South Korea has amended its law to charge a 20% tax on crypto earnings above 2.5 million KRW. The tax amendments should be approved by the parliament.
Peirce revealed her disapproval of the earlier SEC actions against the 2018 Telegram ICO. The action caused Telegram to abandon its TON blockchain project.
Bitcoin is going to reach $1 trillion in settlement in 2020, while stablecoins have already seen their biggest year ever. The stablecoin monetary base increased by $3.8 billion.
The developers of the Ethereum 2.0 project will launch the network final public testnet on August 4, reaffirming the possibility of the release of ETH 2.0 in 2020.
Wall Street investors are closely waiting for Tesla Q2 2020 results that may boost TSLA inclusion in the S&P 500. The company has already set the expectations high by announcing 30% more vehicle deliveries in Q2.
DeFi is currently growing by nearly half a billion per week in used or ‘locked’ assets, with it coming close to $2 billion just two weeks ago while now it is ready to surpass $3 billion.
Whale Alert has recently published the report in which it states that Satoshi Nakamoto, a mysterious founder of Bitcoin (BTC) also known as Patoshi, is supposed to mine 1,125,150 BTC what worth around $10.9 billion.
Robinhood has announced plans to suspend the proposed launch of its trading app in the UK as it wants to focus on its business in the U.S.
European leaders have agreed to borrow $858 billion from financial markets and distribute around half of it as grants and the rest as loans to EU countries.
While Digitex introduced itself as the next-gen crypto futures platform, it doesn’t shy away from the other popular niches. Digitex has promised it will launch its own version of crypto spot trading (commission-free) as well as non-custodial accounts.
With the Mustang Mach-E 1400 expected to debut in the NASCAR race soon, Ford Motor will look to solidify its position. F stock price is growing.
Jeff Bezos’ wealth is growing. There are more than a few reasons for this apart from the fact that Amazon is filling gaps.
eBay and Adevinta announced a definitive agreement for eBay to transfer its Classifieds business to Adevinta. This move will significantly strengthen both entities and see them compete with major e-commerce businesses.
Virgin Galactic (SPCE) now has new Chief Executive Officer and Chief Space Officer. SPCE stock is in the green.
Despite the COVID-19 slowdown, IBM managed to deliver better-than-expected results for Q2 2020. The company said that many small businesses that were using IBM’s services have turned cash conservative and now want to spend less.