IRS & Treasury Department Released New Proposal for Crypto Taxes Starting 2026 in the US
https://news.bloombergtax.com/daily-tax-report/crypto-exchanges-to-report-customer-data-under-treasury-proposal
Summary
https://x.com/lex_node/status/1695061496177258731?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
https://news.bloombergtax.com/daily-tax-report/crypto-exchanges-to-report-customer-data-under-treasury-proposal
Summary
https://x.com/lex_node/status/1695061496177258731?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
Bloombergtax
Treasury Aims to Snag Tax Cheats With Crypto Broker Proposal (1)
US-based cryptocurrency exchanges, such as Coinbase Global Inc. and Kraken, would have to disclose detailed information on their clients’ transactions to the IRS starting in 2026 under a new Treasury proposal.
Aerodrome's veVELO snapshot has concluded and will distribute veAERO at launch on Base on Monday.
https://twitter.com/aerodromefi/status/1695164157950075051
https://twitter.com/aerodromefi/status/1695164157950075051
Mantle Network’s Economics Committee Proposal
- $60m USDx, 30k ETH (~$50m), 120m MNT (~$50m) in “liquidity support” for applications
- ecofund invested applications individual allowance up to 10m USDx
- $60m USDx for seeding liquidity for RWA-yield backed stablecoins
- $10m USDx, 5k ETH (~$8m) for liquidity support for third-party bridges
Sources:
- Full Proposal
- Thread
- $60m USDx, 30k ETH (~$50m), 120m MNT (~$50m) in “liquidity support” for applications
- ecofund invested applications individual allowance up to 10m USDx
- $60m USDx for seeding liquidity for RWA-yield backed stablecoins
- $10m USDx, 5k ETH (~$8m) for liquidity support for third-party bridges
Sources:
- Full Proposal
- Thread
Ethena Labs announces partnership with the following:
- Bybit (CEX)
- LidoFinance (ETH LSD Protocol)
- CopperHQ (Custody Solution)
Announcement
Thread about Ethena for Context
- Bybit (CEX)
- LidoFinance (ETH LSD Protocol)
- CopperHQ (Custody Solution)
Announcement
Thread about Ethena for Context
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Pretty cool repository for all things modular
https://modular.4pillars.io/architecture
https://modular.4pillars.io/architecture
modular.4pillars.io
Introduction to Modular Odyssey | Four Pillars
Given the diverse array of Modular blockchain projects available, understanding each architecture is not only advisable, but a fundamental step in choosing the most appropriate project for deployment. This Odyssey will guide you in aligning your choice with…
🔥3
Update on the Wallet Draining Operation from back in April 2023
- Thread (tweet is attached to the original thread for context)
- seems like most victims were users of Last Pass
- Thread (tweet is attached to the original thread for context)
- seems like most victims were users of Last Pass
X (formerly Twitter)
Tay 💖 on X
Aug 2023 Update:
This is NOT a MM or wallet issue (still)
This is NOT a entropy issue (still)
An additional ~$15m has been stolen from approximately 100+ more victims since the April 15th thefts.
Total distinct addresses stolen from: 500++
Total confirmed…
This is NOT a MM or wallet issue (still)
This is NOT a entropy issue (still)
An additional ~$15m has been stolen from approximately 100+ more victims since the April 15th thefts.
Total distinct addresses stolen from: 500++
Total confirmed…
Twitter (X) Acquires Required License to Add Crypto Payments
https://twitter.com/DeItaone/status/1696540985344569753
https://twitter.com/DeItaone/status/1696540985344569753
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Analysis of every single address that has deployed a pool on Uniswap (Ethereum)
- out of >255k liquidity pools deployed by addresses funded by CEXs, more than half were rugged
- multiple deployers identified to have deployed thousands of rugs
https://twitter.com/tannishmango/status/1695696069223424405
- out of >255k liquidity pools deployed by addresses funded by CEXs, more than half were rugged
- multiple deployers identified to have deployed thousands of rugs
https://twitter.com/tannishmango/status/1695696069223424405
- Rollbit's current buyback and burn rate annualized is ~12% of its market cap
- as a reference, apple's buyback yield over the last 3 years is ~4%
https://dune.com/cryptoian/rollbit
- as a reference, apple's buyback yield over the last 3 years is ~4%
https://dune.com/cryptoian/rollbit
X (formerly Twitter)
IAN on X
rollbit's current buyback and burn rate annualized is ~12% of its market cap
as a reference, apple's buyback yield over the last 3 years is ~4%
https://t.co/Ho8BmRhTpj
as a reference, apple's buyback yield over the last 3 years is ~4%
https://t.co/Ho8BmRhTpj
Alliance Alumni Stats (2021-2023)
https://x.com/alliancedao/status/1696626569278636080?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
https://x.com/alliancedao/status/1696626569278636080?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
X (formerly Twitter)
Alliance on X
Due to the sheer number of applications Alliance receives, we have a strong sense of what’s happening in crypto.
We’ve shared this alpha with Demo Day attendees in the past. Today, for the first time, we’re doing it publicly 🧵👇
We’ve shared this alpha with Demo Day attendees in the past. Today, for the first time, we’re doing it publicly 🧵👇
Curve goes live on Base
first 3 pools:
- 3c: USDbC / axlUSDC / crvUSD
- cbeth: ETH / cbETH
- tricrypto: crvUSD / tBTC / ETH
https://x.com/curvefinance/status/1696988969647448170
first 3 pools:
- 3c: USDbC / axlUSDC / crvUSD
- cbeth: ETH / cbETH
- tricrypto: crvUSD / tBTC / ETH
https://x.com/curvefinance/status/1696988969647448170
X (formerly Twitter)
Curve Finance on X
There are 3 pools:
- 3c: USDbC / axlUSDC / crvUSD
- cbeth: ETH / cbETH
- tricrypto: crvUSD / tBTC / ETH
- 3c: USDbC / axlUSDC / crvUSD
- cbeth: ETH / cbETH
- tricrypto: crvUSD / tBTC / ETH
Proposal for Stargate Deployment on Mantle
Deploy the following pools and pathways
- ETH: Mantle, Ethereum, Arbitrum, Optimism, Base
- USDC: Mantle, Ethereum, Avalanche, Arbitrum, Optimism, Polygon, Base
- USDT: Mantle, Ethereum, BNB Chain, Avalanche, Arbitrum, Polygon
https://commonwealth.im/stargatetoken/discussion/12955-proposal-for-stargate-deployment-on-mantle
Deploy the following pools and pathways
- ETH: Mantle, Ethereum, Arbitrum, Optimism, Base
- USDC: Mantle, Ethereum, Avalanche, Arbitrum, Optimism, Polygon, Base
- USDT: Mantle, Ethereum, BNB Chain, Avalanche, Arbitrum, Polygon
https://commonwealth.im/stargatetoken/discussion/12955-proposal-for-stargate-deployment-on-mantle
Common
Discuss, organize, and grow decentralized communities
Chainlink x Swift
Successful test with more than a dozen of the largest financial institutions and market infrastructure providers.
Key results:
• Connected existing Swift infrastructure to multiple blockchains via CCIP
• Facilitated tokenized asset transfers between public and private blockchains
• Executed multiple token transfers across three use cases for on-chain assets
Source
Successful test with more than a dozen of the largest financial institutions and market infrastructure providers.
Key results:
• Connected existing Swift infrastructure to multiple blockchains via CCIP
• Facilitated tokenized asset transfers between public and private blockchains
• Executed multiple token transfers across three use cases for on-chain assets
Source