Month: February 2022

Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year โ€“ Taxes Bitcoin News

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The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced when it comes to cryptocurrency regulation, the specifics of what will be taxed and in which way are still a mystery for traders and holders. The organization is still looking for information to control these tax statements effectively. Spanish Treasury Ministry Will Begin Formulating Crypto Tax Requirements Next Year The Spanish Treasury has announced it will hold off…

IRS court settlement doesn’t clarify crypto staking taxes

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In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had paid on unclaimed and unsold Tezos (XTZ) staking rewards. At the beginning of February, news broke that the lawsuit filed by the Jarretts had come to an end, resulting in the IRS issuing the couple a tax refund for $3,793.ย  Confusion among crypto holders Not long after this news made headlines, confusion among the crypto community piqued. One crypto media publication sent a tweet from…

4 key takeaways from KPMG Pulse of Fintech Report

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As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that thereโ€™s more to look forward to in the coming months. Multinational professional services network KMPG published its biannual Pulse of Fintech report, where the firm tracks and analyzes developments and investments within the financial technology sector. The report highlighted the most notable developments in major regions like the Americas, Asia Pacific and EMEA, and pointed…

Cappasity to Present 3D NFT for E-Commerce in March 2022 โ€“ Press release Bitcoin News

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press release PRESS RELEASE. Cappasityโ€™s platform will allow retailers to create immersive NFTs easily and quickly. The proprietary utility token CAPP will be used in the provision of NFT services. Cappasity lets companies create and deliver 3D/AR experiences to blur the line between online and in-store shopping. It is the first scalable and easy-to-adopt solution for complex e-commerce projects. It takes only 3 minutes/SKU to create a 3D View (data format developed by Cappasity) and embed it into a store. The platform also provides a unique 3D analytics tool based…

Pantera Leads $18M Round for Riftโ€™s Liquidity Mining Alternative

DAOs, which are organized around a core mission and shared treasury, often issue tokens for governance and utility purposes, and also use the tokens to incentivize user deposits, a process called liquidity mining. Critics have said that liquidity mining offers imperfect incentivization and attracts temporary โ€œfarmersโ€ who soak up the rewards and leave when the well runs dry. Source

Alchemy joins Web3 decacorns club following $200M funding

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Web3 development platform Alchemy announced a fresh round of $200 million funding, bringing up the companyโ€™s valuation to $10.2 billion, just above the decacorn threshold. The latest funding round was led by venture capital firm Lightspeed along with Silver Lake, an American global private equity firm. Alchemyโ€™s funding also saw participation from previous major investors as well. As Cointelegraph previously reported in Oct0ber 2021, Alchemy attained a $3.5 billion valuation following a $250 million Series C fundraising round led by Andreessen Horowitz. Since October, Alchemy reported a three-fold growth in…

Owning Just 1 Ethereum Will Be Life Changing by 2030 (INSANE PREDICTION)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Is ethereum a good investment? What will one ETH be worth in 2030? Today we talk cryptocurrency with Tommy WorldPower, founder of Energi! SLAP THE LIKE BUTTON! ๐Ÿ‘‹ Check out Energi: This video is for informational purposes only. DYOR. Watch FULL Interview: Follow Energi on Twitter: Follow Tommy on Twitter: Altcoin Daily, the best cryptocurrency news media online! Is ethereum a good investment 2021? What will ethereum be worth in 2030? This is a clip taken from a sponsored interview. In exchange…