Cryptocurrency News predictions and Latest Information dor this week
Venezuela does not like ignoring its currency. It applies up to 20% tax to the crypto
Bitcoin adoption has been on the rise in Venezuela in recent years due to hyperinflation and the national currency crisis. Venezuelans reportedly hit by new bitcoin tax of up to 20%. What are the latest predictions we got from cryptocurrency news?
The Venezuelan government has approved a new tax law to collect up to 20% tax on cryptocurrency transactions. The bill, tabled on January 20, aims to select 2-20% of transactions in any currencies other than those made using the Venezuelan Bolivar and the local cryptocurrency El Petro.
The initiative aims to motivate the use of the national currency, which has fallen by more than 70% in value last year alone and has lost almost all its importance in the previous decade.
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AssangeDAO raised $ 38 million to help free WikiLeaks founder
Julian Assange is currently fighting extradition to the United States following a December decision by a British court to lift the extradition ban. Julian is now locked up in a London prison, where he has been since 2019.
The Decentralized Autonomous Organization (DAO), set up to release WikiLeaks founder Julian Assange from prison, received ETH 12,569, or approximately $ 39 million.
The donations began coming on February 4 via the JuiceBox platform, which hosts the campaign.
According to the AssangeDAO Twitter channel, this is now the most considerable amount collected in ETH via the JuiceBox service. AssangeDAO thus surpassed the ConstitutionDAO, which received funds to purchase an original copy of the United States Constitution in November.
If Assange is extradited to the United States, he faces up to 175 years in prison for publishing truthful information.
The aid concept was inspired by FreeRossDAO, which raised $ 12 million to free Ross Ulbricht, the founder of the Silk Road dark web marketplace.
The first wedding in Metaverse is a reality. Instead of the church, they chose Decentraland
Cryptocurrency news predictions for decentraland got real? For the first time, the big day of the Arizona couple did not go exactly according to plan, which shows that the Metaverse is still in its infancy. However, a couple from Phoenix used their digital identities to say yes this weekend.
The wedding ceremony took place in Decentraland, attended by witnesses, Supreme Court clerk Clint Bolick and a virtual crowd of 2,000 guests.
The bride and groom, Ryan and Candice Hurley hired the Rose Law Group to formalize the marriage legally. Jordan’s group founder and the president says it was the first wedding ever held on a blockchain metaverse.
The wedding ceremony took place on the grounds of the Rose Law Group in Decentraland. The legal group developed a “meta-marriage framework” by incorporating a “virtual prenuptial agreement” that identified the couple’s virtual identities and digital assets recorded on the blockchain.
There is also a final documentary about the wedding ceremony, as in the form of the NFT
“There is currently no legal framework for marriage in the meta-universe, so whether or not it will be legally binding is more a matter of their contract.”
Although the couple imagined the future wedding, they encountered somewhat banal technical problems. Decentraland did not cope well with the onslaught of virtual guests. Even more funny was Ryan’s avatar, which was in the wrong place in the side alley. His wife, in turn, had trouble creating a digital look, and only some of the guests saw her correctly.
Tesla holds $ MLD 2 bitcoins, as the Latest News shows
Tesla said a few hours ago that the market value of the bitcoins it holds was $ 1.99 billion in December.
Tesla invested $ 1.50 billion in BTC last year, which meant a very positive market reaction.
In its annual report to the US Securities and Exchange Commission, Tesla said it had made losses of about $ 101 million last year due to a drop in bitcoin price.
Tesla also briefly accepted cryptocurrency as payment for the sale of certain products. However, Tesla CEO Elon Musk has stopped adopting the digital currency, citing environmental concerns about bitcoin mining.
But Tesla also said it earned $ 128 million from the sale of BTC in March.