Day: August 22, 2022

BlackRock Partners With Coinbase: Expands Bitcoin Adoption | Bitcoin News

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The BM Live team break down the latest deal between Coinbase and BlackRock to make it easier for institutional investors to manage and trade Bitcoin. While it’s always best to custody your own Bitcoin this will allow more people to gain exposure to Bitcoin! Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount! Use promocode: BMLIVE for 10% off everything in our store! #bitcoin #blackrock #coinbase #btc #news #btcnews #bitcoinnews #bitcoinmagazine…

S. Korea mulls ‘gift tax’ for airdrops

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The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a gift tax under the Inheritance and Gift Tax Act despite the postponement of crypto gains tax to 2025. Cryptocurrencies are officially referred to as part of virtual assets under South Korean law. In response to a tax law inquiry about transfers of virtual asset airdrops by crypto exchanges, the South Korean tax authority said that any free virtual asset transfer by crypto exchanges in…

S. Korea mulls ‘gift tax’ for airdrops

The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a “gift tax” under the Inheritance and Gift Tax Act despite the postponement of crypto gains tax to 2025. Cryptocurrencies are officially referred to as part of virtual assets under South Korean law. In response to a tax law inquiry about transfers of virtual asset airdrops by crypto exchanges, the South Korean tax authority said that any free virtual asset transfer by crypto exchanges in…

What’s going on with Cardano testnet and Vasil hard fork?

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Cardano founder Charles Hoskinson has continued to refute claims that the Cardano’s testnet is “catastrophically broken,” implying the need to finally move forward with the long-delayed Vasil hard fork. In a Twitter thread on Aug. 21, Hoskinson shared his frustration concerning some of the videos claiming Cardano’s testnet has a “catastrophic” issue, which stems from an Aug. 19 thread from Cardano ecosystem developer Adam Dean. The developer claimed that the testnet is “catastrophically broken” due to an undiscovered bug in Cardano’s Node v 1.35.2 that creates incompatible forks — which…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Introduction in Sinhala. Join Binance: // THESE ARE NOT FINANCIAL ADVICE AND I AM NOT A FINANCIAL ADVISOR. ONLY INVEST WHAT YOU CAN AFFORD TO LOSE. It is illegal to convert LKR to any other currency without being given permission from a regulatory institute in Sri Lanka. Therefore only do these If only you earn USD or any other foreign currency. // Introduction to crypto, bitcoin, and other altcoins. ✔️ My VLOGS Channel: 🥨 මගේ සයිට් එක : | | 📹…

BTC to lose $21K despite miners’ capitulation exit? 5 things to know in Bitcoin this week

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Bitcoin (BTC) starts a new week fresh from a new multi-week low amid a return of highly nervous sentiment. After dipping below $21,000 over the weekend, the largest cryptocurrency is consolidating around 10% lower than a week ago, and the fear across crypto markets is clearly visible. As some call for new lows and others warns of a difficult few months ahead, there is plenty for bulls to contend with on both long and short timeframes The United States Federal Reserve’s annual Jackson Hole symposium is due this week, while…

Average Bitcoin transaction fee drops under $1 as network difficulty recovers

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The average transaction fees on the Bitcoin (BTC) blockchain fell below $1.00 for the first time in over two years, further strengthening its use case as a viable mainstream financial system. High transaction fees over blockchain networks work against the users, especially when making low-value transactions. For example, transaction fees over the Ethereum blockchain skyrocketed several times during the nonfungible token (NFT) hype, inducing stress on general users. While the Bitcoin ecosystem has also endured its fair share of high transaction fees in the past, timely upgrades — including the Lightning…

Russian Caught Mining Crypto in Covid-19 Clinic – Mining Bitcoin News

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An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto farm. Altai Resident Apprehended for Running Underground Crypto Mining Operation An employee of the republican hospital in Gorno-Altaisk, the capital town of the Altai Republic in southern Siberia, has been arrested for setting up a crypto farm at a medical facility. He had been running the…

Bitcoin Emergency Update 😱 | Crypto News Today Hindi | Urdu | Bnb & Ethereum Big Analysis

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GameStop NFT daily fee revenue plunges under $4K as gloom infects markets

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Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July. According to data from DappRadar, GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours. With the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue during that time. DappRadar’s limited data on GameStop appears to confirm figures actually plunged down to around $2000 as trading volume has pumped 91.23% over the…