August 22, 2022 South Korea may levy up to 50% ‘gift tax’ on crypto airdrops under current law South Korean officials have interpreted existing laws to mean crypto airdrops may be subject to “gift tax,” according to local media outlet Yonhap News…
August 22, 2022 BendDAO contract drained overnight with 15 ETH left to pay lenders Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. Lending protocol BendDAO has run out of…
August 22, 2022 Dogecoin enthusiasts should consider this before buying the dip Dogecoin’s performance in the last two weeks can be seen as a healthy sign despite its downside. It is a confirmation of investors’ interest…
August 22, 2022 Hackers Used Deepfake of Binance CCO to Perform Exchange Listing Scams A set of hackers managed to impersonate Binance chief communications officer (CCO) Patrick Hillmann in a series of video calls with several representatives of…
August 22, 2022 Voyager creditors rejects bonus plan for 38 employees Voyager Digital creditors have opposed its move to pay employees “retention awards,” according to an August 19 court filing. Bonuses worth $1.9M Voyager had…
August 22, 2022 Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and regulatory guidelines. The South…
August 22, 2022 What’s going on with Cardano’s testnet and Vasil hard fork? The issues surrounding the Cardano Vasil hard fork have been “incredibly corrosive and damaging,” according to founder Charles Hoskinson, who’s looking to put the…
August 22, 2022 BTC miners exit capitulation — 5 things to know in Bitcoin this week Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event. Bitcoin (BTC) starts a…
August 22, 2022 Average Bitcoin transaction fee drops under $1 as network difficulty recovers In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty….
August 22, 2022 Fantom investors, whale transaction count has a quirky tale for you In its latest “Weekly Recap Week,” report, Fantom revealed that it was impacted by the bearish sentiment of the cryptocurrency market in the last…