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MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

2025.01.13 22:04:30

MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

MicroStrategy currently holds 450,000 $BTC($41B), with an average buying price of $62,691.

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Bitcoin wallet Alby confirms vulnerabilities in its older versions, urges users to update immediately.

According to official statements, Alby, a Bitcoin Lightning Network wallet and infrastructure provider, has confirmed a critical vulnerability in older versions of its Alby Hub software. The flaw could allow attackers to gain unauthorized access and transfer funds. Alby noted that one user is known to have been affected, and urged users running vulnerable, publicly accessible versions to update immediately.

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Bonk Guy: MARSCOIN may be deliberately price-suppressed by market makers to attract short sellers, and could subsequently stage a sudden sharp pump.

Prominent trader Bonk Guy posted that MARSCOIN’s recent price action appears to be market makers deliberately creating conditions to entice a large number of traders to go short, before potentially triggering a sudden, rapid rally of over 100% in a single day. Over the past few days, he has deliberately avoided discussing or publicly expressing bullish views on MARSCOIN, hoping market makers will continue executing this scheme as planned: “Let them keep brewing this.”

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An entity dormant for six months has built a large position of 13,290 ETH and 6,601 ZEC.

According to on-chain analyst Ai Yi (@ai_9684xtpa), four addresses belonging to the same entity (or a crypto whale) have reactivated simultaneously after six months of dormancy, holding heavy positions in ETH and ZEC. The addresses purchased 13,290.6 ETH via Cowswap at an average price of $2,511, and bought 6,601.37 ZEC using 2,500 ETH through Near Intents, a cross-chain intent protocol. They have paid 16.75 ETH in transaction fees, equivalent to around $42,000, and the buying activity is still ongoing.

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The German government plans to impose a 25% capital gains tax on cryptocurrency gains.

German tech media outlet Golem reports that the German federal government plans to impose a 25% capital gains tax on cryptocurrency earnings. According to a draft government bill, the German Federal Ministry of Finance has prepared relevant legislation to bring cryptocurrency gains under the capital gains tax regime. Under the draft, speculative profits from digital assets like Bitcoin and Ethereum will be taxed at a 25% rate starting in 2028 — matching the current rate applied to stock trading gains. The so-called "crypto tax" signals a major shift in Germany's cryptocurrency tax policy: currently, gains from holding cryptocurrencies for over a year are tax-free. The personal tax exemption is expected to stay in place, similar to existing rules, with the threshold set at 1,000 euros per individual.

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Founder of Pons: The tax rate for tokens issued on the platform cannot be adjusted after issuance, and the abnormal display is due to terminal routing issues.

Pons founder and lead developer Ozzy has responded to recent controversy over the platform’s alleged ability to modify token tax rates post-launch, stating he does not support changing tax rates after a token goes live. Ozzy noted that claims circulating in the market that "Pons can adjust tax rates post-launch" are incorrect. Pons explained that some transaction frontends incorrectly route buy and sell orders to high-tax liquidity pools, even though the Uniswap V4 pool initialized by Pons has liquidity and is a 0% tax rate, 1% Hook fee pool—with this fee clearly disclosed in all transactions. The project further clarified that when malicious actors attempt to "vamp" (siphon or attack liquidity) related liquidity pools, some transaction frontends may display higher transaction tax rates as a result. Due to issues with different frontend router configurations and the varying liquidity pools ultimately selected by frontends, the tax rates users see may fluctuate. Pons stressed this does not mean the protocol modified its tax rate post-launch. Instead, some frontends incorrectly route transactions to other high-tax pools, leading users to incur higher actual fees. Ozzy added that he has requested relevant transaction frontends to fix the issue, as incorrect displays and routing not only raise user transaction costs but also risk triggering unnecessary market panic. Pons emphasized that its current Hook pool fee is 1%. If users see a tax rate higher than 1%, unless the token deployer set a higher tax rate at launch, it most likely means the transaction was routed to the wrong liquidity pool. Therefore, a transaction tax exceeding 1% cannot prove that Pons modified its tax rate post-launch.

8 minutes ago

More than a dozen U.S. states have halted tax incentives for AI data centers, with Ohio set to forgo $1.6 billion in annual revenue.

Beating AI News Flash: More than a dozen U.S. states are suspending, cutting, or re-examining tax incentives for data centers. Over a decade ago, states used tax exemptions to attract tech giants including Amazon, Meta, and Google to build data centers. The AI infrastructure boom led to a rapid expansion of these incentives, with some states discovering actual costs far exceeding initial projections. Ohio has seen the most dramatic shift: its data center sales tax exemptions will reduce state revenue by roughly $1.6 billion in 2025, about 11 times the original estimate of $136 million. Governor Mike DeWine has suspended approvals for new data center tax exemption applications. However, some of the incentives previously signed by Amazon, Meta, Google, and others have terms lasting up to decades, prompting state lawmakers to push for renegotiations or new tax levies. New Jersey has also scrapped the $250 million in planned tax credits for AI and data centers that had not yet been disbursed. Virginia, meanwhile, has retained its sales tax exemption for equipment, but starting this July, it will impose an additional $0.011 per kilowatt-hour electricity excise tax on certain data centers.

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