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The White House has announced its support for the Congressional Review Act (CRA) resolution led by Sen. Ted Cruz and Rep. Mike Carey to overturn the IRS "Broker DeFi Rule." The rule, introduced in the final days of the Biden administration, expanded the definition of "broker" to include DeFi software providers, requiring them to report gross proceeds from crypto transactions. The administration calls it an attack on crypto innovation and supports its repeal. #whitehouse #broker
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@TRON DAO not only dominates $1K-$10K $USDT transactions, but also $100-$1K transactions across chains. The network continues to handle the highest volume of stablecoin transfers. #Tron #TronNetwork
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🔴 Top 10 #CryptoGainers (March 4) 1. $FINVESTA - 25%↑ 🔥 2. $SOLV - 13%↑ 🔥 3. $TCAPY - 10%↑ 🔥 4. $BTSE - 9%↑ 5. $AIC - 8%↑ 6. $EKUBO - 4%↑ 7. $PNUT - 3%↑ 8. $REQ - 2%↑ 9. $DRIFT - 2%↑ 10. $ACT - 2%↑
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#ArkInvest purchased 38,865 COIN shares (~$8M) for its ARKW fund on Monday while selling $8.2M of its spot Bitcoin ETF (ARKB). This follows last week’s $8.7M COIN buy and $8.6M #ARKB sell, as Ark continues its portfolio rebalancing strategy.
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Bybit CEO Ben Zhou says 20% of stolen funds are untraceable, while 77% remains trackable and 3% has been frozen. - 83% of stolen $ETH was swapped to $BTC across 6,954 wallets - 72% of swaps went through THORChain - Hackers also used non-KYC exchanges & OKX Web3 proxy #bybit_hack #bybit
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