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news-imageNovember 28, 2024

Hong Kong Proposes Crypto Tax Breaks for Asset Managers and Elite Investors

Hong Kong proposes tax exemptions on crypto gains, private credit, and carbon credits to attract elite investors.
Publisher: Coinspeaker
Sentiment: Positive
General

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Positive
cover-imageCoinPedia
November 28, 2024

HyperLiquid Announces Airdrop Of 310M HYPE Tokens

HyperLiquid, a decentralized perpetual exchange, has recently announced the launch of HYPE, a native token that will be airdropped to early adopters on Friday. The total supply of HYPE tokens is capped at 1 billion, with the distribution allocated in the following manner: 38.

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Negative
cover-imageCoinPedia
November 28, 2024

Binance Hit with UK Lawsuit Over Bribery Allegations By Ex-Employee Amrita Srivastava

Amrita Srivastava, a former Binance Holdings executive based in London, sued the cryptocurrency exchange in the United Kingdom for bribery allegations. According to Srivastava, who worked on Binance's Link platform that connected external brokers and customers to the exchange, a co-worker took money to ostensibly speed up integration to the firm.

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Positive
cover-imageUToday
November 28, 2024

Coinbase Lawyer Highlighted Critical Win for Crypto Industry

In a landmark decision, the Fifth Circuit Court ruled that in the U.S. it is illegal for the Treasury to impose sanctions on Tornado Cash smart contracts. This ruling supports liberty and privacy and represents a major win for the crypto community.

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Neutral
cover-imageAltcoin Buzz
November 28, 2024

Trump Explores CFTC Control Over Crypto Regulation

US President-elect Donald Trump appears set to appoint the US Commodity Futures Trading Commission (CFTC) to oversee the crypto industry. This appointment will put the CFTC ahead of the Securities and Exchange Commission (SEC) in regulating the crypto industry.

general-iconGeneral
Positive
cover-imageCrypto Economy
November 28, 2024

MetaMask Introduces Venmo Payments for Seamless Crypto Purchases in the U.S.

TL;DR MetaMask integrates Venmo for seamless crypto purchases, simplifying the process for U.S. users. Powered by Moonpay, the integration ensures secure and efficient transactions, attracting a broader audience. This move lowers barriers to entry, promoting mainstream adoption of cryptocurrencies in the U.S.

general-iconGeneral
Negative
cover-imageCoingape
November 28, 2024

XT Exchange Confirms Hack, All Crypto Withdrawals Suspended

XT Exchange, a 23rd-ranked centralized crypto exchange, is hacked and lost crypto worth more than $1.7 million. Following the breach, the exchange has suspended all coin withdrawals, citing wallet upgrades.

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Negative
cover-imageUToday
November 28, 2024

$3 Billion Crypto Exchange XT Allegedly Hacked, According to PeckShield

XT Exchange has temporarily suspended withdrawals for all digital assets following what appears to be a security breach. Blockchain security firm PeckShield has reported that the exchange may have been compromised, with the attacker allegedly stealing $1.7 million in cryptocurrencies and converting the funds into Ethereum.

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Negative
cover-imageCryptoSlate
November 28, 2024

Crypto debanking wave tied to political figures, Coinbase CEO Brian Armstrong alleges

Coinbase CEO Brian Armstrong has revealed ongoing efforts to obtain documentation through the Freedom of Information Act (FOIA) to uncover US banks' full scope of crypto-related account closures. In a Nov. 27 post on X, Armstrong “confirmed” that several banks have cut ties with crypto stakeholders solely due to their involvement in the industry.

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Positive
cover-imageCoingape
November 28, 2024

4 Reasons Why the Crypto Market Is Up Today?

November is the most bullish month of the year, with the Coinglass monthly Bitcoin returns report indicating a +36.29% increase, which is more than 3x the Uptober. The same stats would have been even higher if the crypto market had not witnessed a crash yesterday, but that has changed today.

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Positive
cover-imageBlockonomi
November 28, 2024

OKX Launches Crypto Trading Services in Belgium Under EU License

Cryptocurrency exchange OKX has launched its trading platform and wallet in Belgium, offering euro trading pairs and free deposits through Bancontact, while operating under Malta's regulatory framework rather than direct Belgian approval.

