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South Korea Delays Its Crypto Tax Again, Now Until 2029

South Korea will delay its long-awaited crypto gains tax for a fourth time, pushing it back to 2029. The levy was originally due to take effect in January 2027. The decision contrasts sharply with Hong Kong, which approved its own…

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Snap Stock Wipes Out Its Earnings-Day Rally After a Revenue Miss

Snap Inc. (SNAP) stock fell 11.46% after hours on Wednesday, dropping to $5.24 from its $5.92 close. The Snapchat parent posted a profit and guided above estimates, but missed on revenue and daily users. The after-hours slide erased a 5.81%…

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Nearly $1 Billion in Crypto Liquidations Hit as Bitcoin Jumps 4.6%

Crypto liquidations reached $974.80 million in 24 hours as the market climbed. Most of the losses fell on traders who had bet on further declines, Coinglass data shows. Bitcoin’s (BTC) price rose 4.64% over 24 hours to $80,480, according to…