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Korean National Tax Service: Residents Must Declare Comprehensive Income Tax for Receiving Virtual Assets as Service Remuneration from Overseas Companies

7 hours ago

On July 9th, according to Digital Asset, the South Korean National Tax Service declared that residents who receive virtual assets as labor compensation from overseas companies are mandated to report comprehensive income tax in accordance with the law. The South Korean National Tax Service pointed out in its response in March of this year that if this wage income is not subject to withholding tax through a tax combination, the taxpayer is obligated to independently make the final declaration of comprehensive income tax.
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The 1inch team's investment fund transferred 3,000,000 U to Binance yesterday and withdrew 962,000 U worth of 1INCH 3 hours ago.

On July 9th, according to the monitoring of on-chain data analyst Yingxin, since July 6th, the investment fund of the 1inch team has spent a total of 4.4 million US dollars to purchase 22.99 million 1INCH tokens, resulting in a 14% increase in 1INCH ($0.18 → $0.206). Yesterday, the investment fund of the 1inch team transferred 3 million USDC to Binance. Then, 3 hours ago, it reclaimed 4.746 million 1INCH tokens (approximately $962,000). The address for reclaiming the 1INCH tokens has not been fully bought out yet, indicating that their buying behavior may still be ongoing. During this period, the investment fund of the 1inch team has spent a total of 6.648 million US dollars to buy 33.19 million 1INCH tokens, with an average price of $0.20.

7 minutes ago

A whale address sold 69 WBTC to swap into ETH for rebalancing purposes

On July 9th, as per the monitoring of Onchain Lens, a whale address sold 69.07 WBTC (approximately $7.49 million) and used the proceeds to purchase 2881 ETH at an average price of $2600.

7 minutes ago

Flash Crash Causes BR to Halve in Value, Daily Trading Volume Accounts for 65% of Alpha Sector

On July 9th, based on market data, BR witnessed a short-term sharp decline of 53% and is currently priced at $0.0595. According to the @pandajackson42 data dashboard, on July 8th, the trading volume of Binance Alpha was $433 million, and the trading volume of BR reached $282 million, accounting for 65.12% of the daily trading volume of Alpha.

7 minutes ago

Glassnode: BTC retail hodlers are in a selling state, but the 1k to 10k Whale Addresses group is accumulating

On July 9th, Glassnode announced on social media that currently the majority of wallet cohorts are in a selling state. Specifically, retail investors holding 1 to 10 BTC are in this situation. However, a remarkable exception is that large entities holding 1000 to 10000 BTC are demonstrating a nearly perfect accumulation trend. This divergence clearly shows a significant difference in beliefs between large and small holders.

7 minutes ago

Binance: Users holding at least 210 points can claim 8000 RCADE tokens airdrop, with a second-stage threshold of 120 points.

On July 9th, as per official information, the trading of CADE (RCADE) on Binance is set to commence on July 9, 2025, at 20:00 (UTC+8). Qualified users will be able to utilize Alpha Points to claim an airdrop of 8000 RCADE tokens on the Alpha activity page within 24 hours following the start of trading. The Alpha airdrop will be distributed in two stages: Stage One (first 18 hours): Users who hold at least 210 Alpha Points are eligible to claim the airdrop. Stage Two (last 6 hours): Users with at least 120 Alpha Points can participate in the second-phase airdrop on a first-come, first-served basis until the airdrop pool is depleted or the event concludes. It should be noted that claiming the airdrop will consume 15 Alpha Points. Users must confirm their claim on the Alpha activity page within 24 hours; otherwise, it will be regarded as forgoing the airdrop.

7 minutes ago

Bitget has become the first crypto sponsor of the UNTOLD music festival in Europe.

On July 9th, Bitget made an announcement that it has officially become the first cryptocurrency industry sponsor of the European music festival UNTOLD. It will be present at this year's 10th-anniversary celebration "UNTOLD X" in Romania in August and also participate in a special event in Dubai at the end of the year. This cooperation marks a significant milestone for Bitget in integrating Web3 with mainstream culture. After forging partnerships with La Liga and MotoGP, Bitget continues to introduce cryptocurrency assets into globally recognized cultural arenas, crafting an immersive Web3 experience.

7 minutes ago