🇹🇭 The Thai Cabinet has agreed to abolish corporate income tax and value added tax for companies issuing digital tokens for investment.
reuters.com
reuters.com
⛏ Canaan shared unaudited financial results for Q4 and full 2022, showing a significant decline towards the end of the year.
Total computing power sold in Q4 2022 decreased by 45.8% to 1.9 million Thash/s from 3.5 million Thash/s in the third quarter. To make matters worse, Canaan saw an 82.1% decline compared to Q4 2021.
theblock.com
Total computing power sold in Q4 2022 decreased by 45.8% to 1.9 million Thash/s from 3.5 million Thash/s in the third quarter. To make matters worse, Canaan saw an 82.1% decline compared to Q4 2021.
theblock.com
🔄 The #FTM Fantom Foundation has announced the release of a new version of the Fantom mainnet (go-opera version 1.1.2-rc.5) that includes significant improvements to P2P and events. Transaction/block processing time reduced by approximately 30%, Genesis file processing speed up to 3 times faster (except for Genesis archive files).
fantom.foundation
fantom.foundation
🥳🤝 #SUI The Sui Mysten Labs development team has signed a cooperation agreement with Alibaba Cloud.
twitter.com
twitter.com
🙋♂️ Bitget will open Arbitrum Futures (#ARBK) deposits on March 8 at 10:00 Moscow time. bitget.com
🇨🇳 #CBDC JD and the Bank of China have joined the Hong Kong Digital CNY digital yuan pilot project.
cryptonews.com
cryptonews.com
Cryptonews
JD, Bank of China Join Hong Kong Digital CNY Pilot
Major players have joined the Hong Kong-Mainland China “cross-border” digital yuan pilot, including the e-commerce giant JD.com and the Bank of China.
🙈📊 FTX balance is something. FTX owes $1.6B to #BTC users, while #BTC is only worth $1M on balance, for #ETH the difference is -$913M. Here is a rough breakdown of the assets (FTX, Alameda, etc.) that the liquidators have found in all vaults to date:
- $3.5 billion in "liquid" coins
- $1.7 billion in cash
- $800 million "illiquid" coins (#SRM, #MAPS, etc., also known as zero)
- $500 million #FTT (zero)
- $250 million (mainly GBTC)
- $4.5 billion in book value of venture capital investments (who knows how much that's really worth)
~ $5.5 billion of "liquid" assets
~ $11.5 billion in client commitments
- $3.5 billion in "liquid" coins
- $1.7 billion in cash
- $800 million "illiquid" coins (#SRM, #MAPS, etc., also known as zero)
- $500 million #FTT (zero)
- $250 million (mainly GBTC)
- $4.5 billion in book value of venture capital investments (who knows how much that's really worth)
~ $5.5 billion of "liquid" assets
~ $11.5 billion in client commitments
🙋♂️ CoinFLEX restructuring plan approved by Seychelles Court.
coinflex.com
coinflex.com
🇺🇸 US lawmakers will re-introduce a cryptocurrency tax reform bill. coindesk.com
CoinDesk
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021.
⛏ Hut 8 mined 156 #BTC in February. The total balance of #BTC held in reserve as of February 28 is 9,242.
prnewswire.com
prnewswire.com
💰 TrueBridge Investment Company to Raise $125M for New Blockchain Fund 'TrueBridge Blockchain I'.
💰 #SOL Solana-based NFT marketplace Tensor has raised $3 million in seed funding led by Placeholder VC.
theblock.com
theblock.com