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🇰🇷 South Korea has delayed its crypto gains tax for a FOURTH time — now set to start in January 2029 instead of January 2027.
Finance Minister Lee Hyoung Il announced the two-year delay on Thursday, citing gaps in overseas transaction reporting and the wait for US tax-information exchange, which begins in 2029.
Under the plan, annual crypto gains above 2.5 million won (about $1,860) would be taxed at 22%, and investors get a three-year loss carryforward. The tax was first proposed in 2020 and was originally due in 2022.
#SouthKorea #CryptoTax #Bitcoin #CryptoNews #Zimbuck
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🟣 Polygon has proposed a hard fork to recover 70.49 million POL — worth around $6.5 million — stolen in the separate Binance and Polymarket security incidents on Oct 29–30.
The Polygon Improvement Proposal, posted Nov 4 by the Polygon Labs validator support team, would zero out five attacker-controlled addresses (46.63M POL linked to Binance, 23.86M POL to Polymarket) and credit the same amounts to verified recovery wallets. No new tokens would be minted and total supply stays unchanged.
The funds are already frozen — block producers added the addresses to a denylist — but the freeze alone can't return them. The proposal calls the fork an "extreme action" that should not be reproduced commonly. It goes before the Polygon Protocol Governance Call today (Nov 5, 14:30 UTC); if approved, client work and Amoy testnet rehearsal would take about two weeks.
Should a chain ever rewrite balances to return stolen funds? 👇
#Polygon #POL #Crypto #Blockchain #Binance #Polymarket #CryptoNews #Zimbuck
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🍏✈️ Apple and Boeing have joined the growing revolt against OKXICE's plan to put tokenized US stocks on the blockchain.
The number of companies formally objecting has now hit 62 — up from 50 just days ago. Apple, Boeing, Home Depot, GE Vernova, ServiceNow and Nebius Group are the latest to push back, joining Microsoft, Nvidia, Alphabet and Amazon.
Of the 62 companies OKXICE originally targeted, 54 — about 87% — have now objected. Only eight have stayed silent: Strategy, Coinbase, Robinhood, Circle, Palantir, Super Micro, Securitize and BitGo.
The OKX–ICE venture wants to trade blockchain versions of US equities around the clock on OKX's X Layer, using permissioned Uniswap v4 pools backed by real shares held through broker-dealers.
Wall Street's message is getting louder: not our stocks. 👇
#Apple #Boeing #OKX #TokenizedStocks #Crypto #Stocks #Blockchain #CryptoNews #Zimbuck
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📉 MARKET UPDATE — Nov 5, 2026
Bitcoin has sunk to $76,058 (-5.7%) as a sharp tech selloff drags crypto and stocks down together. Ethereum fell 7.6% to $2,249, while the Nasdaq plunged 5.1% and the Dow dropped 1,600 points, wiping out Wednesday's post-election rally.
Gold held firm near $4,100 (+1%) as investors moved to safety, while oil rebounded 2.6% to $90.45.
#Bitcoin #BTC #Ethereum #Crypto #StockMarket #Nasdaq #Gold #Zimbuck
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🚨 BITCOIN CRASHES BELOW $77K
Bitcoin plunged to around $75,800 — down 5.6% on the day — as a brutal sell-off swept crypto and Wall Street. Ethereum slid under $2,300. In just one hour, $370M in leveraged positions were liquidated, with hourly liquidations topping $560M. The S&P 500 erased $2.2 trillion in under an hour, and the Nasdaq 100 fell 4.4% in the same stretch. Traders now watch $75,000 as the next key level.
#Bitcoin #BTC #CryptoCrash #Ethereum #StockMarket #Liquidations #WallStreet #Zimbuck
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