Japan’s tax authority has updated its regulations on corporate taxes, offering a tax exemption for businesses involved in cryptocurrency transactions. Key Points In a recent development, the tax administration in Japan has brought about a revision within corporate tax rules, providing an exemption to companies who deal with cryptocurrencies. With this update, companies issuing cryptocurrencies…
When analyzing Ether’s (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb. 7. Should Ether bulls start celebrating and calling for $4,000…
Rapid Growth Raises Regulatory Alarms Australia’s crypto ATM market has exploded in recent years, growing from just 23 machines in 2019 to over 2,000 today. This rapid expansion has caught the attention of financial regulators who are increasingly worried about how these machines are being used. The numbers are pretty staggering when you look at…
Bitget, the esteemed crypto exchange, has recently launched some new funds that are specifically geared toward promoting several upcoming Web3 projects. The fund has already amassed an impressive $100 million for its initial investment, which underscores Bitget’s unwavering confidence in the future of Web3. Main Goal of this Fund The main objective of this fund…
January 1, 2025—Shiba Classic, a community-driven blockchain project, is setting new standards in decentralized finance (DeFi) by transforming the challenges of developer abandonment into an opportunity for innovation and community empowerment. Following a passionate Community Takeover (CTO), Shiba Classic is revitalizing the legacy of Shiba Inu ($SHIB) while forging a new path toward utility and…
Blockchain data challenges PEPE’s fair launch narrative New analysis from blockchain data visualization platform Bubblemaps is raising questions about the memecoin PEPE’s original launch story. According to their findings, about 30% of the token’s initial supply was bundled together at launch in April 2023. This contradicts the project’s branding as a “coin for the people”…
Hashlock, a leader in Web3 security and smart contract auditing, is proud to announce the successful completion of a comprehensive security audit for Libertum. Libertum is a blockchain platform reshaping how real estate is accessed and traded. By converting physical properties into ERC-20 tokens, Libertum enables fractional ownership and connects investors to real-world asset value…
MDEX, a well-known DEX on both HECO and BSC chain, announced its collaboration with Alpaca Finance, the largest lending protocol allowing leveraged yield farming on Binance Smart Chain recently, by which users from Alpaca Finance can benefit from farming liquidity pools with massive rewards on MDEX. The first rounds of pool integrations will take place…
A federal judge has denied the U.S. SEC’s request to inspect the technological infrastructure of Binance US, which has implications for cryptocurrency regulation. Key Points In a notable development, a federal judge has denied the SEC’s request to inspect the technological infrastructure of Binance US. This decision hampers the agency’s efforts to ensure compliance with…
A new version of the Digital Asset Market Clarity Act is making the rounds in Washington. The would-be final draft, which surfaced earlier this week, includes a hotly debated section that bans the president and other top officials from direct crypto ties. But the ban is only temporary — it is set to expire in…
