Japan’s National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers. Token issuers in Japan no longer have to pay corporate taxes on unrealized cryptocurrency gains, according to a law revision by the National Tax Agency on June 20.  The tax exemption goes into effect nearly...Continue Reading

Bitcoin and Ether’s recovery has improved traders’ sentiment, which could trigger buying in ARB, VET, and STX. Bitcoin (BTC) made a new 52-week high on June 23, indicating that bulls are on fire. Buyers have managed to hold onto a large part of the gains made during the week, signaling that they are in no...Continue Reading

The 5-year U.S. Treasury yield reached its highest level in 3 months, but the typical inverse correlation-based price action with Bitcoin might not work this time. United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative,...Continue Reading

AWS is building a $100 million AI center to keep up with increasing competition in cloud infrastructure services. Amazon’s cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence. According to Bloomberg, the upcoming AWS Generative AI Innovation Center...Continue Reading

The Terra Allies senior engineering full stack team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as LUNC holders. After a joint governance proposal on liquid staking derivatives in Terra Luna Classic (LUNC), a new proposal has emerged for the next quarter, suggesting the formation of a dedicated...Continue Reading

Bitcoin price strength across the board continues into a weekly close that analysis says should stay above $30,000. Bitcoin (BTC) tapped $31,000 for a third time this year on June 25 as the weekly close promised volatility. BTC/USD 1-hour chart. Source: TradingView BTC price challenges $31,000 Data from Cointelegraph Markets Pro and TradingView showed BTC...Continue Reading

Users can view account balances through a Network Explorer or programmatically retrieve them via the mirror node REST API, which the plugin will utilize. A convergence of blockchain and artificial intelligence (AI) has occurred between ChatGPT and HBAR, the native cryptocurrency of Hedera Hashgraph. By capitalizing on the decentralized characteristics of blockchain networks, ChatGPT can...Continue Reading

The MetaBirkin creator argued that his project was protected under the first amendment as artistic expression, however that defense ultimately fell short. French luxury fashion house Hermès International has notched another win in its infringement case against artist Mason Rothschild, after a Manhattan judge ordered a permanent injunction on all “MetaBirkin” non-fungible token sales. Hermès...Continue Reading

The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an exec, but ultimately he didn’t cover his tracks well. British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in U.S. prison for his role in stealing $794,000 worth of cryptocurrency...Continue Reading