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Revamping the Gaming Galaxy
The global gaming market was valued at a whopping USD 173.30 billion in 2020 and has almost doubled to USD 300 billion in 2021. However, in terms of revenue and financial potential, gaming behemoths continue to dominate the traditional gaming arena, leaving amateur gamers to squander time in the digital realm, at least in theRead More дальше »
2021-12-15 13:00 | |
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Blockchain World’s DCS 2021: Deep-Diving into the Most Pressing Industry Challenges
By 2022, worldwide spending on blockchain solutions will reach $11. 7 billion, with the global blockchain technology market estimated to $20 billion in revenue by 2024. 200 industry-leading experts in digital currencies, crypto, NFT and Blockchain technologies discussing the future of a rapidly growing global digital space. дальше »
2021-12-4 16:39 | |
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UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax
HM Revenue and Customs (HMRC) says cryptocurrencies do not qualify as money or commodities and are not exempt from the digital services tax. The tax office has also informed online crypto exchanges that they are subject to the tax, according to a report from The Telegraph, which says it is designed to ensure tech firms […] The post UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax first appeared on BitcoinExchangeGuide. дальше »
2021-11-30 23:57 | |
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Crypto Exchanges Subject to 2% Tax in UK Through Digital Services Law
In the United Kingdom, the Her Majesty's Revenue and Customs (HMRC) has said that crypto platforms will be subject to a 2% tax. The post Crypto Exchanges Subject to 2% Tax in UK Through Digital Services Law appeared first on BeInCrypto. дальше »
2021-11-29 12:15 | |
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Grayscale: Metaverse is $1T annual revenue market
The metaverse can bring in over $1 trillion in annual revenue, stated crypto investment giant Grayscale in a report published on Thursday. The report, titled “The Metaverse, Web 3. 0 Virtual Cloud Economies”, looks into the opportunities created by the junction of trends in lifestyle and gaming with blockchain’s potential to provide digital worlds with infrastructure. дальше »
2021-11-25 14:47 | |
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Square Bitcoin revenue, profit 'may fluctuate' due to 'customer demand, market price'
Amid a flurry of companies reporting positive outcomes from their Bitcoin investments during the third quarter, digital payments giant Square has also reported $1.81 billion in Bitcoin-generated revenThe post Square Bitcoin revenue, profit 'may fluctuate' due to 'customer demand, market price' appeared first on AMBCrypto. дальше »
2021-11-5 17:30 | |
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Ethereum Miner Revenue Outpaces Bitcoin In 2021
Ethereum has so far put up a tremendous run in 2021. Its price has hit multiple all-time highs this year, cementing it as one of the best digital assets to be invested in for the year. Major upgrades to the network like the London hard fork have seen the project move towards a deflationary mechanism, creating scarcity in the asset by burning one-third of the fees issued on the network. дальше »
2021-11-3 20:00 | |
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Starbucks Card Is Now Reloadable with Cryptocurrencies, Coffee Giant Exploring Tokenizing Through Blockchain
The Seattle-based coffee giant Starbucks (SBUX) reported its fourth-quarter revenue of $8. 15 billion. During its earnings call, President and Chief Executive Officer Kevin Johnson said they are deepening its digital relationship and expanding the reach through payment partnerships with PayPal and Bakkt. дальше »
2021-10-29 16:22 | |
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NFTs and Fan Tokens Are Reshaping the Sports Industry
The digital era has changed the ways brands and teams are connecting with their fans. By leveraging new technologies like NFTs and fan tokens, these sports brands are reaching new spaces and opening new revenue paths that were unavailable before. дальше »
2021-10-21 18:00 | |
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62% Of Financial Institutions Plan To Invest In Crypto In 2022: Survey
Cryptocurrency investments are becoming more and more attractive to institutional investors who are now looking to grow their revenue long-term by moving into crypto products. A new survey by European investment firm Nickel Digital Asset Management found that 62% of institutions with no exposure to crypto will make their first investments within one year. Nickel […] дальше »
2021-10-1 00:20 | |
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New York Giants’ Saquon Barkley Plans to Convert Endorsement Revenue to Bitcoin
Another pro athlete in the National Football League (NFL) is planning to convert some of his earnings into bitcoin. The 24-year-old running back for the New York Giants, Saquon Barkley, discussed converting his endorsement revenue into bitcoin during a recent interview with the Morgan Creek Digital co-founder Anthony Pompliano. дальше »
2021-7-16 21:30 | |
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Ethereum Mining Revenue Soares to a New All-Time High
