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Bitcoin miners lament falling fees, but debt ceiling negotiations cut 30% tax
Key Takeaways A proposed 30% tax on crypto mining appears to have been cut as part of US debt ceiling negotiations Decision a win for crypto miners, who are struggling amid rising hash rate and increased electricity costs Miners also held onto Bitcoin reserves through pandemic bull market, a mistake which proved fateful When you […] The post Bitcoin miners lament falling fees, but debt ceiling negotiations cut 30% tax appeared first on CoinJournal. дальше »
2023-5-30 15:34 | |
FTX's collateral damage continues, as Singapore’s Temasek announces...
Singapore’s Temasek Holdings will cut the pay of its executives responsible for the failed FTX investment of $275 million. Temasek's only crypto investment had been made in FTX. SingaporeThe post FTX's collateral damage continues, as Singapore’s Temasek announces... appeared first on AMBCrypto. дальше »
2023-5-29 13:30 | |
Temasek reduces compensation for staff responsible for botched FTX investment
Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment Lim Boon Heng, the chairman of Temasek Holdings, said the firm would… дальше »
2023-5-29 11:19 | |
Singapore’s Temasek cut salaries for staff behind $275M FTX investment
Monday crypto news confirmed Singapore’s Temasek Holdings had concluded an internal review of its $275M investment loss at now-insolvent FTX exchange. The staff accountable for the investment took full responsibility and had their salaries cut. дальше »
2023-5-30 10:04 | |
Klarna Halves Q1 Net Loss and ‘On Track to Achieve Profitability This Year’
Coinspeaker Klarna Halves Q1 Net Loss and ‘On Track to Achieve Profitability This Year’ Swedish fintech mainstay Klarna cut its Q1 net loss to $120. 7 million while boosting operating income by 22% YoY. дальше »
2023-5-26 18:48 | |
Shiba Inu Price Analysis & Prediction (May 23rd) – SHIB Enters Oversold Zone Following $3 Billion Cut in Market Cap
Since the price rolled back near the previous bottom last week, Shiba Inu (SHIB) remains indecisive and has shown no sort of recovery. It looks extremely oversold after depreciating by roughly 24% in the past month. дальше »
2023-5-23 10:49 | |
Biden opposes agreement that could protect “tax cheats and crypto traders”
U.S. President Joe Biden expressed opposition to a proposal that could result in low taxes for crypto investors, The Hill reported on May 21. Biden wants to cut crypto tax loopholes Following a G7 summit in Hiroshima, Japan, Biden said: “I’m not going to agree to a deal that protects wealth tax cheats and crypto […] The post Biden opposes agreement that could protect “tax cheats and crypto traders” appeared first on CryptoSlate. дальше »
2023-5-22 00:40 | |
Binance.US Plans to Cut CZ’s Stake to Gain Favor With Regulators: Report
Changpeng Zhao, founder and majority owner of Binance.US, is looking into ways to reduce his company ownership, according to The Information. The post Binance.US Plans to Cut CZ’s Stake to Gain Favor With Regulators: Report appeared first on BeInCrypto. дальше »
2023-5-12 10:18 | |
Silvergate Bank to cut 230 staff as it winds down
Silvergate Bank will significantly reduce its staff headcount as it winds down operations, according to an SEC filing submitted May 11. The failed crypto-friendly bank will let go of about 230 employees on May 12, leaving just 80 officers and employees at the firm. дальше »
2023-5-12 22:47 | |
Planning to indulge in SLP staking? You may want to examine this data first...
SLP saw the largest spike in volume in 2023 on 9 April However, SLP's bullish performance was cut short towards the end of the week to make way for the bears SLP staking gained steam at thThe post Planning to indulge in SLP staking? You may want to examine this data first... appeared first on AMBCrypto. дальше »
2023-5-12 22:30 | |
Dogecoin Limps In A Bearish Market: What Traders Should Watch Out For
Dogecoin (DOGE) has recently experienced a rather rough ride. The daily chart of Dogecoin was overly bearish, with trading volumes stunted and negative sentiment growing among investors. In the face of the recent downturn in Dogecoin’s fortunes, many investors are grappling with the question of whether it’s time to cut their losses and move on. дальше »
2023-5-10 12:06 | |
Biden calls for end to tax loopholes that benefit ‘wealthy crypto investors’
U. S. President Joe Biden called for an end to unspecified crypto tax rules on May 9. On Twitter, Biden posted an infographic that read: “We think Congress should cut tax loopholes that help wealthy crypto investors. дальше »
2023-5-10 01:29 | |
SEC's lawsuit cut down the number of XRP exchanges, but will things change?
XRP has had arguably the hardest time among top cryptos due to the Securities and Exchange Commission's (SEC) lawsuit against Ripple Labs a few years ago. In fact, since the lawsuit was filed, there hThe post SEC's lawsuit cut down the number of XRP exchanges, but will things change? appeared first on AMBCrypto. дальше »
2023-5-9 15:30 | |
У MicroStrategy появился сервис для вознаграждений на основе LN
Поставщик аналитического ПО MicroStrategy представил платформу для поощрения клиентов или сотрудников на базе сети микроплатежей биткоина Lightning Network (LN). "If you're going to spend $50M to drives customers to your site, why not give $50M to them and cut out the middle person?" — @saylor speaking about the new @microstrategy product, Lightning Rewards Platform for customers or […] дальше »
2023-5-6 18:52 | |
Shiba Inu Price Sluggish: Is It A Good Time To Invest Or Cut Losses?
Shiba Inu (SHIB) kicked off the year aggressively as it rallied alongside other meme coins. However, as the year progresses, Shiba Inu has experienced a downward trend leaving investors wondering: should they hold or sell? Shiba Inu coin’s value on Coingecko is currently at $0. дальше »
2023-4-29 15:58 | |
Alibaba Slashes Cloud Prices by Half to Foster Growth Ahead of Possible IPO
Coinspeaker Alibaba Slashes Cloud Prices by Half to Foster Growth Ahead of Possible IPO Chinese tech giant Alibaba will cut the prices of its cloud services by up to 50% starting today as it hopes to grow the sector. дальше »
2023-4-26 15:07 | |
The implementation of Ethereum’s Shanghai Update has caused a division within the cryptocurrency community.
Ethereum blockchain is set to cut its ties with crypto mining, and the long-awaited “Shanghai” update is causing a lot of anticipation. Ethereum, which is home to the second-most-popular cryptocurrency, ether, will change the way transactions are verified and the network is secured. дальше »
2023-4-14 17:25 | |
Universal Music Group (UMG) Ask Streaming Services to Cut Out Songs Generated by AI
Coinspeaker Universal Music Group (UMG) Ask Streaming Services to Cut Out Songs Generated by AI A person familiar with the matter revealed that UMG has been sending out requests “left and right” to take out songs generated by AI. дальше »
2023-4-13 15:12 | |
Jobs report fuels speculation of impending interest rate hike
Quick Take On the news of today, job report, and unemployment data, the market is now pricing in a 70% chance of a 25bps rate hike. This would take the federal funds rate above 5%. The market now expects a 25bps hike in May, a pause in June, and a 25bps cut in July. дальше »
2023-4-8 18:49 | |
Samsung Records Worst Profit Since 2009, Set to Cut Chip Production
Coinspeaker Samsung Records Worst Profit Since 2009, Set to Cut Chip Production Samsung attributed its low performance to the sliding demands from consumers that have a largely limited supply of its advanced chip technology. дальше »
2023-4-9 16:40 | |
NFT Market Slumps as Crypto Investors Cut Back on Spending
The luxury market is facing a downturn, affecting art and NFT sales as younger consumers and crypto enthusiasts reduce spending. With China's market showing promise, it could be the key to reinvigorating the luxury and art sectors. дальше »
2023-4-7 13:20 | |
State compression drastically cuts cost of minting NFTs on Solana
The Solana Foundation has announced that it now costs way less to mint 1 million NFTs on Solana, thanks to a new technology that helps to drastically cut costs by introducing a novel way to store NFTs on-chain. дальше »
2023-4-8 21:00 | |
Bitcoin Erupts On Volatile Grounds Amid Euphoric Market Sentiments As BTC Targets $30,000
After a choppy weekend, Bitcoin (BTC) bulls make a solid claim in their attempts to hit $30,000, buoyed by impressive network fundamentals. Last weekend, BTC halted its steady advance following Opec’s announcement to cut oil production by a staggering 1. дальше »
2023-4-5 21:28 | |
Coinbase Says Americans Could Save Billions on Remittances Fees by Using Crypto
