Like traditional exchanges, a crypto exchange is a place where one can buy and sell assets. The difference is noticeable: there will only be bought and sold of cryptocurrency on a crypto exchange. How...
Category: Crypto
Live Crypto News Updates.
Omar Syed and Nischal Shetty of WazirX Reveal a Crypto Project Named Shardeum
Crypto entrepreneurs Omar Syed and Nischal Shetty recently announced a new platform called Shardeum. Both Nischal and Omar have also worked on WazirX, which holds a major portion of the crypto market ...
UK Government Updates Crypto Tax Rules on DeFi, Staking
Her Majesty’s Revenue and Customs (HMRC)—the UK’s tax, payments, and customs authority—has updated the rules that govern decentralized finance (DeFi) and crypto staking. “The lendin...
Crypto ads invade Super Bowl 56
Apparently, the exchange FTX bought ad space for the Super Bowl back in October. FTX brings crypto ads to the Super Bowl We all know that the cost of an advertisement inside the Super Bowl LVI is not...
Binance Coin Trades Marginally as Price Movement Remains Stagnant
Feb 03, 2022 at 11:15 // Price Binance Coin (BNB) price is trading marginally below the $400 resistance level. The price movement was insignificant as small candles called doji and spinning tops were ...
Crypto donations jumped nearly 16x in 2021, new report says
2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto philanthropy. According to research data from The Giving platf...
Beware! A new malware “Mars Stealer” can steal your crypto
According to security researcher 3xp0rt, Mars stealer is an advanced upgrade of the 2019 Oski Trojan and can loot cryptocurrency stored in people’s wallets by attacking the wallets’ browser extensions...
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report – Exchanges Bitcoin News
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is on...
SquaredFinancial Enhances Global Presence, Opens New American Crypto Office
To enhance its offering to American clients, SquaredFinancial, the fintech brokerage headquartered in Europe, announced today that it is launching a US digital asset operation in line with the company...
Hackers Steal Nearly $320 Million Worth of Crypto Assets from Wormhole
In one of the largest crypto thefts of all time, Wormhole Portal, a bridge between Solana (SOL) and other blockchains, was exploited for approximately 120k wrapped ETH. The total value of the stolen c...
This Ethereum Rival Has Potential To Surge by Over 280%, According to Coin Bureau
Pseudonymous Coin Bureau host Guys says that a top ten Ethereum (ETH) rival could rally by up to three times from its current price. In a new YouTube video, Guy tells his 1.92 million subscribers that...
This Super Bowl, Don’t Trust Celebrity Crypto Endorsements (Don’t Trust Yourself, Either)
But there’s no equivalent in crypto, despite some transparency efforts. Everything a project writes about itself, from information about founders to the goals of the project and even some financial da...
Thailand Drops 15% Capital Gains Tax Plan on Crypto
Thailand’s revenue department has abandoned a plan to impose a 15% withholding tax on crypto transactions, according to the Financial Times. The news comes amid opposition from traders in the country....
Texas Governor Greg Abbott Pleads With Crypto Miners to Switch Off
Governor Greg Abbott, who has sought to make Texas a major crypto hub, is worried that the new influx of crypto miners in the state could put too much stress on the power grid. It has come to light th...
A Crypto Wallet by Any Other Name…
In this usage, only a tool that holds keys locally is a crypto “wallet” at all, and any other modifiers or caveats are suspect. In this schema, your crypto on Coinbase or Kraken isn’t in a wallet at a...
UK Tax Dept Confuses Crypto Investors in DeFi and Staking Earnings Pursuit
Britain’s revenue department has turned its eyes to earnings from decentralized finance (DeFi) and staking as it seeks more tax regulations on the crypto ecosystem. On Feb 2, Her Majesty’s Revenue and...
Top 4 Crypto Exchange Affiliate Programs of Early 2022
Every surge in attention to bitcoin ignites the launch of new crypto projects: exchanges, payment services, apps, and media. And, all these projects seem to now be launching an affiliate program. Howe...
Virtual Land? Meh. Buy a Sliver of REAL Land Using Crazy Rich Coin
Crazy Rich Coin: Now there’s a coin that lets you own a slice of real-life property, like a hotel or a petrol station. You can also buy virtual land with it, so you can keep a foot in both camps. Craz...
Thailand Has Just Axed The 15% Tax On Crypto
Thailand’s revenue department has decided to drop the 15% tax levied on cryptocurrency. This is a piece of positive news for the progressing cryptocurrency industry. This decision to do away with impo...
Big Relief for Crypto Stakers and Miners, IRS Won’t Tax Unsold Crypto Tokens
Crypto Stakers and miners could finally breathe a major sigh of relief as the IRS has decided not to tax unrealized gains derived from crypto staking or mining digital assets. This has been a major re...
India Heading Toward Crypto Legalization?
One of the key themes for 2022 is the relationship between governments and the crypto industry. On today’s show, NLW looks at the latest from India, one of the countries with the highest degree of spe...
Texas Crypto Miners Shuttering Operations as Winter Storm Approaches
To be sure, Texas, there are programs available for heavy power consumers such as crypto miners, to incentivize them to lower their energy usage during peak demand periods. For example, in exchange fo...
In Huge Precedent, IRS Says It Will Not Tax Unsold, Staked Crypto
In court filings expected to made public Thursday, the IRS declared it would refund $3,293 in income tax (plus statutory interest) to a Nashville couple who had paid the amount on 8,876 Tezos tokens t...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax – Taxes Bitcoin News
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get...
Crypto Bounce Pauses on Low Volume
“Since the early November peak, there have been four marked, step-like drops in the crypto market,” FundStrat, a global research firm, wrote in a Wednesday briefing. “After each drop...
More than 10% of global working-age internet users own crypto
DataReportal recently released its flagship global overview report–revealing that more than one in 10 working-age internet users owns some form of cryptocurrency. The global digital insight provider a...
IRS Will Not Tax Unsold Staked Crypto As Income
For individuals hoping to earn new tokens by providing security to large blockchains that use proof-of-stake, there may be good news ahead. IRS will not tax your unstaked crypto. A Nashville couple ar...
Fidelity Discusses Future of Crypto Ecosystem — Says Bitcoin Is ‘a Superior Form of Money’ – Featured Bitcoin News
Fidelity Digital Assets has released a report explaining why bitcoin is a superior form of money. The report discusses the future of the digital asset ecosystem and compares bitcoin to newer and small...