Tether’s USDT stablecoin was part of a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023. Read More at https://cointelegraph.com/news/usdt-payments-polish-energy-giants-failed-230m-oil-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
US House crypto tax package omits mining, staking reward deferral
The 114-page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing reward-tax timing unchanged. Read More at https://cointelegraph.com/news/us-house-crypto-tax-bill-mining-staking-reward-deferral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum, Base wallet standards talks fail, Ethlabs researcher says
Ethereum and Base are pursuing different account abstraction designs after talks failed, according to Ethlabs researcher Derek Chiang. Read More at https://cointelegraph.com/news/ethereum-base-wallet-standards-collaboration-breaks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin short-term holders hit 30-day profit streak as bull-market odds improve: CryptoQuant
Bitcoin short-term holders approached a full month in partial profit as analysis saw improving odds of an enduring bullish BTC price reversal. Read More at https://cointelegraph.com/markets/bitcoin-short-term-holders-hit-30-day-profit-streak-as-bull-market-odds-improve-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US seeks $61M in USDT allegedly tied to sanctioned Iranian oil sales
Tether froze $61.19 million across 10 Tron addresses in 2025 that prosecutors allege were connected to black-market Iranian oil proceeds. Read More at https://cointelegraph.com/news/doj-61m-usdt-forfeiture-iranian-oil?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana more than triples transaction size limit with mainnet upgrade
Solana raised its transaction size limit to 4,096 bytes, giving developers more room for zero-knowledge proofs and transactions with multiple signatures. Read More at https://cointelegraph.com/news/solana-transaction-size-limit-4096-bytes-upgrade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CLARITY Act odds fall to 16% as key Democrats resist GOP’s ‘final’ offer
Banking groups also said the GOP’s final text leaves stablecoin reward loopholes, while tribal gaming interests warn that its prediction market provisions threaten tribal sovereignty. Read More at https://cointelegraph.com/news/clarity-act-odds-fall-democrats-gop-final-offer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction
CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22. Read More at https://cointelegraph.com/news/coinex-cease-operation-citing-significant-crypto-contraction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Balancer eyes wind-down after restructuring fails to revive revenue
Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit continued to weigh on adoption. Read More at https://cointelegraph.com/news/balancer-eyes-wind-down-after-restructuring-fails-revive-revenue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Democrats push back on GOP’s ‘final’ CLARITY offer with counterproposal: Politico
Some Democrats remain dissatisfied with the bill’s crypto ethics provisions and will be sending a counterproposal just hours before a key procedural vote. Read More at https://cointelegraph.com/news/democrats-push-back-on-gops-final-clarity-offer-with-counterproposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound