Month: September 2022

Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more

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Bitcoin’s (BTC) and Ether’s (ETH) agonizing 60% and 66% respective drops in price are drawing a lot of criticism from crypto critics and perhaps this is deserved, but there are also plenty of stocks with similar, if not worse, performances.  The sharp volatility witnessed in crypto prices is partially driven by major centralized yield and lending platforms becoming insolvent, Three Arrows Capital’s bankruptcy and a handful of exchanges and mining pools facing liquidity issues. For cryptocurrencies, 2022 has definitely not been a good year, and even Tesla sold 75% of…

Get ready for a swarm of incompetent IRS agents in 2023

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The Internal Revenue Service is hiring 87,000 new agents, but taxpayers will not feel the pain for another two to three years. That’s how long it will take the agency to hire and train agents. Few have discussed the extent of this pain. Still, it’s something to think about when you consider the majority of coming audits will be conducted by new agents, many of whom will have been hastily hired and operating with minimal supervision. Playing the audit lottery will not be smart in future tax years. Taxpayers should…

Prova de Pagamento da Nova Mineradora de Bitcoin (BCTs Mining)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ► Prova de Pagamento da Nova Mineradora de Bitcoin (BCTs Mining) Link pra cadastro da mineradora: ► 🚨 Vídeo passo a passo da nova mineradora de Bitcoin: Nesse vídeo quero trazer para você a aprova de pagamento dessa nova mineradora de Bitcoin, eu já fiz um saque de teste dessa nova mineradora e esse é o segundo saque que fiz e resolvi trazer para vocês. Pois muitas pessoas estão usando essa nova mineradora Bitcoins que eu trouxe aqui para o canal e…

Korean crypto bank partners with Blockdaemon to offer retail staking services

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Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services, giving customers a more seamless way to earn rewards on their digital asset holdings. Delio’s staking services expand its existing crypto-bank offerings, which include lending, deposits and deposit accounts, the company announced Thursday. The new service offering is powered by blockchain infrastructure provider Blockdaemon, which provides a suite of institutional staking products. While Delio didn’t specify which crypto assets will be included in the new staking services, Blockdaemon currently supports integration with over 60 blockchains. Delio representative…

Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam

Another one of Wolfgramm’s businesses, Ohana Capital Financial (OCF), allegedly offered financial services to companies that could not get traditional bank accounts, marketed with the slogan “Banking the Unbankable.” Wolfgramm supposedly told investors that OCF had a board of advisors and that customer funds were bonded, when, in reality, he was spending millions of dollars of customer money on “unrelated business expenses.” Source

Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low – Economics Bitcoin News

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While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept its benchmark bank rate suppressed for quite some time. Following the intervention, the yen rallied as the U.S. dollar took a steep dive against the Japanese yen during Thursday’s trading sessions. However, the greenback has stepped back up to the…

Coinflex plans give 65% of company to creditors as part of restructuring proposal

Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues. In a Wednesday blog post, CoinFlex said under the proposal — which will be subject to a vote and then court approval— creditors will own 65% of the company, while its team members will be allocated 15% of shares as part of an employee share option plan. According to the platform, Series B investors would remain shareholders in the restructured company should the plan be approved. “As with any reorganization, unfortunately, most…

Telos Brings Blockchain to Ivy League Campuses With Hack Boston & Workshops At Harvard University

Blockchain technology is of great interest to participants of hackathons. Therefore, Telos will host the first crypto hackathon ever on an Ivy League Campus. None other than the renowned Harvard University will be home to this three-day event. A Crypto Hackathon At Harvard University Given the growing interest in blockchain technology, it is plausible to assume there will be more hackathons and similar events. These efforts bring together people looking to turn their bright and innovative ideas into working products and services. Those efforts will build even stronger momentum with…

Crypto News Today: Cryptocurrency Tax Latest in Hindi | Bitcoin Market Crash, Shiba Inu Coin News |

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Market In India Latest Update: Crypto Market Crash हो रही है और Bitcoin Price भी लगातार गिर रहे हैं. Best Crypto Coins, Tokens (Bitcoin, Ethereum, Solana, Avalanche) की वैल्यू भी गिर गई है. साथ ही दुनिया भर में Crypto Scam सामने आ रहे हैं. पहले Luna Crash सामने आया, फिर Celsius Network इशू हुआ और अब Crypto Exchange Vauld ने Withdrawals, Deposits और Trading बंद कर दी है. India में 30% Crypto Tax और 1% TDS की वजह से Crypto Exchanges…

FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation – Press release Bitcoin News

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press release PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional skincare protocol and unobtainable beauty standards by bringing its renowned beauty range LUNA into the 21st century with NFTs of its leading products before traditional launch. Brands have the opportunity to bring their products to a whole new market, connecting younger generations with tailored, innovative skincare…