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An address spent 526 ETH to buy 803 million BLLB. Currently, some addresses have sold

According to Chain analyst @ai_9684xtpa, yesterday afternoon, address 0x39E...F70aA completed the first BLLB transaction through BananaGunBot. The buyer spent 526 ETH (purchasing cost of 99 ETH and a bribe of 427 ETH) to purchase 803 million BLLB at a cost of $0.00151 per token. Subsequently, the buyer distributed 7-9 million tokens to 100 addresses, with some already being sold. Due to the large number of addresses, the cost cannot be calculated easily. However, since the address did not sell immediately after going online (the earliest sale was around 6 pm), BLLB has fallen by 31% in the past 24 hours, and it is highly likely that the buyer will end up losing money.

Singapore Prime Minister warns public not to be fooled by deepfake video promoting cryptocurrency-related scams

On December 29th, according to the report by the Lianhe Zaobao, Singapore Prime Minister Lee Hsien Loong's interview with CGTN in March this year was tampered with, and someone used deepfake technology to create a fake video that circulated on the internet. Prime Minister Lee urged the public to be vigilant and not to be deceived.

Milei Brings His Chainsaw to Argentina's Regulatory State

If passed, the new libertarian president's omnibus bill of reforms could help Argentina reverse decades of government failure.
Milei Brings His Chainsaw to Argentina's Regulatory State

Immunefi: Cryptocurrency users lost $1.8 billion to hackers and scammers in 2023

According to the latest data compiled by Immunefi, cryptocurrency users lost a total of $1.8 billion in 2023 due to hacker attacks and scams.

Argentina’s new president proposes incentives for declaring cryptocurrency holdings to receive preferential tax rates in draft bill

A controversial draft law proposed by newly elected Argentine President Javier Milei allows for the declaration of domestic and foreign cryptocurrency holdings to win preferential tax rates for Argentineans and legalize the use of these assets in Argentina, regardless of their source or place of ownership. The asset regularization plan is part of a proposed wide-ranging economic and political reform. Milei praised Bitcoin during his campaign and was widely welcomed by the cryptocurrency market. Milei won the presidential election in November. However, his comprehensive bill faced strong opposition and controversy in the country shortly after its launch on Tuesday.

Japan Cabinet Approves Proposal to End Taxation of Unrealized Cryptocurrency Gains

The Japanese cabinet has approved a proposal by the ruling Liberal Democratic party to end taxation on unrealized cryptocurrency gains. This move is expected to benefit the development of the country's Web3 industry. The proposal, which still needs to be debated in parliament, would end corporate taxation on the difference between the market and book values of crypto assets issued by other companies. The tax has been a hindrance to Web3 businesses in Japan, causing some to move overseas. The government sees the development of the industry as a key part of economic reform and has been considering submissions from industry associations.

Japan’s cabinet meeting approved the tax reform outline for fiscal year 2024, and corporate crypto assets will not be subject to market value tax

On December 24th, the Japanese government approved the tax reform outline for the 2024 fiscal year at the cabinet meeting on the 22nd. The amendment includes the following changes: companies holding third-party issued cryptocurrency assets will not be subject to valuation-based taxes. Currently, Japanese companies' third-party issued cryptocurrency assets are recorded as profit and loss at the end of the fiscal year based on the difference between market value and book value. After the amendment, only profits from the sale of cryptocurrency will be taxed, which means the same tax system for individual investors will change. The bill will be submitted to the Diet in January next year and will require approval from both the House of Representatives and the House of Councillors.

Illuvium: Striving to launch a public beta version in the first quarter of next year

lluvium, a blockchain game, has released its 2024 roadmap update, with the launch of the testnet being the top priority. The team is integrating blockchain technology, finalizing the IMX passport, and completing Fuel exchange.

Ikigai Asset Management has sold $65 million of its claims in the FTX bankruptcy case

Travis Kling, Chief Investment Officer of cryptocurrency investment company Ikigai Asset Management, posted on X platform that the company has sold its $65 million debt claim in the FTX bankruptcy case. He wrote: "We received a satisfactory price, and this price is much higher than our expectations six months ago." Ikigai has adjusted its business to avoid "getting into a situation similar to FTX" again.

DF fell back after rising to $0.062, with a 24-hour increase of 34%

On December 23, market data shows that DF rose to touch 0.062 US dollars and then fell back, now priced at 0.055 US dollars, with a 24-hour increase of 34%.