Senate Crushes IRS Plan to Force DeFi Apps Into Tax Reporting in Landmark 70-27 Vote
In a stunning 70-27 vote, Senate torpedoes IRS plans to regulate DeFi, uniting Democrats and Republicans against what critics call “technologically impossible” tax reporting demands. The battle continues in the House.
Lazarus Group Launders Ethereum, Walks Away With 6,706 Bitcoin in Brazen Crypto Heist
North Korea-backed Lazarus Group vanished with 6,706 Bitcoin after laundering 401,000 Ethereum in history’s largest crypto theft. Their sophisticated techniques left authorities scrambling while billions disappeared overnight.
Ethereum’s Pectra Upgrade Faces Unexpected Setback as Sepolia Testnet Stumbles
Ethereum’s celebrated Pectra upgrade hits a wall as Sepolia testnet fails unexpectedly. While developers scramble to fix critical contract issues, ETH price oddly climbs amid the chaos. The mainnet launch hangs in the balance.