Month: January 2022

Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions – Taxes Bitcoin News

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The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential Candidate Looks to Attract Young Voters With Crypto Tax Cuts Yoon Suk-yeol, the nominee of South Korea’s conservative People Power Party for the upcoming presidential elections in March, has announced his intention to back the raising of the threshold for the tax on gains from crypto…

Crypto.com shares details on security breach: 483 accounts compromised

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The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting “suspicious activities” in user accounts. In a statement on Thursday, Crypto.com revealed that “4,836.26 ETH, 443.93 BTC and approximately US$66,200 in other currencies” had been taken from clients’ accounts without their permission. The overall loss is presently valued at around $33.8 million, as per the current market value. Following a security breach, several Crypto.com users have made complaints that their money had been stolen. However, the company’s previous responses…

Indonesian Islamic organization issues new fatwa against crypto use

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The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of the largest non-government Islamic organizations in Indonesia, issued a new fatwa against cryptocurrency use, deeming it haram, or unlawful, for Muslims. The fatwa, a ruling on the point of Islamic law, was issued on Tuesday and pointed towards two critical issues with cryptocurrencies that make them illegal as an investment tool and a medium of exchange under Islamic laws: The speculative nature of cryptocurrencies makes them imperfect as an investment tool. The crypto tokens are believed to contain…

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Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse – Metaverse Bitcoin News

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Microsoft, the software behemoth, announced today it had completed a deal to acquire Activision Blizzard, one of the biggest game developers and publishers in the gaming world. The deal, which involves an all-cash transaction valued at $68.7 billion, will give Microsoft ownership of important franchises like “Call of Duty,” “Candy Crush,” “World of Warcraft,” and “Diablo.” The company also mentioned this acquisition would provide building blocks for the metaverse. Microsoft to Acquire Activision to Build Its Metaverse Microsoft, one of the leading software companies in the world, announced…

AMC investors get tokens, Naomi Osaka NFTs, Guy Oseary to represent World of Women

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AMC shareholders gifted free NFT The AMC movie theater chain dropped NFTs to all AMC shareholders on Tuesday. As part of the reward, AMC CEO Adam Aron tweeted that the NFT and a WAX wallet in which to hold it will be free to claim for up to a year. Emails detailing how to claim your AMC Investor Connect “I Own AMC” NFT will be sent next week on Jan 18, to all in the U.S. and globally who enrolled by 12/31/21. The NFT and a WAX wallet for up…

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BitMEX CEO, CFO to Buy One of Germany’s Oldest Banks

CryptoX – Cryptocurrency Analysis and News Portal Business Bankhaus von der Heydt was formed in 1754 and became one of the first regulated institutions in Germany to offer digital asset services. By Jamie Crawley Jan 18, 2022 at 10:40 a.m. UTC Updated Jan 18, 2022 at 5:42 p.m. UTC Munich, Germany (Shutterstock) Source The post BitMEX CEO, CFO to Buy One of Germany’s Oldest Banks appeared first on CryptoX. CryptoX Portal

Google New Team to Shape Blockchain Venture

Google’s venture into the blockchain and related technologies is beginning to take shape with the formation of a dedicated group under an engineering vice president who has spent more than a decade working for the company. According to Bloomberg News, Google’s Shivakumar Venkataraman now runs a team focused on “blockchain and other next-gen distributed computing and data storage technologies”. Bloomberg also reported that the engineering vice president would become a “founding leader” of Labs – a business division in which Alphabet Inc’s Google houses its various virtual and augmented reality…

DONT MISS THIS BITCOIN & ETHEREUM MOVE!!! ETHEREUM PRICE PREDICTION & BITCOIN NEWS TODAY (BTC & ETH)

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