Coinspeaker Coinbase Says Americans Could Save Billions on Remittances Fees by Using Crypto Coinbase reported that crypto assets like BTC and ETH could help Americans cut the cost of sending money internally, which contributes to the high remittance fees. дальше »
2023-4-5 15:26 | |
OPEC Unveils Plans to Cut Oil Production Beginning in May
Coinspeaker OPEC Unveils Plans to Cut Oil Production Beginning in May While Saudi Arabia said its cut is a precautionary measure that is aimed at supporting the stability of the market, experts are positive that many OPEC nations do not want to relive the crash that followed the 2008 crisis. дальше »
2023-4-3 12:26 | |
The Short-Sightedness of Run-Amok Regulators
Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why crypto’s future looks bleaker: an apparent effort to cut it off from U.S. banks. дальше »
2023-3-30 19:44 | |
Disney Metaverse Division Reportedly Scrapped
Disney, the worldwide entertainment behemoth, is implementing a major change in its corporate strategy by reportedly dismantling its Disney Metaverse division. Seemingly, this action is part of a larger plan to cut operating expenses by $5. дальше »
2023-3-29 23:32 | |
Disney disbands entire metaverse team – 50 staff jobs cut
Metaverse dreams at the House of Mickey Mouse have been put on hold after Disney laid off its 50-person metaverse team as part of a broader job cut. The post Disney disbands entire metaverse team – 50 staff jobs cut appeared first on CryptoSlate. дальше »
2023-3-28 11:05 | |
Animoca Denies $200M Metaverse Fund Cut
Animoca co-founder Yat Siu says that the company is pursuing its original plan to raise a metaverse fund. Venture Capital firm Animoca Brands has denied reports that its metaverse fund is being slashed to $800 million. дальше »
2023-3-27 12:00 | |
SUSHI holders may have cut exposure long before SEC summon- Here’s how
Long-term holders of the token have significantly shredded their holdings. The SUSHI protocol has seen a decline in growth, thereby putting the network's health at risk. Although associated The post SUSHI holders may have cut exposure long before SEC summon- Here’s how appeared first on AMBCrypto. дальше »
2023-3-24 19:30 | |
Silvergate Wasn't Cut Off From Loans, Lender Says
The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate late last year, did not force Silvergate to repay the advances which have been rumored to be the reason why the crypto-friendly bank had to go into voluntary liquidation, it said. дальше »
2023-3-16 19:57 | |
Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
Russian banks may currently be cut off from the SWIFT international payments network. But, despite wide-ranging international sanctions against the Kremlin, money keeps flowing between Russia and the West, and a range of brokers are ready to turn Russian rubles into foreign currency abroad, in cash. дальше »
2023-3-16 14:00 | |
Silvergate concerns, Binance pursues growth amid FUD, Ethereum Shanghai update delayed | Weekly recap
Crypto entities cut ties with Silvergate amid solvency concerns, Binance FUD resurfaces, ethereum Shanghai upgrade delayed. дальше »
2023-3-6 19:35 | |
These Crypto Firms Have Decided To Cut Ties With Silvergate
The crypto market continues to lurch from the recent Silvergate crisis. Most recently, the crypto-focused bank, Silvergate, had delayed filing its annual 10-K report with the Securities and Exchange Commission (SEC), which has aggravated its downfall, which was previously precipitated by the collapse of FTX last year. дальше »
2023-3-3 15:30 | |
Coinbase ditches Silvergate amid solvency concerns
Silvergate suffers another big blow after Coinbase cut its ties to sign a deal with Signature Bank. Silvergate is under scrutiny following its involvement with FTX. дальше »
2023-3-2 20:10 | |
Silvergate stock crashed 50% on Thursday: here’s why
Silvergate Capital delayed submission of its annual 10-K report. JPMorgan downgraded Silvergate stock to underweight today. Silvergate Capital is now down 65% versus its year-to-date high. Silvergate Capital Corp (NYSE: SI) was cut nearly in half this morning after it delayed the submission of its annual 10-K report. дальше »
2023-3-2 19:34 | |