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IRS issues rules on digital asset reporting, says front-ends are brokers

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The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.

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Coin Market

Musk says SpaceX-Tesla merger a ‘good idea’ as AI revenue jumps ninefold

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A merger would bring Tesla into the same corporate group as Grok developer SpaceXAI and social media platform X.

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Coin Market

Qubic restarts blockchain, opens recovery claims after $1.4M hack

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The network’s validators approved a recovery plan and opened claims until May 1, 2027.

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Coin Market

Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops

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The firms are seeking clearer guidance on the classification of crypto assets and secondary-market trading as the SEC’s public comment period comes to a close.

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