The South Korean Ministry of Strategy and Finance cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a gift tax under the Inheritance and Gift Tax Act.
Free virtual asset transfers would still attract a 10-50% tax under the Inheritance and Gift Tax Act.
The said tax requires the recipient of the free “gift” to file a gift tax return within three months of receiving it.
https://cointelegraph.com/news/crypto-tax-can-wait-free-coins-can-t-s-korea-mulls-gift-tax-for-airdrops
Free virtual asset transfers would still attract a 10-50% tax under the Inheritance and Gift Tax Act.
The said tax requires the recipient of the free “gift” to file a gift tax return within three months of receiving it.
https://cointelegraph.com/news/crypto-tax-can-wait-free-coins-can-t-s-korea-mulls-gift-tax-for-airdrops
Samsung files to launch a bitcoin and crypto exchange in South Korea in 2023.
https://twitter.com/bitcoinmagazine/status/1561698193028497408
https://twitter.com/bitcoinmagazine/status/1561698193028497408
A hacker stole crypto funds from customers making deposits at General Bytes Bitcoin ATM machines.
The hacker modified the crypto settings of two-way machines with his wallet settings and the invalid payment address setting.
https://www.theblock.co/post/164741/hacker-stole-from-clients-making-deposits-on-bitcoin-atms
The hacker modified the crypto settings of two-way machines with his wallet settings and the invalid payment address setting.
https://www.theblock.co/post/164741/hacker-stole-from-clients-making-deposits-on-bitcoin-atms
The Block
Hacker stole from clients making deposits on Bitcoin ATMs
An attacker managed to modify the crypto settings of two-way Bitcoin ATM machines from General Bytes.
Coinbase has added Aurora (AURORA) and MXC (MXC) to its roadmap.
https://twitter.com/coinbaseassets/status/1561705044151570435
https://twitter.com/coinbaseassets/status/1561705044151570435
OneRare has announced its strategic partnership with Axelar.
https://onerarenft.medium.com/onerare-announces-its-strategic-partnership-with-axelar-feb20d15b9f7
https://onerarenft.medium.com/onerare-announces-its-strategic-partnership-with-axelar-feb20d15b9f7
Medium
OneRare announces its strategic partnership with Axelar
OneRare is thrilled to announce its strategic partnership with Axelar, which delivers secure cross-chain communication, enabling dApp users…
The auction Ton recently conducted for their domain/wallet names was successful, Telegram founder Pavel Durov said.
He also added that Telegram could soon offer a marketplace to auction addresses.
“This would create a new platform where username holders could transfer them to interested parties in protected deals – with ownership secured on the blockchain via NFT-like smart-contracts. Other elements of the Telegram ecosystem, including channels, stickers or emoji, could later also become part of this marketplace.”
https://t.me/durov/194
He also added that Telegram could soon offer a marketplace to auction addresses.
“This would create a new platform where username holders could transfer them to interested parties in protected deals – with ownership secured on the blockchain via NFT-like smart-contracts. Other elements of the Telegram ecosystem, including channels, stickers or emoji, could later also become part of this marketplace.”
https://t.me/durov/194
Here is our Crypto Daily Review.
Today's highlights:
- The market is neutral. Bitcoin is trading at $21,203
- Samsung Securities and other firms applied for the launch of a cryptocurrency exchange in South Korea in 2023
- Nike has generated a total of $185 million in revenue from NFT sales
- BendDAO founder has proposed emergency changes to the protocol to prevent liquidity crises.
Have a nice day! ☀️
Today's highlights:
- The market is neutral. Bitcoin is trading at $21,203
- Samsung Securities and other firms applied for the launch of a cryptocurrency exchange in South Korea in 2023
- Nike has generated a total of $185 million in revenue from NFT sales
- BendDAO founder has proposed emergency changes to the protocol to prevent liquidity crises.
Have a nice day! ☀️
Nike tops the list with a $185m revenue from NFT sales in the fashion brands.
Dolce & Gabbana (D&G), Tiffany, Gucci, and Adidas join Nike in the list of the top five.
Nike has amassed nearly $1.3b in transaction volume from secondary trading.
https://twitter.com/wublockchain/status/1561956026554802176
Dolce & Gabbana (D&G), Tiffany, Gucci, and Adidas join Nike in the list of the top five.
