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HashKey becomes first Hong Kong licensed retail crypto trading service
HashKey Exchange has been licensed to offer crypto trading services to retail users in Hong Kong, making it the first exchange to offer such services in the region. According to an Aug. 3 press statement, the exchange upgraded its type 1 and 7 licenses to offer crypto trading services to retail investors. дальше »
2023-8-3 14:15 | |
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KuCoin Shuts Down Bitcoin And Litecoin Mining Pools Amid Market Turmoil
KuCoin, one of the world’s largest cryptocurrency exchanges, has temporarily halted its KuCoin Pool service, effective August 15, 2023, until further notice. The move is part of KuCoin’s business strategy and aims to ensure the security and integrity of users’ assets. дальше »
2023-8-3 01:00 | |
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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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Staking rewards are now taxable, says IRS
The Internal Revenue Service (IRS), the leading tax authority in the United States, recently released Revenue Ruling 2023-14, providing clarity on the taxation of income derived from crypto staking. The ruling categorizes cryptocurrency staking rewards, along with various other income… дальше »
2023-8-2 18:30 | |
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Ethereum Name Service: Whale causes flurry amidst July dip
ENS whale reclaimed ETH worth 44.14 million on 31 July. Most traders did not seem too keen about trading ENS at press time. Amid last month’s decline in .eth domain registrations on EthereThe post Ethereum Name Service: Whale causes flurry amidst July dip appeared first on AMBCrypto. дальше »
2023-8-1 17:30 | |
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Dormant ENS whale reawakens to secure $74m jackpot
Resurfacing after two years of dormancy, a significant ENS holder has recently claimed nearly $74 million in previously unclaimed Ether (ETH). After an extended hiatus, a major Ethereum Name Service (ENS) player has re-emerged, claiming millions in Ether (ETH). The… дальше »
2023-8-1 11:26 | |
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IRS clarifies rules on crypto staking rewards
The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new directives stipulate that taxpayers who engage in staking of cryptocurrency native to a proof-of-stake blockchain and subsequently receive additional cryptocurrency units as validation rewards are required to include the value of these rewards in their […] The post IRS clarifies rules on crypto staking rewards appeared first on CryptoSlate. дальше »
2023-8-1 08:00 | |
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Crypto Staking Rewards Classified as Taxable Income by IRS: What You Need to Know
The US Internal Revenue Service (IRS) has declared earnings from cryptocurrency staking as taxable income, increasing scrutiny on the crypto market. The post Crypto Staking Rewards Classified as Taxable Income by IRS: What You Need to Know appeared first on BeInCrypto. дальше »
2023-8-1 07:56 | |
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ENS Whales Resurfaces After Nearly 3 Years, Claims $74 Million Of ETH, What’s Next?
On July 31, an anonymous whale controlling an Ethereum Name Service (ENS) domain reemerged, reclaiming 39,712 ETH valued at approximately $74 million. The mysterious whale, only identified through his associated ENS address “darknet. дальше »
2023-8-1 04:00 | |
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IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS). дальше »
2023-8-1 00:53 | |
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Wrapping Crypto in a Bank is Not Enough: Building a Holistic Crypto Experience Requires More Than Just Banking as a Service
In the relentless pursuit of technological innovation, Fiat Republic's Anna Wojcik asks, has the cryptocurrency world lost sight of the human being at the other end of the screen? дальше »
2023-8-1 15:00 | |
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The Diminishing Impact of Interest Rates on U.S. Economy
The rise of the service sector over housing and manufacturing has reduced the impact of interest rates on the economy. дальше »
2023-7-31 09:00 | |
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X’s ad revenue sharing: Crypto payments on the horizon?
Should Elon Musk’s platform choose to introduce crypto payments in the future, Stripe’s on-ramp service could prove beneficial.
