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Ross Ulbricht, the creator of the Silk Road dark web marketplace, has issued his first statement following his pardon by former President Donald Trump. In his message, Ulbricht expressed profound gratitude to Trump, stating that he has “a lot to talk about” in the wake of his release after spending nearly a decade in federal prison. Ulbricht’s case has been …

MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisitions, may soon find itself facing a significant tax burden on its growing digital asset portfolio. A recent report reveals that the company could be taxed on its unrealized Bitcoin gains, despite not yet selling any of its holdings. This potential tax issue highlights the complex relationship between cryptocurrency holdings …

In a significant development for the crypto world, SEC Commissioner Hester Peirce has announced the repeal of the controversial crypto accounting rule known as SAB 121. The rule, which sparked widespread criticism from the cryptocurrency industry, required firms to treat certain digital assets as liabilities on their balance sheets—an approach many saw as overly restrictive and misaligned with the nature …

As speculation swirls around a potential second term for former President Donald Trump, the crypto industry is gearing up to voice its demands for regulatory clarity and favorable policies. With the sector facing increased scrutiny and regulatory challenges, key stakeholders are calling for a fresh approach that fosters innovation while ensuring compliance. The State of Crypto Under Trump’s First Term …

As artificial intelligence continues to push the boundaries of technology, decentralized physical infrastructure networks (DePIN) are emerging as a critical component in the future of AI computing. In an exclusive interview, Gaurav Sharma, CTO of IO.net, shares insights on how DePIN, the “Internet of GPUs,” and AI integration are set to transform the decentralized landscape. The Rise of DePIN: Decentralizing …