The US Treasury is running out of cash — trouble ahead for Bitcoin?
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Switzerland Won’t Amend Tax Law in Regard to Blockchain in Near Future
Switzerland does not need to amend its current tax legislation to cover blockchain-based arrangements, the Federal Council believes. 1668 Total views 41 Total shares Switzerland’s existing tax law is applicable to developments in the blockchain industry, the Swiss Federal Council said.According to the federal authority, Switzerland does not need to amend its existing tax legislation…

Plain talk about NFTs: What they have been and what they are becoming
There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total market for them passed $24 billion. You can’t open a news feed without an article about nonfungible tokens popping up. These inevitably contain the obligatory “An NFT is a” paragraph…

Crypto Biz: Ripple’s ‘defining moment,’ Binance’s ongoing purge
Ripple made headlines this week when it became the first crypto-native company to acquire a multi-asset prime broker, potentially setting the stage for wider adoption of its XRP Ledger technology. The acquisition of Hidden Road didn’t come cheap, either, as Ripple doled out $1.25 billion for the brokerage. It was a price Ripple CEO Brad

5 Python libraries to interpret machine learning models
Understanding machine learning models’ behavior, predictions, and interpretation is essential for ensuring fairness and transparency in artificial intelligence (AI) applications. Many Python modules offer methods and tools for interpreting models. Here are five to examine:What is a Python library?A Python library is a collection of pre-written code, functions and modules that extend the capabilities of…

Tornado Cash developer guilty of money laundering
Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Tornado Cash.

Japanese Lawmakers Want US to Place Digital Currencies on G7 Agenda
Japan is feeling the pressure of China’s strident moves forward with a digital yuan. According to a Feb. 7 Reuters report, top lawmakers in the country are calling on their government to push for digital currencies to be placed on the G7’s agenda this year.Akira Amari — former economy minister and a prominent member of the…

Maker community thanks yEarn for seemingly restoring DAI peg
A new vault launched on yearn.finance is being credited for finally restoring the peg of Dai (DAI), the algorithmic stablecoin of the MakerDAO (MKR) project.As Cointelegraph previously reported, Maker had struggled with maintaining a strict $1 peg for DAI since the start of the yield farming wars in June. Though it’s had ups and downs, the…

Altcoin Roundup: DeFi token prices are down, but utility is on the rise
The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 2020 through the first quarter of 2021. Currently, investors are debating whether the crypto sector is in a bull or bear market, meaning, it’s a good time to check in on the state of DeFi…