Brazil has scrapped its monthly tax exemption for crypto profits, introducing a flat 17.5% capital gains tax on all digital asset transactions. In response, MP Eros Biondini has proposed a bill to remove taxes on long-term Bitcoin holdings and promote self-custody rights.
AnaisA South Korean court has cleared Haru Invest CEO Lee Hyung-soo of fraud, ruling that the platform’s collapse was due to mismanagement and external market shocks, not criminal intent. Although Lee and other executives avoid prison, they still face civil claims as investors suffered major losses from the company’s sudden shutdown in 2023.
WeatherlyMalaysia’s central bank has launched a Digital Asset Innovation Hub to support safe financial experimentation with digital currencies, including a ringgit-backed stablecoin. This move is part of broader reforms aimed at boosting innovation while ensuring economic stability and consumer protection.
WeatherlyThailand has approved a five-year income tax exemption on crypto trading profits from 2025 to 2029, applying to sales through licensed platforms. The move aims to spur blockchain innovation while maintaining investor protection through regulatory oversight.
CatherinePresident Trump has issued a third extension for TikTok’s US sale, confident China will eventually approve the deal. The move reflects TikTok’s rising political influence among young voters ahead of 2024. Yet with legal and trade issues unresolved, the outcome remains uncertain.
KikyoMeta has offered OpenAI engineers up to $100 million to join its new AI team, but none have accepted. OpenAI’s staff are staying due to belief in the company’s mission, despite Meta’s big pay offers.
WeatherlyArchetyp, the largest dark web drug market, was shut down after international raids, marking a major blow to online crime. Over five years, it processed $250 million in transactions using Monero. Authorities seized $7.8 million in drugs, hardware, and cryptocurrency.
CatherineMeta Pool reported that its early detection system identified the exploit in real time, enabling the team to swiftly pause the compromised smart contract and contain the damage before further losses could occur.
KikyoA YouTuber was woken at 3am because his AI-powered bed became too cold and the app stopped working. The glitch meant he couldn’t adjust the temperature, raising concerns about overreliance on smart tech for basic comfort.
WeatherlyOpenAI founder Sam Altman has offered a notably specific estimate—but how does it compare to assessments from other experts in the field?
Catherine