US gov’t points to Gary Wang’s ’outstanding cooperation’ in FTX case
Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served.
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Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet. 89 Total views 14 Total shares The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue…
Ren Protocol transfers all assets to FTX debtors’ wallet in case of shutdown
Ren Protocol was acquired by Alameda Research in February 2022 to expedite the decentralization of its tech. 98 Total views 10 Total shares Own this piece of history Collect this article as an NFTCross-chain bridge platform Ren Protocol has announced that FTX, Alameda and their affiliates that acquired the platform in 2022 have authorized and…
Institutional inflows into crypto hit lowest levels since October
Managers bought $21 million worth of digital asset investment products last week, according to Coinshares. On a market-cap adjusted basis, Ethereum remains the most popular investment. 2590 Total views 15 Total shares Capital flows into cryptocurrency investment products rose again last week, though the pace of growth has slowed since the start of the year,…
What Is a ‘Circuit Breaker’ and Why Do Exchanges Need Them?
Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit.Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index shedding more than 7% in the morning trading hours. A circuit…
Top-5 Famous Crypto Tokens That Seem ‘Dead’: Analysis
Update, July 20: This article was updated to clarify the fact that the performance of particular cryptocurrency tokens is under evaluation and not the projects backing them.In 2017, the cost of Bitcoin (BTC) reached almost $20,000, and in December 2018, its rate fell to $3,187 per token. Nevertheless, it is a solid price movement for…
How GoMining is revolutionizing Bitcoin mining through NFTs
How can retail investors profit from Bitcoin mining after the halving slashed profit margins?
Portugal proposes 28% tax on annual crypto trading profits next year
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition. 423 Total views 8 Total shares
Binance Research: Ethereum’s Switch to Staking Will Transform Industry
Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake (PoS), staking is set to have a major impact on the industry. The report, published on Oct. 28, highlights that the largest 10 crypto assets supporting — or poised to support — staking represent a cumulative market capitalization of $25.8 billion. As of press…