According to News1, the Digital Asset Trading Platform Association (DAXA), which is composed of five major crypto exchanges in South Korea, is improving the cryptocurrency listing guidelines announced in the second half of last year in order to cope with the rapidly changing crypto market conditions. A DAXA official said, “Our first concern is investor protection, and we are revising the listing guidelines. The necessity and timing of relisting after the token is delisted are also under discussion.”

An announcement from Israel’s tax authority on Friday said it was investigating two NFT creators for tax evasion. The duo, Avraham Cohen and Antony Polak, are the owners of the holyrocknft.com website. According to tax authorities, the two sold NFTs created based on 3D scans of Western Wall stones through the website, but did not report the tax truthfully. The investigation revealed that since 2021, the suspect has sold 1,700 works and received a payment of 620 ETH, equivalent to about 8 million NIS (about 2.18 million U.S. dollars) at the time of the transaction. According to the findings, the income was actually business income—but the duo did not report it as such. Some of the funds received by the suspects were even transferred between digital wallets, so there may be suspicions of illegally hiding property. The judge presiding over the case released the suspects under restrictive conditions, including handing over the digital wallets in which they stored ETH.

Offchain Labs, the developer of the Layer 2 network Arbitrum, issued a document stating that it is proposing an improved transaction ordering strategy for the Arbitrum sequencer, adding "Time Boost" to the current first-come-first-served strategy, in which transactions can pay priority fees to obtain small advantage or gain a "time boost" in sorting. This should not affect most users, but may provide a better way to manage "delay race" behavior. The Arbitrum sequencer will apply the time boost formula, adjust the timestamps accordingly, and order the transactions in increasing order of the adjusted timestamps.

Coinbase will shut down for 8 hours in the early morning of March 5, Beijing time for technical upgrade and maintenance. Coinbase is expected to suspend Coinbase from 8:00 to 9:00 on March 4th Pacific time (0:00 to 1:00 on March 5th Beijing time)․ For transactions and transfers on com, downtime maintenance will start around 9:00 Pacific time (1:00 March 5th, Beijing time).

Ameen Soleimani, an early contributor to Tornado, has created a fork of Tornado Cash that aims to be a "sequel" to Tornado Cash and a better version of Tornado. A demo of a new coin mixing app (Privacy Pools) released today lets people send and receive ethereum, the second-largest cryptocurrency, anonymously. This time, though, there's a feature that proves users aren't North Korean bad guys or other types of criminals. Privacy Pools is currently a demo and has not been formally audited.

Patrick McHenry, chairman of the U.S. House of Representatives Financial Services Committee, and Senator Cynthia Lummis, who drafted cryptocurrency legislation, sent a letter to banking institutions on Thursday asking them how they would handle a controversial announcement from the U.S. Securities and Exchange Commission (SEC) recommending financial Institutions should account for clients’ crypto assets on their own balance sheets.

The Celsius Network, an encrypted lending platform, tweeted that withdrawals of distributable assets in certain escrow accounts will reopen today. Eligible users will be notified of the steps that need to be taken to facilitate their withdrawal.

Blockchain technology company BridgeTower Capital announced the launch of a turnkey onramp that connects financial institutions to Lido’s staking infrastructure, as well as a security token that allows institutional investors to participate in staking rewards on the Layer 1 blockchain Avalanche.

The world's largest hedge fund, Bridgewater Fund, is accelerating its exit from the Dalio era. It is limiting the size of its flagship fund, investing more capital and manpower in artificial intelligence and machine learning, and expanding in Asia and stocks. In order to cut costs and free up resources, Bridgewater will implement a company-wide restructuring in the next two weeks, cutting about 100 positions out of about 1,300 employees. "It's not enough to just do what we've been doing," Bridgewater CEO Neil Bardea, 41, said in an interview. "Evolve or die. That's what's happening here. .”