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Grow Protocol Raises Over $15k In First Hours Of ICO Start
1.12.2023
PRESS RELEASE. Token preseal is currently live – 11/17/23 Coinscribble – December 1st, 2023 / In a pioneering development in the Web3 realm, GROW Protocol announces its debut as the “world’s first real blockchain passive income coin”. Signifying a radical shift...
Tax Crackdown: UK Authorities Target Crypto Users for Unpaid Taxes
29.11.2023
Image Source: Pixabay The UK national taxing authority has asked crypto users to disclose any unpaid taxes they might have in order to avoid fines. In a Wednesday announcement, HM Revenue and Customs (HMRC) asked crypto users to make a “voluntary disclosure of any unpaid tax” relating...
India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
9.11.2023
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
9.11.2023
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe
Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump
3.11.2023
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the publicly-traded cryptocurrency...
Coinbase narrows loss while crypto trading volumes fall in Q3
3.11.2023
Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out
Are Rising Yields Putting the Squeeze on DeFi?
25.10.2023
In this week’s “Crypto Long & Short,” Todd Groth investigates the interplay between TradFi and DeFi yields and why comparisons across markets are often overly simplified apples vs oranges
TopHash: Your Gateway to Cloud Mining
25.10.2023
This sponsored post was written by the TopHash team. Read disclaimer below. Undeniably, the endeavor to amplify secondary sources of income has become more pertinent in today’s economic landscape. The conventional job market often falls short of providing a stable financial foundation...
Lower-middle income countries lead in crypto adoption, but not volume: Chainalysis
23.10.2023
Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis
UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income
17.10.2023
The Ministry of Justice’s proposed ‘Help with Fees’ scheme will not classify cryptocurrencies as disposable income following a public consultation
Web3 and Sustainability – Investors are Buying This Green Token with Three Streams of Passive Income
15.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Sustainability is expanding its foothold in every market. Consumers are more conscious than ever about the impact of their shopping habits. They are looking for ways to reduce their carbon...
Jack Dorsey Contributes $1M to Kickstart Guaranteed Basic Income Pilot in St. Louis
13.10.2023
Jack Dorsey, co-founder of Twitter and current CEO of Square Inc., is contributing $1 million to support the launch of a pilot program for guaranteed basic income in his hometown of St. Louis, Missouri. According to the city, applicants will be selected on a first come, first serve basis “for...
Thailand to start taxing overseas income next year, including from crypto
19.9.2023
Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto
Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2
24.8.2023
In the quarter ended June 30, Exodus' revenue declined by 4% year-over-year, but its results were boosted by 6% cost reductions
AI unlikely to destroy jobs, but cost to certain workers may be 'brutal' — UN study
22.8.2023
A study from the United Nations agency International Labour Organization suggests AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others
Trump’s Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows
17.8.2023
Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded...
Chimpzee Token: A Unique Way to Earn Income, Restore Rainforests, and Protect Wildlife
10.8.2023
People are always looking for meaningful ways to invest their money, and these days, there's a growing trend toward investments that not only bring financial returns but also have a positive impact on the environment. The rise of green investments now fills this need, giving people the ability...
Want passive income? Invest in Polygon, DigiToads, & Cosmos to enjoy staking rewards
1.8.2023
Cryptocurrencies have transformed the investment landscape, offering many unique opportunities for earning passive income beyond the conventional buy-and-hold strategy. One compelling approach is staking, a process that encourages participants to secure a network by holding its tokens and,...
Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto Must be Reported, Justin Sun Announces Tron-Curve Partnership and Buys $3M Worth of CRV for $2M
1.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto...
Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance
1.8.2023
The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies...