Decrypt

US House Will Consider Repeal of ‘Burdensome’ IRS Crypto Tax Rule

House lawmakers advanced a resolution in committee that aims to prevent the IRS from imposing tax reporting requirements on DeFi projects.Source link

Bitcoin ETFs Just Had Their Worst Day Ever

Bitcoin ETFs are shedding assets as crypto prices plummet amid a looming trade war and other macroeconomic uncertainty.Source link

‘AI Gaming Will Be Massive’: Elon Musk Shares Game Created With Grok, ChatGPT

A novice developer managed to create a flight simulator from scratch via AI tools like Grok, ChatGPT, and Cursor—and Elon Musk loves it.Source link

Bitcoin, Ethereum Fall to Lowest Prices in Months as Liquidations Top $600 Million

Crypto prices are crashing again, with Bitcoin now trading below $84,000 and Ethereum hitting a five-month low price.Source link

We Now Know How Bybit Was Hacked for $1.4 Billion in Ethereum

Cybersecurity experts say that North Korean attackers exploited wallet provider Safe to perform the biggest crypto hack of all time on Bybit.Source link