The video of Andrew Tate, who was 2022’s 8th most Googled person, was published by popular YouTube personality and criminal lawyer, Bruce Rivers, earlier this month. But the strategy Tate touted for bitcoin tax avoidance would likely run afoul of the law in many jurisdictions. Original
India is unlikely to change its restrictive crypto tax rules when Finance Minister Nirmala Sitharaman unveils the country’s new budget on Wednesday, CoinDesk has learned. Source
Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last 134 days. Ethereum Classic Loses Luster After The Merge Ethereum Classic (ETC) was the center of attention just before Ethereum’s (ETH) big transition, but has since lost its PoW dance partner. Since Ethereum’s transition from…
The card will allow users to make payments with 13 cryptocurrencies, including bitcoin, ether and Binance USD. Binance’s card charges a 0.9% fee per transaction, Binance said, adding that it will offer up to 8% in cashback with crypto and allow ATM withdrawals without fees. Source
Over a decade ago, the cofounders of TopIQs were freelance internet marketers dealing with many of the frustrations that still irk freelancers today. They invested significant time pitching, landing and completing projects for clients on freelance marketplaces. When it was time to get paid, they spent weeks or months chasing payments or resolving account issues and fraudulent chargebacks—only to owe a high percentage of marketplace and financial service fees in the end. “Traditional freelance marketplaces take up to 20% of fees for any job,” said Steve Talbot, one of the…
Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of their lives. Many developers are seeking ways to bridge the gap between these two iterations of the web. Cointelegraph spoke with Bruno Guez, the CEO of Revelator, to understand why he believes already existing Web2 financial tools like credit cards can actually be bridges to usher new users…
Bitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Prices rose close to $24,000 on Sunday, following a breakout of a key resistance level. Ethereum fell back below $1,600 on Monday, after moving to a one-week high during yesterday’s session. Bitcoin Bitcoin (BTC) remained near a five-month high on Monday, following a strong rally towards $24,000 over the weekend. Following a high of $23,919.89 on Sunday, BTC/USD fell to a low of $23,166.83 to start the week. Sunday’s surge saw BTC bulls push prices…
The inquiry will investigate the extent of the risk to the charity’s assets and whether the trustees are complying with their duties around protection of said assets. Source
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original
Around $900 million is estimated to be frozen on the platform as a result. Gemini itself blamed the halt on a similar freeze at the now bankrupt crypto lender Genesis, a unit of the blockchain conglomerate Digital Currency Group (which also owns CryptoX), on which the exchange had invested its Earn customers’ funds. Source ClaimsCryptoExchangeFDICGeminiInvestigatingRegulatorReportYork CryptoX Portal