Earnings already subject to the 15% capital gains tax don’t need to be included when calculating income taxes. Source
Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
Tag: Token
Ether.Fi, Liquid Restaking Protocol, to Release ETHFI Token on Binance Launchpool Next Week
“Users will be able to stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days,” with farming starting at 00:00 UTC on March 14, Binance said. “Binance will then list ETHFI at 12:00 UTC on March 18.” Trading pairs will be available in ETHFI versus bitcoin (BTC), stablecoin (USDT) and BNB TOKEN, among others. Source CryptoX Portal
Solana NFT Marketplace Tensor to Issue TNSR Governance Token
Since December a spate of crypto finance projects in the Solana blockchain ecosystem have released tokens in attempts to “decentralize” their governance. Holders of these tokens get to vote on the directions of their protocols. Oftentimes those who have used the protocol heavily – by, say, trading hundreds of NFTS – get bigger allocations of the token. Source
Ether.Fi to Introduce ETHFI Token on Binance Launchpool Next Week
“Users will be able to stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days,” with farming starting at 00:00 UTC on March 14, Binance said. “Binance will then list ETHFI at 12:00 UTC on March 18.” Trading pairs will be available in ETHFI versus bitcoin (BTC), stablecoin (USDT) and BNB TOKEN, among others. Source
NEAR Token Almost Doubles in a Week, Ahead of Nvidia’s (NVDA) AI Conference
The company started as NEAR.AI in 2017, an AI company that had nothing to do with blockchain. The team began building the NEAR protocol in 2018, and the mainnet was rolled out in 2020. Prior to starting Near, Polosukhin was at Google Research, where he worked on developing models and tools that would eventually feed into AI. Source
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […] Source CryptoX Portal
Sony Files ‘Super-Fungible Token’ NFT Patent
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one of them per time in the gaming implementation. Sony Files Patent […] Source CryptoX Portal
Optimism Foundation Executes $89 Million OP Private Token Transaction
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s management of the Optimism network, a blockchain designed to […] Source CryptoX Portal
Spain Blocks Worldcoin Project Over Data Privacy Concerns, WLD Token Slides 7%
The cryptocurrency project Worldcoin, spearheaded by Sam Altman, has faced another setback as Spain takes steps to block the venture. The Spanish data protection regulator, AEPD, has ordered Worldcoin to immediately halt the collection of personal information within the country and cease using the data it has already gathered. Concerns Over Worldcoin Eyeball-Scanning Data Collection According to a Financial Times report, the AEPD expressed concerns about the project’s use of an eyeball-scanning “orb” to collect customers’ data. The regulator is expected to announce a “precautionary measure” on Wednesday, and Worldcoin…
Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April
The KMNO token will serve as a governance asset from launch day, Thomas said on the Zoom call Thursday. Its holders will ultimately have influence over Kamino’s incentive programs, revenue disbursements, protocol operations and risk management, according to a tweet from Kamino. Source