California court dismisses Coinbase user’s IRS challenge over procedural error. New Form 1099-DA crypto reporting requirements take effect for 2025 tax year.
Author: Oli Dale
Oli Dale
Founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More.
Palantir stock drops 1.5% despite Navy ShipOS success reducing submarine planning to minutes. High valuation and competition weigh on PLTR shares.
Algorand Foundation reduces workforce by 25% amid market challenges. ALGO drops 6% to $0.09 despite quarterly transaction growth of 4.7% and rising RWA adoption.
SEC authorizes Nasdaq’s blockchain settlement program for stocks and ETFs, maintaining traditional market rules while introducing tokenized infrastructure.
Coinbase competing for Cloudflare partnership on AI stablecoin payments. Agent-driven commerce projected to reach $3T–$5T market by 2030.
Sandisk stock rises on surging AI-driven flash memory demand, data center expansion, and multi-year supply contracts amid valuation debate.
Bitcoin drops below $71K after Fed holds rates steady at 3.5%-3.75%. Rising oil prices and limited rate cut projections add pressure to crypto markets.
Block has rehired select employees after cutting 4,000+ jobs in February, reducing workforce by 40% amid AI-driven transformation and restructuring.
FTX schedules $2.2B creditor distribution for March 31, pushing total repayments toward $10B. Some claim classes achieve 100% recovery based on 2022 values.
SBI VC Trade unveils Japan’s first licensed USDC lending service with 10% returns, tax benefits, and regulated stablecoin investment opportunities.