What You Can’t Afford to Miss in Today’s Crypto News

The Most Important Crypto News of the Day: Must-Read Updates for Astute Investors and Fans of Cryptocurrency

As the world of cryptocurrencies is always changing, keep up with the most recent news. Crypto Investors can get guidance in an ever-changing industry by following Cryptocurrency News. All parties concerned find the crypto environment intriguing as a result of the emergence of NFTs, or non-fungible tokens. Here are a few pieces of crypto news you should be aware of:

The Two Multimillion-Dollar Jets That Sam Bankman-Fried Owned Might Be Forfeited by the DOJ. A Costly Misstep!

Sam Bankman-Fried’s two multimillion-dollar jets might be forfeited by the DOJ. A Costly Mistake! According to this story, Sam Bankman-Fried, the founder and CEO of FTX, a well-known cryptocurrency exchange, owns two private aircraft that the US Department of Justice (DOJ) has filed a civil forfeiture action against. According to the DOJ, money obtained via illicit means, including money laundering, fraud, and tax evasion, was used to buy the planes. The report also touches on how this lawsuit would affect Bankman-Fried’s image as well as the cryptocurrency sector.

The Unmissable Crypto Triple Play, Including A New Crypto That Could Increase By 10x:

The three cryptocurrency projects Shuffle, Calestia, and Robots Farm are introduced in this news and have the potential to provide investors with large profits. A new blockchain casino called Shuffle is expected to have a high token likelihood in the future. The $TIA token, which may be used for staking, rewards, and governance, is currently being distributed by Celestia. On the zkSync network, an Ethereum layer-2 scaling solution, there exists a phenomenon known as Robots Farm.

The Character-Based NFT Collection Invisible Friends:

The news highlights a brand-new non-fungible token (NFT) collection named Invisible Friends, which has 10,000 distinct characters created at random by artificial intelligence. The goal of the collection is to build a community of enthusiasts and collectors who can communicate with their unseen friends and learn about their backgrounds and personalities. Ten percent of the sales will go to charities that support mental health, so the collection also has a social impact.

Beginning in April 2022, You Cannot Afford to Lose Money on Cryptocurrencies:

The Indian government has suggested a flat 30% tax rate on profits from the transfer of Bitcoin and other virtual digital assets, so you can’t afford to lose money in cryptocurrencies starting in April 2022. This implies that although you won’t be able to roll over or offset your losses against your gains, you will still need to pay taxes on your earnings. Investors and traders in cryptocurrency may face significant tax liabilities as a result, particularly in the event of market volatility and unpredictability.

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