Crypto taxation: alternatives to Italy to pay less tax
With the approval of the Budget Law 2023, capital gains from the sale of cryptocurrencies exceeding €2,000 will be taxed at 26 percent. In the new law, such income falls…
Hermès vs. MetaBirkin Artist: NFT Trademark Trial Kicks Off
A trademark trial focused on non-fungible tokens (NFT) began Monday, pitting French luxury designer brand Hermès against NFT artist Mason Rothschild. Hermès claims the artist’s “MetaBirkin” NFT collection allegedly infringed…
Sam Bankman-Fried Banned From Contacting FTX Employees By Judge
A New York judge has prohibited Sam Bankman-Fried from attempting to contact any former or current employees of Alameda Research or FTX. Bankman-Fried has also been prohibited from using Signal…
Sri Lanka Central Bank Says Bitcoin Cannot Solve Economic Crisis
Billionaire investor Tim Draper got a more challenging reception than he anticipated when proposing Sri Lanka, a bankrupt nation, to Bitcoin. Draper was in Sri Lanka on Tuesday, talking with…
Sri Lanka Dismisses Tim Draper’s Idea to Combat Corruption With Bitcoin
“Adoption of 100% Bitcoin won’t be a Sri Lanka reality ever,” the Governor of the central bank said.
Synthetix V3 development: All about the debt pool, legacy market, and more
The crypto market has demonstrated a healthy recovery since January 2023, and, as a result, there has been increased activity in the DeFi world. Synthetix is among the companies that…
Filecoin’s Protocol Labs lays off one-fifth of staff
Protocol Labs has become the latest cryptocurrency company to carry out a mass layoff, according to a February 3 report from Forbes.
Sam Bankman-Fried: Crypto’s Fallen Hero?
Sam Bankman-Fried, former FTX CEO and Alameda Research founder, is crypto’s fallen king. What happened to SBF’s crypto empire?
Binance Re-Enters South Korean Market With Acquisition Of Gopax
Cryptocurrency exchange Binance has acquired a majority stake in the South Korean cryptocurrency trading platform Gopax, Bloomberg reported. This move marks Binance’s return to the South Korean market after a…
Filecoin parent company lays off 21% of its staff
In a blog post released on Friday, Protocol Labs CEO Juan Benet declared the company would be laying off 21% of its staff due to an “extremely challenging economic downturn,”…
