Crypto News Weekly Digest 02.12.2022

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2022-12-02

 

Crypto market today

BTC - 16900 -0.92%. Bitcoin declined slightly, but most altcoins were not affected.

 

Growth leaders among altcoins are ETHW, LUNC, HEX.

Fall leaders are BNX, MV, CRV.

BTC dominance is 40.30%.

Altseason index 33.

 

Timex will release a limited edition watch in collaboration with Bored Ape Yacht Club.

 

The American company Timex has announced a limited series of watches in the design of NFT-collections Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).

Personalized accessories will receive 500 NFT holders from the respective collections. They will be able to choose the strap and laser engraving on the back of the watch.

 

AppStore wants 30% off NFT sending fees.

 

Apple blocked the Coinbase Wallet app, saying the gas fee needed to send NFTs must be paid through their system so they can collect the 30%.

 

Porsche enters the Web3 world with its first NFT collection.

 

Porsche's first Web3 project is a 7,500-piece NFT collection inspired by the legendary Porsche 911. The NFTs will be ready in January 2023, with each piece designed by Patrick Vogel, a Hamburg-based designer and 3D artist.

BMW has also applied for trademarks related to crypto, NFTs, and the metaverse.

 

Italy plans to introduce a 26% tax on cryptocurrency profits.

 

After Portugal, another European country intends to tighten the rules for the use of cryptocurrency and further expand the taxation of cryptocurrency trading.

The provision in Italy's 2023 budget plan aims to levy a staggering 26% tax on capital gains derived from digital asset trading.


 

Sony introduced "Mocopi" wristbands to the Metaverse.

 

The bracelets are designed for tracking movements in the metaverses on smartphones. Pre-orders start in mid-December.

The Financial Times predicts a "gold rush" in everything related to the metaverse. Sales of virtual and augmented reality headsets are forecast to skyrocket.

 

The Wolf of Wall Street Jordan Belfort lost $300,000 to crypto hackers.

 

According to Belfort, he once lost about $300,000 worth of digital currency stored in a Metamask wallet.

“I don’t have any cryptocurrencies on the exchanges. All this is in a cold storage wallet, in the Ledger. So I got hacked, actually. Last year I lost about $300,000 on MetaMask."

 

American Air and Air Canada accept SHIB.

 

FCF Pay recently announced that the world's largest airline American Air and Canada's flag carrier Air Canada have become partners.

This partnership allows FCF Pay debit cardholders to use over 20 stablecoins and Shiba Inu Memcoin to book American Air, Air Canada flights.

 

Images of the NFT protests in China flooded OpenSea.

 

Protests erupted after a deadly fire locked "covid patients" in Urumqi, Xinjiang. Citizens took to the streets and online to express their anger and doubts about Covid restrictions.

The authorities of the city placed part of the blame for the tragedy on the inability of the victims to escape, which accelerated the spread of protests in the streets, already in all major cities in China.