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Indonesia sees a 62% fall in cryptocurrency tax revenue


Indonesia encountered a significant 62% reduction in its cryptocurrency tax revenue for the year 2023, notwithstanding the noteworthy appreciation of Bitcoin’s worth. Throughout the year, cryptocurrency transactions generated a cumulative tax revenue of $31.7 million. The purported cause...

Helldivers 2 Players Losing It Over The Fall Of 'Robot Vietnam'


If you’ve heard of or seen Helldivers 2, a co-op third-person shooter inspired by the movie Starship Troopers, you more than likely caught a glimpse of Malevelon Creek. It’s one of the game’s playable planets, controlled by one of two enemy factions, the automatons. You likely haven’t heard...

Peter Thiel’s VC Firm Founders Fund Made $200M Crypto Bet Last Year


San Francisco-based venture capital firm Founders Fund has once again jumped on the crypto bandwagon. Reuters reported on Monday that Peter Thiel’s VC allocated $200m toward crypto from late summer to early fall of 2023. Half of this investment was directed towards Bitcoin, with the other...

Kadena’s hashrate reaches ATH despite a fall in Bitcoin


Kadena has announced that it has achieved an important milestone as hashrate touches an ATH of 666.88 PH/s, that is, Petahashes per second. This has been termed incredible considering there is a decline in Bitcoin. It is also incredible since the lowest it has ever been was 63.19 PH/s. The...

Monthly NFT Sales on Bitcoin Fall 62% + More NFT News


There has been a lot of greenery on the non-fungible token (NFT) charts over the past 24 hours. The total sales volume is up 12.5% to $34,820,790, per CryptoSlam. Buyers, sellers, and transactions are all up 3%-8%. The top collection by sales volume today is LockDealNFT, with $2.7 million. It’s...

Indonesia Sees Sharp Decline in Crypto Tax Revenue, Falling 63% in 2023


The Indonesian government has reported a significant decline in crypto tax revenue for 2023, amounting to $31.7 million (Indonesian Rupiah 467.27 billion), according to a report by local news outlet Kontant. The fall marks a sharp 63% drop compared to the partial collection period in 2022 when...

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