[ad_1] Funding agency Tiger International has reportedly marked down a number of investments, together with stakes in common nonfungible token (NFT) tasks just like the Bored Ape Yacht Membership (BAYC) assortment and NFT market OpenSea. Citing nameless sources, media outlet Bloomberg reported that the funding firm marked down its stakes on BAYC by 69% and on OpenSea by 94%. As well as, the corporate additionally slashed valuations for a number of different
[ad_1] Bitcoin (BTC) returned to $38,000 on Dec. 1 after the November month-to-month shut turned its greatest since April 2022.BTC/USD 1-hour chart. Supply: TradingViewBitcoin bears fail to spark month-to-month shut sell-offKnowledge from Cointelegraph Markets Pro and TradingView tracked spectacular in a single day BTC value efficiency,which held key assist.The shut got here in at simply over $37,700, with bid liquidity preserving the intraday vary and avoiding a last-minute sell-off, per
[ad_1] Open Trade Token (OX), the native token of the crypto chapter claims platform OPNX, spiked 50% simply 20 minutes after co-founder Su Zhu supposedly posted to X (Twitter) for the primary time since his arrest.On Dec. 1, Su posted a easy “gm” — an abbreviation for “good morning” — marking his first X put up since Sept. 29, the identical day he was arrested at Singapore’s Changi Airport trying
[ad_1] Australia's controversial new tips for cryptocurrency taxation must be ignored for being unclear and may most likely be seen as “rest room paper,” in response to an Australian legislation agency.On Nov. 9, the Australian Tax Workplace (ATO) launched steering that would influence how traders and merchants concerned in decentralized finance report their taxes. In a Nov. 27 weblog, Cadena Authorized famous the steering was "non-binding” as an alternative of
[ad_1] A United Nations company tasked with serving to international locations eradicate poverty is ready to upskill its 22,000 workers in blockchain expertise, with the last word purpose of serving to international locations obtain “sustainable improvement” progress. In line with a Nov. 30 assertion, the United Nations Growth Programme (UNDP) has partnered with the Algorand Basis to launch a blockchain academy in 2024. The academy will serve the UNDP's 22,000 workers
