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HEX Soars 15% in 24 Hours as Interpol Targets Founder with Red Notice
The Finnish authorities allege that Schueler evaded taxes for nearly four years, from June 2020 to April 2024, through discrepancies in his reported income. The tax service’s investigation uncovered significant differences between his reported earnings and estimates, raising suspicions of financial misconduct. дальше »
2024-12-26 14:30 | |
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Coinbase’s $1.45 billion Q2 revenue exceeds estimates despite decline in transaction revenue
Coinbase reported total revenue of $1. 449 billion for the second quarter, beating the market consensus estimate of $1. 396 billion. Its total income for the same period last year was $674. 1 million. дальше »
2024-8-2 00:38 | |
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Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
Core Scientific reported a $210. 7 million net income for the first quarter on May 8. The change represents an increase of $211. 1 million from the first quarter of 2023, when the company reported a net loss of $0. дальше »
2024-5-9 03:41 | |
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What made Bitcoin mining major Hut 8 shares surge?
Hut 8 Corp (NASDAQ:HUT) shares surged about 20 percent on Thursday after the Bitcoin mining giant reported an uptick in revenue to $60. 6 million for the six-month period ending December 31, 2023. This was accompanied by a net income of $6. дальше »
2024-3-29 12:42 | |
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Will Indonesia’s decision to tax crypto stifle local adoption?
Indonesia is the latest Asian country to announce intentions to impose a tax scheme on all crypto transactions and income tax on capital gains from such investments, Reuters reported, Indonesia has chosen to place a 0. дальше »
2022-4-3 01:00 | |
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Senate rejects crypto tax reporting bill
On Monday, the US Senate rejected a bipartisan amendment to the infrastructure bill that involved reporting crypto gains to the IRS, CNBC reported. The amendment would have defined brokers as entities who would have to report these earnings as income in a 1099 form. дальше »
2021-8-11 16:25 | |
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BTC Miner Argo Reports a Surge of 332% in H1 2021 Net Income Due to Increase in its Production
The company reported a mining margin of 81%, up from 39% in H1 2020, which further jumped to 83% in July. In late June and July, the miner actually mined more BTC with the same hash power due to a substantial decrease in the global hash rate that led to big changes in mining difficulty after China’s crackdown on crypto mining. дальше »
2021-8-10 15:52 | |
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Galaxy Digital’s Q1 Net Income More Than Doubles
Galaxy Digital has reported another consecutive record quarter, over doubling its net income to $860 million from $336 million during the previous quarter. The post Galaxy Digital’s Q1 Net Income More Than Doubles appeared first on BeInCrypto. дальше »
2021-5-18 22:30 | |
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Galaxy Digital Reports $860M in Net Income in Q1 2021 and Surpasses $1 Billion in AUM
Mike Novogratz’s Galaxy Digital reported a profitable Q1 2021 with $860.2 million in net comprehensive income, a complete turnaround from the $27 million loss in Q1 2020. Novogratz, founder, and CEO of Galaxy Digital said, “Galaxy Digital reported another consecutive record quarter, as net comprehensive income grew to $860 million from $336 million in the […] The post Galaxy Digital Reports 0M in Net Income in Q1 2021 and Surpasses Billion in AUM first appeared on BitcoinExchangeGuide. дальше »
2021-5-18 20:36 | |
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Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition
Peer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29. 6 million from $27 million a year ago. For the year, operating income fell 6% to $19. 9 million from $21. дальше »
2020-7-3 19:05 | |
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Korean Government Brings the Hammer Down on Bithumb, Taxing The Crypto Exchange $68 Million
The Internal Revenue Service has imposed an obligation on cryptocurrency exchange Bithumb to “withhold withholding” on income from cryptocurrency transactions by foreign users, reported local sources. дальше »
2019-12-30 16:15 | |
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Crypto Exchanges Flock To Japan Following Regulatory Clarity
In May, Japan's Financial Services Agency (FSA) passed a new cryptocurrency bill that gave clarity to the transfer of crypto assets, income taxes, and income-related transactions using digital currencies. дальше »
2019-7-11 19:15 | |
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MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance
MetLife, one of the globe’s largest providers of insurance, is using Ethereum to transform the life insurance claims process. Using Ethereum to transform life insurance LumenLab, MetLife’s Singapore-based incubator, is collaborating with media group Singapore Press Holdings and insurance cooperative NTUC Income to release “Lifechain,” a smart contract platform built on Ethereum, reported Forbes contributor […] The post MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance appeared first on CryptoSlate. дальше »
