South Korea postpones 20% tax on crypto gains to 2025

The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has been deferred to 2025. The government officials announced their new tax reform plans on July 21, deferring the crypto tax policy to 2025, citing stagnant market conditions and the time required for the preparation of investor protection measures. The initial plans of imposing an additional 20% tax on crypto gains exceeding 2.5 million won ($1,900)…

Masked Men Rob Large Crypto Mining Farm Near Moscow – Mining Bitcoin News

Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A crypto mining farm in the village of Kuchino, near the city of Domodedovo in Moscow Oblast, has been raided by thieves, the Russian crypto news outlet Bits.media reported on Wednesday. The mining facility was located…

Dogecoin’s DOGE Sees Volatile Trading After Upgrade

A new RPC method, rescan, has been added to allow node operators to rescan the chain for wallet transactions from a certain height, as per developer documents. “This can help speed up the rescan process for keys known to be generated after a certain date or block height,” developers explained in the release. Source

Swiss Luxury Watchmaker Franck Muller Launches Exclusive Binance NFT Collection With Limited-Edition Timepieces – Press release Bitcoin News

press release PRESS RELEASE. Franck Muller, the world-famous Swiss luxury watchmaker, has announced the release of a series of digital wearables and physical watches on the Binance NFT marketplace. The series will commence with the release of ‘Mystery by Franck Muller’ generative NFTs on July 27, 2022. This marks a continuation of Franck Muller’s pioneering journey in Web3 innovations, following the release of their Bitcoin watch in 2019. ‘Mystery by Franck Muller’ is an exclusive NFT Mystery Box collection with incredible rewards, from physical Franck Muller timepieces, Apple Watch faces,…

CRYPTO : BITCOIN & ETHEREUM PEUR DE RATER LE BOTTOM !? ⚠️ Patience ..!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ⚡ Rejoins la Newsletter TOTALEMENT GRATUITE pour obtenir des analyses exclusives de tes altcoins préférées et bien d’autres surprises ! JUSTE ICI ➡️ ⚡ 👍 Si vous avez apprécié cette vidéo, n’hésitez pas à mettre un pouce bleu pour nous soutenir ! Rejoignez-nous: 📚 Rejoignez notre communauté gratuite sur Discord ⭐ Rejoignez nous aussi sur Twitter CRYPTO : BITCOIN & ETHEREUM PEUR DE RATER LE BOTTOM !? ⚠️ Analyse Technique du Bitcoin ( BTC ) et Ethereum ( ETH ) Un Brief…

Packed your Bitcoin? A BTC holiday in Costa Rica goes fiat free

Passport, sunglasses, beach towel, Bitcoin (BTC)? A BTC enthusiast on vacation demonstrated that the world’s largest cryptocurrency could soon become a holiday essential. Eugenio, a Costa Rican Bitcoin maximalist, paid his way on holiday with just Bitcoin in his wallet during a long weekend on Costa Rica’s Pacific coast. A hotspot for Bitcoin adoption and real-life whale spotting, the towns of Uvita, Dominical and Ojochal are home to Bitcoin Jungle, a Bitcoin-beach-inspired project, as well as a budding community of Bitcoin-friendly merchants. Eugenio documented his entire Bitcoin holiday to the…

Polkadot (DOT) Gathers Steam, Sets Sight On $8.07 Resistance Level

Polkadot (DOT) has seen a fairly consistent momentum as it currently trades at $7.92 and eyeing the next key resistance at $8.07. The DOT/USD pair predictably scores a strong upside or further gains that can go as high as $8.50. The DOT/USD pair has gained roughly 1.38% overnight which has increased the coin price to $7.92 and is bound to spike to the $8.07 level and higher. The token which has a market cap of $7.73 billion is currently ranked as the 10th highest cryptocurrency, based on market capitalization. The…

Blockchain.com Cuts 25% Workforce Amid Crypto Bear Market

Blockchain.com said it would be closing down its Argentina-based offices and canceling team expansion plans in several countries. Some 44% of the impacted employees are in Argentina, 26% in the U.S., 16% in the U.K., and the remaining from the rest of the world, the company said. The reduction brings the firm’s staffing back to January 2022 levels, a representative told CoinDesk via email. Blockchain.com has expanded rapidly in the past 16 months, growing from 150 to more than 600 staff. Bolstering its balance sheet by contracting the business means…