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NFTs seized by UK tax authorities for the first time
- February 15, 2022
- Posted by: MasterAdmin
- Category: Altcoins
No CommentsIllustration by Alex Castro / The Verge
The UK’s tax department, Her Majesty’s Revenue and Customs (HMRC), says it’s the first authority in the country to seize an NFT, BBC News reports. The seizure was made as part of a £1.4 million (roughly $1.9 million) fraud case, in which three individuals have been arrested. The authority seized £5,000 worth of crypto assets (around $6,762) alongside three NFT artworks which have yet to be valued.…
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Binance invests $200 million in Forbes just two years after suing it for defamation
- February 12, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images
Forbes has announced that Binance, “one of the world’s largest cryptocurrency and blockchain infrastructure providers,” is making a $200 million investment to own a part of an “iconic business information brand.” That money is part of a $400 million private investment in public equity (PIPE) arrangement set up for Forbes to go public by merging with a special purpose acquisition company, or SPAC.…
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Why I’m Investing $1 Million In BitClout
- February 11, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
I’ve decided I’m going to invest $1 million in BitClout the blockchain-based, crypto-currency powered social network that is all the rage (at least within some circles).
If you don’t know what BitClout is, I think my earlier post “What’s BitClout?” is a decent overview.
OK, back to that million dollar thing. To be clear, I’m not buying shares in BitClout (the company).…
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Unicorns of 2022: ElasticRun becomes 7th startup to enter billion-dollar club
- February 10, 2022
- Posted by: MasterAdmin
- Category: Altcoins
As we head into the second month of 2022, the Indian startup ecosystem has already added seven new entrants to the coveted $1 billion valuation club. The country is already cheering in its new unicorns — Fractal (advanced analytics), LEAD (edtech), Darwinbox (HRtech), DealShare (social commerce), Polygon (blockchain), and the latest Livspace (home interior and renovation) and ElasticRun (B2B ecommerce).
And, there is more to come.…
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Blockstack: First Reg A+ Token Offering
- February 7, 2022
- Posted by: MasterAdmin
- Category: Altcoins
On July 10, 2019, the SEC qualified the first digital token Regulation A+ offering. This is an important event that could open the gates for other Regulation A+ token offerings that have been patiently waiting for their turn.It was Blockstack that, after a 10-month wait, was approved for the $28 million offering. According to Blockstack’s offering circular, purchasers of the tokens will not be buying anything that resembles securities in a traditional sense. …
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