Day: June 20, 2022

Crypto News Today: RBI on Cryptocurrency Ban in India Latest Update | Crypto Tax | Bitcoin, Ethereum

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency News Today: Cryptocurrency पर RBI (Reserve Bank of India) ने बड़ा बयान दिया है. Cryptocurrency पर सरकार ने 30% Tax पहले ही लगा दिया है, लेकिन अब RBI ने Crypto को Ban करने की बात की है. RBI Governor Shaktikanta Das ने Cryptocurrency (Bitcoin, Ethereum, Sand, Solana, Shiba Inu Coin, Dogecoin) को Tulipmania Bubble से जोड़ दिया है. Crypto Bill की वजह से पिछले महीने India में Crypto Market गिरी थी. Crypto Investors और Crypto Trading Apps (CoinDCX, WazirX CoinSwitch Kuber)…

SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need for regulatory frameworks that mitigate the risks posed by digital assets. SEC Chair Gensler’s Crypto Warning SEC Chairman Gary Gensler cautioned investors last week about crypto lending platforms offering products that seem too good to be true, Reuters reported. The securities regulator’s warning followed crypto lender Celsius Network’s…

Babel Has Been Granted a Reprieve From Debt Repayments

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Babel, based in Hong Kong, expressed that it has reached tentative agreements on the repayment time frame of its recently acquired debts. This, in turn, has reduced the company’s short-term liquidity burden. Babel Finance, the embattled crypto lender which suspended withdrawals on Friday, has received a reprieve on debt repayments as it fights to stay afloat amid a dramatic cryptocurrency market downturn. Babel is in talks with significant institutions about possible remedies, including forming a new business to take up some of the debt. This information comes from a source…

VeChain Heads For Update, Can VET Price Lessen Bearish Pressure?

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VeChain follows the general sentiment in the market and has experienced some relief across low timeframes. The crypto market trended below the critical support zone during the weekend but saw it bounce during today’s trading session. Related Reading | Over $250 Million In Liquidations As Bitcoin Recovers Above $20,000 Buyers have been able to push back bears in the short term but could still face further losses. At the time of writing, VET’s price trades at $0.02 with a 2% profit in the last 24 hours and an 11% loss in…

Solend to Reverse ‘Emergency Power’ Proposal in a Second Vote as Struggle to Solve Whale Liquidation Crisis Continues

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 Solend, a Solana-based borrowing and lending platform, will go back to the ballot box in a flash vote on whether to go ahead with Sunday’s proposal to take control of the platform’s largest account. The Solana DeFi Protocol’s largest account is a $100 million+ whale’s account on the verge of potential on-chain liquidation.  The cryptocurrency borrowing and lending platforms for tokens such as SOL and USDC give its governance token holders six hours to vote on Sunday’s proposal. Voting “yea” on the platform would: 1. Invalidate Sunday’s first vote; 2.…

Comment miner ses premières cryptos facilement (1000€/mois) TUTO – BTM Hors série

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Comment miner ses premières cryptos facilement (1000€/mois) TUTO – BTM Hors série 00:00 : Intro 02:04 : Présentation Kylian 11:35 : Miner Explication 14:40 : Pourquoi miner de l’ether et pas du BTC ? 17:13 : Valeur marché secondaire 18:42 : Le stock chez Mining Corporation 19:37 : Coût de se lancer en tant que mineur ? 21:20 : Tuto logiciels 24:00 : Rentabilité 25:00 : Ethereum 2.0 et proof of stake 28:00 : Tatouage Corpo 28:58 : Installation 30:05 : Conclusion…

Chinese court invalidates 2019 car sale made using now worthless crypto token

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Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards to its recent ruling on a car sale in May 2019 made using digital currency. At the time, the buyer, identified only as Mr. Huang, signed a sales contract to purchase a 2019 Audi AL6 for CNY 409,800 ($59.477) in exchange for the consideration of 1,281 Unihash (UNIH) tokens with an undisclosed car dealership in Shanghai. Per the original contract, the seller was to deliver the car to Huang within three months’…

HM Treasury changes course on collecting data around unhosted crypto wallets

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The government of the United Kingdom said it intends to modify a proposal that would have required crypto firms to collect personal data from individuals holding unhosted wallets that were the recipients of digital asset transfers. In its Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds updated on Wene, HM Treasury said it will be scaling back its requirements for gathering data from both the senders and recipients of crypto sent to unhosted wallets, unless the transaction poses “an elevated risk of illicit finance.” The U.K. government…

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