Month: February 2022

Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says – Bitcoin News

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Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic of Korea (DPRK) have continued to target financial institutions and crypto platforms such as exchanges, Reuters reported citing a confidential U.N. report. Its annual edition, produced by independent sanctions monitors and submitted to the Security…

Decentralized autonomous organizations: Tax considerations

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A decentralized autonomous organizations (DAO) is an organization that is managed by a computer program powered by blockchain and run by a group of individuals who collectively vote to decide on organizational proposals. Typically, each member’s voting power is determined by their percentage interest in the DAO, which is calculated by dividing the digital assets contributed by a member by the total amount of digital assets in the DAO.  A DAO generally (but not always) operates without the need for a board of directors or other governing body and can…

the Anti-Liquidation Protocol for Crypto-Backed Loans – Press release Bitcoin News

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press release PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive usage of trading instruments, including the use of leverage, has resulted in the imposition of massive amounts of collateral on banks and other financial institutions. In the event of a dramatic market decline, mass liquidations will rise and harm the market unless a method is developed…

Bitcoin Mining ऐसे होती है | How Bitcoin Mining is done | FactStar

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Shorts #YouTubeShorts I’m sure everyone has heard about Bitcoin and it’s skyrocketed price. but have you ever heard of Bitcoin mining? it’s not like coal mining. but it’s the digital form of mining. and this is how Bitcoins are made. but this digital mining of Bitcoin is made in cold places. So in this video, we are going to tell you about how Bitcoin mining is done and also why bitcoin mining done in cold places… #DailyShorts #WeeklyShorts #UniqueShorts #InterestingShorts #FactShorts #FactStarShorts…

Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’

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The price of the Axie Infinity (AXS) token has surged by nearly 40% in three days. AXS rallied to over $65, its best level in more than two weeks, as Axie Infinity revealed a revamped reward structure for its player-vs-player (PVP) competition round. In detail, the play-to-earn startup expanded its number of leaderboard slots to 300,000 and boosted the amount of AXS rewards to 117,676 from the earlier 3,000 for the next season. “This will supercharge the competitive Axie scene and create more demand for quality Axie teams in the…

Minecraft RTX 48% CURSED MINING LOOP #Shorts

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch all of my “Minecraft RTX” animations here: Behind the scenes: Minecraft is an open-world survival game. Uniquely, it does not follow a storyline; rather it presents each player with the challenge of simply existing in the blocky wilderness alongside a wide array of livestock and monsters. From infiltrating undersea fortresses to visiting alternate dimensions, it’s tough to run out of activities in this vast game. #Shorts #YouTubeShorts ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Saudi Princess Reem Al Faisal Launches ‘First’ Saudi NFT Collection – Metaverse Bitcoin News

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Reem Al Faisal, the photography-loving Saudi Arabian princess, recently announced the launch of her first Saudi non-fungible token (NFT) collection on Opensea and an art gallery in the metaverse. Photography Career Saudi princess Reem Al Faisal has launched her first NFT collection, called “Mekkah and Madinah,” on the Opensea marketplace, as well as an art gallery in the metaverse. The NFT collection features the Saudi shrine, Al Kabbah, while six Saudi artists are featured in the art gallery. According to a post on her Instagram account, the Saudi princess says…

Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says – Mining Bitcoin News

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Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it as an economic activity, which will allow the government to tax mining profits. Profits from Cryptocurrency Mining in Russia May Be Taxed Like Those From Securities The personal income tax levy for individual crypto miners withdrawing their profits into the traditional financial system cannot be less than…

Bitcoin will continue dropping! DXY to the moon! 2022 btc prediction

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io As I said on the last video.. Bitcoin has entered a 2022 bear market and my prediction is bitcoin will continue dropping until we test the 200wma or the 300wma. Right now the US Dollar is looking very bullish and holding at a key support level while the stock market is looking pretty bearish. If the us dollar starts pumping while the stock market is dumping this will cause bitcoin to crash much harder and much faster. I use these custom bitcoin…

Machine Learning for Blockchain | Automating Decentralization in Web3

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Artificial intelligence and machine learning provides a unique toolset to enhace smart contract automation. Decentralization in Web3 often requires automating organizational processes that would usually be handled by experts or administrators. Smart contracts automate transactions; oracles provide secure off-chain data transfer and computation and decentralized autonomous organizations (DAOs) automate organizational governance, security and work processes. Often, these processes need high-quality, accurate predictions about the future from current data. For example, smart contracts used in energy microgrids must predict future energy consumption from…