
Latest from Nikhilesh De
U.S. Senate Hearing on Crypto Taxes Reveals Headaches for Both Industry and IRS
A top Coinbase tax executive suggested the IRS isn't ready for the flood of tax reporting about to come in, even as many crypto rules still need to be written.

Bullish Launches U.S. Spot Crypto Trading Following NYDFS Approval
Now live in 20 states, Bullish expands into U.S. markets as institutional appetite for crypto strengthens.

Legacy Users ‘Not Forgotten’ as OpenSea Balances Newcomers, OGs Ahead of Token Launch: CMO Hollander
In an interview with CoinDesk, OpenSea’s Adam Hollander shares about the platform's revamp plans.

SBI Crypto Reportedly Hit by $21M Hack With Suspected DPRK Links
SBI Crypto, a subsidiary of Japan’s SBI Group, has reportedly suffered a $21 million exploit with blockchain sleuths pointing to possible ties with North Korean hackers.

The Protocol: Solana’s Firedancer Proposes Uncapping Block Compute-Unit Limit
Also: Denials of Bitcoin Hard Fork, UN Experiments With Blockchain, and Gate Rolls Out Token Launcher.

Aleo and Paxos Labs Launch Privacy-Focused Dollar Stablecoin Aimed at Institutions
The USAD token encrypts transaction data end-to-end, aiming to enable private, programmable digital dollars.

MEXC Ventures Raises Ethena Investment to $66M
The new investment builds on previous purchases of ENA and USDe, its synthetic stablecoin that tracks the value of the dollar without traditional reserves.

White House Withdraws Pro-Crypto Brian Quintenz's Name From CFTC Chair Nomination
Gemini's co-founders Tyler and Cameron Winklevoss opposed Quintenz's nomination.

U.S. SEC Takes Preliminary Step to Expand Universe of Crypto Custody to State Trusts
Another no-action letter from the agency staff signals the SEC's view that state-chartered trusts are fine for handling digital asset custody.

SEC's Bow to DoubleZero Carries Major Weight for Decentralized Infrastructure: Peirce
The U.S. regulator's decision to give the project's token distributions a pass represents the right get-out-of-the-way approach, Commissioner Hester Peirce said.
