Treasury and IRS finish broker rules for DeFi, require KYC from protocols

[ad_1] The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to digital assets services providers, which includes provisions on requiring... Read more »

Ore protocol’s V2 drives 14% of Solana network transactions

[ad_1] Ore, a Bitcoin-like mining protocol on the Solana blockchain, accounts for about 14% of the network’s total transactions, according to Top Ledger data. Since launching its updated Version 2 (V2) on... Read more »

DeFi protocols Sonne Finance and ALEX Lab lose over $24 million in separate hacks

[ad_1] At least two DeFi projects were targeted by significant exploits in the early hours of today, resulting in millions of dollars in losses. Sonne Finance exploited Decentralized liquidity provider Sonne Finance... Read more »