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New IRS Rules Mandate Reporting For DeFi Brokers: What This Means For Crypto Transactions
In a significant development for the cryptocurrency landscape, the US Internal Revenue Service (IRS) has finalized regulations that will require decentralized finance (DeFi) brokers to report gross proceeds from digital asset transactions. дальше »
2024-12-28 10:30 | |
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Crypto travel platform Travala introduces Bitcoin reserve plan
Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue. The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its… дальше »
2024-12-11 18:05 | |
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Bitcoin Mining Companies Experience Record Low Profitability In September, Report
Bitcoin (BTC) mining companies are experiencing significant challenges as a key measure of profitability has reached its lowest point in recent records. Analysts from JPMorgan Chase, Reginald L. Smith and Charles Pearce, indicated that daily block reward gross profit for miners declined by 6% month-over-month in September. дальше »
2024-10-2 04:30 | |
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Bitcoin and the Himalayas: How Bhutan Became a Crypto Powerhouse
Tiny nation state Bhutan has mined 13,011 Bitcoin (BTC) worth over $780 million—almost one-third of its entire gross domestic product (GDP). дальше »
2024-9-18 22:47 | |
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Strong US GDP data puts Bitcoin, Jasmy, Avalanche recovery at risk
Falling cryptocurrencies like Bitcoin, Jasmy, and Avalanche could face further downsides after the U.S. published strong gross domestic product and jobless claims data. дальше »
2024-7-27 16:49 | |
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Breaking: Yen hits nearly four-decade low against dollar, euro and pound
The Japanese yen continued to weaken against a basket of currencies on Monday, touching its nearly four-decade low against the American dollar after data showed that Japan’s gross domestic product (GDP) contracted by more than expected during the opening quarter. дальше »
2024-7-1 16:26 | |
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OpenAI co-founder Ilya Sutskever launches AI firm focused on safety above all
OpenAI co-founder and former chief scientist Ilya Sutskever announced he is launching a new AI firm that will primarily focus on developing a “safe superintelligence. ” Former OpenAI member Daniel Levy and former Apple AI lead Daniel Gross are also co-founders of the firm, dubbed Safe Superintelligence Inc. дальше »
2024-6-20 00:40 | |
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Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030
The intersection of artificial intelligence (AI) and crypto is poised to unleash a notable wave that could add a staggering $20 trillion to the global gross domestic product (GDP) by 2030, according to a recent report by Bitcoin ETF issuer Bitwise. дальше »
2024-6-14 06:00 | |
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Jack Dorsey’s Block To Invest 10% Of Bitcoin Profits Into Monthly BTC Buys
Jack Dorsey’s financial services and digital payments company, Block Inc. , announced it will begin investing 10% of its monthly Bitcoin-related gross profits into BTC purchases. This announcement was made following the release of Block’s first-quarter earnings for 2024, which demonstrated substantial profits from its Bitcoin operations. дальше »
2024-5-3 10:05 | |
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SEC lawyers resign after censure for ‘gross abuse of power’ — Bloomberg
Former lawyers from the SEC have resigned following a federal judge's sanctions against the agency for committing a "gross abuse of power." The post SEC lawyers resign after censure for ‘gross abuse of power’ — Bloomberg appeared first on Crypto Briefing. дальше »
2024-4-23 00:13 | |
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SEC lawyers quit amid another legal blow for agency: report
A Bloomberg report says that two US Securities and Exchange Commission (SEC) lawyers have resigned after the latest criticism levelled against the securities regulator. Judge sanctions SEC for “gross abuse” of power The lawyers’ resignations come after federal Judge Robert Shelby ruled that the SEC’s case against Digital Licensing Inc., or Debt Box, was replete […] дальше »
2024-4-23 23:00 | |
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Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg
Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg. дальше »
2024-4-23 22:42 | |
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Ripple exec calls out SEC's "gross abuse of power"- What next for XRP?
Ripple's CLO disputed SEC's integrity citing past criticisms and sanctions for abuse of power. SEC's inconsistent crypto guidance was highlighted, which confuses market participants. Amidst The post Ripple exec calls out SEC's "gross abuse of power"- What next for XRP? appeared first on AMBCrypto. дальше »
2024-4-5 20:00 | |
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Federal court sanctions SEC for gross misconduct in Debt Box case
A United States district court has sanctioned the Securities and Exchange Commission (SEC) for demonstrating “bad faith” in its legal actions against Debt Box, a company accused of operating a $50-million fraudulent cryptocurrency scheme. дальше »
2024-3-19 10:51 | |
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SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules
A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order. дальше »
2024-3-19 02:30 | |
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Chinese Filecoin Mining Firm Faces $83.3 Million Controversy; Traders Predict a Meteoric Rise for Ethereum (ETH) And InQubeta (QUBE)
Shenzhen Shikongyun Technology, a prominent Filecoin (FIL) mining company in China, is facing serious allegations of gross misconduct and misdeeds brought forward by users. This distressing situation has prompted a comprehensive investigation into the operations of Filecoin. дальше »
2023-8-25 11:00 | |
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VCs firms face class action amid allegations of abetting FTX fraud
A class action complaint, recently filed on Aug. 7, implicates several venture capital firms, painting a grim picture of alleged gross financial mismanagement and deceptive practices. The plaintiffs, representing a class of impacted investors, allege that the group assured customers that their assets belonged solely to them and would not be transferred to FTX. дальше »
2023-8-9 14:38 | |
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IRS Classifies Crypto Staking Rewards As Taxable Income Upon Receipt
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income. дальше »
2023-8-2 02:00 | |
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Is the UK heading towards a sovereign debt crisis?
