Parler, the right-leaning social media app has announced the launch of its new Solana NFT marketplace, DeepRedSky. Donald Trump and the CryptoTRUMP NFT Club DeepRedSky’s first NFT collection is the Official CryptoTRUMP Club featuring the 45th President of the United States, Donald Trump. The limited-edition collection comprises 10,000 CryptoTRUMP, including 250 extremely rare NFTs, priced at $2,750 each. The collection depicts a graphical representation of a tuxedoed Trump holding a Diet Coke; cowboy Trump in a broad-rim hat with a gun belt slung around his shoulder; and a besuited Trump on a beach with a piratical eye patch covering his left eye among others. Commenting on the development, CEO of Parler, George Farmer, said: “The development of DeepRedSky is an essential next step toward the company’s mission to be a frontrunner in Web3 technologies. As promised, Parler is launching its inaugural NFT marketplace that will become the new standard in premium branded NFTs.” Promoting Free Speech and Protection Parler is a social media platform that claims to protect against the ‘authoritarian powers of Big Tech, Big Government, and cancel culture.’ Comprising 16 million users, the platform uses the First Amendment of the U.S. Constitution as a guide, allowing people to speak freely without fear of being suspended or labeled ‘dangerous’ and banned. DeepRedSky is the latest Solana NFT project Parler has been involved with, the previous featuring former First Lady of the United States and wife of Donald Trump, Melania Trump.

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South Korea soars in the crypto market with $45 billion in 2021. In between, the crypto market in the country ...

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Bitcoin could be banned in the European Union from early 2025 if the European Parliament fails to scrap an amendment to the Markets in Crypto-Assets (MiCA) framework. MiCA is the increasingly anticipated crypto regulatory framework for the European Union. According to a report released by German cryptocurrency media outlet BTC-ECHO, there is a provision forbidding […]

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Coinbase Global Inc., Gemini Trust Co. and Robinhood Markets Inc. are among firms helping to build a platform to comply with a U.S. money-laundering rule as crypto and financial-technology companies seek to satisfy existing requirements and head off stricter oversight. A group of 18 companies is setting up the platform to help meet conditions of […]

The Republic of the Marshall Islands (RMI), an independent island country near the Equator in the Pacific Ocean, has announced it will allow decentralized autonomous organizations (DAOs) to register as legal entities recognized by the international legal system. This development was made possible through the RMI’s recent passage of the Non-Profit Entities (Amendment) Act 2021, […]

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The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, which has not yet been approved, changes some of the harsher penalties that were declared illegal by the Court of Justice of the European Union […]

House representatives have reintroduced a bill that aims to give tax relief to small crypto transactions, exempting traders from paying taxes on payments less than $200. First introduced in 2020, the Virtual Currency Tax Fairness Act is an amendment to the Internal Revenue Service’s tax code, and has been resurfaced by Reps. Suzan DelBene (D-Wash.), […]

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Reading Time: 4 minutesThe Geneva Convention was signed in 1949, a reaction of sorts to World War II. The Second Great War...