дальше »2023-7-30 16:44 | |
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Crypto.com registered as crypto service provider in the Netherlands
Crypto. com has been approved as a crypto service provider in the Netherlands, the company announced today July 28. The crypto exchange, among the largest in the world by trading volume and users, secured registration after the De Nederlandsche Bank, the central bank of the Netherlands, deemed it compliant with the country’s ‘ Money Laundering and […] The post Crypto. дальше »
2023-7-29 15:30 | |
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AWS expands Amazon Managed Blockchain for Web3 developers
AWS, an Amazon company and the world’s leading cloud service provider, has added two new services to its platform as it looks to expand access for blockchain developers. The two services, announced on July 27, are Amazon Managed Blockchain (AMB) Access and Query, which AWS said were now accessible to developers building on public blockchains. дальше »
2023-7-28 22:10 | |
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Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn
Rocket Pool, a decentralized Ethereum-based staking service, experienced its largest daily redemption of its rocketpool ether (rETH) token this week, with one trader redeeming $12.3 million worth of the token before sending it to Binance. дальше »
2023-7-27 14:42 | |
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Here’s Why This Report Named Crypto Economists Among High Demand Jobs By 2028
A recent report has named crypto economists as one of the professions that will be in higher demand by 2028. Renewable energy and cybersecurity specialists, bioinformatics engineers, and artificial intelligence ethicists are the other professions forecasted by labor market experts from Personal Service to have increased demand in the next five years. Why Are Crypto […] дальше »
2023-7-26 18:00 | |
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Binance to Reenter Japan in August 2 Years After Regulator's Warning
Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November. дальше »
2023-7-26 13:40 | |
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Another Win For Crypto: Namibia Lifts Ban On Virtual Assets
In another big win for crypto and worldwide adoption, Namibia has become the latest country to adopt virtual assets into its ecosystem by passing a law that regulates the activities of Virtual Asset Service Providers (VASPs) carrying out business in the country. дальше »
2023-7-26 13:00 | |
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Service with anonymous swaps without KYC in 2023. How Swapuz works
In 2023, crypto assets will be clear and widely used by many users around the world as if they were pocket money. The post Service with anonymous swaps without KYC in 2023. How Swapuz works appeared first on NFT News Today. дальше »
2023-7-26 09:41 | |
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Japan PM Reaffirms Web3 Stance, Binance Poised for Return
Coinspeaker Japan PM Reaffirms Web3 Stance, Binance Poised for Return Meanwhile, Binance is preparing to launch its service on a new Japanese platform next month. Japan PM Reaffirms Web3 Stance, Binance Poised for Return дальше »
2023-7-25 15:50 | |
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Additional $37M discovered in web3 casino payment provider hack
Alphapo, a cryptocurrency payment service provider, reportedly suffered a significant security breach within its hot wallet, resulting in a loss of over $60 million, with some reports suggesting total losses could amount to around $100 million, according to De. дальше »
2023-7-25 14:52 | |
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Financial Woes: Binance France Discloses €4 Million Loss In 2022 Financial Reports
The French arm of Binance, established on November 8, 2021, disclosed its financial statement for the year 2022 on Friday. The leading auditing service firm RSM Paris audited the Binance platform and concluded that the exchange had faced a loss of €4 million in France. дальше »
2023-7-23 10:25 | |
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Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
The U. S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U. дальше »
2023-7-22 20:58 | |
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Coinbase to close down Coinbase Borrow by November
Coinbase has initiated the gradual shutdown of its lending service, Coinbase Borrow, giving customers with existing loans until Nov. 20, 2023, to repay outstanding debts. Lending is over Coinbase, the largest centralized cryptocurrency exchange in the United States, has revealed… дальше »
2023-7-22 17:40 | |
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US Federal Reserve’s launches FedNow for instant payments
The US Federal Reserve has launched FedNow, an instant payment service with round-the-clock transactions and settlements дальше »
2023-7-21 23:54 | |
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North Korean hackers exploited shared cloud service to rob crypto firms
North Korean state hackers exploited a cloud services provider called JumpCloud to steal funds from crypto companies that use its services, Reuters reported on July 20. Reuter’s confidential sources indicate that the North Korean state-backed hackers had a specific focus on cryptocurrency companies. дальше »
2023-7-21 23:20 | |
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Federal Reserve launches ‘FedNow’ instant payment system
The newly launched FedNow Service aims to empower banks and credit unions. FedNow will allow for the execution of transactions 24/7 365 days a year. 35 banks and credit unions, including the U Bureau of the Fiscal Service of the US Department of the Treasury, are already equipped to handle payments through the FedNow Service. дальше »
2023-7-20 20:35 | |
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Federal Reserve Officially Launches Instant Payments System FedNow
Federal Reserve launches FedNow Service for instant payments to empower banks and credit unions. дальше »
2023-7-21 19:00 | |
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North Korean Hackers Target Crypto Clients of US IT Firm
North Korean hackers are trying to breach multiple crypto companies using a common service provider. The post North Korean Hackers Target Crypto Clients of US IT Firm appeared first on BeInCrypto. дальше »
2023-7-20 17:22 | |
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Op-ed: US banks launch 24/7 Instant Payments – does FedNow reduce risk of CBDCs?
The U. S. Federal Reserve’s (Fed) long-awaited instant payment service, FedNow, is set to launch imminently, promising a significant development in the country’s payment system. As reported by Reuters on July 20, with this service, everyday Americans will soon be able to send and receive funds in real-time, 24/7, a revolutionary stride in the U. дальше »
2023-7-20 16:40 | |
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FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve certified the FedNow Service as “ready” after it onboarded 41 financial institutions, 15 service providers and the U. дальше »
2023-7-21 12:51 | |
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OKX introduces staking-like function for BTC and BRC-20 tokens
OKX has announced a new feature that allows users to lock their bitcoin or BRC-20 tokens in return for BRC20-S tokens. This feature offers an additional service for users hoping to enhance their experience within the ecosystem. By locking up… дальше »
2023-7-20 09:45 | |
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Big Blow To Crypto As Nasdaq Scraps Plans To Enter Custody Business Amid U.S. Regulatory Turmoil
Stock market operator Nasdaq has ended its plans to provide its highly-anticipated crypto custody service, citing the ongoing regulatory conditions in the United States as the key reason for their decision. дальше »
2023-7-20 23:44 | |
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