2023-1-17 14:21 |
The broker expects on-chain revenue to grow to about half of total cryptocurrency revenue from around 15% today.
Similar to Notcoin - Blum - Airdrops In 2024
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The internet has been set ablaze by all the buzz about Web3 and the vast utility and immersive user experiences it will afford. Yet, for all of the hype around Web3’s enabling technologies, like the blockchain, NFTs and the metaverse, very few companies have actually made the leap thus far. Web3 is a term used […]
2023-1-4 13:35 | |
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Hype around Uniswap increased as social contributions soared, however, sentiment declined TVL and revenue continued to decline even though new users flocked to the DEX DEXes like Uniswap [UNThe post Uniswap NFTs take the crypto world by storm, but what about... appeared first on AMBCrypto.
2022-12-3 12:30 | |
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Nasdaq-listed lending fintech SoFi (SOFI) posted third-quarter revenue of around $424 million, a jump of over 55% from the corresponding quarter a year ago.
2022-11-2 14:56 | |
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Nasdaq-listed lending fintech SoFi (SOFI) posted third-quarter revenue of around $424 million, a jump of over 55% from the corresponding quarter a year ago.
2022-11-1 14:56 | |
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FTX’s financials show a 1,000% increase in the exchange’s revenue from 2021. The exchange has embarked on an acquisition spree of several subsidiaries around the world. FTX launched a stock trading option for U.
2022-8-22 19:20 | |
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Dogecoin continues to plunge as it failed to retain support at the $0. 08 level. The bad news is that the Dogecoin price can still fall further down as the bears appear to have bypassed the triangular structure that has latched ferociously around it the previous month.
2022-6-12 11:51 | |
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A Barclays report has revealed that crypto investors might not be paying their full taxes to the Internal Revenue Service (IRS), saying that the tax gap for crypto traders could be up to $50 billion, CNBC reported.
2022-5-20 20:50 | |
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Much discussion has centered around the implications of decreasing fee revenue for bitcoin miners — why is it happening and what does it mean?
2022-5-6 22:30 | |
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Ethereum network revenue from gas fees plunged 44% in the first quarter of this year compared to Q4 2021, with around $2. 1 billion worth of ETH tokens burned. But year-over-year performance told another story as revenues surged 46% from $1.
2022-4-29 16:30 | |
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As the NFT market boomed in 2021, so do the questions around taxation come the next tax season. Sponsored Sponsored The Internal Revenue Service wants its share of the NFT booty. There is a lack of clarity on how NFT holders should be taxed, but tax experts say taxes could be up to 37%.
2022-1-16 12:05 | |
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After the China's ban on mining, other countries around the world opened up avenues for mining activities which are now picking up again. Now, in terms of mining revenue, BTC miners generally dominateThe post Why Ethereum miners are making more than Bitcoin miners appeared first on AMBCrypto.
2021-9-6 11:00 | |
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Courtesy of the unparalleled hype around non-fungible tokens, Ethereum’s mining revenue has increased by more than 60% in the month of August. While the Ethereum mining revenue for the month of July was north of $1.
2021-9-1 22:29 | |
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Bitcoin price was trading slightly higher this past week, though still lower by around 50% compared to its peak around mid-April. Price mostly fluctuated between $32k to $37k levels, designating that the volatility has cooled down.
2021-7-8 15:05 | |
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The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms and, yes, such income is taxable.
2020-8-31 10:31 | |
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The US taxation watchdog is tightening the noose around crypto investors. IRS Wants to Know About Your Crypto Indulgences The US Internal Revenue System (IRS) recently released drafts of its income tax forms for 2020 which particularly asks all taxpayers whether they ever bought any crypto.
2020-8-22 15:07 | |
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Following Bitcoin’s third halving to date, the network’s total hashrate has fallen by around 30 percent. The data comes courtesy of BTC network analysis firm CoinMetrics. io. The sudden loss of revenue for miners following the reduction in block reward will mean that some mining operations are no longer profitable.
2020-5-15 07:15 | |
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Revenue generated by ransomware attacks fell dramatically in March as COVID-19 lockdown measures spread around the world. The drop is somewhat curious considering attackers have never wielded such leverage; medical care facilities are stretched close to their limits in many countries.
2020-4-19 12:35 | |
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Binance (BNB), the world’s largest Bitcoin (BTC) trading venue has announced the launch of its Peer-to-Peer (P2P) Merchant Program. The P2P program will allow merchants to provide fiat currency payment solutions to people around the world and earn revenue, according to a blog post on January 21, 2020.
2020-1-22 18:00 | |
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Travala, the online platform that allows crypto users to book hotel rooms in thousands of destinations around the world, has registered remarkable growth in bookings during the Christmas holiday season.
2020-1-5 16:50 | |
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The current legal status of Bitcoin is difficult to gauge in the United Kingdom. A new taxation guidance update shows there is still some confusion to be cleared up. At this time, cryptocurrencies are neither currencies nor securities.
2019-11-5 22:30 | |
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Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter.
