Republicans’ Leadership Squabbles Delayed U.S. Crypto Bills Until 2024, Key Lawmakers Say

Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.Source

Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic

The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.Source

Paying for Use Slows Down Crypto’s Search for a Use Case

CoinDesk’s Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.Source

Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report

The bill is awaiting presidential approval.Source

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.Source

Crypto for Advisors: Investing in Web3

Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors.Source

A Suspicious ‘Munger’ Coin Soars Then Crashes After Billionaire Charlie Munger’s Death

A memecoin that was minted 15 minutes after Charlie Munger’s death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours.Source

There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says

Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.Source

MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%

MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.Source

Decentralized Infrastructure Provider Grove Raises $7.9M

Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don’t need to incur the costs of buying and running their own equipment.Source