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Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains

Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains

Leave a Comment / Cryptocurrency, Regulation /

Upon taking office in May, South Korean President-elect Yoon Suk-yeol vowed to zero tax crypto trading gains not exceeding 50 million won, approximately $40,000 similar to stock gains, according to Nikkei. Deemed a crypto enthusiast, the president-elect emerged victorious in the tightly contested election held last week, and part of his crypto pledges entailed giving initial coin offerings (ICOs) […]

Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains Read More »

Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website

Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website

Leave a Comment / Cryptocurrency, Global News /

FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine. The Ukrainian government launched a new crypto donations website on Monday, streamlining its multimillion-dollar effort to turn bitcoin into bullets, bandages and other war materiel. “Aid for Ukraine,” which has the backing of crypto exchange FTX,

Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website Read More »

Oil drops again, now more than 27% below recent high

Oil drops again, now more than 27% below recent high

Leave a Comment / Global Financial News /

Oil registered heavy losses Tuesday, building on Monday’s decline, as myriad factors weighed on sentiment, including talks between Russia and Ukraine, a potential slowdown in Chinese demand and unwinding of trades ahead of the Federal Reserve’s expected rate hike on Wednesday. Both West Texas Intermediate crude, the U.S. oil benchmark, and global benchmark Brent crude were below $100 a

Oil drops again, now more than 27% below recent high Read More »

MiCA: EU Rejects Proposed Ban On Proof Of Work

MiCA: EU Rejects Proposed Ban On Proof Of Work

Leave a Comment / Cryptocurrency, Regulation /

The European Parliament has passed the Markets in Crypto Assets bill, however, without a passage that would stipulate a ban on Proof of Work cryptocurrencies, such as Bitcoin. PoW ban proposal sneaked back in The original draft of the MiCA bill sought to phase out Proof of Work cryptocurrencies, most prominently supported by EP members

MiCA: EU Rejects Proposed Ban On Proof Of Work Read More »

Pixar NFT drop sells out on VeVe shortly after launch

Pixar NFT drop sells out on VeVe shortly after launch

Leave a Comment / NFTs /

It appears the collection sold for an equivalent of $3.3 million. Within 24 hours of its launch on digital collectibles marketplace Veve, crypto enthusiasts purchased all 54,995 pieces of the Disney Pixar Pals nonfungible tokens, or NFTs, collection. The drop consisted of iconic characters and moments created by Pixar Animation Studios, including Sheriff Woody, Mike Wazowski, Lightning McQueen,

Pixar NFT drop sells out on VeVe shortly after launch Read More »

Visa Offers Crypto Development Program for College Students

Visa Offers Crypto Development Program for College Students

Leave a Comment / Business, Crypto/Blockchain /

Payment giant Visa is offering an 18-month full-time crypto development program for undergraduates in the United States, which will focus on building a “fully fluent cryptocurrency team now and for the future”. In its hiring post, Visa said that the Crypto Development Program will provide undergraduates with “three distinct business rotations” that focuses on “practical experience of different

Visa Offers Crypto Development Program for College Students Read More »

Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell Crypto

Leave a Comment / Cryptocurrency, Known Crypto Billionaires /

Tesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is high but stressed he will not sell his cryptocurrencies: bitcoin, ether, and dogecoin. Elon Musk Discusses High Inflation The CEO of Tesla and

Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell Crypto Read More »

Apple’s new budget phone is fast and has 5G at 9, if you don’t mind an old look

Apple’s new budget phone is fast and has 5G at $429, if you don’t mind an old look

Leave a Comment / Business /

KEY POINTS Apple’s new iPhone SE 2022 starts at $429, and offers 5G and the same modern processor as in the more expensive iPhone 13, which starts at $699 for the Mini model. However, the design is old, and it lags on battery life and camera quality. It’s fine if you just need to run

Apple’s new budget phone is fast and has 5G at $429, if you don’t mind an old look Read More »

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