India will impose a tax of 30% on income from cryptocurrencies and other digital assets, finance minister Nirmala Sitharaman announced during the country's annual budget speech. … [Read more...] about India to tax crypto and NFTs profits at 30%
Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
During the recent earnings call, Visa stated that its customers made $2.5 billion in payments using its crypto-linked cards during the first fiscal quarter of 2022. That’s over 70% of the company’s total crypto volume during its previous fiscal year, signalling increased adoption of digital asset payments. … [Read more...] about Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
Gemini acquires trading technology platform Omniex
Gemini, the New York-based cryptocurrency platform run by the Winklevoss brothers, has acquired trading technology provider Omniex to aid its push into services for institutional investors. … [Read more...] about Gemini acquires trading technology platform Omniex
Next-Gen comics app Macroverse announces the launch of fully customizable DeadTown Zed NFT avatar zombies
Eisner nominated comics producer Macroverse launches its first series of NFT Avatars: DeadTown Zeds dropping 2/9/22! Uniquely, these Zombie characters are FULLY CUSTOMIZABLE, which means every attribute is chosen by the collectors. From freshly dead to fiendishly foul, YOU get to decide what your zombie looks like! … [Read more...] about Next-Gen comics app Macroverse announces the launch of fully customizable DeadTown Zed NFT avatar zombies
FTX US raises $400 million at $8 billion valuation
FTX US, the American affiliate of cryptocurrency exchange FTX, has raised $400 million in Series A funding round. … [Read more...] about FTX US raises $400 million at $8 billion valuation
Animoca Brands raises $360 million at $5 billion valuation
Animoca Brands, a Hong Kong-based metaverse startup focused on NFTs and gaming, has raised $358,888,888 in a new funding round and is now valued at over $5 billion. … [Read more...] about Animoca Brands raises $360 million at $5 billion valuation
FTX launches $2 billion venture fund
Crypto derivatives exchange FTX has set up a $2 billion fund FTX Ventures to invest in crypto-industry startups, the Wall Street Journal reported, citing Amy Wu, who heads the fund. … [Read more...] about FTX launches $2 billion venture fund
Rio de Janeiro’s mayor plans to allocate 1% of the city’s reserves in crypto
Eduardo Paes, mayor of Rio de Janeiro, revealed that he plans to allocate 1% of Brazil's second-most populous city's treasury reserves to cryptocurrencies. … [Read more...] about Rio de Janeiro’s mayor plans to allocate 1% of the city’s reserves in crypto