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US lawmakers urge IRS to implement crypto tax reporting requirements before 2026

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The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn’t soon enough.

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Coin Market

Underdog taps zerohash to bring crypto deposits to prediction markets

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The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock.

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Coin Market

Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures

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According to the Central Bank of Ireland, Coinbase Ireland had agreed with the facts around the enforcement action and will be subject to fines and sanctions upon approval by a high court.

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Coin Market

Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition

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According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment abandoned by larger competitors.

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