Day: March 3, 2023

Ride With BitKeep and Seize the Opportunity as Arbitrum Argonaut Makes Waves – Press release Bitcoin News

boss

press release PRESS RELEASE. How to participate in the Arbitrum ecosystem as Layer 2 continues gaining traction? The Ethereum’s Layer 2 (L2) players have been performing exceptionally well to date, with impressive TVLs in the ecosystems of Arbitrum, Polygon, and Optimism as the market rebounds. Among these, Arbitrum has the largest TVL, accounting for almost 50% of L2 markets and 3% of the entire Ethereum mainnet. Arbitrum has consistently demonstrated strong operational capabilities with technical upgrades: the launch of dual mainnets – Arbitrum Nova and Arbitrum One and the debut…

SoftBank’s Arm Plans to Pursue US-Only Listing This Year, Shuns UK

British tech giant Arm has decided on a US listing alone in 2023 as “the best way forward for the company”. SoftBank-owned semiconductor technology firm Arm recently announced its intent to pursue a US-only listing in 2023. On Friday, Arm ended speculation that it could conduct a primary or secondary listing in the UK. In a statement, Arm chief executive officer Rene Haas said: “After engagement with the British Government and the Financial Conduct Authority over several months, SoftBank and Arm have determined that pursuing a US-only listing of Arm…

Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank

boss

The popular fintech bank Silvergate Bank lost five crypto partners on March 2, owing to a slew of investigations and lawsuits against it. Coinbase, Paxos, Gemini, BitStamp and Galaxy Digital were some of the most notable crypto firms that were using Silvergate as their banking partner. However, the termination of service by Coinbase has also forced a crypto hedge fund to look for an alternate banking partner. Today Silvergate has lost CoinbaseCirclePaxosGalaxyCBOE RIP https://t.co/XlexB5u2wD — db (@tier10k) March 2, 2023 On March 3, a crypto hedge fund called Digital Asset…

A Fundamental Dispute Floor Price Jumps 95% after Mint

It’s the era of on-chain NFT collections. A fundamental dispute floor price breaks a new record. Read about it here.  You’re into nostalgic art? This collection will surely catch your eye. A fundamental dispute is a generative art NFT collection existing fully on-chain. What does that even mean? Basically, all of the data and code used to render the artwork is living on the Ethereum blockchain. Forever. Well, as long as the blockchain itself exists. And, the collection has been performing incredibly well since its launch. Let’s see what this…

Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season – Taxes Bitcoin News

boss

The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially seizing cryptocurrency associated with tax debts and criminal activity. Spanish Tax Agency to Intensify Crypto Tax Oversight The Spanish tax agency is preparing its crypto strategy for the upcoming tax collection season. On Feb. 27, the agency revealed several guidelines to increase the collection of taxes related to…

Ripple CEO Expects Lawsuit with SEC to End in 2023

The Ripple chief had already earlier specified that the lawsuit with the SEC would reach a resolution in the first half of 2023. The lingering legal battle between the US Securities and Exchange Commission (SEC) and Ripple is expected to finally come to an end in 2023. The case, which began in December 2020, involved the payment protocol and two of its executives – Christian Larsen and Bradley Garlinghouse. The Commission alleged that the company and the executive sold unregistered XRP tokens, raising $1.3 billion. According to the filing, Ripple…