Hong Kong To Follow Trump’s Lead on Crypto Tax Exemptions
Hong Kong government is considering a crypto tax exemption for equity and hedge funds in response to the strong industry push after Donald Trump’s victory. Hong Kong has announced plans to exempt cryptocurrency taxes for private equity funds, hedge funds, and other investment vehicles aimed at high-net-worth individuals (HNIs). This initiative is part of the region’s […]
Uniswap Hits Record L2 Volume as DeFi Demand Surges
Uniswap has seen record monthly volume across Ethereum L2s, and one analyst says it’s an early hint of Ethereum ecosystem outperformance. Uniswap has achieved a new monthly volume record on Ethereum layer 2 networks as interest in decentralized finance (DeFi) surges. Data from Dune Analytics reveals that Uniswap recorded $38 billion in trading volume across Ethereum layer-2 solutions […]
ZachXBT Alleges Ex-Pro Fortnite Player Involved in $3.5M Memecoin Scam
ZachXBT’s investigation has linked addresses connected with a former professional Fortnite player and cybersecurity analyst to multiple high-profile account takeovers. Blockchain investigator ZachXBT has accused an Australian former professional Fortnite player and blockchain security analyst of orchestrating memecoin scams that allegedly stole approximately $3.5 million. In a thread posted on X on November 27, ZachXBT […]
Algorand (ALGO) Price To Reach $1 Soon?
Algorand’s (ALGO) price bullish rally approaches $0.31 resistance, with a double bottom pattern indicating a breakout to $1 targets. Algorand (ALGO) has experienced a bullish rally over the past week, with its price rising by more than 40%. This surge has sparked speculation among analysts about a potential breakout, raising questions about whether ALGO could soon reach […]
Tether Halts EURT Stablecoin, Here’s Why
Tether discontinues EURT and urges redemption by November 27, 2025, instead focusing on MiCA-compliant EURQ and USDQ stablecoins with Hadron platform. Tether, the leading stablecoin provider, has announced it will discontinue support for its euro-backed stablecoin EURT, with redemption available until November 27, 2025. The company revealed that it stopped minting EURT in 2022, emphasizing that […]