Australian Tax Office warns: taxpayers on the hook for crypto tax earnings
Officials are concerned that many investors may not be aware crypto trading is taxed in a similar way to share trading.
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Singapore’s UOB and ADDX exchange partner on US$37 million sustainability-linked digital bond
Singapore’s United Overseas Bank (UOB) and digital securities exchange ADDX today announced the digitization of a S$50 million (US$37 million) sustainability-linked bond using blockchain and smart contract technology. Fast facts The bond allocation was part of a S$675 million (US$496 million) sustainability-linked bond issued on Sept. 29 by Singapore-based energy provider Sembcorp Industries, through its…
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Sky Mavis receives $3B valuation in funding round amid tumultuous period for Axie Infinity
Sky Mavis, the company behind leading non-fungible token game Axie Infinity, has raised US$152 million in a Series B funding round with a valuation of nearly US$3 billion, according to news outlet The Information. Fast facts Led by venture capital firm Andreessen Horowitz, Sky Mavis said it will use the funds to improve its blockchain…
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Bitcoin price crosses $50K, but market dominance continues falling
This is the second time the world’s largest cryptocurrency has hit the mark in recent months. Does that mean this price point is here to stay?
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Axie Infinity revenue plunges, while AXS price breaks new ground
It’s been quite a run for the world’s leading play-to-earn game, but as its monthly revenue takes a hit, what’s in store for the future of the game?
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Central and Southeast Asia among fastest-growing regions in global crypto adoption: Chainalysis
Much of the growth in the region is driven by strong grassroots adoption rates led by Vietnam, India and Pakistan, new data from Chainalysis shows
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South Korean game developer, crypto exchange team up for next level gaming
Mobile game company Gamevil buys a large share of crypto platform Coinone, planning to develop blockchain-based gaming.
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A crypto-trading hamster is outrunning Warren Buffett
Although scarcely the size of a human palm, Mr. Goxx is earning big returns in the virtual currency market, raking in a 16% return as of Tuesday.
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After the crackdown: go underground, go along, or buy the dip?
Chinese social media has been abuzz since authorities lowered the boom on crypto. Forkast.News has been following the chatter. Here’s what they’re saying on Weibo, the Chinese equivalent of Twitter.