zkLink Labs launches converged Layer 3 ZK Rollup network zkLink Nova
Multi-chain aggregation Rollup infrastructure developer zkLink Labs launches aggregation Layer 3 ZK Rollup network zkLink Nova. zkLink Nova is built on Ethereum and its Layer2 Rollups, is EVM compatible, consists of a modular architecture powered by ZK Stack and zkLink Nexus technology, and leverages ZK Proofs for native asset and liquidity aggregation across its connected networks. Additionally, DApp developers can deploy Solidity smart contracts on Nova’s open platform and gain instant acce...
zkLink Labs launches converged Layer 3 ZK Rollup network zkLink Nova
Multi-chain aggregation Rollup infrastructure developer zkLink Labs launches aggregation Layer 3 ZK Rollup network zkLink Nova. zkLink Nova is built on Ethereum and its Layer2 Rollups, is EVM compatible, consists of a modular architecture powered by ZK Stack and zkLink Nexus technology, and leverages ZK Proofs for native asset and liquidity aggregation across its connected networks. Additionally, DApp developers can deploy Solidity smart contracts on Nova’s open platform and gain instant acce...
Cyberport, Baidu and Zhiwan Technology will prepare an artificial intelligence industry empowerment center in Cyberport
Cyberport, Baidu and Zhiwan Technology recently signed a memorandum of cooperation to build an artificial intelligence industry empowerment center in Cyberport, which is expected to be completed by the middle of this year. In his speech, Hong Kong Secretary for Innovation, Technology and Industry Sun Dong said that investors of the entire project expect to invest hundreds of millions of Hong Kong dollars within three years, create more than 100 AI jobs, and cultivate more than 10,000 AI devel...
Cyberport, Baidu and Zhiwan Technology will prepare an artificial intelligence industry empowerment center in Cyberport
Cyberport, Baidu and Zhiwan Technology recently signed a memorandum of cooperation to build an artificial intelligence industry empowerment center in Cyberport, which is expected to be completed by the middle of this year. In his speech, Hong Kong Secretary for Innovation, Technology and Industry Sun Dong said that investors of the entire project expect to invest hundreds of millions of Hong Kong dollars within three years, create more than 100 AI jobs, and cultivate more than 10,000 AI devel...
Indonesia plans to reassess income tax and VAT levied on crypto transactions
Executives at Indonesia’s commodity futures trading regulator, also known as Bappebti, specifically called for a reassessment of the government’s 0.11% value-added tax on every cryptocurrency trade, as well as the 0.1% income tax. Tirta Karma Senjaya, director of Bappebti Market Development Agency, explained that the reason behind this is that cryptocurrencies are expected to become an integral part of Indonesia’s overall economy in the near future. The report further states that in January 2...
Indonesia plans to reassess income tax and VAT levied on crypto transactions
Executives at Indonesia’s commodity futures trading regulator, also known as Bappebti, specifically called for a reassessment of the government’s 0.11% value-added tax on every cryptocurrency trade, as well as the 0.1% income tax. Tirta Karma Senjaya, director of Bappebti Market Development Agency, explained that the reason behind this is that cryptocurrencies are expected to become an integral part of Indonesia’s overall economy in the near future. The report further states that in January 2...
A giant whale deposited 1,880 ETH to Kraken, equivalent to approximately US$6.35 million
A giant whale deposited 1,880 ETH (approximately $6.35 million) into Kraken, with an average price of $3,377. Between May 24, 2023 and February 26, 2024, the whale accumulated 24,380 ETH (approximately $55.13 million) from Kraken, with a price of $2,261. Currently holding 24,500 ETH (approximately $82.96 million), the total profit is approximately $34 million.
A giant whale deposited 1,880 ETH to Kraken, equivalent to approximately US$6.35 million
A giant whale deposited 1,880 ETH (approximately $6.35 million) into Kraken, with an average price of $3,377. Between May 24, 2023 and February 26, 2024, the whale accumulated 24,380 ETH (approximately $55.13 million) from Kraken, with a price of $2,261. Currently holding 24,500 ETH (approximately $82.96 million), the total profit is approximately $34 million.
Xinhuo Technology received a competitive offer to transfer FTX claims, and the recoverable amount may be increased to 70%
Xinhuo Technology Holdings (01611.HK) announced that because FTX Group filed for bankruptcy protection in the United States in November 2022, the funds deposited in FTX by its wholly-owned subsidiary Hbit Limited have not yet been withdrawn. Xinhuo Technology is trying to realize these restricted deposits by transferring FTX claims. Current market price assessment shows that the recoverable amount is approximately 39.4% to 70% of the original amount. It is expected that the amount recoverable...
Xinhuo Technology received a competitive offer to transfer FTX claims, and the recoverable amount may be increased to 70%
Xinhuo Technology Holdings (01611.HK) announced that because FTX Group filed for bankruptcy protection in the United States in November 2022, the funds deposited in FTX by its wholly-owned subsidiary Hbit Limited have not yet been withdrawn. Xinhuo Technology is trying to realize these restricted deposits by transferring FTX claims. Current market price assessment shows that the recoverable amount is approximately 39.4% to 70% of the original amount. It is expected that the amount recoverable...
