Danish Tax Law Council proposes taxation of unrealized cryptocurrency gains
On October 24th, the Danish Tax Law Committee proposed a bill that could tax unrealized gains and losses on cryptocurrency assets held by Danish cryptocurrency investors. The earliest this could take effect is in 2026. In its 93-page official report on cryptocurrency asset taxes, the committee suggested that all cryptocurrency assets should be taxed according to the same set of rules. It considered three potential models for taxing cryptocurrency assets in the country.
2024-10-24 10:19:54
Hotcoin to Launch MSPCX (MSPCX) Trading on October 23 at 18:00
According to the official announcement from Hotcoin, the MSPCX/USDT trading service will open on October 23, 2024, at 18:00 (UTC+8), and MSPCX deposits and withdrawals will be available starting from October 24, 2024, at 10:00 (UTC+8).
MSPCX, as the core token of the MetaSpaceX2.0 metaverse platform, can be widely used in various scenarios such as gaming, entertainment, and education. Users can hold and use MSPCX for transactions, purchase virtual items, participate in various activities, and enjoy value-added services within the platform. This not only enhances the user experience in the metaverse but also provides more opportunities for interaction and growth. MSPCX aims to build an interconnected, vibrant digital ecosystem, promoting the development and innovation of the metaverse.
2024-10-23 20:09:38
Trump expected to appear on Joe Rogan's podcast on Friday
According to an anonymous source it is expected that Trump will record an interview with podcast giant Joe Rogan on Friday. The interview will take place in Rogan's studio in Austin, Texas.
2024-10-23 15:24:11
Alliance releases 2024 cryptocurrency startup trend report: Ethereum remains the main ecosystem for startups to build blockchain
Alliance has released a 2024 trend report on cryptocurrency startups, which provides insights into trends observed from the application data and their potential impact on the wider startup ecosystem. The key points are as follows:
2024-10-23 15:24:10
Celestia Announces Results of Mammoth Mini Proof-of-Concept Testnet: Average Permissionless Data Throughput of 27 MB/s
On October 23rd, Celestia Labs announced the concept verification of the Mammoth Mini test network, with an average unlicensed data throughput of 27 MB/s. Many improvements of Mammoth Mini (such as FBSS) have completed the research phase and entered the design phase, while others (such as Vacuum! and the redesigned QUIC-based p2p stack) are in the prototype and MVP stages and undergoing iterative improvements. The core developer community hopes to propose these improvements when they are ready for deployment in 2025.
2024-10-23 15:24:08
CZ: I will release content to the community regularly, and I am currently enjoying some quiet time
Maran's Crypto, a community user, posted on social media that the bad guys have lost control and thanked CZ for reminding the community to be wary of fake "cz" accounts. They hope that CZ can regularly release content to the community. In response, CZ stated that he will do so, but for now, he wants to enjoy his quiet time.
2024-10-23 15:24:07
A wallet withdrew 4.26 million TRUMP from MEXC, equivalent to about 13.9 million US dollars
On October 23rd, a dormant wallet withdrew 4.26 million TRUMP (@MAGAMemecoin) from the MEXC exchange, equivalent to approximately 13.9 million US dollars, 20 minutes ago.
2024-10-23 15:24:06
Notcoin founder: Many companies, including Binance, are trying to copy Notcoin’s low-cost customer acquisition model
Notcoin founder Sasha Plotinov stated that various companies or projects of different sizes are trying to replicate Notcoin's successful model, including Binance. Plotvinov estimates that the cost of acquiring a customer for a company (such as a trading platform) is between $10 to $15. However, through Telegram mini-games, this cost can be much lower than $1. This is not only attractive to companies, but also makes the competitive environment more fair to a certain extent. Plotvinov stated that the earn-as-you-play game mode is not sustainable, meaning that players play games to make money, not because they enjoy playing games. Considering this, Notcoin has been trying to diversify, including releasing a new Telegram game called "Lost Dogs" in August. Notcoin also recently launched a game called "Not Pixel," which attracted approximately 17 million new users within a few weeks. In addition, with Notcoin's support, Helika launched a $50 million Telegram game accelerator earlier this year.
2024-10-23 15:24:04
Peter Todd forced into hiding after HBO documentary wrongly identified him as Satoshi Nakamoto
Canadian cryptographer Peter Todd, who was identified as Satoshi Nakamoto in the HBO documentary "Money Electric: The Bitcoin Mystery," has been forced into hiding. Todd claimed that documentary director Cullen Hoback used misleading evidence to come to the wrong conclusion, and that it has put him at risk of security threats, including potential kidnapping and robbery. Todd said he agreed to appear in the HBO documentary because he believed it was about the history of Bitcoin, not an attempt to uncover the truth.
2024-10-23 15:24:03
Fed's Daly: Inflation has fallen sharply and the labor market has returned to a more sustainable track
Fed's Daly said: the economy is clearly in a better state. Inflation has fallen sharply, and the labor market has returned to a more sustainable track.
