A 70–28 bipartisan Senate vote repealed the DeFi Broker Rule, initially designed to apply traditional tax reporting to decentralized finance platforms. The rule aimed to enhance transparency in cryptocurrency transactions, aligning with existing tax laws to reduce tax evasion risks. Critics argued

AI-driven startup Octane has secured $6.75 million to enhance blockchain security, focusing on cryptographic vulnerabilities. Octane’s platform utilizes advanced machine learning to analyze blockchain codebases, enabling developers to detect and fix vulnerabilities promptly. CEO Giovanni Vignone aims to revolutionize crypto security norms,

The first leveraged ETF centered around XRP, named 2x Long Daily XRP ETF with ticker XXRP, is launching on NYSE Arca by Teucrium Investment Advisors. This ETF promises a high-risk, high-reward scenario by amplifying XRP’s daily fluctuations, offering doubled gains or losses.

Bitcoin remains dominant in market cap at $1.5 trillion, while XRP aspires to ascend in the cryptocurrency hierarchy. XRP must increase in value 15 times to match Bitcoin’s market cap if Bitcoin’s growth halts. The potential introduction of spot ETFs could boost

Plume’s rise in the blockchain sphere is backed by a major investment from Apollo Global Management. The partnership aims to bridge real-world assets with digital currencies, promising to redefine ownership perceptions through blockchain technology. This strategic move reflects a broader trend in

Cryptocurrency vulnerabilities have led to over $11 billion in losses due to hacking. Current smart contract audits are often inadequate, arriving too late to prevent breaches. Giovanni Vignone founded Octane, a cutting-edge AI platform, to enhance crypto security. Octane secured $6.75 million

Shopify’s innovative strategy positions AI as an essential teammate, potentially surpassing human roles in importance. CEO Tobi Lütke envisions AI as integral to business operations, significantly shifting organizational structures. The company’s approach views AI as a critical infrastructure component, akin to electricity

Dogecoin experienced significant volatility, dropping over 22% before rebounding to an 11% loss from the previous week. Key technical indicators, including a bullish divergence (bull div) and rising Daily Relative Strength Index, suggest potential recovery. Dogecoin tested critical support lines and currently

Binance has integrated Apple Pay and Google Pay through Worldpay, enhancing its fiat onramp ecosystem for seamless cryptocurrency transactions. This integration allows users to easily purchase cryptocurrencies using cards linked to Apple Pay and Google Pay, removing barriers in digital finance. Over