Nigeria’s New Crypto Tax Policy Could Set The Tone For Africa’s Positive Web3 Relationship

The country’s 2023 budget is riddled with an 11 trillion naira budget deficit and 6 trillion naira debt service cost, so it is looking for new avenues to fund its budget, observers say. Nigeria has placed a 10% tax on digital asset profits in the latest Nations Finance Act 2022 amendment. The tax will include […] дальше »

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BitBoy Twitter Hack a Cautionary Tale for Crypto Influencers

Ben Armstrong has accused Verizon of an attack on his Twitter account that cost investors $1 million. The post BitBoy Twitter Hack a Cautionary Tale for Crypto Influencers appeared first on BeInCrypto. дальше »

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IoTeX releases W3bstream’s Devnet, reducing development time and cost by 10X 

IoTeX has unveiled W3bstream's Devnet, providing developers with tools and infrastructure to build Decentralized Physical Infrastructure Networks (DePIN) applications дальше »

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Winklevoss twins warn crypto crackdown may cost Democrats 2024 elections

Winklevoss twins have warned the United States Democrats that their war on the cryptocurrency industry might cost them the 2024 presidential elections. Democrats have targeted the digital asset class during their campaigns. дальше »

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$800K lost following Sturdy Finance security breach

Decentralized lending platform Sturdy Finance suffered a serious security breach earlier today that cost it 442 Ethereum (ETH), worth about $800,000. An unidentified hacker launched the attack, taking advantage of the system’s reentrancy vulnerability to control a flawed price oracle and steal money. дальше »

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SEC can’t keep Western financial system going forever

Crypto. news’ editor Nicholas Ross Say shares his opinion on the US SEC’s recent crusade against crypto that cost the industry millions of dollars. He opines that innovation oppression won’t last forever. дальше »

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Optimism: Bedrock weaves its magic, better days ahead?

The cost of transferring ETH from the base layer to the L2 reduced by 66%. Optimism was the second-largest L2 network, holding assets worth $1.52 billion at press time. The recently executedThe post Optimism: Bedrock weaves its magic, better days ahead? appeared first on AMBCrypto. дальше »

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Ethereum needs this transition before 'full maturity'

The project's co-founder explained why wallet and privacy security were important to the blockchain. While L2s were also vital, ENS development could reduce the high cost of gas fees. AccordThe post Ethereum needs this transition before 'full maturity' appeared first on AMBCrypto. дальше »

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Amboss Unveils LINER Index, Bolstering Enterprise Adoption Of Lightning Network

LINER, a new index by Amboss, measures Bitcoin yield and cost on the Lightning Network, attracting enterprises with low-risk opportunities. дальше »

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Bitcoin Current Position Is Sensitive, Glassnode Explains Why

Data from Glassnode shows that the current Bitcoin price is where the cost basis of a large number of coins lies. Here’s what this means. 780,000 BTC Was Acquired Near The Current Spot Prices According to data from the on-chain analytics firm Glassnode, 4. дальше »

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Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan

The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said. дальше »

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Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann. дальше »

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Here Are The Pricing Models Bitcoin Must Stay Above For Rally To Go On

Here are the pricing model lines that Bitcoin might have to stay above if the bullish momentum of the cryptocurrency has to continue. These Bitcoin Pricing Models Are Currently Near The Spot Price In a new tweet, the on-chain analytics firm Glassnode has pointed out how the three pricing models, the adjusted realized price, the short-term holder cost basis, and the 200-week MA, are all close to the asset’s value right now. дальше »

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Despite Bitcoin's hurdles, positive signs emerge

Bitcoin found strong support levels that coincided with Long and Short-term Holder Cost Basis. Over 30% of BTC holders were in profit, indicating positive market dynamics. Bitcoin [BTC] has The post Despite Bitcoin's hurdles, positive signs emerge appeared first on AMBCrypto. дальше »

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FTX Examiner Appointment Referred to Court of Appeals by District Judge

The U.S. government is pushing to have an independent inquiry into the crypto exchange despite concerns over cost дальше »

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Bitcoin Shows Recovery: Did This Historical Line Act As Support Again?

