Transaction URL: https://blockchain.com/btc/tx/313a337d79c5e7b9662071dddffe624536bce04edd74187be7466d1ea4e9182c
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The inaugural Solana AI hackathon concluded on Monday.
Over 400 projects threw their respective hats in the ring for a contest offering cash prizes but more importantly the prospect of potentially-lucrative attention to so-called AI agents, which are currently flooding crypto social feeds.
Multiple entrants already have tokens trading at millions of dollars-worth of market cap, and agent copilots for crypto trading as well as AI agent “swarms” were buzzy categories.
Winners of the hackathon, organized by SendAI, will be announced around Jan. 10, SendAI co-founder and CEO Yash…
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After several drafts and 44,000 comments, the IRS’s new 1099-DA form is here.
Or it will be on Jan. 1, 2026, at least — but starting in 2025, brokers are going to have to keep track of some new information.
You may remember that the term “brokers” — and how tax regulators would define them — caused quite a stir back in 2023. Earlier drafts of the 1099-DA form included a section to identify the “broker type,” but this has since been removed.
In doing so, the IRS essentially punted this issue down the line: They know they will have to issue rules around DeFi actors…
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Holiday celebrations transpired the last few days. But the week was also marked by MicroStrategy becoming part of the Nasdaq 100.
While some thought this would offer the company’s stock price a short-term lift, that so far hasn’t been the case. As of 1 pm ET, MSTR’s share price was down 22% since the market opened on Dec. 16 (after the index inclusion news late the prior Friday).
End-of-year profit-taking (MSTR is up ~380% in 2024) and recent declines in BTC price are likely contributors to MicroStrategy’s latest price dip.
But the bigger picture? Significance of MSTR’s…
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I have just finished reading Debt: The First 5000 Years by anthropologist David Graeber. The book takes a look at the history of money, debt, and how they relate to societal structures from a lens that departs heavily from the conventional wisdom of economic thinking.
Conventional wisdom paints a picture of people inefficiently bartering goods and services directly for each other, and money naturally arising as a result of the problems inherent in this….
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Pendle
Pendle exists because crypto wants to speculate.
In Pendle’s short history, the team has constantly reiterated its yield trading product using narratives from stablecoins and infamous “DeFi 2.0” (Olympus DAO) in the 2021 bull, to liquid staking tokens, real-world assets on Arbitrum, and liquid restaking during the prolonged bear.
It wasn’t until the points meta blew up in early 2024 that Pendle struck gold, with its TVL shooting up from the multi-million to multi-billion dollar range. Pendle’s Principle Tokens (PT) and Yield Token (YT) yield mechanisms remain an…
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