According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company (SPAC) deal with Blue Safari […]
China Fines Bitmain $3.6 Million for Tax Violations, Report
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices […]
G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies
The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including the G7 public policy principle for retail CBDC,” said Japan’s Vice Minister […]
BRICS Nations Push to Expand Global Influence to Counter the West’s ‘Destructive Actions’
The BRICS nations are focusing on increasing their international roles and “enhancing coordination on key multilateral platforms,” Russia’s Minister of Foreign Affairs reportedly revealed after a meeting with BRICS ambassadors. He stressed “the need for joint efforts to counter destructive actions aimed at destroying the established security architecture.” BRICS Seeks Expand Global Influence Russia’s Minister […]
Adidas Triggers the ALT[er] Egos With NFT
Adidas’ latest NFT drop has eight different ALT[er] egos. This is Phase 3 for the Adidas NFT with 3 chapters in the plan. Adidas, the brand well-known for its sneakers and sports garments, is extending its presence in the digital world. Adidas made an entrance into the Web3 world during the year 2021 via “Into […]
Elon Musk Offers 1 Million Dogecoin (DOGE) for This
Tesla and SpaceX founder to give away 1 million DOGE for truth about mystery mine
Adidas Launches New NFTs for ‘Into The Metaverse’ Holders
Reading Time: 2 minutesAdidas has released a new NFT collection for those holding its ‘Into The Metaverse’ collectibles The sneaker manufacturer dubbed the new NFTs ALTS by Adidas accessible by burning collectibles in the earlier collection The new collection features dynamic NFTs with varying rarity Leading sneaker manufacturer Adidas has released a new NFT collection […]
Universal Music Group tells streaming services to block AI-generated music
Amid the current influx of AI-generated content, Universal Music Group told music streaming platforms like Spotify and Apple Music to block any AI-generated music.
Bitmain Fined $3.6 Million for Tax Violations
Reading Time: 2 minutesBitmain has been fined $3.55 million over tax violations Chinese authorities found tax irregularities in its income tax payments The company is also facing lawsuits over its bonus practices Bitmain, one of the largest manufacturers of cryptocurrency mining devices, has been fined more than $3.5 million for failing to pay taxes according […]
Defunct FTX Planning Relaunch in Q2, Recovers $7.3 Billion
The sum recovered is more than $800 million since January. The company is also exploring a relaunch in the second quarter. FTX, a defunct cryptocurrency exchange, has recouped nearly $7.3 billion in cash and digital assets. In addition, the company’s counsel during a recent bankruptcy court hearing said the sum recovered is more than $800 […]