2019-6-20 10:15 | |
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Report: Universal Basic Income Is not Sustainable
A study published by Public Services International has cast major doubt over the impact that a universal basic income (UBI) scheme will have on eradicating poverty and raising living standards, as reported by The Guardian on May 6, 2019. дальше »
2019-5-8 18:00 | |
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CME Group’s Net Income Falls 17% in Q1 Amid Record BTC Futures Trading Volume in April
US derivatives market CME Group — whose BTC futures has record trading volume levels in April — has reported a 17% fall in net income for the first quarter of 2019
дальше »2019-5-3 15:31 | |
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Even the Galaxy S10 couldn’t save Samsung from a 60% drop in profits last quarter
When Samsung issued its guidance earlier this month, it predicted a decline in operating income by a whopping 60 percent, the company’s biggest decline since a similar drop in the third quarter of 2014. дальше »
2019-4-30 09:58 | |
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Cryptocurrency Tax Preparation Firm Calls Out Coinbase Regarding Questionable Airdrop Details
According to CCN, a crypto tax preparation firm sent it a “consumer warning” outlining two crypto tax elements that other exchanges such as Coinbase and Intuit have been doing wrong. The warning stated concerning Coinbase, “The online tax guidance provided by Coinbase implies that airdrops are taxable as ordinary income—which is reported on Line 21 […] дальше »
2019-4-10 19:08 | |
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Crypto Tax Firm Makes Half-Baked Bid to Drag Coinbase Through the Mud
CCN received a “consumer warning” this morning from a crypto tax preparation firm. The warning outlines two aspects of crypto tax that the firm believes have been done wrong by other outfits – namely Bitcoin exchange Coinbase and Intuit, the creator of TurboTax. дальше »
2019-4-10 01:01 | |
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Puerto Rico Approves Combination Bank for Fiat and Digital Assets
The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »
2019-4-3 00:47 | |
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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world. дальше »
2019-3-29 18:20 | |
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U.S. Private Investment Manager Invesco Launches Blockchain ETF on the London Stock Exchange
Invesco Ltd. , a U. S. -based independent investment firm is launching a blockchain exchange-traded fund (ETF), reported the Financial Times on March 9. The ETF is targeting firms that will likely generate income from using blockchain, the technology that underpins digital currencies such as Bitcoin and Ethereum. дальше »
2019-3-12 20:04 | |
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US Deficit Up 77%, Tax Cuts Not Working, But is it Donald Trump’s Fault!?
The Tax Cut Results are In And It Doesn’t Look Good The data is in, and it doesn’t look good if you’re a fiscal hawk. As reported by CBS, the US deficit is up by 77% compared to the same time in 2018. дальше »
2019-3-6 12:52 | |
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Could Apple Buy Netflix with its $250 Billion Cash Stockpile?
As Apple’s iPhone revenue falls and it looks to other income streams, JPMorgan is speculating that Apple could buy Netflix, or even a company like Sonos, or Activision Blizzard. In last week’s earnings call, Apple revealed it was sitting on a $245 billion cash stockpile. дальше »
2019-2-5 11:35 | |
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IRS Advisory Committee Requests Clearer Guidance for Crypto Tax Code
On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation. дальше »
2018-10-27 20:34 | |
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Pooled Dash Masternodes Let Ordinary People Profit
There’s good news out there for Dash hodlers—you no longer need to be a zillionaire to make money from crypto. Neptune Dash has announced the launch of its first pooled masternodes, allowing low-budget hodlers to make a small passive income from supporting the blockchain network. дальше »
2018-10-15 23:12 | |
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Japanese Man Free Company Electricity $ 500 Mutual Inc Mining
Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. Also read: Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing дальше »
2018-7-6 11:38 | |
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Japanese Man Exploits Free Company Electricity to Make $500 Secondary Income Mining
Trading isn’t the only way to acquire crypto. Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. дальше »
2018-7-6 10:25 | |
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Russian company offers smartphone producer Xiaomi to tokenize its fourth coming IPO
Blackmoon, a company based in Moscow, Russia, has offered the world’s fourth-largest smartphone producer Xiaomi to tokenize its initial public offering (IPO), news outlet South China Morning Post reported July 2. дальше »
2018-7-3 07:15 | |
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