AI firm Genius Group’s Bitcoin holdings now worth more than its market cap
Singapore-based artificial intelligence company Genius Group has boosted its crypto holdings, purchasing by an additional $2 million to 440 Bitcoin for $42 million. The Singapore-based AI and education company Genius Group now holds more Bitcoin (BTC) than its own market value. The company has increased its Bitcoin reserves to 440 BTC, adding another $2 million […]
Blockchain groups challenge new broker reporting rule
Three prominent blockchain advocacy organizations filed a lawsuit challenging the Internal Revenue Service’s new broker reporting requirements. The organizations argue that the rules could severely impact the U.S. digital asset sector, particularly decentralized finance (DeFi). The Blockchain Association, DeFi Education Fund, and Texas Blockchain Council jointly filed the legal challenge in the U.S. District Court […]
