In the latest autumn budget statement, UK Chancellor Rachel Reeves confirmed that Crypto Assets will be exempt from further taxation, but the government is pushing for stricter reporting and regulatory measures to enhance industry Compliance. Reeves announced that the income tax threshold will remain frozen, while new tax measures will be implemented on dividends, savings, and property income, and limits will be set on pension salary sacrifice benefits. Azaria Nukajam, the Compliance Officer of a certain CEX in the UK, welcomed this, believing that Crypto Assets should be treated on par with other asset classes, which is beneficial for their long-term position as an alternative investment choice. However, she also pointed out that new regulations including the Crypto Asset Bill, HMRC tax warnings, and the upcoming Crypto Asset Reporting Framework (CARF) indicate that the UK is pushing for stricter tax transparency and regulation to close potential loopholes.

Radix network founder Dan Hughes passed away this Sunday evening. He had been dedicated to Distributed Ledger technology since 2013 and launched the Cerberus Consensus Mechanism in 2019. His sudden passing has had a significant impact on the team and community.

The founder of the Radix network, Dan Hughes, has passed away due to natural causes, leaving a notable legacy. He promoted the development of several core technologies, and the Radix team stated that they will continue to uphold his vision. The Chief Strategy Officer and Chief Financial Officer will assist the current CEO in ensuring a smooth transition, and the community can express their respects on the platform.

On February 20, the reporter learned from the Hangzhou Institute of Optics and Fine Mechanics that Hangzhou Fujia Gallium Industry, an incubator of the Hangzhou Institute of Optics and Mechanics, has made a major breakthrough in the field of vertical Bridgeman (VB) gallium oxide crystal growth, and the quality of the tested single crystal has reached the international advanced level. The test results show that there are no twins in the 4-inch VB crystal grown by Fujia gallium equipment, and the XRD half-height full-width (FWHM) of the single crystal substrate is better than 50arcsec, which is comparable to the quality of the gallium oxide single crystal substrate prepared by the guide mode method, and the performance has reached the international advanced level.

Odaily Planet Daily News Unstoppable Domains collaborates with Radix to launch the '.pw' extension as a DNS and on-chain domain. The team stated, 'It connects the traditional Web

Golden Finance reported that Layer 1 blockchain network Radix announced the expansion of its ecological fund, Radix Eco_ Fund, to 250 million XRD, exceeding $10 million, to further support and incentivize founders to build dApps. This expansion of the fund size follows the launch of the 25 million XRD ecological fund in early February this year. In addition, Radix also announced the launch of the Radix Foundry program, dedicated to incubating and accelerating high-potential dApp projects in lending markets, RWA, yield derivatives, NFT trading, Launchpad, stablecoins, and other areas.