South Korea Crypto Tax Set at 22% from 2027.
South Korea has confirmed a 22% tax rate on cryptocurrency gains effective from 2027. The policy formalizes taxation for digital asset transactions in one of the world’s leading crypto markets.…
Strategy Posts $8.33B Loss as Bitcoin Holdings Sink
Strategy has reported an $8.33 billion loss as its Bitcoin holdings declined in value. The substantial write-down reflects the impact of cryptocurrency volatility on the company’s balance sheet. This result…
New York Sues Kalshi, Seeks $36B in Penalties Over Prediction Markets.
New York has filed a lawsuit against prediction market platform Kalshi, seeking $36 billion in penalties. The action challenges the company’s operations and raises fundamental questions about the legality of…
Google Backs $15B Anthropic Data Center in Texas.
Google has committed to backing a $15 billion Anthropic data center project in Texas. The investment underscores the massive scale of capital required for advanced artificial intelligence infrastructure. This move…
Ostium Blames Off Chain Breach for $23.75M USDC Exploit.
Ostium has attributed a $23.75 million USDC exploit to an off-chain breach. The decentralized finance protocol stated the incident occurred outside its smart contracts. This explanation draws attention to risks…
Trump Threatens Iran as Oil Jumps 7% and Stocks Sink
Donald Trump has issued threats against Iran amid rising tensions, coinciding with a 7% surge in oil prices and a decline in stock markets. The developments reflect heightened geopolitical risks…
Telegram Accused of Leaving Terrorist Content Online in Australian Lawsuit.
Telegram is facing accusations in an Australian lawsuit of failing to adequately remove terrorist content from its platform. The legal action claims the messaging app has not taken sufficient steps…
Chinese Newspaper Warns Firms Over Bitcoin Extortion Scam.
A major Chinese newspaper has issued a public warning to companies about a rising Bitcoin extortion scam targeting businesses. The advisory aims to raise awareness and help firms avoid falling…
Asian Markets Lose $950B in a Day: AI Fears Hit KOSPI, Nikkei and TAIEX
Asian markets lost approximately $950 billion in value in a single trading day as concerns over artificial intelligence developments triggered a sharp sell-off. Major indices including the KOSPI, Nikkei, and…
Myanmar Crypto Scam Bill Clears Parliament.
Myanmar’s parliament has passed a bill targeting cryptocurrency scams as part of efforts to combat digital financial fraud. The legislation introduces stronger oversight and penalties for deceptive schemes involving crypto…