Any change might lead to the highest-earning crypto holders paying a lower rate of tax. The country currently taxes crypto profits as income, which can be as high as 45% for people earning over 40,000,000 yen ($276,000). Capital gains from sales of securities such as shares face a flat rate of 20%.
“And then the second one is a means for, effectively, validators to receive emissions,” Boiron added. “Effectively, if you think of these new chains that pop up, what’s going to happen is that with time, they’re going to want to decentralize. And so instead of just having a centralized sequencer, they’re going to need to incentivize people to actually run a decentralized group or a decentralized prover. And if they don’t have a token, or if they don’t want to launch a token yet, how do they do that? Well, effectively, what this does is that a portion of that POL emissions can actually be used to decentralize their network, and then POL holders will then receive fees from that network.”
The alleged exploiter drained roughly $27 million of crypto assets including various types of staked ether (ETH), Ethena’s sUSDE and wrapped USDC stablecoin from the protocol, blockchain data shows. Later, it converted the proceeds to ETH using predominantly Li.fi and forwarded to asset to a new address, according to Etherscan data.
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Libre, a startup focused on tokenizing financial assets in partnership with Nomura’s Laser Digital, Brevan Howard’s WebN group and private markets giant Hamilton Lane, is adding several digitized funds to the NEAR blockchain, enabling tokenized real-world assets (RWA) to be transferred across multiple blockchains.