Crypto News

Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS is seeking support from the Nigerian National Assembly to implementSource link

Tesla Will Pay Up to $48 an Hour to Capture Your Movements

Is the pay worth serving as a Tesla Bot lab monkey to train robots that might make you obsolete?Source link

Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them

OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain’s fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited. Optimism Proposes Network UpgradeSource link

Sundog Meme Coin on Tron Spikes After SunPump Platform Launch

Is it “Tron season” for meme coin traders? While top coins on other chains decline, Tron’s SunPump platform is gaining steam.Source link

Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts

Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could be reached as soon as next year if geopolitical issues and central bank demand persist. Financial AnalystsSource link