U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges

The U.S. Treasury Department has finally unveiled its definition of a “broker” for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether decentralized finance platforms and miners will need to gather their users’ personal data.

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

Social platform Friend.tech, which lets holders buy “shares” of people who hold an account on X, formerly known as Twitter, and grants the buyers certain privileges, has surged to more than 100,000 addresses since its Aug. 10 launch according to a database created by Yearn Finance developer @Bantg. The database, listed briefly on GitHub and … Read more

Crypto Wallet Provider Ledger to Let Users Buy Bitcoin, Ether Through PayPal Account

Hardware wallet maker Ledger has partnered with payments giant PayPal to allow users to buy crypto in its Ledger Live app through their PayPal accounts, the companies announced Wednesday. Ledger Live allows users to buy crypto with fiat currency and deposit tokens directly to the hardware wallet. With the integration of PayPal, users will now … Read more