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Thailand Offers Crypto Tax Break to Promote Investment Tokens


The Thai government has approved crypto tax break for individuals holding investment tokens, looking to encourage the use of these tokens for fundraising purposes. The post Thailand Offers Crypto Tax Break to Promote Investment Tokens appeared first on Cryptonews

Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April


The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April. The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...

Nigeria Targets Binance for User Data in Crypto Crackdown


Nigerian authorities have reportedly requested Binance to provide information on its top 100 users in the country, along with its entire transaction history for the past six months. The post Nigeria Targets Binance for User Data in Crypto Crackdown appeared first on Cryptonews

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022


Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.  The post Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022 appeared first on Cryptonews

EU Cracks Down on Crypto in Sanctions Evasion Fight


European Union (EU) lawmakers have taken decisive action to bolster efforts to tackle sanctions violations, including those involving cryptocurrencies. The post EU Cracks Down on Crypto in Sanctions Evasion Fight appeared first on Cryptonews

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