Day: May 17, 2022

China returns as 2nd top Bitcoin mining hub despite the crypto ban

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The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged as one of the worldโ€™s largest Bitcoin (BTC) mining hubs, according to a new report. China became the second-largest Bitcoin hash rate provider as of January 2022, months after the local government banned all crypto operationsย in the country, according to the latest update from the Cambridge Bitcoin Electricity Consumption Index (CBECI) shared with Cointelegraph on Tuesday. Bitcoin miners in China accounted for 21.1% of the total global…

I've used the Coinbase Card for 6 Months now and Here's What I Found | 6 Month Review | Deep Dive

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io I switched everything over to the Coinbase Card and now its been 6 months! In this video we cover how much we earned in rewards, best way to use the Coinbase Card, pros & cons, and common questions people have. Donโ€™t forget to use the referral codes! Celsius: Your Home for Crypto Join Celsius Network using my referral code 10331994f3 when signing up and earn $50 in Bitcoin with your first transfer of $400 or more! #UnbankYourself Coinbase: Click this link to…

RBI warns of crypto โ€˜dollarizationโ€™ of Indian economy

Officials from the Reserve Bank of India (RBI) have reportedly sounded the alarm bells again over crypto adoption, which they claim will ultimately lead to the โ€œdollarizationโ€ of the local economy. According to a Monday report from the Indian branch of the Economic Times โ€” which cited unnamed sources โ€” the RBIโ€™s concerns are focused on U.S. dollar-dominated cryptocurrencies taking away market share from the Indian rupee. The publication notes that RBI officials, along with its governor Shaktikanta Das, provided a briefing to the Parliamentary Standing Committee on Finance this…

RBI warns of crypto ‘dollarization’ of Indian economy

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Officials from the Reserve Bank of India (RBI) have reportedly sounded the alarm bells again over crypto adoption which they claim will ultimately lead to the โ€œdollarizationโ€ of the local economy. According to a May 16 report from the Indian branch of the Economic Times โ€” which cited unnamed sources โ€” the RBIโ€™s concerns are focused on U.S. dollar-dominated cryptocurrencies taking away market share from the Indian rupee. The publication notes that RBI officials, along with its governor Shaktikanta Das, provided a briefing to the Parliamentary Standing Committee on Finance…

Portugal to Tax Cryptocurrency Income According to Minister of Finance โ€“ News Bitcoin News

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Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of โ€œjusticeโ€ and โ€œefficiency,โ€ and declared that there cannot be gaps for any income gains to be obtained without taxation. Portugal to Tighten Cryptocurrency Taxation Policy Portugal, one of the countries that has been touted as a crypto…

Twitch co-founder raises $24M for Web3 gaming firm Metatheory

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Web3 gaming and entertainment company Metatheory founded by Twitch co-founder Kevin Lin has raised $24 million in a Series A funding round on Monday. The round was led by crypto capital venture firm Andreessen Horowitz (a16z), with participation from Pantera Capital, the venture arm of the FTX cryptocurrency exchange, FTX Ventures, and other venture firms,ย according to the announcement. Metatheory was launched in November 2021 around one year after Lin left Twitch, where he wrote in a Medium article at the time that he was creating the gaming company and also…

El Salvador Adopted Bitcoin As A National Currency. Hereโ€™s How Itโ€™s Going.

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Itโ€™s been seven months since El Salvador President Nayib Bukele declared bitcoin as a national currency, but so far, the country has seen confusion, glitchy transactions and fluctuating prices that have left most Salvadorans slow to adopt. NBC Newsโ€™ Gadi Schwartz has a closer look.ยป Subscribe to NBC News: ยป Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly…

Japanโ€™s largest investment bank Nomura readies new crypto subsidiary

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The largest investment bank in Japan, Nomura, is set to establish a new subsidiary company to help institutional clients invest in cryptocurrency and nonfungible tokens (NFTs). The Financial Times reported on Tuesday that people with knowledge of Nomuraโ€™s plans said the firm will bring together several crypto services under one single company with a staff of about 100 people by 2023. Nomura is one of Japanโ€™s ten largest banks, with $569 billion in assets under management as of Q1 2022. Nikkei Asia, a Japanese news outlet,ย reported that the subsidiary company…

๐Ÿšจ Bitcoin Update – $30K or $50K | BTC Analysis in Hindi | Ape Coin and Altura Airdrop

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Sign up for Altura FREE 25$ airdrop here- Follow Altura on twitter form more update- Want to learn how to read charts? Get my technical analysis course : LOWEST PRICE EVER ON MY Course- Coupon – APRILOFF Join us on telegram- Telegram Channel If telegram links don’t work Use this — or Search cryptojargon69 on telegram Best Hardware Wallet from Ledger- Buy Legder Wallets here – Get these Updates and many more in your mail, Sign up for Free Newsletter- Music By-…

Careful with Your Discord Server

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Origin Protocolโ€™s co-founder Josh Fraser pointed out some of the popular platformโ€™s vulnerabilities Ever since its founding in 2015 as a tool for connecting and communicating with other gamers, Discord has very quickly established itself as the de facto community communications platform of choice for blockchain- and crypto-based projects and businesses of every conceivable type. From exclusive, invite-only Discord servers for NFT collections to airdrop and insider news communities, countless blockchain, NFT, crypto, DeFi, and Web3 projects use Discord as their go-to community engagement and marketing platform. Unfortunately, many server…