The U.S. Internal Revenue Service (IRS) has issued a temporary relief measure that will allow cryptocurrency holders on centralized exchanges to bypass strict tax regulations in 2025, thereby retaining flexibility in reporting and tracking digital asset sales. The IRS's temporary relief allows taxpayers to continue to use their own records or tax software to identify the specific units sold. "This means that if you sell assets internally at a cefi broker, you can still use your books and records/crypto tax software to record the specific units you are selling," Chandrasekera said. The relief period only applies to cefi transactions between January 1, 2025 and December 31, 2025. After this date, taxpayers will need to formally select an accounting method with their brokers.

Musk reposted a tweet about frog elements at 3:57 am today, with the caption "Kek". In addition, at 5:00 am (Beijing time), he tweeted "Brothers in Arms" with a picture of Pepe in the image of a Roman general.

Africa currently accounts for 3% of the global Bitcoin mining hashrate as of December 2024, with Ethiopia alone contributing 2.5% of production, more than double the entire continent’s output in 2023, all through renewable energy. According to the Ethiopian Electric Power Company (EEP), Ethiopia has earned more than $55 million from the sale of electricity for Bitcoin mining this year alone, accounting for 18% of its total revenue.

Ethereum re-staking protocol ether.fi tweeted that it has launched the Berachain incentive deposit vault, which supports deposits of weETH, WETH, stETH, eBTC, wBTC, cbBTC and LBTC. After the Berachain mainnet is launched, deposits will remain locked for 90 days.

I hope Bitcoin can continue to create miracles, and I hope that we who believe in Bitcoin can create miracles.

HODL15Capital tweeted that at least 60 billionaires in the world have invested in Bitcoin, indicating that the confidence of the world's wealthy is growing.

Farside Investors data shows that BlackRock's iShares Bitcoin Trust (IBIT) has more than three times the inflow of funds than the second-ranked Fidelity Wise Origin Bitcoin Fund (FBTC), reaching $37.2 billion, while Fidelity has about $11.7 billion. BlackRock is also leading in Ethereum, with iShares Ethereum Trust (ETHA) attracting $3.5 billion in net inflows in 2024. Fidelity Ethereum Fund (FETH) ranked second with a net inflow of $1.5 billion.

Digital asset trading and brokerage firm FalconX is in advanced negotiations to acquire Arbelos Markets, a derivatives startup founded in 2023 by two crypto industry veterans. The transaction, which will be financed with a combination of cash and FalconX stock, is expected to be announced in the coming days, according to people familiar with the matter. It is not yet clear how much the transaction values Arbelos.

Investment in blockchain-based startups in 2024 reached $13.6 billion, accounting for about 4.9% of the total investment in 2024 ($279 billion). These figures reflect a recovery in the cryptocurrency industry from 2023, when crypto companies received $10.1 billion in venture capital funding. However, the industry is still far behind the peak in 2021, when crypto startups received $32.4 billion in funding.

Who is it that can make Web3 giants like CZ and Vitalik support it? Who is it that can be publicly praised by the top international journal Nature?

Web3 social platform and infrastructure UXLINK announced the second season airdrop token distribution in its official blog. UXLINK will distribute 10% of the total supply of UXLINK to users and ecosystem partners in Season 2, the same as Season 1. Anti-Sybil technology will also be used to ensure that real community contributors receive airdrop rewards.

The Swiss federal government has officially begun reviewing a referendum proposal titled "Building a Financially Strong, Sovereign and Responsible Switzerland (Bitcoin Initiative)". The proposal has been published in the Federal Gazette and has entered the signature collection stage, aiming to incorporate Bitcoin into the Swiss national financial system through a constitutional amendment.

Sonic SVM, the SVM blockchain on Solana, announced the token economics of its native token SONIC. SONIC will serve as the native token of the Sonic SVM and Multi-SVM ecosystem to promote long-term growth and development.

Montenegro has completed the extradition of Terraform Labs co-founder Do Kwon to the United States, Prime Minister Milojko Spajic said on Tuesday. "This extradition demonstrates our unwavering commitment to international justice and the rule of law," Spajic wrote on the X platform.

Decentralized AI training platform FLock.io announced the official launch of its mainnet on Base. The launch coincides with the token generation event (TGE) of its native token FLOCK, which will serve as a utility token for the FLock ecosystem by incentivizing and rewarding community participation.