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FTX Hires a Former Model, Marks Its Entry Into the Luxury Market


After a boom in the last year, the cryptocurrency projects are working towards bringing this lucrative market to the mainstream business industries. Following this trend, FTX will now bring cryptocurrency to the $300 billion uncapped luxury market economy. The new announcement comes after...

Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad


The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, which has not yet been approved, changes some of the harsher penalties that were declared illegal...

Xbox Game Pass Will Soon Stop Taking Money From Inactive Accounts


Thanks to an investigation into online gaming subscriptions by the United Kingdom’s Competition and Markets Authority (CMA), Microsoft will soon improve the ways in which its Xbox Game Pass service handles auto-renewal, refunds, and inactive memberships. (h/t PC Gamer)Read more

CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0


CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors. AMM+: Leveling up the AMM model on a CeFi platform AMM+...

Regulator Reiterates Call for EU Ban on Proof-of-Work Mining


The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....

Sega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab


Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop...

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