Lloyds Bank, one of the largest financial services providers in the UK, released its results for Q4 and full-year 2021 today. The banking giant saw a jump in net income as the number reached £15.8 bil...
Tag: Income
Plots Of Virtual Land In Games Can Bring Lucrative Income Opportunities
Virtual Lands have been all the rage in the past few months. The nascent metaverse concept has been turning heads and topping the charts of digital innovations in the crypto sector. Although the idea ...
Makes Passive Income With Bitcoin Easy
Zest Protocol is here to provide access to sustainable Bitcoin yield, for liquidity providers, through its lending pools. An on-chain Bitcoin capital market for institutional borrowers, Zest allows op...
Why Earning a Sustainable Passive Income from DeFi Platforms Is About to Get Easier for the Average Investor
Although many altcoin projects play host to DeFi and NFT projects nowadays, an overwhelming majority of them still live on the Ethereum blockchain. While both digital assets are making the concept of ...
3 Ways To Add Income Strategies Back Into Your Portfolio
Is it time to dip your toes back into certain income strategies? getty After a decade of zero interest rates and a dearth of available income opportunities, investors are finally getting a chance to d...
Uptake Driven by Confidence, not Age or Income
Crypto is becoming more widely adopted. But who are the newbies and why are they onboarding now? Cryptocurrency uptake is accelerating. The onboarding process has recently been put under the microscop...
Tax Strategies for Your Retirement Income
When you retire, your income usually flows from three possible sources: Social Security benefits, distributions from individual retirement accounts (IRAs) and retirement plans, and funds from savings ...
Inflation Is Red Hot. How to Protect Your Portfolio and Grow Income.
Income investors—especially those who depend on fixed coupons from bonds—face a hit to their purchasing power as inflation stands above 7%. One strategy to hedge against such big price increases, howe...
Tempus Finance: Decentralized Fixed Income
Today, more and more investors want to explore blockchain as its potential to the finance industry, Tempus Finance is here to meet the demands and give a new way to approach blockchain investments. Bl...
Jack Dorsey invests $55M to experiment universal basic income
Jack Dorsey, the co-founder of the most popular social media platform Twitter has turned to Bitcoins. Recently, he discussed the implications of a coin designed by Satoshi Nakamoto powered universal b...
Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll ...
IRS May Not Tax Passive Income From Holding Crypto Right Away
rear view of businessman sitting on green grass landscape with laptop watching view with flying large group of money over sunny blue sky getty What Happened Taxation of staking rewards has been a cont...
After a Court Battle, the IRS Might Not Impose Income Taxes on Unsold, Staked Crypto
The United States Internal Revenue Service (IRS) could stop taxing digital assets obtained through staking. The agency added that it will refund the tax paid by a Nashville couple on tokens they had e...
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...
India Proposes 30% Tax on Crypto Income, Announces Digital Rupee Launch
The government of India revealed on Tuesday that it would be launching a digital rupee and start taxing income from crypto, The Hindustan Times reported. In her Budget 2022 presentation, Indian financ...
Solana-Centric Passive Income Platform Flint Goes Live: Details
Vladislav Sopov New passive income instruments are now released for Indian crypto fans in beta Contents Flint goes live in beta with ultra-high APY rates $500 million to fuel Solana’s DeFi ecosy...
India to Launch CBDC by 2022-2023, Proposes 30% Tax on Crypto Income
Having made this declaration on the digitized rendition of the Indian rupee, India’s first Woman Finance Minister also offered the implementation of a thirty percent tax on crypto that focuses on the ...
India Budget 2022: Crypto Income To Be Taxed 30%
India welcomes the new crypto tax regime, as the government announces a flat 30% tax on income from all digital assets. Crypto Becomes Legal Asset In the 2022 Budget Speech, Finance Minister Nirmala ...
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions – Regulation Bitcoin News
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in trans...
India’s CBDC to Arrive in the Next Fiscal Year, Crypto Income to be Taxed 30%
Nirmala Sitharaman – Finance Minister of India – reportedly disclosed that the country’s central bank will launch a digital currency in the next financial year (running between April 1 and March 31). ...
India to tax crypto income at 30%, launch CBDC in the fiscal year 2023
India has provided a much-anticipated clarity on crypto taxation in its Union Budget for the fiscal year 2022-23. The budget, presented on Tuesday by India’s Finance Minister Nirmala Sitharaman,...
Wizardia Play-to-Earn Game Introduces Multiple Income Strategies: Details
Vladislav Sopov Wizardia, a cutting-edge fantasy Metaverse for play-to-earn enthusiasts, allows users to benefit in multiple ways Contents NFT sales, gaming royalties, prizes and bonuses: Introducing ...
Corning net income rises by 93% and powers past estimates, shares rise
Corning Inc. GLW, -0.08% said Wednesday its fourth-quarter net income increased to $487 million, or 56 cents a share, compared to $252 million, or 28 cents a share, in the year-ago quarter. The glass ...
How to pick the best staking coins for passive income
What is crypto staking? Crypto staking involves locking up one’s cryptocurrency holdings to earn interest or rewards. Technically, “staking” is how certain blockchain networks verify transactions. Fro...
Bank of America’s net income hit a record high in fiscal 2021
Bank of America Corp (NYSE: BAC) popped up nearly 5.0% on Wednesday after the multinational said its profit topped expectations in Q4. But the stock then gave up almost the entire intraday gain on low...
The Income Taxation Of Creators, Investors, Dealers And Collectors Of NFTs
NFT text, written on a notebook with calculator,pen on officebackground. getty The creative process of individuals, and the medium through which a Creator works, is constantly expanding, including dig...
Silvergate Bank's Quarterly Net Income Dips 9% to $21.4M
Crypto-focussed Silvergate Bank’s Q4 net income dipped nearly 9% to $21.4 million from $23.5 million in Q3. The bank’s digital currency customers grew to 1,381 at the end of December from ...
Generate passive income from gaming with Cyborg Legends
In 2021 the NFT Play-to-Earn (P2E) gaming market started to boom. This new gaming model gives power back to gamers, allowing them to earn currency whilst playing. Although still a relatively new model...