Madhu Kela, founder of MK Ventures, is bullish on the 📌energy transition, 📌semiconductor, and 📌liquor industries, citing their long-term growth potential. He sees a constructive market setup and advises buying on dips, expecting government expenditure to boost corporate earnings in the next two quarters.
Open FlipRussia’s Federation Council, the country’s upper house of parliament, has approved a federal bill introducing new taxes on cryptocurrency transactions. The legislation, approved on Nov. 27, recognizes digital currencies as property and imposes a 13%–15% personal income tax on cryptocurrency sales. It also exempts Russian crypto miners from value-added tax (VAT) on mined coins.
Open FlipSingularityNET and Mina Protocol partner to develop privacy-focused decentralized AI applications, leveraging zero-knowledge proof technology. SingularityNET, a decentralized artificial intelligence platform, has joined forces with the Mina Foundation, a nonprofit behind the privacy-focused Mina Protocol, to advance decentralized AI through zero-knowledge (ZK) technology.
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