US Senate Votes in Favour of Repealing Controversial DeFi Broker Rule
On March 26, the US Senate voted 70-28 to overturn the contentious DeFi broker rule, which sought to broaden tax reporting requirements for businesses in the sector.
SEC Ends Investigation into Immutable
The US Securities and Exchange Commission (SEC) has ended its investigation into the Web3 gaming platform Immutable and will not pursue enforcement charges, as announced by the company on Tuesday.
GameStop Plans to Invest in Bitcoin
On Tuesday, GameStop announced that its board has unanimously approved adding Bitcoin as a treasury reserve asset.
USDC’s Supply Hits an All-time High
The supply of the USD Coin (USDC) stablecoin has surpassed a $60 billion market cap, highlighting its growing adoption.
Whale Buys $200M in Bitcoin
A Bitcoin whale recently added $200 million worth of Bitcoin to its holdings.
Hash Rate Explained
Simply put, hash rate is the speed at which a computer can perform hashing computations, which are necessary for validating transactions (also known as cryptocurrency mining).
Circle to Launch USDC in Japan
Circle has announced the official launch of its US dollar stablecoin (USDC) in Japan.
