Brazil taxes cryptos abroad: A tax revolution in 2024
Brazil has enacted a law introducing taxes on crypto assets held abroad by Brazilian citizens. The law will come into force from 1ᵉʳ January 2024. Under the new taxes, Brazilian citizens will pay up to 15% of profits from crypto to the state. The new taxes will not apply exclusively to crypto, but also to […]
Ethereum becomes deflationary since the merge
Ethereum redefines itself with a radical upheaval: $2.5 billion worth of ETH burned, a historically low supply of 120 million ETH, and a market in turmoil since the merge. This deflationary transformation marks a turning point where scarcity and growing demand are propelling Ethereum to new heights. Welcome to the era of value sculpted by […]
Cryptocurrencies : Losses due to piracy down 50%!
According to a report by TRM Labs, losses due to cryptocurrency hacks have dropped by almost 50% in 2023 compared to 2022, thanks to improved security in the industry. Improving security in the cryptocurrency industry Losses due to hacking of cryptocurrency projects reached around $1.7 billion in 2023, less than half of the $4 billion […]