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Finance Committee Approves Legislation Delaying Crypto Tax in South Korea


Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...

Moonlift Announces Rebranding Changes Name to Moonlift Capital


PRESS RELEASE. Blockchain protocol Moonlift has unveiled a new name and new product release as part of an extensive rebranding initiative. The blockchain project will be known as MoonLift Capital and launch a decentralized exchange that allows token swaps and liquidity mining features. MoonLift...

Nigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round


A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the exchange, will be used to expand its operations...

Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising


The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...

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