BTC $80,841.36 +1.41%
ETH $2,350.58 +1.73%
BNB $744.99 +1.14%
XRP $1.33 +2.33%
SOL $101.85 +1.85%
TRX $0.3308 +0.76%
DOGE $0.0795 +2.69%
ADA $0.2062 +1.03%
BCH $297.63 +6.32%
LINK $11.74 +3.32%
HYPE $81.51 +5.20%
AAVE $134.44 +1.46%
SUI $0.9356 +2.95%
XLM $0.1715 +2.29%
ZEC $1,312.14 +7.31%
AAPL $346.73 +1.00%
AMZN $254.33 +2.29%
GOOGL $325.12 +2.03%
MSFT $530.24 -0.18%
META $621.62 -1.79%
NVDA $218.82 +1.31%
TSLA $409.13 +4.24%
SNDK $1,364.43 +8.10%
INTC $95.43 +5.80%
SPCX $150.06 +1.74%
MU $969.32 +6.26%
AMD $570.03 +7.63%
BTC $80,841.36 +1.41%
ETH $2,350.58 +1.73%
BNB $744.99 +1.14%
XRP $1.33 +2.33%
SOL $101.85 +1.85%
TRX $0.3308 +0.76%
DOGE $0.0795 +2.69%
ADA $0.2062 +1.03%
BCH $297.63 +6.32%
LINK $11.74 +3.32%
HYPE $81.51 +5.20%
AAVE $134.44 +1.46%
SUI $0.9356 +2.95%
XLM $0.1715 +2.29%
ZEC $1,312.14 +7.31%
AAPL $346.73 +1.00%
AMZN $254.33 +2.29%
GOOGL $325.12 +2.03%
MSFT $530.24 -0.18%
META $621.62 -1.79%
NVDA $218.82 +1.31%
TSLA $409.13 +4.24%
SNDK $1,364.43 +8.10%
INTC $95.43 +5.80%
SPCX $150.06 +1.74%
MU $969.32 +6.26%
AMD $570.03 +7.63%

14%

All
Article
Flash

first_img Nasdaq-listed Solana Reserve Company DeFi Development raised the CHAD dividend yield to 14%

According to The Block, Nasdaq-listed Solana reserve company DeFi Development Corp. (DFDV) announced that it will raise the annual dividend yield of its CHAD preferred stock from 13% to 14%, effective November 2. Based on a par value of $10 per CHAD share, the annual dividend will increase from $1.3 per share to $1.4 per share, paid once every business day, contingent upon the company's board declaring the dividend. The company stated that future funds raised from CHAD issuance will be used to expand its Solana reserves, which generate income through staking and validating node operations.CEO Joseph Onorati stated that raising the dividend yield to 14% will help expand investor participation and grow the scale of CHAD. He noted that the appeal of CHAD lies in providing double-digit dividend income through Nasdaq-listed preferred securities, with daily payouts, while the issuer holds income-generating SOL reserves. The company aims to position CHAD as a leading digital credit tool, enhancing the ability to accumulate SOL, adding value for common stock shareholders, while maintaining prudent capital management.DeFi Development increased its holdings by approximately 22,070 SOL and equivalent assets last week, raising its total holdings to about 2.59 million SOL; the company stated that CHAD reached a new trading price high that week and recently approved a buyback plan to repurchase up to all issued CHAD shares.

first_img Chainalysis report: CARF only covers 14% of on-chain taxable crypto activities

Chainalysis' latest report shows that the potential taxable on-chain cryptocurrency activity globally will reach at least $457 billion by 2025, while the OECD's Crypto Asset Reporting Framework (CARF) covers only about 14% of the on-chain taxable activities. The report estimates that the United States contributes approximately $112.6 billion, with North America leading at $134.6 billion, followed closely by the European Union at $125.1 billion.This estimate includes income generated from realized gains, mining, staking, and lending, as well as payments denominated in crypto assets, but does not include trading activities within centralized exchanges. The CARF will start data collection on January 1, 2026, across 48 jurisdictions, including the UK and EU, requiring eligible crypto platforms to collect customer and tax resident information and report transaction data to domestic tax authorities for cross-border sharing.The report points out that the CARF's design, centered around crypto intermediaries, is the main reason for the coverage gap. Colby Mangels, a former OECD advisor involved in the development of the CARF, stated that the framework is designed around intermediaries that conduct crypto transactions as their business, which leaves a significant amount of decentralized finance activities outside the reporting scope due to the lack of centralized operators or custodial relationships. Mangels noted that tax authorities are focusing on the progress of anti-money laundering regulations, including when DeFi platforms or their operators should be considered regulated crypto service providers.
app_icon
ChainCatcher Building the Web3 world with innovations.