VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform

Post Views: 199 The VAST backers are made up of leading visionaries in the blockchain space whose portfolios form much of the backbone of blockchain infrastructure and innovation. Initial seed investors include: Huobi Ventures, Polygon Studios, HyperEdge Capital, GHAF Capital, SL2 Capital, PrimeBlock Ventures, GBV Capital, NGC, Spartan, IVC, Skyman Ventures, LD Capital and Quantstamp….

Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon

Post Views: 194 The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT’s launch will officially start on Polygon, Ethereum, and Tron….

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

Post Views: 172 Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Members of the Assembly of the Republic, Portugal’s…

Chinese Indexes Company Launches Hang Seng Metaverse Index

Post Views: 225 A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng Family of…

JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’

Post Views: 286 JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with hedge funds.” Global investment bank JPMorgan published a bullish note on bitcoin…

Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day

Post Views: 229 Following a bearish start to the day, XMR climbed to a two-week high during today’s trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own. Monero extended a recent bullish streak during today’s…

A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens

Post Views: 231 According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been amended and the final release of the new…

Thailand Exempts Crypto Transfers From VAT Until End of 2023

Post Views: 257 Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. According to the document, the main purpose of the tax relief…