2019-11-1 06:30 | |
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Lyft Chief Financial Officer Brian Roberts claims that losses the company suffered in 2018 were very likely the “peak” with better times around the corner. On a call with investors, Roberts said that an increase in revenue per rider was behind Q2 earnings completely smashing Wall Street expectations.
2019-8-9 23:35 | |
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By CCN Markets: Goldman Sachs analyst David Tamberrino delivered some ugly thoughts about Tesla’s stock, and it relates the sustainability of demand. There is a lot of that going around. Tesla’s annual revenue: 2019: $25.
2019-6-22 21:45 | |
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By CCN Markets: Analysts at Royal Bank of Canada (RBC) Capital Markets predict that Facebook’s upcoming cryptocurrency, GlobalCoin, could be the company’s most significant achievement yet.
2019-6-15 18:09 | |
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A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil‘s Central Bank.
2019-5-22 12:25 | |
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The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.
2019-5-21 20:54 | |
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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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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network.
2019-5-8 00:53 | |
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Traditional Stocks And Crypto Apple (APPL) stock has reached around $200 per share this year. In a note to Bank of America clients concerning its position on Apple, analyst Wamsi Mohan discussed Apple’s performance for the second quarter of 2019, one of its core strengths was its services revenue, which reached $11.5 billion. He stated, […]
2019-5-2 20:13 | |
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By CCN: Tesla (TSLA) has had a poor first quarter in 2019, suffering from various occurrences such as the reported explosion of a Tesla Model 3 in China and a big miss on earnings. From January to March, Tesla was expected to generate a revenue of $5.
2019-5-2 01:45 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets.
2019-4-16 22:26 | |
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ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports.
2019-3-14 00:05 | |
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Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.
2019-3-1 18:10 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52.
2019-3-1 19:58 | |
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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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Miners among the most popular Proof-of-Work (PoW) networks have earned around $21 billion since each network started, Bitcoin (BTC) accounting for more than half of the earnings. Each block is currently allowing more transactions to be processed thanks to implementations such as Segregated Witness (SegWit).
2019-2-26 18:55 | |
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At Mt Pelerin, we believe that an evolution of banking is long overdue. With the global enthusiasm for FinTech and the ever growing success of blockchain technologies, we now have all the right tools to make this evolution happen.
2019-2-17 16:47 | |
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RBC analyst Mitch Steves estimates that Nvidia probably earned around $1.35 billion more in total revenue from crypto and blockchain than it reported
2019-2-4 17:53 | |
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According to a report by Markets Insider, Nvidia generated $1. 95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher.
2019-2-2 04:13 | |
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An anonymous Twitter user that goes under a moniker Trolly McTrollface (highly recommend to follow his profile) has published an interesting article on his blog about companies that are paraded around as big Ripple partners.
2019-1-31 22:55 | |
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The American tax season is an annual period between late January till around mid April. With the government shutdown temporarily suspended for three weeks, employees at the Internal Revenue Service (IRS) will soon be reporting to work to start this year’s tax return season.
2019-1-27 19:51 | |
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Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $1 Billion again in payments and set a new record for transaction fee revenue.
2019-1-18 22:47 | |
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WordPress, the open source CMS that powers nearly one-third of the web, is now looking to streamline newsrooms around the world. In 2019, we’ll see a new commitment to small and medium-sized publishers with a toolkit called Newspack.
2019-1-16 00:47 | |
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For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet.
2018-12-29 02:01 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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There are many different institutions around the world that are starting to embrace blockchain technology and improve their services and products. This time, Bangkok’s revenue department will be using distributed ledger technology (DLT) so as to prevent tax evasion.
2018-11-6 02:04 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Bakkt, a leading crypto custodian, is considering a sale or breakup among other strategic alternatives, with $348M in Q2 revenue reported. The post Bakkt explores potential sale or breakup amid surge in crypto M&A activity appeared first on Crypto Briefing.
Sky Mavis retrieved $5.7M from the Ronin bridge hack, with 85% of recovered assets set to be deposited into the Axie Infinity treasury. The post Sky Mavis says $5.7M recovered from $600M Ronin exploit appeared first on Crypto Briefing.
Binance has resumed cryptocurrency purchases via Visa and Mastercard, allowing users to buy crypto with a maximum one-time purchase limit of up to $20,000. The post Binance brings back card payments after regulatory hurdles appeared first on Crypto Briefing.
Paxos introduces the Lift Dollar in the UAE, offering a stablecoin with a daily yield aligned with US Treasury bonds. The post Paxos launches Lift Dollar, a rebased yield-generating stablecoin appeared first on Crypto Briefing.
DMM Bitcoin to use loans and capital raise to repay customers after $305M in bitcoin was stolen in a recent security breach. The post DMM Bitcoin announces compensation strategy for hack victims appeared first on Crypto Briefing.
US spot bitcoin ETFs saw their second-highest daily inflow ever on Tuesday at over $880 million, the most since March, as demand returns amid Bitcoin's resurgence.
Ark Labs is betting on the innovative protocol and plans to build tools for others to buy in