Nike has amassed nearly $1.3b in transaction volume from secondary trading.
https://twitter.com/wublockchain/status/1561956026554802176
According to PeckShield, SudoRare rugged 519 $ETH (~$815k).
SudoRare already deleted its social accounts/groups.
Stolen funds already transferred to 3 new addresses.
https://twitter.com/peckshieldalert/status/1561967493912363008
SudoRare already deleted its social accounts/groups.
Stolen funds already transferred to 3 new addresses.
https://twitter.com/peckshieldalert/status/1561967493912363008
X (formerly Twitter)
PeckShieldAlert (@PeckShieldAlert) on X
#PeckShieldAlert #rugpull Seems like @SudoRare rugged 519 $ETH (~$815k).
SudoRare already deleted its social accounts/groups, sudorare[.]xyz is down
Stole funds already transferred to 3 new addresses (173 $ETH/address):
0x75c3b2...3981
0x0498d1...8074
0xbFb784...7EAa
SudoRare already deleted its social accounts/groups, sudorare[.]xyz is down
Stole funds already transferred to 3 new addresses (173 $ETH/address):
0x75c3b2...3981
0x0498d1...8074
0xbFb784...7EAa
Ready Player Me, an avatar platform for the metaverse, has raised $56M in a Series B funding round led by a16z GAMES FUND ONE and a16z crypto.
Investors: Plural, David Baszucki, co-founder of Roblox, Justin Kan, co-founder of Twitch and Fractal, Robin Chan, co-founder of Fractal, Henry Ault, co-founder of Eco, Sebastian Knutsson & Riccardo Zacconi, King Games co-founders, Collab Currency, Endeavor, Kevin Hart’s Hartbeat Ventures, D’Amelio family, Punk6529, Snowfro, Nordic Ninja, Konvoy and more.
https://blog.readyplayer.me/series-b-announcement-a16z/
Investors: Plural, David Baszucki, co-founder of Roblox, Justin Kan, co-founder of Twitch and Fractal, Robin Chan, co-founder of Fractal, Henry Ault, co-founder of Eco, Sebastian Knutsson & Riccardo Zacconi, King Games co-founders, Collab Currency, Endeavor, Kevin Hart’s Hartbeat Ventures, D’Amelio family, Punk6529, Snowfro, Nordic Ninja, Konvoy and more.
https://blog.readyplayer.me/series-b-announcement-a16z/
readyplayer.me
Integrate an avatar creator into your game in days - Ready Player Me
Thousands of companies use Ready Player Me developer tools to give their users high-quality personalized avatars that increase retention and engagement.
Bitfinex has launched a trading for Chain Split Tokens (CSTs) that will allow users to trade on the potential fork event in the Ethereum (ETH) consensus protocol that could result in a new ETH Proof of Work (PoW) coin as well as ETH Proof of Stake (PoS).
https://trading.bitfinex.com/t/ETHS:USD
https://trading.bitfinex.com/t/ETHW:USD
https://www.bitfinex.com/posts/822
https://trading.bitfinex.com/t/ETHS:USD
https://trading.bitfinex.com/t/ETHW:USD
https://www.bitfinex.com/posts/822
Binance will introduce zero-fee trading for the ETH/BUSD spot trading pair.
Validity Period: 2022-08-26 00:00 UTC until 2022-09-26 00:00 UTC.
https://www.binance.com/en/support/announcement/5d8f9c0a68e24b82bff743a342dfa9b9
Validity Period: 2022-08-26 00:00 UTC until 2022-09-26 00:00 UTC.
https://www.binance.com/en/support/announcement/5d8f9c0a68e24b82bff743a342dfa9b9
Huobi Tech obtained an MSB license in Canada further expanding regulated business
globally.
https://www.bloomberg.com/press-releases/2022-08-23/huobi-tech-obtained-msb-license-in-canada-further-expanding-regulated-business-globally
globally.
https://www.bloomberg.com/press-releases/2022-08-23/huobi-tech-obtained-msb-license-in-canada-further-expanding-regulated-business-globally
Blockchain startup Mural has raised $5.6 million in seed funding.