2024-10-23 15:24:02
Crypto Options Traders Bet on Bitcoin to Reach Fresh Highs by End of November
According to Bloomberg, options traders in the crypto market are increasingly betting on bitcoin reaching new highs by the end of November. The $75,000 strike price has the highest open interest for options expiring on November 8, indicating a significant area of focus for the market during that time. Despite the upcoming U.S. presidential election, some traders believe that bitcoin will surpass its previous highs in the coming weeks. The rise in stablecoin liquidity and bitcoin transactions in October may contribute to this bullish sentiment.
2024-10-23 15:24:00
The Truflation attacker has exchanged 1.37 million DAI for 500 ETH and transferred it to eXch
PeckShield monitoring shows that the Truflation attacker has exchanged 1.37 million DAI for about 500 ETH and transferred it to eXch.
2024-10-21 14:22:31
Truth Terminal founder: The 1.25 million GOATs I personally hold will not be sold for the time being
On October 21st, founder of AI robot Truth Terminal, Andy Ayrey, tweeted that "I hold 1.25 million GOAT, which was given to me by others. I have airdropped some of them to friends and AI researchers. Since it started going crazy and causing CT speculation (good and bad), my tokens have not been traded."
2024-10-21 14:22:30
Influenced by the remarks of Eugene and the founder of Truth Terminal, GOAT rebounded 50% in a short period of time
On October 21st, according to market information, GOAT rebounded by 50% in the past 2 hours, now reporting at $0.31825 with a market value of $316 million.
2024-10-21 14:22:29
Art Basel Paris 2024 Showcases Louis Vuitton's Objets Nomades and Ledger's Generative AI Art Installations
Art Basel Paris 2024 showcased a variety of events, including Louis Vuitton's Objets Nomades collection and a pop-up restaurant with a monochrome theme. Ledger unveiled its new headquarters, 106T, during the event and partnered with ArtBlocks and Generative Goods to create unique physical pieces using generative artificial intelligence. Dior's La Galerie Dior exhibited over a hundred images by the late Peter Lindbergh, while We Are Ona hosted a dining experience with Alaïa and chef Jules de Saint Cyr. Additionally, ArtBlocks Engine collaborated with Shiseido on a digital art project called Future Reflections, featuring generative AI-powered pieces.
2024-10-21 14:22:27
Bank of Japan: Survey shows that about 80% of financial institutions are considering trialing or using generative AI
the Bank of Japan: Survey results show that currently about 30% of financial institutions have started using generative AI, and if including institutions that are in trial, about 60%, while institutions considering trial or use account for about 80%, indicating that the application of generative AI is rapidly expanding. (Jinshi)
2024-10-21 14:22:26
Art Basel Paris 2024 Showcases Exhibitions, Installations, and Partnerships with Luxury Brands and Digital Asset Security Company.
Art Basel Paris 2024 went beyond the Grand Palais center to showcase Louis Vuitton's Objets Nomades collection with Estúdio Campana and a pop-up restaurant in a Paris train station. The weeklong show at LV Dream space celebrated Estúdio Campana's 40th anniversary and featured six one-off pieces inspired by Brazilian folklore. Ledger unveiled its new Paris headquarters, 106T, during Art Basel Paris and partnered with ArtBlocks and Generative Goods to create one-of-a-kind physical pieces via generative artificial intelligence powered by ArtBlocks Engine. Shiseido collaborated with ArtBlocks Engine on a generative digital art project called Future Reflections, which was unveiled at Art Basel Miami 2023.
2024-10-21 14:22:25
Wombat Exchange: Velocore on the ZKsync chain forked Wombat's design without authorization, beware of the risks
On October 21st, Wombat Exchange announced on X that it had received reports that the ZKsync chain-based DEX Velocore had forked Wombat's design without authorization. Please proceed with caution as unauthorized copies may pose risks. DYOR and remain vigilant.
2024-10-21 14:22:23
Stablecoin issuer JPYC and Korean IT company ITCEN will cooperate in stablecoin research
On October 21st, according to CoinDesk Japan, stablecoin issuer JPYC and South Korean IT company ITCEN will conduct stablecoin research cooperation. The two parties have jointly signed a memorandum of understanding (MOU) and stated that they will not only research Japanese yen stablecoins, but also the possibility of stablecoins based on other currencies (such as the South Korean won).
2024-10-21 14:22:22
Japan's Democratic Party leader promises to cut cryptocurrency tax to 20% if elected
Yuichiro Tamaki, leader of the Japanese Democratic Party, has proposed a cryptocurrency tax plan that would lower taxes on cryptocurrency earnings to 20% if he is elected. Tamaki stated in a post on X that "if you believe that cryptocurrency assets should be taxed separately at a rate of 20%, rather than being treated as miscellaneous income, please vote for the People's Democratic Party." However, the plan may be far from implementation as the Democratic Party currently holds only 7 out of 465 seats in the Japanese House of Representatives (the lower house of the National Diet of Japan). According to Tamaki's plan, exchanging one cryptocurrency asset for another would not trigger any tax events.
2024-10-21 14:22:20