Crypto Firms Can Run Tax-free Until 2025

Belarus has extended tax exemptions for token miners and developers until 2025 as part of their effort to attract more crypto firms. President Aleksander Lukashenko signed a decree allowing mining and other crypto business operators to conduct their activities in the country without having to pay income tax, value-added tax, or personal income tax. The […]

As the CFTC and SEC Crackdown on Crypto, Some Experts Believe the Regulatory Teardown Has Just Started – Here’s Why

Experts have warned that the US crypto industry may face further regulatory crackdowns, causing uncertainty for industry leaders. Martin Grant, global head of regulatory affairs at JST Digital, states that while the industry is searching for clarity, this may not be achieved anytime soon. Regulatory agencies are working to provide more investor protection, but it […]

Sam Bankman-Fried’s Legal Expenses Paid by Alameda Money He Granted to His Father – What’s Going On?

Sam Bankman-Fried, the former CEO of bankrupt FTX exchange, is alleged to have used $10 million he transferred to his father during his time as CEO to cover his legal expenses. Bankman-Fried reportedly transferred millions of dollars to his father in 2021, funded by a loan from the now-bankrupt Alameda Research trading firm. This allowed […]

Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City’s Crypto Revamp

A new fund, ProDigital Future Fund, based in Hong Kong plans to raise $100 million to invest in cryptocurrency companies. The city is rapidly moving towards its goal of becoming a worldwide cryptocurrency hub with a more accommodating regulatory approach. Major Asian investment companies such as Sunwah Kingsway Capital Holdings and Golin International Group have […]

Will US Final GDP Data Impact BTC and ETH Price Movements?

Bitcoin and other digital currencies, such as Ethereum, have recently shown strong performance, indicating the growing popularity of the cryptocurrency market. Despite strict government regulations, the digital currency market continues to perform well with new forms of digital currency emerging. However, experts predict a potential drop in Bitcoin’s value in the future, while others anticipate […]

Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here’s the Latest

A cybercriminal has managed to steal digital assets worth $8.9 million by exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon, according to crypto security firm Peckshield. The criminal used a public burn function with a bug included in the latest upgrade to compromise Safemoon’s liquidity pool and drain almost $9 million of assets. […]

Ethereum Core Developers Announce Date for Long-Awaited Shapella Upgrade – Here’s What You Need to Know

The Ethereum network’s Shapella update is set to launch in two weeks, according to an Ethereum core developer. The Shanghai and Capella upgrades will take place on April 12 and will enable stakers to withdraw their ETH from the Beacon Chain back to the execution layer. The update also introduces new functionality to the execution […]

Ticketmaster Rolls Out NFT-Enabled Ticket Sales for Fans – Here’s How it Works

TicketMaster, a US ticket sales and distribution firm, has integrated crypto wallet technology for the fan club of metal band Avenged Sevenfold, enabling members of the Death Bats Club to use non-fungible tokens (NFTs) for privileged access to tickets and reserved seating without the need to queue. The band’s followers were given the opportunity to […]

Binance Concealed Links to China for Years, Company Documents Reveal

The recent allegations regarding Binance’s ties to China have brought the world’s largest cryptocurrency exchange back into the spotlight. According to a recent Financial Times report, Binance has been concealing its Chinese operations and offices, including an office that was still in use in China at the beginning of 2020, even after leaving officially after […]