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Japan’s Financial Regulator Proposes Change in Tax Code
The Japanese Financial Services Agency is proposing revisions to tax regulations related to digital assets. The regulatory authority aims to exempt local companies from the annual tax on unrealized gains in the cryptocurrency market. Japan's FSA Seeks Tax Changes for... -
Gala Games’ Founders Sues Each Other Over Corporate Waste and Embezzlement
Gala Games co-founders Wright Thurston and Eric Schiermeyer have filed lawsuits against each other in a Utah District Court. Schiermeyer's suit alleged that Thurston misappropriated $130 million worth of GALA tokens, while the latter accused him of corporate mismanagement. Gala... -
Key Takeaways from Chinese EV Companies’ August Deliveries
Chinese EV companies have released their delivery reports for August. Here are the key takeaways from the release. Li Auto (NYSE: LI) delivered 34,914 vehicles in August which was 663.8% higher than the corresponding quarter last year. It is the... -
Lemfi Raises $33 Million in Series A Funding Led by Left Lane Capital to Extend Its Remittance Services Globally, Targeting the United States, Europe, the Middle East, and Asia
Lemfi, an Africa-focused remittances platform, has recently announced a significant milestone with the successful completion of a $33 million Series A funding round. However, the round was led by Left Lane Capital, signaling strong investor confidence in Lemfi's mission to... -
Crypto YouTuber Loses $60K After Live Streaming Seed Phrases
A popular Brazilian crypto YouTuber faced a significant setback when he accidentally revealed his seed phrases during a live stream, resulting in the loss of approximately $60,000 worth of cryptocurrency and a collection of NFTs. While this incident left him... -
Binance, the World’s Leading Cryptocurrency Exchange by Global Trade Volume, Initiates Discontinuation of Support for Stablecoin BUSD with a Gradual Phase-Out Strategy
Cryptocurrency giant Binance, known for its global trade volume dominance, recently made an announcement regarding the stablecoin BUSD. In a move that surprised many in the crypto community, Binance disclosed its decision to discontinue support for BUSD and encouraged users... -
Bitmain Announces Launch of Advanced Monero (XMR) Miner Boasting a Stellar 212 KH/s Hashrate
Bitmain, a leading creator of cryptocurrency mining rigs, is introducing the Monero Miner, designed specifically for mining the digital currency Monero (XMR). With an impressive processing power of 212 kilohash per second (KH/s), it claims the title of the most... -
DeFi Deposits on Base Rise as Yield Farmers Input Incentives From Aerodromes Harvest
DeFi deposits on the Base network have reached an all-time high due to liquidity mining incentives offered by the decentralized exchange Aerodrome. Coinbase' Base' Sees Increase in Value DeFi deposits within the Base protocol have experienced a remarkable surge, driven... -
Wall Street Analysts Warm Up To Apple Ahead of iPhone 15 Launch
Wall Street analysts have been warming upto Apple (NYSE: AAPL) ahead of the upcoming iPhone 15 launch in September. The stock has also risen from its August lows amid the optimism and is now getting near its all-time highs. Global... -
Binance Simplifies Peer-to-Peer Crypto Trading for Beginners
Binance revolutionizes crypto trading, offering a user-friendly P2P platform for beginners. Simplified process, trusted reputation, and enhanced security. Binance constantly raises the bar in the crypto industry. An element that merits special consideration is their Peer-to-Peer (P2P) exchange platform, a...
