December, 2024

December, 2024

IRS Demands KYC for DeFi in “Unlawful” Tax Reporting Rule
The U.S. government agency finalized the rule, requiring identification for DeFi front ends in a “dying gasp on its way out of power.”...

Parcl Achieves $100M Daily Trading Volume as Solana's RWA Sector Grows; OpenCover Reports $100M in Transactions
The Real World Assets (RWA) sector on the Solana blockchain is experiencing significant growth, highlighted by Parcl achieving a record high of $100 million in daily trading volume...

Metaplanet Surges 2200% YTD, CEO Simon Gerovich Says Company Is 'Just Getting Started' with 620 Bitcoin Purchases, Totaling 1,762
Metaplanet has emerged as the best-performing stock in Japan for 2024, with a year-to-date increase of 2,200%...

Singapore Tops Hong Kong in Blockchain Rankings as U.S. Lags
Hobbled by regulatory hostility, the U.S. placed fifth in a study of the best jurisdictions for blockchain adoption....

Bitwise and Vivek's Strive Plan Bitcoin Treasury ETFs
Trump government waste-cutter Vivek Ramaswamy’s Strive is MicroStrategy focused, while Bitwise Asset Management looks for the ‘Bitcoin Standard’ of 1,000 BTC....

National Bank of Cambodia Approves Category 1 Stablecoin Services, Prohibits Bitcoin on December 27, 2024
The National Bank of Cambodia (NBC) has approved the use of compliant stablecoin services by commercial banks and payment institutions, while prohibiting unbacked cryptocurrencies such as Bitcoin...

Suilend TVL Surpasses $500 Million after Airdrop
The money market is now the largest DeFi protocol on the Sui blockchain....

Aethir and Injective Partner To Launch Tokenized GPU Marketplace
The marketplace will include features like fractional ownership, composability, and real-time resource trading....

Solana Co-Founder Stephen Akridge Faces Lawsuit from Elisa Rossi Over Millions in Withheld SOL Staking Rewards
Stephen Akridge, a co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over millions in withheld staking rewards from SOL tokens...

Montenegro Approves Extradition of Terra's Do Kwon to U.S. After Appeal Rejected
Montenegro's Minister of Justice, Bojan Božović, has signed a decision approving the extradition of Terraform Labs co-founder Do Kwon to the United States, following the rejection of his appeal to c...

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B&T Television

December