Powell will skew on the hawkish side at Jackson Hole, analysts said. Source
Bitcoin's 10% Weekly Drop Puts Bears in Control Ahead of Jackson Hole Symposium
Month: August 2022
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major traditional finance players. Various stablecoin providers collectively held $80 billion worth of short-term U.S. government debt as of May 2022, according to a study by the investment bank JPMorgan, The Financial Times reported on Aug. 20. Tether, Circle and other stablecoin firms accounted for 2% of the total market for the U.S. Treasury bills, holding a bigger share of T-bills than totally owned by Warren Buffett’s investment giant Berkshire Hathaway.…
CONFIRMADO! ETHEREUM 2.0: ALTAS TAXAS – EOS – CARDANO VASYL – BTC – META – CRO – BRASIL CRIPTO HOJE
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💥 Ethereum Foundation esclarece sobre reduzir as taxas 💥 Regulação no Brasil vai unir Criptos, Pix, Open Bank e Real Digital 💥 Atualização Ethereum The Merge 💥 Cardano también se prepara para Vasyl 💥 META lança plataforma Horizon na Espanha e França 💥 Empresa mineira devolve 26 mil Rigs de mineração 💥 Celsius recebe permissão para vender Bitcoins 💥 Por que EOS dá um salto del 24% 👉Bem-vindos a CryptoMinuto. As notícias de hoje do mercado cripto. Se você ainda não se…
Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher
Meanwhile, the researcher added that over 113,000 ether sent to Tornado Cash was additionally converted to renBTC, a token on the Ethereum network that represents bitcoin, through decentralized exchanges Uniswap and 1inch. The renBTC was later transferred from Ethereum to Bitcoin and redeemed for spot bitcoin. Source
Hackers Used Deepfake of Binance CCO to Perform Exchange Listing Scams – Exchanges Bitcoin News
A set of hackers managed to impersonate Binance chief communications officer (CCO) Patrick Hillmann in a series of video calls with several representatives of cryptocurrency projects. The attackers used what Hillman described as an AI Hologram, a deepfake of his image for this objective, and managed to fool some representatives of these projects, making them think Hillmann was helping them get listed on the exchange. Binance CCO Patrick Hillmann Impersonated by Third Parties Hackers and scammers are refining their methods by including more technological tools in their schemes.…
Australia to Use ‘Token Mapping’ as Framework for Crypto Regulation
“The great Web3 companies of tomorrow need the flexibility to be able to innovate today,” Holger Arians, CEO of Banxa, an Australia-based fiat to crypto exchange, told CoinDesk in a text message, reflecting concerns that since the space is evolving quickly, regulation will need to adjust. Source
BendDAO contract drained overnight with 15 ETH left to pay lenders
Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 WETH to pay lenders, and an estimated 15,000 Ether (ETH) left to be paid to lenders. Researcher NFTStatistics.eth dissected the issue in a Twitter thread, highlighting that NFT borrowers in the platform should now pay 100% interest on the ETH they borrowed. In addition, the debt positioned against the NFTs is also on the rise. Furthermore, the researcher noted that many of the NFTs that have been…
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
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…