regulations
New House Bill Targets Crypto Wash Sales, Offers Stablecoin Relief
Reps. Miller and Horsford unveil a bipartisan tax draft swapping a $200 stablecoin exemption for stricter wash sale rules.
Web3
Cryptocurrencies
XRPL Protocol-Level Lending Markets Set for January Vote; XRP Reclaims $1.90
XLS-66d proposes the first native, protocol-level credit market for XRPL, bypassing smart contract risks to court institutional lenders.
Cryptocurrencies
Crypto Whale Loses $50M in USDT Poisoning Attack; Offers $1M Bounty
A trader lost $50M after a 'test send' triggered a poisoning bot, forcing a $1M on-chain bounty offer as funds hit Tornado Cash.
Cryptocurrencies
UNI Surges 11% as Historic ‘Fee Switch’ and 100M Burn Vote Goes Live
UNI jumps 11% as voting begins on the 'UNIfication' proposal to activate the fee switch and burn $577M in tokens.
Cryptocurrencies
VanEck Amends Avalanche ETF: Staking Yields, 0.30% Fee, and Liquid Staking Exposure
VanEck's amended S-1 for ticker VAVX details a 0.30% fee and a 4% staking cut for Coinbase, while opening the door to liquid staking protocols…
Cryptocurrencies
Ethereum Foundation Mandates 128-Bit Security for zkEVMs; ‘Speed Era’ Ends
The Ethereum Foundation declares the 'speed race' over, mandating a strict 128-bit security standard for all zkEVMs by late 2026 to combat deteriorating cryptographic assumptions.
Cryptocurrencies
One Click, $50 Million Gone: Whale Falls for Address Poisoning Scam
A high-net-worth trader lost $50M in USDT after copying a spoofed address from their transaction history, marking one of the year's largest UX-driven thefts.
Cryptocurrencies
Ethereum Leverage Ratio Hits Record 0.611; Markets Primed for “Violent” Flush
Binance ETH leverage hits an all-time high of 0.611 as a $392M whale position sits in the danger zone, signaling extreme liquidation risk.
Cryptocurrencies
Russia’s Central Bank Pivots: Nabiullina Admits Bitcoin Mining Strengthens Ruble
CBR Governor Nabiullina breaks character to acknowledge Bitcoin mining as a key factor in Ruble stability, aligning with the Kremlin's push to classify crypto as…
Cryptocurrencies
SantaStealer Malware Targets Crypto Wallets; React Flaw Amplifies Drainer Risks
Rapid7 details a new $175/month malware toolkit bypassing Chrome encryption, while a separate React vulnerability fuels a surge in front-end wallet drainers.