2022-9-17 17:52 |
The added revenues would mainly come from the exchange's revenue share on interest income from USDC reserves.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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As a software-as-a-service provider, Fireblocks witnessed overwhelming interest in decentralized finance, blockchain and Web3 technologies.
2022-9-13 10:37 | |
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Bitcoin mining revenue fell under $1 billion in August due to decreasing investor interest which led to falling prices as well as difficulty in mining the cryptocurrency. The post Bitcoin Miners’ Revenue Drops Below $1B Amid Bearish Market & Increasing Mining Difficulty appeared first on BeInCrypto.
2022-9-10 11:24 | |
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Short-seller Jim Chanos is bearish on Coinbase, whose revenue has plummeted this year due to declining interest in crypto market
2022-6-1 19:08 | |
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The Internal Revenue Service (IRS) has accepted to refund $3,393 in income tax plus interest on the tax to a Nashville couple who remitted the tax on 8,876 Tezos tokens they had acquired through staking according to sources.
2022-2-3 16:32 | |
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Amidst this, another P2E game DeFi Kingdoms (JEWEL), has captured the interest of users, which is not listed on any exchanges and is seeing a gradual increase in users and transaction volume. The post Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72% first appeared on BitcoinExchangeGuide.
2021-12-28 18:34 | |
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STAMPSDAQ is 100% collector-centric and provides a platform that can maximize collectors’ interest and activity for collecting, trading, and gaming with a fair revenue sharing model. The post The Game of Shape and Color Launches on OpenSea appeared first on BeInCrypto.
2021-12-9 23:34 | |
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Regulated platform CME Group reported its third-quarter profit more than doubling thanks to the approval of the exchange-traded funds (ETF) tied to CME Bitcoin futures seeing immense traction and trading in the futures exchange operators’ energy and interest rate products surging.
2021-10-28 16:07 | |
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Robinhood Chief Financial Officer said they are “incredibly optimistic about crypto. ” While customers want more coins and the ability to earn interest through lending or staking, they’re not going “to be the first mover” in this regulatory environment.
2021-10-27 17:43 | |
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Robinhood has grown so much this year thanks to increased interest in Dogecoin. The trading platform recently revealed that crypto trading made up 50% of its revenue for the second quarter of the year.
2021-9-22 02:00 | |
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Minterest aims to channel all fees, interest, and revenue back into the protocol for its users.
2021-9-17 06:14 | |
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The rising interest in NFTs has been well-documented over the past few weeks. Whether it is Ethereum-based Crypto Punks or BSC's CryptoBlades game, engagement and traffic has been consistent. This hasThe post Is this revenue stream sustainable for Ethereum appeared first on AMBCrypto.
2021-9-8 04:30 | |
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On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service (IRS).
2021-7-11 20:30 | |
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Sports and entertainment are one of those industries that were hit hard by the pandemic, but fan-focused collectibles offered as crypto assets called NFTs have supplied them the much needed recovery in terms of revenue and resurgence of interest.
2021-3-6 18:00 | |
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Bitcoin price is trading at nearly $50,000 per coin and on-chain activity is soaring. The recent bull trend and surging interest surrounding the cryptocurrency has allowed miners to surpass over $50 million in revenue in a single day generated.
2021-2-17 04:00 | |
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PepsiCo also doesn’t have any interest in investing in Bitcoin either, due to the digital asset being “speculative” and just like UBER share prices fell, PEP’s also took a hit, that too in spite of better-than-expected earnings and revenue.
2021-2-11 19:46 | |
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Ethereum mining revenue generated by miners in January 2021 dwarfed that of 2018. The second-largest crypto in the world has been attracting a lot of interest from the masses of late, thanks to the burgeoning decentralized finance (DeFi) ecosystem as well as the Eth2 staking craze.
2021-2-2 18:00 | |
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In an exclusive report on Finance Magnates this Tuesday, top social trading app, eToro, released its 2020 report, which shows a surging interest in cryptocurrency products on the platform. Over the past year, eToro registered a record gross revenue of $600 million as the interest in commission-free trading grows worldwide.
2021-1-28 21:34 | |
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The Israel Tax Authority has started targeting Israelis that own cryptocurrencies in a bid to enlarge the country’s revenue. A report disclosed this news on December 23, noting that the agency is pushing for the disclosure and taxation of all crypto assets owned by Israeli citizens.
2020-12-28 17:30 | |
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The Internal Revenue Service is planning to change the 2020 tax form and make sure all taxpayers report about their cryptocurrency transactions. The standard 1040 form will be altered by adding the following questions on the front page: At any time during 2020, did you sell, receive, send, exchange or otherwise acquire any financial interest […] The post IRS to Revise Form 1040 to Make it Harder for Traders to Escape Crypto Tax Obligation first appeared on BitcoinExchangeGuide.
2020-9-27 17:53 | |
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Miners on the Ethereum network generated over $285. 1 million in revenue this August, representing a month-over-month increase of 98. 2% and a 25-month high, according to research from The Block. Ethereum Fees Boom On the back of the booming DeFi market and interest in Ethereum rising as an extension.
