North Korea Missile programme funded through stolen crypto, says UN report
North Korean cyber-attacks have stolen millions of dollars worth of cryptocurrency to fund the country’s missile programmes, a UN report briefed to media says.
Bitcoin mimics stocks rally, hits 2-week high
Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in recovery in risk appetite and a rally in stock markets.
Petition to lower crypto tax
A petition has been initiated on Change.org for the government of India to “introduce reasonable crypto tax policies”. The petition begins by noting that there are about 15-20 million crypto investors in India as well as several hundred thousand young Indians who are part of the industry. In addition, Indian investors are holding about $6 billion in crypto assets.
Florida home to be sold as NFT
A home along Florida’s Gulf Coast will be auctioned off in the upcoming week as a non-fungible token (NFT) in what is believed to be among the first such transactions in the US. In the case of the four-bedroom home in Gulfport, Florida, a California-based real estate technology company, Propy, will mint the property rights into a digital token and host an online auction, with bids starting at $650,000.
The ‘Bitcoin Family’ immigrates to Portugal for its 0% tax on cryptocurrencies
Didi Taihuttu, patriarch of the so-called ‘Bitcoin Family,’ is setting down roots in Portugal, Europe’s ultimate crypto tax haven in order to avoid taxes.