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The legal firm MANIMAMA has released a report analyzing cryptocurrency tax systems worldwide, including the EU, Switzerland, the UAE, and more. Notably, the UAE, particularly Dubai, emerges as one of the most favorable locations for crypto trading and earnings, as it imposes no capital gains or income tax.

The NFT marketplace, Magic Eden, has unveiled its own crypto wallet, created in partnership with Exodus. Presently, it is available as a downloadable extension for the Chrome browser.

At the onset of 2024, the Doomsday Clock, an indicator of how close humanity is to destroying the world, remained unchanged. However, scientists have now added artificial intelligence to the list of dire threats that could lead to global catastrophe, equating it with the risks of nuclear conflict and climate change.

Avalanche blockchain is trailing in the stablecoin market, with a capitalization of just $1 billion. This situation is taking a toll on the DeFi applications' liquidity within its ecosystem and obstructing a steady flow of new users to the platform. To draw a comparison, the stablecoin market cap on Ethereum stands at $71 billion, while on Tron, it is $52 billion.

Manta, a modular L1 blockchain launched in September 2023, has clinched the 9th position in the list of top projects by Total Value Locked (TVL). With $468 million, it has outperformed rivals such as Sui, Cardano, and Base. Despite this achievement, the trading activity on its DEX remains relatively low ($4.6 million).