as Ethereum gradually gained share
The $31 billion in combined flows to Bitcoin and Ethereum ETFs during 2025 demonstrates substantial institutional demand....

Former FTX US president raises $35 million for traditional-asset perpetuals exchange: The Information
AX allows institutional investors to trade non-expiring derivatives linked to assets such as equities and foreign exchange....

2026 Layer 2 Outlook
2025 has been the year that the Layer 2 narrative bifurcated: most new launches have become ghost towns shortly after airdrop farming cycles, while only a small handful of L2s have managed to escape t...