South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders
South Korea’s Gyeonggi Province tax department traced the crypto accounts through the mobile numbers of the delinquents held by local authorities.
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South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the effect of tokenization on domestic markets.
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Paris Saint-Germain Becomes First Soccer Team to Validate a Blockchain
The club will reinvest the proceeds from being a validator into buying back PSG fan tokens.
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Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects.
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Ether’s Triangle Breakout Could Push It to New All-Time High of $5.2K: Kraken OTC
Ether rose above $3,000 earlier this week, the highest level since April 2022.
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Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia Earnings Rejuvenates AI-Tokens
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.
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Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction
Gauntlet co-founder John Morrow said his team “found it difficult to navigate the inconsistent guidelines and unwritten objectives” of Aave’s “largest stakeholders.”
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Protocol Village: Wormhole Collaborates With AMD to Make Hardware Accelerators
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
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DCG Calls Out Genesis’ Settlement With New York as ‘Subversive’
DCG filed an objection in bankruptcy court to the deal Genesis secured to end the New York attorney general’s investigation of fraud and money laundering controls.
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Bitcoin Could Hit $150K This Year, Says Fundstrat’s Tom Lee
Lee took note of fresh demand via the new spot bitcoin ETFs, the halving and expected monetary policy easing as being catalysts for higher prices.