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Blockchain Association sues IRS over digital asset reporting rules: Law Decoded

The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional. Source: https://cointelegraph.com/news/blockchain-association-sues-irs-over-digital-asset-reporting-rules-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Solana Telegram Trading Bot to Shut Down After Users Drained of $523K
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The Year in Solana: A Comeback Story

In a comeback story for the ages, Solana surged from the depths of crypto’s winter in 2022 into the limelight this year, becoming one of the most utilized blockchains for crypto enthusiasts and retail novices alike. “Chewing glass is in our DNA, and we’ll get through together.” Solana co-founder Anatoly Yakovenko posted on Twitter (aka X) during the winter of…

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Hyperliquid rolls out native staking on mainnet

According to data from ASXN, $344 million in HYPE tokens have been staked, representing a total value of over $9 billion as of Dec. 30. Source: https://cointelegraph.com/news/hyperliquid-native-staking-mainnet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Lightchain AI Raises $7M in 30 Days of Presale Testnet Launch Set for This Month
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Lightchain AI Raises $7M in 30 Days of Presale Testnet Launch Set for This Month

PRESS RELEASE. Lightchain Protocol AI (Lightchain AI), the cutting-edge blockchain platform bridging artificial intelligence and blockchain, has reached an impressive milestone. In just 30 days, the company has raised over $7 million in its presale of the Lightchain Token (LCAI), making it one of the top crypto presales currently active. Now in Stage 10 of […] Source: https://news.bitcoin.com/lightchain-ai-raises-7m-in-30-days-of-presale-testnet-launch-set-for-this-month/

Numerology Combined With Strategy? Tether’s Bitcoin Holdings Soar Past 83,000 BTC
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Numerology Combined With Strategy? Tether’s Bitcoin Holdings Soar Past 83,000 BTC

Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million. Blockchain Detectives Spot $772M Bitcoin Transfer to Tether Tether, known for issuing the largest stablecoin by market cap, now holds a […] Source: https://news.bitcoin.com/numerology-combined-with-strategy-tethers-bitcoin-holdings-soar-past-83000-btc/

Michael Saylor Predicts Bitcoin Will Hit $280 Trillion in Market Cap by 2045
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Microstrategy Won’t Stop Buying Bitcoin, Adds Another $209 Million

Make that eight in a row. Microstrategy today announced the purchase of an additional $209 million worth of Bitcoin, its eighth consecutive weekly buy. The cloud computing firm turned “Bitcoin development” company says it paid an average price of $97,837 to acquire 2,138 BTC. That means Microstrategy, already the world’s largest corporate holder of Bitcoin, now owns a total of…

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The Year in Crypto: Binance’s Nigerian Hostage Crisis

In a year of dramatic crypto stories, among the most striking was that of Tigran Gambaryan, a former IRS agent and Binance executive who was detained for eight months in Nigeria on charges of money laundering. Taking in daring escapes, courtroom collapses, and Congressional resolutions, the unfolding saga was akin to a Hollywood movie—but with very real consequences for those…

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