Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users


Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player...

Ethereum and altcoins plunge as bear market takes hold


The price of Ethereum and other altcoins has dropped to levels not seen in weeks. The Bitcoin (BTC) market and other DeFi token markets likewise recorded this pessimistic forecast.  If the entire crypto space is considered, there has been an overall downfall of 4.8%, with the figure standing...

Wallet on Telegram Extends 50% APY for USDT Promotion


Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during the first two weeks. The app also announced that...

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