Marie Fitzgerald
The Thai government has decided to exempt crypto transfers from value-added tax (VAT) payments until December 31, 2023, following a royal decree, the Bangkok Post reported.
The new ruling states that crypto and digital asset transfers on regulated exchanges will not require 7% VAT payments until the start of...
Hong Kong-based crypto-financial lender Babel Finance has raised $80 million in Series B funding at a valuation of $2 billion.
In this round of funding, investors include Times Capital and 10T Holdings Circle Ventures, existing shareholders Dragonfly Capital and BAI Capital, and some family offices in the Asia-Pacific region.
Del...
Web3 technology provider Sortium Blockchain Studio has launched the first 3D living NFT called "Kymera" based on-chain DNA.
The 3D bio-emergency feature-enabled algorithm introduced this time was designed using the genetic CRISPR DNA that exists in living creatures. The core of Kymera is NFT encoding with an on-chain genetic algorithm and...
Financial tycoon, JPMorgan Chase (JPM), announced to use of blockchain technology in the collateral settlement, planning to expand to other asset types such as equities and fixed income, according to Bloomberg.
JPMorgan Chase used cryptocurrency tokens for collateral in traditional financial asset transactions for the first time on May...
To enhance the growth of the TON community through the native token Toncoin, Singapore-based crypto exchange Bit.com has rolled out a savings product.
Toya Zhang, Bit.com’s CMO, said:
“By supporting the TON blockchain, Toncoin’s on-chain deposit and withdrawal fees will be much more affordable. Together with the 200% APY rewards,...
Huobi Global announced on Thursday that it has acquired Bitex, one of the first regional crypto exchanges in Latin America, as part of its efforts to expand its presence in the rapidly growing region.
The financial transactions of the deal were undisclosed in this acquisition.
While Bitex was established in...
Less than 10 days after launching the spot trading option, crypto exchange platform BitMEX reached a new milestone by hitting a daily trade volume of $24 million recently.
According to Alexander Hoptner, BitMEX’s CEO, the significant 24-hour trade volume illustrated a strong desire by institutional and retail investors to...
OKX, a global cryptocurrency exchange and web3 platform, announced on Thursday that it has partnered with Daniel Ricciardo, McLaren Racing Formula One driver and crypto trading enthusiast.
Ricciardo will serve as an OKX ambassador role during the 2022/23 racing season based on the partnership.
OKX and Ricciardo will collaborate...
Ark Investment Management, the investment company, tagged with Cathie Wood, is taking another dig at a spot Bitcoin Exchange Traded Fund (ETF) product.
This latest application is still filed in partnership with European ETF issuer, 21Shares. It came after about a month when the United States Securities and...
Twitter investors are out for Elon Musk, the Chief Executive Officer of electric auto manufacturer Tesla Inc for causing them some punitive damages.
According to The Guardian and multiple sources, the group of investors said Elon Musk saved himself about $156 million for failing to disclose that he...