Backers for the funding round included investment firm Galaxy Ventures, CoinDesk parent Digital Currency Group, venture firm Firstminute, and Palumni, the Palantir alumni venture capital fund, among others.
https://www.coindesk.com/business/2022/08/23/blockchain-company-mural-founded-by-palantir-alums-raises-56m/
Backers for the funding round included investment firm Galaxy Ventures, CoinDesk parent Digital Currency Group, venture firm Firstminute, and Palumni, the Palantir alumni venture capital fund, among others.
https://www.coindesk.com/business/2022/08/23/blockchain-company-mural-founded-by-palantir-alums-raises-56m/
Here is our Crypto Daily Review.
Today's highlights:
- The market is neutral. Bitcoin is trading at $21,335
- MasterCard is working with Binance to enable crypto payments in +90M stores worldwide
- MakerDAO opens $100M DAI loan to the US based, Huntingdon Valley Bank.
- Binance introduces zero-fee trading for the ETH/BUSD spot trading starting Aug. 26 until Sep. 26.
Have a nice day! ☀️
Today's highlights:
- The market is neutral. Bitcoin is trading at $21,335
- MasterCard is working with Binance to enable crypto payments in +90M stores worldwide
- MakerDAO opens $100M DAI loan to the US based, Huntingdon Valley Bank.
- Binance introduces zero-fee trading for the ETH/BUSD spot trading starting Aug. 26 until Sep. 26.
Have a nice day! ☀️
Uniswap is the interface for all NFT liquidity, according to Uniswap’s developer.
The company is now in talks with 7 NFT lending protocols. It will be working with each one to solve for liquidity fragmentation and information asymmetry. This is the first step to building NFT financialization.
https://twitter.com/scott_eth/status/1562075758885244928
The company is now in talks with 7 NFT lending protocols. It will be working with each one to solve for liquidity fragmentation and information asymmetry. This is the first step to building NFT financialization.
https://twitter.com/scott_eth/status/1562075758885244928
The best new projects added on ICO Drops
1. MarqVision https://icodrops.com/marqvision/
2. Big Time https://icodrops.com/big-time/
3. Satellite https://icodrops.com/satellite/
4. Jito https://icodrops.com/jito/
5. Gunzilla https://icodrops.com/gunzilla/
6. Ultimate https://icodrops.com/ultimate/
7. CreatorDAO https://icodrops.com/creatordao/
8. MetaverseGo https://icodrops.com/metaversego/
9. Cashmere https://icodrops.com/cashmere/
10. Amulet https://icodrops.com/amulet/
1. MarqVision https://icodrops.com/marqvision/
2. Big Time https://icodrops.com/big-time/
3. Satellite https://icodrops.com/satellite/
4. Jito https://icodrops.com/jito/
5. Gunzilla https://icodrops.com/gunzilla/
6. Ultimate https://icodrops.com/ultimate/
7. CreatorDAO https://icodrops.com/creatordao/
8. MetaverseGo https://icodrops.com/metaversego/
9. Cashmere https://icodrops.com/cashmere/
10. Amulet https://icodrops.com/amulet/
Impossible Finance has introduced the Impossible Data Room.
With the Impossible Data Room, you now have access to all the information you need in one place. The DataRoom is a comprehensive hub for you to stay updated on the projects in your portfolio.
https://medium.com/impossiblefinance/the-impossible-data-room-c334c5c64c36
With the Impossible Data Room, you now have access to all the information you need in one place. The DataRoom is a comprehensive hub for you to stay updated on the projects in your portfolio.
https://medium.com/impossiblefinance/the-impossible-data-room-c334c5c64c36
Medium
The Impossible Data Room
Dearest Penguins,
Binance is pushing crypto adoption in Philippines.
Binance and FinTech Alliance Philippines are joining the government in sharing insights on cryptocurrencies, regulatory frameworks, and financial inclusion in the country.
https://twitter.com/cz_binance/status/1562394757820817408
Binance and FinTech Alliance Philippines are joining the government in sharing insights on cryptocurrencies, regulatory frameworks, and financial inclusion in the country.
https://twitter.com/cz_binance/status/1562394757820817408