On January 26, Satoshi ActionFund co-founder Dennis Porter wrote in X that the complete elimination of capital gains taxes on cryptocurrencies requires congressional approval and is unlikely to be achieved in the short term. Dennis Porter believes that the main obstacle is the significant loss of tax revenue, which makes it difficult for such a proposal to be included in the upcoming tax bill.
In response to criticism from security researcher @CloakdDev, Phantom, Solana's on-chain crypto wallet, said a recent vulnerability did not pose a threat to the security of users' funds. In a public statement, Phantom apologized for the delay in communication and reiterated its commitment to security, saying: "We are confident that this vulnerability does not compromise users' funds in any way." However, Phantom did not provide further technical details or a timeline for potential countermeasure...
On January 18th, according to the monitoring of Lookonchain, the crypto KOLBTCdayu earned 6.80 million US dollars on TRUMP today. Today, it spent 6,500 SOL (1.42 million US dollars) to buy 1.01 million TRUMP, and sold 906,000 TRUMP at 25,725 SOL (5.91 million US dollars), still holding 108,000 TRUMP (2.36 million US dollars), with a total profit of 6.80 million US dollars.
On January 18th, Smart Money and crypto KOL 0xsun.sol (@0xSunNFT) said in a social media post that they earned 10 million dollars in 4 hours using a public wallet address on the chain. Welcome to the crypto world. Seize the opportunity. 0xSun's accompanying picture shows that it spent a total of about 3010 SOL to buy TRUMP, and the floating profit was about 45,700 SOL (about 10.50 million US dollars).
Citing people familiar with the matter, Bloomberg reported that crypto derivatives exchange Deribit hired a financial adviser to "review opportunities" after attracting the attention of potential acquirers. The company invited Financial Technology Partners LLC (FT Partners) to participate in the potential deal, and cryptocurrency exchange Kraken has also expressed interest in participating. Bloomberg reported that Kraken is not moving forward with the acquisition and said Deribit could be valued...
The official X account of AI-driven encryption application Sharpe AI has repeatedly mentioned "DeFAI" and marked the time as January 17, 2025, or a corresponding product update will be launched.
John Mbadi, Kenya's finance minister, said the government was working to establish a legal and regulatory framework for cryptocurrencies and had drafted a draft proposal for a "National Policy on Virtual Assets and Virtual Asset Service Providers", which aims to create a fair, competitive and stable market for cryptocurrencies while addressing risks such as money laundering, terrorism financing and consumer protection. The draft proposes to establish a comprehensive legal and regulatory framewor...
BitMEX co-founder Arthur Hayes wrote that he believes the crypto market will peak in mid-to-late March. The Federal Reserve's quantitative tightening (QT) will reduce liquidity by about $180 billion and provide additional liquidity injections of $237 billion as the RRP balance decreases due to the adjustment of the incentive rate. Total net...
According to Scam Sniffer, scammers' means are no longer limited to cryptocurrency KOLs. They are now targeting the legitimate project community with seemingly innocuous invitations. Their new promotional terms: "No need to sign anything or connect your wallet...", "Join now to get real-time updates...". Fake bot accounts to watch out for have been identified: OfficiaISafeguardRobot, SafeguardsAuthenticationBot....
Crypto wallet project Phantom officials posted on social media that Phantom aims to significantly improve the way users find new tokens and apps. The team has seen some speculation about airdrops related to this feature, so to clarify, Phantom does not have any plans to launch tokens.
Changpeng Zhao (CZ) posted on X that I am often asked, what is the next hot thing in the crypto space? Frankly, I don't know. I try to help as many projects as possible and see where they take us. We don't predict trends, we follow them (and try to contribute).
Security researcher Taylor Monahan has revealed that crypto hackers have found a clever new way to trick victims into downloading malicious software that can give hackers access to victims' computers and empty their wallets, or cause other major losses. It said the hackers would first pose as recruiters at a well-known crypto company and offer targets a salary of $200,000 to $350,000. However, the method is not to trick the target into opening a PDF containing malicious software,...
According to ai16z's official push forwarding encrypted KOL and Abstract contributor cygaar (@0xCygaar), the Abstract plugin has been officially merged into ai16z's eliza, and now eliz agents can be required to perform simple ETH or ERC20 token transfers on the Abstract testnet. To use this plugin, you need to include "elizaos/plugin-abstract" in the character file, and more new features will be launched in the future.
Blockchain security monitor Cyvers Alerts said in a post that the total loss of hacking and fraud in the crypto sector exceeded $6 billion, and the overall exploit increased by 40% compared to last year, with access control vulnerabilities dominating and causing 81% of the losses.
On December 23rd, crypto KOL Tay collated data on X to show that multiple flagged North Korean hacker addresses have recently been trading on Hyperliquid, with a total loss of more than $700,000. Many community members are concerned that these trading activities may mean that North Korean hackers have taken Hyperliquid as a potential target and tested system stability by executing transactions.