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BCCC establishes Taxation Committee, Harmony’s ONE token drops, new wallet purchases 3,877 ETH, and other Web3 news

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  • The Blockchain Promotion Council (BCCC) has established a Taxation Committee to address tax issues related to cryptocurrencies, stablecoins, and DeFi, with a kickoff event scheduled for September 15 in Tokyo. (📰WEEX)
  • A new wallet purchased 3,877 ETH for $7.31 million at an average price of $1,886.55 after withdrawing stablecoins from Binance, while ETH’s price is currently facing resistance and bearish momentum. (📰blockchain.news)
  • Harmony’s ONE token dropped over 30% following an unauthorized mint of 4 billion tokens, prompting the team to pause the Horizon Bridge and request exchanges to freeze suspect funds. (📰blockchain.news)
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