Czech gov’t moves to exempt crypto held for 3+ years from being taxed
The prime minister said Czech residents would not have to report crypto transactions under $4,200 per year or pay taxes for selling digital assets held for more than three years.
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Former U.S. President Bill Clinton said that the “permutations and possibilities of blockchain technology are staggeringly great,” at Ripple’s annual Swell conference in San Francisco on October 1.Following a keynote address at the event, Clinton spoke with Gene Sperling, who was his economic advisor from 1996-2001, where they covered a range of topics from foreign…

Impermanent loss challenges the claim that DeFi is the ‘future of France’
Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity provider’s (LP) position — rather an opportunity cost that occurs when compared with simply…

Multichain under fire from users as hacking losses grow to $3M
Multichain users have lost over $3 million due to an unsolved security vulnerability that appeared in six supported tokens on Jan. 17. 866 Total views 8 Total shares Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.Earlier this week, Multichain urged users to…

Kazakhstan officially launches digital tenge
The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency. 106 Total views 1 Total shares The chairman of Kazakhstan’s National Payment Corporation (NPC), Binur Zhalenov, has made the first transaction with the central bank digital currency (CBDC). During his speech at the XI Congress of Finance

Crypto taxes, DOGE, Trump and avoiding an IRS audit: Taxbit exec spills the tea
For US citizens, tax season has arrived, and for crypto investors, this process entails checking multiple exchanges, wallets, decentralized exchanges and more to organize heaps of data and attempt to comply with Internal Revenue Service (IRS) crypto tax policies, which shift like grains of sand in a desert. Although President Donald Trump’s administration has proven

AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence.

Trillions of Dai Required in Future to Maintain Maker’s Current Value
Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization. Crypto analysts AlfaBlok has published a report that claims the number of circulating Dai will need to increase by more than 70% each year in order for MakerDAO (MKR) to maintain its…

Davos-launched blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs
A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and central bank digital currencies (CBDCs). Red Date Technology, the blockchain infrastructure firm that is also leading one of China’s blockchain efforts, launched the Universal Digital Payment Network (UDPN) on Jan. 19 during the World Economic Forum (WEF)…