Quick Take The United Kingdom is currently facing a challenging financial environment as its household and government debt levels rise alarmingly. Household debt has skyrocketed, reaching 200% of the country’s Gross Domestic Product (GDP), while the government debt has equally grown, constituting 100% of GDP. дальше »
2023-7-7 21:34 | |
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BlockFi CEO Zac Prince Accused of Fraud, Dishonesty, Incompetence and Gross Mismanagement
Creditors of BlockFi ask the New Jersey Dsitrict Court to Step in to Curb Excessive excess The post BlockFi CEO Zac Prince Accused of Fraud, Dishonesty, Incompetence and Gross Mismanagement appeared first on BeInCrypto. дальше »
2023-6-29 16:45 | |
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As Web3 Grows in India, How Could Crypto Contribute to GDP?
A recent forecast from Research and Markets predicts that the Indian Web3 market would contribute $5.1 billion to its Gross Domestic Product (GDP) by 2032. The post As Web3 Grows in India, How Could Crypto Contribute to GDP? appeared first on BeInCrypto. дальше »
2023-5-9 14:30 | |
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European Market Shakes Off Recession Fears but Misses Q1 2023 Growth Estimates
Coinspeaker European Market Shakes Off Recession Fears but Misses Q1 2023 Growth Estimates The European market recorded a gross domestic product (GDP) of 0. 0 percent in the first quarter of 2023 compared with the fourth quarter of 2022. дальше »
2023-4-29 16:44 | |
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Юридическая компания Gross предложила пострадавшим акционерам Argo Blockchain составить коллективный иск
Специалисты Gross Law готовятся к защите прав инвесторов майнинговой компании Argo Blockchain, пострадавших в результате, как говорят юристы, обмана, мошенничества и незаконной деловой практики со стороны руководства фирмы. дальше »
2023-3-10 16:59 | |
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TSMC Releases 2022 Q4 Earnings, Profit Climbs 78%
Coinspeaker TSMC Releases 2022 Q4 Earnings, Profit Climbs 78% During Q4 2022, TSMC reported 52% in its operating margin, gross margin was 62.2%, and net profit margin was 47.3%. TSMC Releases 2022 Q4 Earnings, Profit Climbs 78% дальше »
2023-1-12 14:21 | |
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JPMorgan: Why Institutional Investors Don’t Want Crypto
JPMorgan’s senior investment strategist said that large individual and institutional investors are not interested in cryptos due to the volatility seen in 2022. Jared Gross told Bloomberg in a podcast that the class of investors was happy that they did not put money in crypto this year and may not do so soon. “As an […] дальше »
2023-1-3 22:43 | |
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JP Morgan: crypto is nonexistent for institutional investors
JPMorgan executive stated that cryptocurrency is a nonexistent asset class for the vast majority of large institutional investors due to the volatility and inadequate intrinsic returns. As JPMorgan strategist and investment banker Jared Gross told Bloomberg, the big players in… дальше »
2022-12-27 23:20 | |
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FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'
Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence. дальше »
2022-12-14 20:48 | |
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Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines
Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices pressure profitability. The post Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines appeared first on BeInCrypto. дальше »
2022-11-15 21:15 | |
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U.S. Economy: GDP Better Than Expected Despite Underwhelming Performance of Tech Stocks
U.S. Economy: The U.S. disclosed that gross domestic product (GDP) grew in Q3 by 2.6%, the highest growth since Q4 of 2021. The post U.S. Economy: GDP Better Than Expected Despite Underwhelming Performance of Tech Stocks appeared first on BeInCrypto. дальше »
2022-10-28 19:00 | |
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US GDP Expands 2.6% in Q3, Faster Than Expected; Bitcoin Steady
Any growth in gross domestic product might be negative for the bitcoin market, since the Federal Reserve will have to keep raising interest rates to bring down inflation – typically bad for prices of risky assets. дальше »
2022-10-28 15:32 | |
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Crypto Market Rally Continues As US GDP Falls for Second Successive Quarter
The US Bureau of Economic Analysis (BEA) released its advance estimate of the US Gross Domestic Product (GDP) for Q2 2022. As per the BEA news release, the real Gross Domestic Product decreased at an annual rate of 0. дальше »
2022-8-15 19:38 | |
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ETH traders can consider these metrics to price in FED's decision
The king of altcoins has been struggling to gain its momentum and get back to its feet. In fact, the Ethereum [ETH] community is beginning to react to the Fed meeting and gross domestic product (GDP) The post ETH traders can consider these metrics to price in FED's decision appeared first on AMBCrypto. дальше »
2022-7-28 03:30 | |
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Knox Wire’s New Decentralised System to Facilitate Instant Payments
Knox Wire is set to empower the financial industry with a global real-time gross settlement system. The network’s focus helps address two major aspects of communication and cross-border payments between financial institutions. дальше »
2022-3-15 00:56 | |
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