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Russia Mulls Cryptocurrency Mining Disconnection Proposal

[Jan 25, 2024 11:30 AM] Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal supported by the State Duma Energy Committee to tackle the energy deficit in some regions. The initiative would be an alternative to…

Solana Unleashes Token Extensions to Enhance SPL Token Standard

[Jan 24, 2024 10:00 PM] On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed…

IRS Revises Digital Asset Question on Tax Forms

[Jan 24, 2024 8:30 PM] The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers…

Solana Unveils Token Extensions As SOL Bounces Back, Surging 5%

[Jan 24, 2024 7:00 PM] The Solana Foundation, a non-profit organization dedicated to decentralization, adoption, and security on the Solana network, has launched token extensions.   Solana Token Extensions Gains Traction According to a January 24 announcement, token…