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Thailand has decided to suspend the implementation of its 15% cryptocurrency capital gains tax for now. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appears that some sort of crypto tax will still be implemented. Thailand will reportedly not proceed with its 15% cryptocurrency tax plan after traders…
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In spite of the government’s recent inclusion of PMLA (Prevention of Money Laundering Act) in cryptocurrency, Indian cryptocurrency investors have demonstrated unwavering optimism in fresh alt-token initiatives. They may have a solid understanding of and experience with digital currencies, or perhaps their unwavering attitude stems from their belief that this new asset class can provide…
Key Takeaways A whale paid $2.5 million in Ethereum transaction fees just to send 0.55 ETH. The whale’s wallet still has Ethereum worth over $10 Million. There is evidence that rather than a mistake, this could be a money laundering scheme. Share this article Someone seems to have mistakenly paid $2.5 million in Ethereum transaction…
RedStone Finance and Voltz Protocol have entered into a significant collaboration, redefining the financial landscape by connecting traditional finance (TradFi) with the exciting world of decentralized finance (DeFi). TradFi enters DeFi with SOFR rates ⚡️ We’re excited to announce our successful integration with @voltz_xyz! We’ve just brought TradFi and DeFi worlds a little closer together…
The floor price of the Bored Ape Yacht Club (BAYC) NFT collection has hit its lowest point in over 20 months, reflecting a larger decline in the NFT market. Important Points In a surprising turn of events, the floor price of the Bored Ape Yacht Club (BAYC) NFT collection has plummeted to its lowest point…
Kraken simplifies crypto access for Colombian users Kraken has rolled out a new feature that lets Colombian residents fund their accounts directly with their local currency. Instead of dealing with international wire transfers, people can now deposit Colombian pesos straight into their Kraken wallets. The exchange will handle the conversion to U.S. dollars, which I…
Ethereum co-founder Vitalik Buterin has outlined a new technical direction for the network under a “Lean Ethereum” strawmap, featuring quantum resistance, scalability, and privacy as top priorities. In a post on X over the weekend, Buterin described the planned upgrades as a transformation comparable in scale to the Merge in September 2022, which ended energy-intensive…
U.S. dollar-pegged stablecoin Tether (USDT) witnessed a spike of over 30% in five days against the Russian ruble — highlighting the negative and immediate impact of the ongoing war on the traditional financial system. Data from Cointelegraph Markets Pro and crypto exchange Binance show that the ruble (RUB) is undergoing inflation as the USDT/RUB trading…
