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Russian Parliament Adopts Tax Rules for Digital Assets


Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes...

Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys


Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn...

Lending Tokens See Broad Declines in June, But One Altcoin Stands Out


  Lending and borrowing in the crypto space are facing scrutiny, with many blaming just that activity for the latest crypto market sell-off. But how have the tokens in this category really performed during the market rout? We took a look to find out. The list contains tokens in the Lending...

Tether Launches Stablecoin Pegged to the British Pound Sterling


Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT....

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services


Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale


The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine...

Gnox (GNOX) & Dogecoin (DOGE) are Top Accumulated Tokens by BNB Whales


Introduction  BNB whales have lately been concerned with 2 cryptocurrency tokens, the new and the old. The first is the venerated Dogecoin, and the 2nd is GNOX – a DeFi utility coin. Now, please take a look & examine where they originated from & where they might be going.  Dogecoin...

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