Hong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases
This new software, FinTax, will make tax calculations for crypto assets easy.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
This new software, FinTax, will make tax calculations for crypto assets easy.
Per the Notcoin compensation plan for the losses that users may have incurred during the Notcoin listing, the TON ecosystem has decided to credit an additional 10% of the deposited coins to those who chose Wallet to receive Notcoin.
With the approved plan to distribute $3 billion to customers, Gemini is poised to commence fund distributions to those affected by the Genesis liquidity crisis in 2022 through its Earn program.
The new achievement by Notcoin offers insight into the future of decentralized applications, as developers can also leverage Telegram and TON blockchain ecosystems to create innovative and formidable projects.
The depeg situation of Synthetix’s sUSD has once again highlighted the vulnerabilities within DeFi systems and the impacts of liquidity shifts.
The recent strong performance being demonstrated by FTM token is an indicator that Fantom’s strategic initiatives may be beginning to bear fruit.
To set up their digital yuan wallets, Hong Kong residents just need their local phone numbers. Hong Kong is currently conducting this pilot program for e-CNY within the Greater Bay Area.
The surge in LINK price can be attributed to the announcement of the partnership between DTCC and the decentralized Oracle network.
The lawsuit claims that Dolce & Gabbana failed to deliver the NFTs and the promised benefits on time.
During the airdrop, half of the token will be given to the developers through Blast Gold, while the other half will be shared with early users
Interface fees on Uniswap are the charges incurred by traders when executing token swaps using the protocol’s wallet interface and web app.
Bybit has announced a 2% cashback in USDT for all users, who spend crypto or fiat using the exchange’s Bybit card.
The data revealed by Statista suggests that the average revenue per user in the NFT market in 2024 is over $162. This statistic is particularly surprising for many who ever thought that NFTs may no longer be a thing.
In contrast to SEBI’s standing on crypto, the RBI is taking a more cautionary approach towards the emerging economy.
In order to take advantage from institutional investors, Bakkt has launched the BakktX, a revolutionary type of electronic communication network (ECN) designed specifically for institutional crypto trading.