2020-9-8 17:00 | |
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Silvergate is among the few US-based banks that cater to crypto-traders among other crypto-related service providers. This situation provides them with a great source of revenue for the bank amid the growing interest of the public in the crypto space.
2020-5-1 20:48 | |
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With investors seeking safety in dollars, stablecoins have seen inflows of more than $2 billion since the crash. But, says our columnist Hasu, zero interest rates threaten business revenue.
2020-3-31 16:12 | |
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The Internal Revenue Service (IRS) has released a new Schedule 1 for 2019 tax season, putting out the details on above the line deductions, health savings account contributions, and tax break for student loan interest.
2019-12-8 06:13 | |
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Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019.
2019-12-4 11:45 | |
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Crypto revenue models are becoming more elaborate – and as the aftermath of a prolonged bear market takes its toll, creative solutions to attract and retain customers are becoming de rigeur.
2019-10-15 20:58 | |
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The U. S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year.
2019-10-13 21:13 | |
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The U. S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year.
2019-10-13 21:13 | |
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Coinspeaker Fintech Company Adyen Announces First Half Profit Soar by 79%Earnings before interest, taxes, depreciation and amortisation (EBITDA) in the half year ended June 30 was 125.
2019-8-22 13:47 | |
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U. S. tax authority, the Internal Revenue Service (IRS) has already begun sending letters to thousands of bitcoin and crypto holders who have failed to report cryptocurrency transactions. The IRS letters include instructions to pay taxes, interest, and penalties.
2019-7-27 09:11 | |
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The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only.
2019-5-25 20:14 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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Square is a payment platform that was developed by the same creator of Twitter, Jack Dorsey, and the man has a specific interest in cryptocurrency. The payment platform sells Bitcoin on the Square Cash app, and the recent sales in the first quarter has remained high.
2019-5-2 17:12 | |
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The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.
2019-4-4 22:02 | |
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Interest in Facebook’s forthcoming stablecoin is beginning to take hold in the broader financial market. According to a report published by CNBC on Mar. 11, Barclays analyst Ross Sandler wrote in a client note that.
2019-3-12 03:36 | |
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The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.
2019-3-9 23:53 | |
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When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.
2019-3-1 17:19 | |
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Distributed ledger technology has been a point of interest for the United Kingdom Parliament lately, as the authority investigates its potential use of customs needs. Urged by the Q&A section of the website, MP (member of parliament) Eddie Hughes had pondered if the government plans to implement blockchain technology when the UK finally departs from […]
2019-2-13 03:56 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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CenturyX, also dubbed the 21st Century Exchange, seeks to successfully combine technological reliability and scalability, infrastructural comprehensiveness, transparency and highly secured trading platform for Cryptocurrency users/traders.
2019-1-18 12:20 | |
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After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market.
2018-11-28 21:44 | |
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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.
2018-10-27 20:34 | |
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Despite the growing interest in cryptocurrencies, the Internal Revenue Service has failed to update their tax guidelines regarding digital assets. On September 19th, five U. S. legislators sent a letter to the IRS that “strongly urged” the group to update their cryptocurrency tax guidelines.
2018-9-21 04:40 | |
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Big Four auditing firm PricewaterhouseCoopers (PwC) just released its 2018 Global Blockchain Survey, subtitled “Blockchain is here. What’s your next move?” The sweeping survey pools data from 600 technology executives from 15 territories, with 31 percent of represented companies accruing $1 billion or more in annual revenue.
2018-8-28 01:51 | |
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Amid a cryptocurrency market downturn, institutional investor interest continues to take rise. Reported Aug. 17, investment firm Sanford C. Bernstein has predicted that crypto exchange revenue will double by the end of 2018.
2018-8-18 18:00 | |
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Top analysts from major money management firm Sanford C. Bernstein & Co. believe that revenue from crypto trading fees will double in 2018, despite declining interest and prices in cryptocurrencies like Bitcoin and Ether.
2018-8-17 20:30 | |
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The massive interest in cryptocurrencies and financial technology solutions have helped an economic zone in northern Philippines generate robust revenues in the second quarter.
2018-7-24 14:45 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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One kind of token model that has become popular among many recent token sale projects is the “network medium of exchange token”. The general pitch for this kind of token goes as follows. We, the developers, build a network, and this network allows you to do new cool stuff.
2018-7-21 23:03 | |
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| Analogue Notcoin - TapSwap |
DTCC and Chainlink completed a pilot with major US banks to accelerate fund tokenization using blockchain technology. The post DTCC’s pilot project with Chainlink drives blockchain data to expand fund tokenization appeared first on Crypto Briefing.
UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show appeared first on Crypto Briefing.
Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers.
Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency. The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto Briefing.
Lagrange Labs, a cryptography startup specializing in zero-knowledge proofs, raises $13.2M seed round led by Peter Thiel's Founders Fund. The post Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer appeared first on Crypto Briefing.
Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Key takeaways London-based Revolut has launched Revolut X to compete with leading crypto exchanges. Bitbot’s presale has now officially crossed the $3. 2 million mark. Revolut X is now live for experienced traders Financial institutions continue to troop into the cryptocurrency space and London-based Revolut will not be left out.