After attaining an all-time high of $2,500 per coin earlier this month, Ethereum (CRYPTO: ETH) is trading at a new all-time high over the $2,700 level following reports about European Investment Bank’s intentions to establish a “digital bond” sale on the Ethereum blockchain network. дальше »
2021-5-2 23:00 | |
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Freeliquid Expands Liquidity Pool Lending Solution to Binance Smart Chain
With the decentralized finance market in full swing, it only makes sense that a noticeable upsurge in crypto-backed lending is being observed. Digital asset enthusiasts have now understood that crypto-backed loans create new revenue opportunities without tampering with one’s current capital inflow. дальше »
2021-3-12 16:05 | |
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Bitcoin Mining Revenue Hits New All-Time-High of $354 Million
The weekly mining revenue of global bitcoin miners hit a new all-time-high of $354. 4 million last week. Analysts say the new record is partly due to the surge in the price of the digital currency coupled with the skyrocketing network fees, according to reports on February 15, 2021. дальше »
2021-2-17 20:01 | |
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BitStorageBox Announces Reward Platform for Popular Quizzes, Digital Asset Monetization and Marketing
(February 13, 2021) – YouTubers set the trend, and today a new blockchain platform is taking it to the common man. BitStorageBox has been launched to connect the vast user-generated content with ad revenue, economic benefits, and fun for everyone. дальше »
2021-2-15 07:04 | |
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Uber CEO: We Won’t Invest in Bitcoin, Would Rather Keep the Non Existent Cash Safe
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. дальше »
2021-2-11 19:46 | |
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GoCrypto launches new crypto-enabled point of sale device: elly POS
CryptoNinjas » GoCrypto launches new crypto-enabled point of sale device: elly POS GoCrypto, a system enabling merchants and service providers to accept payments with crypto, has announced the launch of elly POS, a point-of-sale terminal that combines cards, crypto, and digital payments on one device, and enables merchants to generate extra revenue from integrated services. дальше »
2021-2-3 13:56 | |
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Vaneck Files for Crypto ETF That Gives Investors Exposure to Equity in Digital Asset Companies
The exchange-traded fund provider, Vaneck has filed for a Digital Asset ETF, which aims to hold equity in companies that generate revenue from cryptocurrency services. The latest ETF filing is different from the fund Vaneck applied for in mid-December, as it aims to bring investors exposure to the cryptocurrency industry. Last December, the asset manager, […] дальше »
2021-1-23 01:30 | |
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Voyager Digital Preliminary Q4 Revenue Up by 75%; AUM Passes $200 Million
Voyager Digital, a Canada-listed crypto-asset broker, estimates that its Q4 revenue shot up by 75% compared to Q3; this is according to a business and operational update released by the firm on January 5th. дальше »
2021-1-7 20:35 | |
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IRS: Tax filers must check ‘yes’ on the crypto question
The US IRS (Internal Revenue Service) recently released revised draft instruction for the country’s tax filers. The tax agency used the opportunity to remind the country’s citizens that crypto users need to admit their dealings with digital currencies when filling up the IRS tax forms. дальше »
2021-1-5 13:28 | |
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Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes
The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly. дальше »
2020-12-27 10:00 | |
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Crypto Broker Voyager’s Q1 Revenue Soars 186%, Assets Under Management Jump to $150 Million
Crypto asset broker Voyager Digital Ltd reported Monday that revenue for the fiscal first quarter ended Sept. 30 soared 186% to $2 million from $700,000 the previous quarter, as more users utilized the platform. дальше »
2020-12-1 13:15 | |
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Canada-Based Voyager Digital Announces Nearly 2000% Growth In Customers’ Assets Growth In 2020
Quick Read: – Voyager released its latest financial report for the year with impressive figures – Recording Increases in customer asset growth, brokerage accounts, and revenue In a press release, Canadian publicly listed cryptocurrency broker, Voyager announced an impressive 1,159 % surge in revenue, registering approx. дальше »
2020-10-30 21:58 | |
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Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption
Publicly traded digital-asset brokerage Voyager Digital registered four-digit growth in revenue in the last fiscal year. дальше »
2020-10-30 13:55 | |
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Square’s Cash App Seeks Bitcoin Operations Manager to Forge ‘New Revenue Lines’
Twitter CEO Jack Dorsey’s Square continues to delve deeper into Bitcoin. After a $50 million investment in the leading digital asset, creating an entire crypto division, and forming COPA, Square’s Cash App, which has over 24 monthly active users, is now hiring for a Bitcoin operations manager. дальше »
2020-10-22 21:10 | |
