MEXC NEWS

US Lawmakers Push IRS to Fix Crypto Staking Tax Rules Before 2026

US lawmakers led by Representative Mike Carey are urging the Internal Revenue Service to fix cryptocurrency staking rules that result in double taxation. The lawmakers want changes implemented before the rules take effect in 2026.

2025/12/22

Bitcoin Quantum Upgrade Could Take 5-10 Years, Casa Co-Founder Says

Upgrading Bitcoin's protocol to meet post-quantum security standards may require at least five to ten years, according to Casa co-founder Jameson Lopp. The extended timeline stems from Bitcoin's decentralized consensus model, which makes rapid protocol changes exceptionally difficult.

2025/12/22

Week in GameFi: Trading Volume Surges Amid Market Turbulence and Security Concerns

GameFi experienced a mixed week as trading volume exploded by 100% despite broader market pain. The surge in activity suggests traders are actively repositioning within the gaming sector even as macroeconomic pressures weigh on crypto markets overall. Security concerns also emerged with warnings about Web3 gaming malware targeting players, adding a cautionary note to an otherwise active trading period.

2025/12/22

Hilbert Group Acquires Crypto Trading Platform Enigma Nordic for Up to $25 Million

Swedish investment firm Hilbert Group has acquired high-frequency crypto trading platform Enigma Nordic in a deal valued at up to $25 million. The transaction structure includes $17.5 million in performance-based earn-outs, tying a significant portion of the total value to future results.

2025/12/22

Tokenization Could Disrupt Finance Faster Than Digitization Hit Media, MoonPay President Says

MoonPay president Keith Grossman believes tokenization can disrupt the financial industry faster than digitization disrupted media. He points to major institutions like BlackRock already offering tokenized funds as evidence that transformation is underway.

2025/12/22

Bitcoin Could Drop to $75K Before True Bottom, Santiment Founder Says

Santiment founder Maksim Balashevich suggests Bitcoin could still fall to around $75,000 before reaching a true market bottom. His reasoning centers on an unconventional indicator: crypto traders have not displayed sufficient fear on social media platforms.

2025/12/22

Hyperliquid Sees $430M Weekly Outflows Amid Rising DEX Competition

Hyperliquid recorded over $430 million in weekly outflows as competition in the perpetual decentralized exchange sector intensifies. Emerging platforms Lighter and Aster are capturing market attention and potentially drawing capital away from the current market leader.

2025/12/19

Terraform Labs Liquidator Sues Jump Trading for $4 Billion

The liquidator overseeing Terraform Labs' bankruptcy has filed a lawsuit against Jump Trading seeking $4 billion in damages. The legal action relates to Jump Trading's alleged role in the catastrophic collapse of the Terra ecosystem in May 2022.

2025/12/19

Coinbase Sues Three US States Over Prediction Market Regulation

Coinbase has filed lawsuits against Michigan, Illinois, and Connecticut over their attempts to regulate prediction markets, according to Bloomberg. The cryptocurrency exchange argues these states lack jurisdiction to impose such regulations.

2025/12/19

SoFi Becomes First National Bank to Issue Stablecoin on Public Blockchain

SoFi has launched SoFiUSD, a fully reserved U.S. dollar stablecoin, becoming the first national bank in the United States to issue a stablecoin on a public, permissionless blockchain.

2025/12/19