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Negative
cover-imageCoinPedia
November 28, 2024

Crypto Scam Alert: Serpent, Ex-Fortnite Star, Defrauds $3.5M in Rug Pull

A threat actor, ‘Serpent' who used to play Fortnite professionally hailing from Australia has been accused of being involved in a crypto scam that made away with $ 3.5 million. Nevertheless, his being part of the esports organization over time can be noted.

general-iconGeneral
Negative
cover-imageCointelegraph
November 28, 2024

Russian gov't approves new crypto taxation framework

The Russian Federation Council's approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia's national currency, the ruble.

general-iconGeneral
Positive
cover-imageAltcoin Buzz
November 28, 2024

MetaMask Lets US Clients Buy Crypto with Venmo

Now, you can use Venmo, a payment app many Americans already love, to buy crypto directly in MetaMask. MetaMask is a wallet where you can store, send, and receive crypto.

general-iconGeneral
Positive
cover-imageCoingape
November 28, 2024

2025 Account Abstraction Trends: Our Senior Smart Contract Engineer Weighs In

At Trust Wallet, we're constantly innovating to ensure our users enjoy a secure, seamless, and cutting-edge experience. Recently, our Senior Smart Contract Engineer, David Kim, dived deep into the latest advancements and trends in wallets, smart wallet protocols, and chain abstraction technologies during Devcon, dubbed as “the Ethereum conference for developers, researchers, thinkers, and makers”.

general-iconGeneral
Positive
cover-imageCoingape
November 28, 2024

Breaking: Hong Kong Plans To Follow Donald Trump To Exempt Crypto Tax

Hong Kong plans to exempt crypto tax for private equity funds, hedge funds, and other investment vehicles for high-net individuals (HNIs). This move comes as it seeks to attract foreign capital and establish itself as a finance and cryptocurrency hub in the Asia region.

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Negative
cover-imageCoinPedia
November 28, 2024

Russia's New Crypto Tax Bill: What Miners and Traders Need to Know

Russia is making waves in the crypto world with a new tax bill that could change how mining and trading are handled. The Federation Council, the country's upper house of parliament, has given the green light to the bill, which sets the stage for tighter regulations on digital currencies.

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Negative
cover-imageBitcoinist
November 28, 2024

Ohio Man Loses Life Savings in $425K Crypto Scam—Here's How It Went Down

As the crypto market continues to offer lucrative opportunities for investors, it has also attracted malicious actors who consistently devise new schemes to defraud inexperienced or beginner investors. The latest press release by the US Department of Justice (DoJ) highlighted a recent example of such fraud.

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Positive
cover-imageCryptonews
November 28, 2024

Hong Kong Aims to Exempt Hedge Funds and Super-Rich from Crypto Tax

Hong Kong is propoposing tax exemptions on crypto, private credit and other profits for funds and wealthy investors. The post Hong Kong Aims to Exempt Hedge Funds and Super-Rich from Crypto Tax appeared first on Cryptonews.

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Positive
cover-imageCryptoSlate
November 28, 2024

JMJ Mach: Revolutionizing luxury watches with blockchain and NFTs

In an era where luxury brands are gradually embracing blockchain technology, JMJ Mach is taking a bold step forward by combining traditional watchmaking with NFTs and blockchain in a way that goes beyond simple authentication.

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Negative
cover-imageCryptopolitan
November 28, 2024

Crypto founders reveal how they were debanked by America under Biden

Crypto founders are accusing the Biden administration of using America's banking system as a weapon to crush the crypto industry. The allegations, detailed in a heated discussion on X, center on accusations that banks were pressured to sever ties with blockchain firms.

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Neutral
cover-imageThe Daily Hodl
November 28, 2024

Beyond Blockchain – Top Companies Building on the Telegram Mini App Ecosystem

Telegram mini apps are rapidly changing how businesses interact with their customers, offering lightweight and easily accessible tools within the popular messaging platform.While the blockchain and cryptocurrency sectors have been early adopters, companies in various other industries are also recognizing the potential of mini apps to reach Telegram's massive and engaged user base.

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