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Crypto Market Highlights November 3, 2022

Crypto Market Highlights News Of The Day

India Imposes Up To 30% Tax On Cryptocurrency

According to SI.35 in the Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes), India’s parliament has just passed a new law imposing a 30% tax on services which includes: transfer or income from the virtual digital assets placing it in the same taxable category as stock trading. For more specific information, you can read the article below:

https://news.coincu.com/139166-india-imposes-up-to-30-tax-on-crypto/

DigiDaigaku CEO Twitter Account Stolen And Promotes A Fake Villains Giveaway

The Twitter account of Gabriel Leydon, CEO of the NFT DigiDaigaku project, is suspected of being stolen and used by an attacker to promote a fraudulent giveaway link. For more specific information, you can read the article below:

https://news.coincu.com/139154-digidaigaku-account-stolen-fake-giveaway/

MASK Token Up Nearly 60% After Binance Launches Bluebird Index

Today, Binance launched the Binance Bluebird Index with x25 leverage. The MASK token price quickly increased by nearly 60% within 24 hours. For more specific information, you can read the article below:

https://news.coincu.com/139232-mask-token-up-60-after-bluebird-index/

Dapper Labs Cuts 22% Of The Company Staff

Dapper Labs, one of the most well-known brands in the Non-Fungible Token (NFT) business, said today that it is laying off 22% of its workforce due to the “macroeconomic environment.” For more specific information, you can read the article below:

https://news.coincu.com/139184-dapper-labs-cuts-22-of-staff/

Arweave’s Token Soars After Meta’s Integration Announcement

AR, the native token of blockchain-based data storage service Arweave, soared after Facebook and Instagram’s parent company Meta announced plans to preserve its creators’ digital treasures on the Web3 platform. For more specific information, you can read the article below:

https://news.coincu.com/139195-arweaves-token-soars/

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.