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@ifj

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141 Followers


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According to Securities Times, from December 31, 2024 to January 3 this year, Berkshire Hathaway, led by Warren Buffett, acquired approximately 20044 shares of VeriSign common stock for approximately $4.1 million. According to reporters' statistics, this is Berkshire Hathaway's third investment in this company since December 2024. Due to Berkshire Hathaway's multiple increases in holdings, VeriSign's stock price has been rising since December 19, 2024. As of the close of January 3 local time, the company's stock price was $205.6, rising to $210 at one point, with a current total market value of $19.76 billion. ChainCatcher previously reported that Verisign has been granted a patent by the United States Patent and Trademark Office (USPTO) to apply blockchain technology to domain names. @ftiioma
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According to Decrypt, in November 2024, a US court ruled that 21-year-old Berman Jerry Nowlin helped plan a $400000 NFT "RugBull" incident, with charges including telecom fraud and money laundering. According to Nowlin's family, Nowlin has now committed suicide. Berman Jerry Nowlin and 25-year-old Devin Alan Rhoden sold two sets of Solana NFT together in 2022. The first series was "Undead Apes", the second series was "Undead Rady Apes", and the sales of the third series "Undead Tombstone" were suspended. The two of them earned nearly $400000 from it and were subsequently convicted. The report from the US Department of Justice explains that the success of these projects was due to "completely false statements", including collaborations with "well-known companies" and practical commitments to the holders. In addition, the Department of Justice will define the cancelled third series as "RugBull" because the team deleted Discord and Twitter accounts after receiving payment. @dromsjel
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According to reports from Wall Street Journal, Asian stock markets have fluctuated since the beginning of this year against the backdrop of a strong US dollar. Some have achieved a bull market in locally priced stocks at the cost of currency depreciation, while others have sacrificed some of their stock market gains with relatively stable exchange rates. Only South Korea is an exception. In Korean won terms, the South Korean Composite Index KSOPI has fallen by 10.0% this year. Considering the decline in the Korean won, the KSOPI denominated in US dollars has fallen by 18.9%, both of which are the weakest in Asia. From the perspective of capital flow, since the second half of this year, only institutions in South Korea have maintained a net buying scale in the stock market, while residential sectors have been continuously reducing their purchases. @tifjb
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According to the budget document released by the Ministry of Economy and Finance of Kyrgyzstan, the tax contribution from cryptocurrency mining in 2024 is 46.6 million som (approximately 535000 US dollars), a decrease of over 50% from 93.7 million som (over 1 million US dollars) in 2023. The country levies a mining tax rate of 10% on electricity bills for cryptocurrency miners, including value-added tax and sales tax. Although Kyrgyzstan is considered an ideal place for mining due to its abundant undeveloped renewable energy, the decrease in taxes may be related to a reduction in mining activities. According to data from the International Energy Agency, 30% of the country's energy supply comes from hydropower, but currently only 10% of hydropower potential has been developed. (Cointelegraph) @gpy2fduration
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