South Korea suspended Tax Imposition
20% tax on crypto profit delayed for 3 more years.The tax implication scheduled for 2022 has been postponed to 2025.On Thursday, fiscal chief Ko Kwang-Hyo of the Ministry of Economy…
FTX s and others Should Step in and Help Crypto Recover
FTX and the other leading companies should help the industry recover even if it leads to losses for them, Sam Bankman-Fried stated. The Founder and CEO of the crypto exchange…
Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners
With the upcoming summer, Iranian authorities have decided to halt crypto mining in the country… again.The Middle Eastern nation has gone against licensed crypto miners and will shut down all…
Reasons Why Synthetix (SNX) pump Over 100%
Synthetix is leading the relief rally after a remarkable comeback, following massive trading volumes. The cryptocurrency market is showing signs of a minor relief amidst the bloodbath, but Synthetix (SNX)…
Bybit Planning To Reduce Workforce by sacking many staffs
20% to 30% of the staffing is estimated to be cut off from the ByBit exchange platform.Resources may be assigned with additional tasks and functioning. The ByBit exchange platform is…
Not So Stable Stablecoins – USDD Hits All Time Low
The stablecoins are going low and belong to their peg.The market cap of stablecoin as of now is above $150 billion. The stablecoins in the cryptomarket are in total wobble,…
El Salvador President Advice to Bitcoin Investors in bitcoin crash
Salvador’s finance minister, said the “fiscal risk is extremely minimal.”Jim Cramer, the presenter of Mad Money, thinks Bitcoin will fall below $12,000. There are some words of wisdom for bitcoin…
Tether (USDT) Network Attacked Using DDoS Resulting in 8M Requests/Min
The request significantly differs from the daily average of 2k requests/5min.The company had received a ransom demand from the hackers.On June 18, a major denial-of-service assault targeted Tether, one of…
Dogecoin Price Surges 8% Following Elon Musk’s Tweet
Musk said he would immediately incorporate features like Dogecoin tipping. The acceptance of DOGE as payment for premium services like Twitter Blue is on cards. Bitcoin and Ethereum have both…
Adam Back says $100K BTC Price very possible
The possible launch of Grayscale’s Bitcoin ETF and BTC’s decorrelation from traditional finance markets could push the asset to $100k by 2022’s end, Back stated. Despite the recent pullback of…