Crypto News
Injective (INJ)and Aethir Transform GPU Compute Resources with Tokenization
Injective (INJ)and Aethir collaborate to tokenize GPU compute resources, enhancing access and efficiency in AI and blockchain sectors through a novel tradeable token system. (Read More)Source link
Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill
Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical money and proposed a ballot for its final implementation. Brazilian Congresswoman Warns About the End of Physical MoneySource link
OKX Ventures Unveils 2024 Report: Over 60 Projects and 14 Key Trends
OKX Ventures has released its 2024 report, highlighting investments in over 60 projects and predicting 14 key trends shaping the blockchain industry's future. (Read More)Source link
Solana Degens Fund Rare Tumor Research With Memecoin
A distraught father whose daughter has a rare brain tumor was pleasantly surprised by a multimillion-dollar memecoin gift on Christmas day after starting a campaign to raise money for research into a cure for the disease. Multimillion-Dollar Memecoin Christmas Gift Will Fund Clinical Trials Siqi Chen, co-founder of finance platform Runway, wakes up every daySource link
IRS Doubles Down on Immediate Staking Rewards Tax Stance
The U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on a position assumed in 2023 as part of internal guidelines. In a recent filing related to an ongoing lawsuit, the service argues that the rewards generated through staking do not constitute new property and shouldSource link