Chinese city releases policy draft for metaverse industry development

Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors.The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi Alliance, Hashed, and a number of individuals such as Alan Howard, co-founder of…

The ATO said it already knows who is invested in cryptocurrencies and expects cooperation. 1742 Total views 3 Total shares The Australian Tax Office has urged citizens to accurately report any profits made in the process of trading cryptocurrencies like Bitcoin (BTC), as it anticipates tax filings from a pool of 600,000 Aussies who it…

Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold 12 months after acquisition. 448 Total views 33 Total shares The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and…

The influencer claimed on March 21 that he had a warrant for his arrest over emails to a judge. Crypto influencer Ben Armstrong, also known as “BitBoy,” has been arrested in Florida after disclosing on social media just days ago that a warrant was out for his arrest. Florida’s Volusia County Division of Corrections listed

Binance founder and CEO Changpeng Zhao, otherwise known as CZ, believes that the African continent holds some unique opportunities for cryptocurrency adoption and development. The Binance leader provided a number of interesting insights during an exclusive “ask me anything” session hosted on Zoom for key members of the African cryptocurrency community, which Cointelegraph participated in.Binance,…

Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually, such tight ranges are followed by an expansion in volatility.Although a few analysts have not ruled out a quick drop to low $40,000s, most traders expect Bitcoin to rebound sharply…

Line Next will use a part of the $140 million fund to introduce new Web3-focused services, which include a social app that uses AI-generated characters and Web3 games. Line Next, a venture dedicated to the growth of the nonfungible token (NFT) ecosystem, has raised $140 million as it prepares to launch a global NFT marketplace in