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Investing
DeFi Platform Synthetix's Founder Proposes Capping Token Supply at 300M; Here’s Why
The inflationary model helped bootstrap the Synthetix ecosystem and was no longer needed, founder Kain Warwick explained.

Japan Looks at Corporate Crypto Tax Breaks to Entice Startups: Report
Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains.

Thai Energy Billionaire Turns to Crypto to Boost Growth: Report
While crypto market cap has tumbled from November's high, the market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said.

Animoca Brands' Japan Unit Raises $45M for NFT Licensing, Investment
Animoca Brands Japan raised the funds from its parent firm and MUFG Bank.

NFT- and Metaverse-Related Cryptocurrencies Underperform as Floor Prices Sink
FLOW, APE and AXS are among tokens tracking double-digit losses over the past week.

Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious
Buying ether ahead of the Merge is likely an overextended play, one trader said.

Also-Ran EOS Token Now Hottest Cryptocurrency After Switch to Antelope
The token’s 28% price surge over the past seven days follows an announcement that Antelope will be used as the supporting protocol for EOSIO-based blockchains.

Ethereum Merge Drama Continues as Traders Pile Out, Then Back In
Ethereum regained investor support on Monday after slumping in recent days.

Crypto Funds See Minor Outflows Amid Trading Volume Dip: CoinShares
Digital-asset investment products saw outflows totaling $9 million as trading volume fell to the second lowest this year.
