Coindesk

South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders

South Korea's most populated province, Gyeonggi, has collected $4.6 million from crypto tax evaders, it announced on Thursday, according to a local report by Yonhap News Agency.Source link

Paris Saint-Germain Becomes First Soccer Team to Validate a Blockchain

French football giant Paris Saint-Germain said it will become a network validator for the Chilliz Chain and use the revenue to repurchase its fan tokens.Source link

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.Source link

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.Source link

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."Source link