- The IRS has decided to play peek-a-boo with crypto transactions, issuing new rules for brokers to report digital asset dealings, including those on decentralized exchanges. 🎭 These rules, effective in 2027, aim to ensure Uncle Sam gets his share of the crypto pie.
- Bitcoin and Ether ETFs in the US have seen a flood of cash, with Bitcoin ETFs alone raking in $35.66 billion in 2024. BlackRock's iShares Bitcoin Trust ETF led the charge, proving that crypto is still the belle of the ball, even if the dance floor got a bit empty towards year-end.
- Meanwhile, Animoca Brands' co-founder Yat Siu's X account was hacked to promote a fake token. Remember folks, even in the digital wild west, phishing is still a thing!