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Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
S Korean Province Mulls Local Stablecoin-powered Universal Basic Income
7.7.2020
Typical Korean street food. The Governor of Gyeonggi Province, South Korea’s most populous province, has suggested launching a universal basic income – funded by local stablecoins.
Per OhMyNews, the proposal, spearheaded by Lee Jae-myung, who was elected Governor of Gyeonggi Province in 2018,...
3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
7.7.2020
Cosmos, Polkadot, and Terra have announced “Anchor.”
Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition
2.7.2020
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 $21.2 million the year before. Localbitcoins did not provide detail about net profit. The Finnish...
Andreas Antonopoulos: Use DeFi Contracts for BTC Passive Income
29.6.2020
HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos
The Return of the 90s Web
26.6.2020
One of my forever-lessons here on CSS-Tricks is that having your own website and blogging on it is a good idea. It’s probably one of the best decisions I’ve ever made, as it’s been a direct source of fun, career development and, eventually, income.
I always chuckle at little...
How Cryptocurrency Can Help in Paying Universal Basic Income
17.6.2020
The utopian idea of universal basic income — which has been with humanity for at least half a millenia — can become real with digital currency
If Crypto Is Anything Like Fixed-Income, It’s Going to Need a Fatter Textbook
16.6.2020
Expect digital assets investing to mirror fixed income investing and become more specialized and complex over time, says our columnist
Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
4.6.2020
Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. The development suggests that Japan will uphold its current definition...
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
Eight Countries That Don’t Tax Your Bitcoin Gains
26.5.2020
As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets...
Money Reimagined: Designer Money for a Machine-Run Post-COVID World
22.5.2020
The pandemic is likely to accelerate a shift to automation, putting people out of work and raising the need for new types of money
Universal Basic Income Test Runs Blockchain to Share Money Worldwide
20.5.2020
Universal basic income models based on blockchain systems are being developed, but are they practical?
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
USV’s Albert Wenger on the World After Capital
18.5.2020
A blueprint for redesigning society as the world shifts from the Industrial Age to the Knowledge Age
Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate
15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...
US Senator Loeffler Reports 2019 Income of $3.5M From Role as CEO of Bakkt
4.5.2020
US Senator and former Bakkt CEO finally filed her financial disclosures after a four-month extension and an insider trading scandal, revealing that she is very rich indeed
$2K per Month for Every American: Andrew Yang Begs Congress to Pass Basic Income
26.4.2020
While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly...
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
Andrew Yang Says Current Stimulus Payments to Americans Aren’t Enough
15.4.2020
Andrew Yang, ex-presidential contender and friend of crypto, says today's stimulus won't get Americans through the crisis. (Also, he might run for NYC mayor.)