House Panel Strikes Down IRS Crypto Rule—DeFi Just Scored a Major Win

A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden Administration’s last-minute “DeFi Broker Rule,” arguing that the … Read more

What’s Really Driving the Decline That Led to the Second-Worst February in Bitcoin History?

Bitcoin is set to close February with a significant 21% drop, making it the second-worst February in cryptocurrency history. The steepest February drop was in 2014, when Bitcoin lost 30% of its value following the collapse of once-dominant exchange Mt. Gox. Bitcoin’s recent decline, which is currently trading just above $80,000 after briefly dropping below … Read more

Will March Redefine Cryptocurrency Trends?

As February draws to a close, the cryptocurrency community braces for a critical March, which is anticipated to bring significant developments influencing various global issues, including customs tariffs, the ongoing Ukraine conflict, and fluctuating interest rates. This pivotal month is expected to play a crucial role in shaping the future of the cryptocurrency landscape. How … Read more

Guru4Invest has completed a major update of its security systems

Guru4Invest has finished a major modernisation of its security mechanisms, making the platform even more reliable. The encryption algorithms used meet the highest standards, ensuring the safety of clients’ data and financial transactions. The platform uses modern technologies that are regularly tested to confirm their effectiveness. The company’s specialists constantly analyse and improve security mechanisms … Read more

US federal court dismisses SEC’s case against Hex founder Richard Heart

Key Takeaways The court dismissed the SEC’s lawsuit against Richard Heart due to lack of personal jurisdiction. The SEC failed to prove that Heart’s crypto transactions qualified as domestic under US securities laws. The US District Court for the Eastern District of New York has dismissed the SEC’s case against Hex founder Richard Schueler — … Read more