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Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1. 5% on gross transaction value, local media reported. дальше »
2020-10-16 17:00 | |
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Cryptocurrency News Roundup for August 26, 2020
It looks like the U. S. Internal Revenue Service (IRS) has resumed its controversial campaign of sending letters to cryptocurrency holders. Just as seen in 2019, the purpose of these letters is to warn crypto investors against dodging taxes on their digital asset holdings. дальше »
2020-8-27 22:43 | |
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South Korea to Implement 20% Income Tax on Crypto Gains After Finalizing on New Tax Code
South Korea's government has tabled its final proposed tax code on cryptocurrencies with the tax rule set to be implemented from October 2020. The new tax rule will see a 20% income tax on crypto gains take effect as South Korea's government scales its effort to capture digital asset revenue. The final documentation was agreed […] дальше »
2020-7-22 18:59 | |
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Crypto Asset Broker, Voyager Digital, Reports An Impressive 1,159% YoY Revenue Jump
The preliminary report, released by Voyager, showed that the unaudited revenues by the firm jumped an impressive 1,159% over the year to $1. 1 million. The company registered over 230,000 customers in the past fiscal year as the brokerage accounts increased 750% year-on-year to 86,000 accounts. дальше »
2020-7-15 20:10 | |
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Singapore: No Income Tax on Cryptocurrency Airdrops and Hard Fork Tokens, IRAS Says
The Internal Revenue Authority of Singapore (IRAS) has published new crypto tax guidelines indicating a tax exemption for hard forks and airdrops. Also, the guide outlines Singapore’s tax treatment scheme for digital tokens and securities. дальше »
2020-4-21 23:07 | |
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Internal Revenue Service Invites Crypto Firms To A Digital Asset Tax Summit In March
The Internal Revenue Service (IRS) sent out invites to an undisclosed number of cryptocurrency startups and firms in a bid to discuss digital asset tax-related issues in the field on March 3. The reports from Bloomberg Tax and Coindesk state the Washington based conference will have four-90 minute panel sessions to discuss taxes, tech, and […] дальше »
2020-2-19 17:31 | |
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High Ethereum fee revenue may improve its SoV credentials
According to Coinmarketcap, a total of 5093 digital assets currently exist in the industry, at press time. This is a significant number since the larger crypto-community is involved in the investment The post High Ethereum fee revenue may improve its SoV credentials appeared first on AMBCrypto. дальше »
2020-2-6 14:30 | |
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Ceek VR: The Future Of Digital Content
The live music sector is hitting record sales, as fans flock to see big-name artists. Live performances are now a primary source of artist revenue and ticket prices are higher than ever. But new technology is evolving to make attending live events possible from the comfort of your living room – at a fraction of […] The post Ceek VR: The Future Of Digital Content appeared first on NullTX. дальше »
2020-1-30 14:54 | |
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Crypto Tax: De Minimis Exception Could Complicate Things for IRS
A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS further. The US Internal Revenue Service recently published guidance regarding the tax treatment of digital currencies. дальше »
2019-11-20 12:00 | |
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Nexinter – Profit Sharing Crypto Exchange
Today, Nexinter, the digital fiat-crypto and custodian exchange, has announced that it will be the profit sharing digital exchange in the world. 75% of the Nexinter’s profits from any operation or revenue stream on the platform will be returned to the community in a reward system. дальше »
2019-11-18 21:30 | |
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Bitcoin ATMs and kiosks are IRS's latest concern
Policymakers across the globe have been raising concerns over digital assets for a while now and stressed on the need for regulations. Investigators at the Internal Revenue Service [IRS] are the latesThe post Bitcoin ATMs and kiosks are IRS's latest concern appeared first on AMBCrypto. дальше »
2019-11-17 09:59 | |
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IRS Discovers New Ways to Catch Cryptocurrency Tax Evaders
The United States’ Internal Revenue Service (IRS) says that a recent meeting with other global tax authorities has given it much deeper insight into how to track those using cryptocurrency to avoid paying taxes. дальше »
2019-11-10 08:34 | |
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DARB Finance Token: Safe Crypto Exchange with Daily Revenue Share?
Darb Finance is a digital platform that allows users to earn money by being part of it. How so, you may wonder. By carrying out cryptocurrency trade on the Darb website, you can generate DARB tokens, which enable you to participate in Daily Revenue Share (DRS) once it hits midnight. Like in every market, hard […] дальше »
2019-10-9 08:28 | |
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