Day: February 17, 2022

New ConsenSys Mesh NFT marketplace pays royalties to creators and collectors

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As the ETHDenver developer conference gets underway, the incubator ConsenSys Mesh told Cointelegraph that it’s planning a Friday announcement regarding a new addition to its portfolio. The team will debut details about TreeTrunk, a nonfungible token, or NFT, platform that aims to eliminate the risk of centralized platforms failing to pay royalty payments from secondary sales correctly or on time. TreeTrunk is launching a beta release on the Polygon Mumbai testnet. According to the company, TreeTrunk has introduced a pioneering smart contract that collects and distributes royalty payments from the…

Coinbase v Coinbase Wallet: What's The Difference?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase and Coinbase Wallet are two very different products, but they seem the same?? Why should you use one over the other? What are the pros and cons? And can I use both in harmony with one another. All of those questions and more are answered in this video. Disclaimer: I am not a financial advisor. This video is for entertainment purposes only. Always do your own research. 👉🏾Get $5 in free Bitcoin on Coinbase: 👉🏾Make Your Crypto Taxes Easy! 👉🏾Get My…

BTC, ETH Prices Fall Lower Against USD – Market Updates Bitcoin News

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Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment. Following a high of $44,309.03 on Wednesday, BTC/USD fell below $43,000 during today’s session, and is down by over 3% as of writing. The move saw BTC hit an intraday low of $42,685.75, sending prices closer to recent support at $41,765.…

FCA Concerned Over Binance Gaining Access to UK Payment Network: Report

CryptoX – Cryptocurrency Analysis and News Portal The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CryptoX employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period.…

Cryptocurrency Trading Platform Uphold Reshuffles Top Brass

“Uphold has enjoyed phenomenal growth under JP’s leadership, which saw the introduction of the Anything-to-Anything trading interface,” McLoughlin said in a statement. “We’re delighted to introduce, shortly, a new revolutionary interface to cement Uphold’s position as the easiest place to invest, pay, or spend its extensive range of digital assets instantly.” Source

India’s crypto tax provides little legal clarity for traders and exchanges

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Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities. The proposal includes a 30% income tax on crypto returns and a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133). The announcement came during the parliamentary budget session for 2022, and the government has already set April 1 as a deadline for crypto exchanges to comply with the new tax regulations. The introduction of the…