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Crypto rich threaten to leave California after new tax: Is it a bluff?

Wealthy cryptocurrency investors in California are expressing concerns over a new tax proposal that could significantly increase their tax liabilities. This has led some to threaten relocation to states with more favorable tax environments. Critics argue that these threats may be a bluff, as the state's tech ecosystem and lifestyle remain attractive. The situation highlights ongoing tensions between state tax policies and the interests of high-net-worth individuals in the crypto sector. The outcome could impact California's economy and its status as a hub for innovation.

Read the full article: Coin Telegraph

Privacy Coins Monero, Dash and Dusk Defy Crypto Market Slump

Privacy coins Monero, Dash, and Dusk have shown resilience amid the recent downturn in the cryptocurrency market. While many cryptocurrencies have experienced significant price declines, these privacy-focused coins have maintained or even increased their value. Factors contributing to their stability include growing interest in privacy features and regulatory concerns surrounding

Crypto’s worst year for hacks wasn’t a smart contract problem. It was a people problem.

In 2023, the cryptocurrency industry experienced its highest number of hacks, with human error and social engineering being the primary causes rather than vulnerabilities in smart contracts. A significant portion of the losses stemmed from phishing attacks and scams targeting individuals rather than technical flaws in blockchain technology. Despite advancements

Ethereum Founder Vitalik Buterin Calls for 'Different and Better DAOs'

Ethereum founder Vitalik Buterin has emphasized the need for "different and better" decentralized autonomous organizations (DAOs) to enhance their effectiveness and governance. He argues that current DAOs often face challenges such as inefficiency and lack of accountability. Buterin suggests that innovative approaches and structures are necessary to improve

Bitcoin, ether, solana and XRP extend ETF inflow streak before reversal

Bitcoin, ether, solana, and XRP have continued to see significant inflows into exchange-traded funds (ETFs), marking a prolonged streak of positive investment trends. This surge in inflows comes amid growing institutional interest in cryptocurrencies, particularly as regulatory clarity improves. However, analysts caution that a reversal may be on the horizon,

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Privacy Coins Monero, Dash and Dusk Defy Crypto Market Slump

Crypto’s worst year for hacks wasn’t a smart contract problem. It was a people problem.

Ethereum Founder Vitalik Buterin Calls for 'Different and Better DAOs'

Bitcoin, ether, solana and XRP extend ETF inflow streak before reversal