Day: February 3, 2022

LABEL Foundation Looks to Revolutionise the Entertainment Industry in the Era of Web 3.0 – Press release Bitcoin News

boss

press release PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for NFTs as 2021 was however, it does beg the question as to what the future of this sector will be like, specifically regarding the music & entertainment sector. The year 2022 is promising us to be the year of the content creators/artists/musicians, with control over the masterpieces never going to middlemen without…

IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy

In 2019, Joshua Jarrett paid income tax on 8,876 Tezos tokens he earned through staking. In 2020, Jarret asked the IRS to return the taxes he paid, arguing that the tokens were not income, but rather “created property.” The IRS currently treats digital assets as property for tax purposes, but assets generated through staking may also be taxed as income, as happened in Jarrett’s case. Source

Bitcoin Death Cross, Should You Be Worried? [Crypto news 2022]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin death cross analysis! BTC and crypto news 2022 💰 CELSIUS $50 FREE ►► (Sign up via mobile app) Promo Code LARK or Referral Code 1825690ce9 🔥 RECEIVE MY FREE INVESTMENT REPORT EVERY WEEK ►► 0:00 Today in Bitcoin 1:30 Bitcoin Analysis 8:44 Bitcoin In The Macro Context #bitcoin #crypto #btc 💰 BINANCE BEST EXCHANGE FOR BUYING & TRADING CRYPTO 👉 10% OFF FEES & $700 BONUS ►► 💱 BITCOIN FUTURES EXCHANGE – $600 FREE 👉 BYBIT ►► 💰 CELSIUS EARN 6.2%…

Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout

boss

Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000 resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extraordinary moves” for stocks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying lower after briefly hitting $36,650 on Bitstamp Wednesday. The weakness followed shock losses for U.S. equities at the Wall Street open on Wednesday, with major names such as PayPal shedding huge portions of their value after underwhelming performance reports. Major stocks have been experiencing extraordinary moves…

Bitcoin education center launches in El Salvador to boost adoption

boss

Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year. Paxful on Wednesday announced the launch of “La Casa Del Bitcoin,” a new educational and training center in El Salvador to enable free learning opportunities related to BTC. https://t.co/qSPHy997JJ — Paxful (@paxful) February 2, 2022 As part of the effort, Paxful will hold educational workshops and talks focused on Bitcoin and financial inclusion in the country. The center will focus on growing awareness around…

Will blockchain’s future be cross-chain or multi-chain?

Bridges: ‘It’s not about the journey, it’s the destination’  What comes to mind when you think of a bridge? The Open Dictionary describes a bridge as “a structure carrying a road, path, railway, etc. across a river, road, or other obstacle.” The above description is apt when we speak about a bridge in the context of blockchain technology. Bridges are essentially a form of transportation and this is no different when speaking about how bridges work within the blockchain ecosystem. Simply put, a blockchain bridge is a form of transportation…

Bitcoin Crypto and GPU Mining Electricity Guide!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io If you want to start earning passive income mining Bitcoin, cryptocurrency, and GPU mining then here is the full VoskCoin Electricity Guide for setting up mining rigs in your home or building your own mining farm! Subscribe to VoskCoin – Buy the VoskCoin Mini Doge miner while supplies last! Learn more about CryptX trading terminals & bots! Get up to $250 for free with BlockFi – Buy Bitcoin miners from Compass – Bobcat Miner sells the BEST Helium miner – Wondering how…

Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise – Finance Bitcoin News

boss

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money valuation of $1 billion. Dune Analytics Secures $69.4 Million in Series B Financing Round, Plans to Offer Financial Compensation to Contributors On Wednesday, the decentralized finance (defi), non-fungible token (NFT), and Web3 analytics platform Dune…

Solana’s SOL Tumbles 10% After $326M Wormhole Exploit

CryptoX – Cryptocurrency Analysis and News Portal DeFi applications use smart contracts to provide financial services, such as trading, lending, and borrowing, to users. Concerns loomed among traders and developers after the exploit. “If nobody backs it and the coins are truly gone then Wormhole ETH is worth 0,” George Harrap, founder of Solana DeFi platform Step Finance, said in an interview with CoinDesk. “Everyone who has a balance of it becomes worthless, DeFi protocols, users, everyone.” Original Source The post Solana’s SOL Tumbles 10% After $326M Wormhole Exploit appeared…

Solana’s SOL Tumbles 10% After $326M Wormhole Exploit

DeFi applications use smart contracts to provide financial services, such as trading, lending, and borrowing, to users. Concerns loomed among traders and developers after the exploit. “If nobody backs it and the coins are truly gone then Wormhole ETH is worth 0,” George Harrap, founder of Solana DeFi platform Step Finance, said in an interview with CoinDesk. “Everyone who has a balance of it becomes worthless, DeFi protocols, users, everyone.” Source