Happy Wednesday! In today's Daily, Cosmos co-founder Jae Kwon blames Iqlusion over North Korea-linked security risks, Italy plans to raise bitcoin capital gains tax to 42%, the U.S. calls for a reduced prison sentence for the 2016 Bitfinex hacker and more.
Meanwhile, a new a16z crypto report finds cryptocurrency activity and usage at an all-time high.
Let's get started.
Cosmos co-founder Jae Kwon raised concerns on Tuesday about the development and security of Cosmos Hub's liquid staking module amid links to North Korean agents.
Italy plans to raise capital gains tax on bitcoin to 42% as part of the country's budget for 2025, according to local newspaper Il Sole 24 Ore.
U.S. prosecutors have called for a reduced five-year prison sentence for Ilya Lichtenstein over money laundering charges related to the 2016 Bitfinex hack, citing his cooperation in the case and assistance in other crypto-related criminal investigations.
The TON Foundation has selected Axelar's Mobius Development Stack as its preferred interoperability solution, aiming to boost The Open Network's connectivity with other blockchains.
World Liberty Financial, the much-hyped DeFi project backed by Donald Trump and his sons, sold more than 600 million WLFI on Tuesday as its token sale went live.
Never miss a beat with The Block's daily digest of the most influential events happening across the digital asset ecosystem.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