Bitcoin on-chain data suggests a historical support line may have helped the coin once again as the asset has recovered toward $28,000 today. Bitcoin Short-Term Holder Cost Basis May Still Be Active As Support According to data from the on-chain analytics firm Glassnode, the BTC price approached the cost basis of the short-term holders recently. дальше »

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Bitcoin realized price hits YTD high

Quick Take The realized price is the average cost basis for the entire Bitcoin market. The current realized price is at a year-to-date high of $20,180. Since March 2023, Bitcoin’s realized price has hovered around the 2020 and 2022 levels, of roughly $26,400. дальше »

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The pizza bought with Bitcoin 13 years ago would have cost $365M today

Quick Take On this day 13 years ago, the first real-world Bitcoin payment was sent by a programmer buying pizza in exchange for 10,000 coins. With around 2,854,700 Bitcoin in circulation at that time, this set Bitcoin’s total market cap at around 571 large pizzas. дальше »

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Polygon price prediction: Will Matic recover above $1 after recent partnerships?

Key takeaways MATIC is up by only 3% over the past seven days despite Polygon announcing a series of interesting partnerships.   Antimetal launched its AI-powered cloud cost optimization platform on Polygon. дальше »

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DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey Finds

Uniswap found that many respondents are put off by the complexity and cost of on-chain trading. дальше »

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The average Federal Funds Rate from 1955 to 2023 is 4.62%

Quick Take The average Federal Funds Rate from 1955-01-01 to 2023-05-17 is 4. 62%. We are now in a normal regime of interest rates. The issue now becomes the total debt to GDP — which is roughly 120% — so as rates stay elevated, it will cost more to service the interest. дальше »

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Bancor DAO hit with class-action suit over impermanent loss protection promises

The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. дальше »

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Justin Sun Says Huobi Founder Li Lin's Brother Acquired HT Token for Free and Cashed Out

Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi's native token (HT) "abnormally" at zero cost and sold it for "huge amounts of cash." дальше »

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Bitcoin’s next bull catalyst: realized price flipping in June, just $800 from long-term holder threshold

Quick Take CryptoSlate has extensively covered the realized price and cost basis of cohorts throughout the bear market, and we are looking at the transition of a bull market. The next bullish Bitcoin catalyst is for the realized price to get above Long Term Holder realized price — which is now less than an $800 […] The post Bitcoin’s next bull catalyst: realized price flipping in June, just $800 from long-term holder threshold appeared first on CryptoSlate. дальше »

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The price of bitcoin has risen above $27.5 thousand after falling to the lowest since mid-March

The cost of the first cryptocurrency on crypto exchanges last weekend dropped to around $25. 8 thousand, but on the morning of May 15, the asset began to grow in price and broke the $27. 5 thousand mark. дальше »

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Arbitrum announces new reward program in a bid to revive the ailing ARB

Arbitrum will distribute 3,352 ETH, worth more than $6 million to its DAO. The cost of sending one ETH on Arbitrum was just $0.23, as compared to $3.14 on Ethereum. From a two-week high, theThe post Arbitrum announces new reward program in a bid to revive the ailing ARB appeared first on AMBCrypto. дальше »

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CoinBlast.com Auctions: Transforming the way you invest in cryptocurrency

Imagine being able to get a slice of the cryptocurrency market at a fraction of the usual cost. Sounds impossible, right? Not anymore, thanks to CoinBlast. com. This unique platform is shaking up the cThe post CoinBlast. дальше »

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Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1

Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate. дальше »

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Philippine Police cracks latest crypto scam; 1,090 people rescued

Philippine Police rescued 1,090 persons who were trafficked into the country in connection with a cryptocurrency scam. According to CertiK, crypto-related exploits, hacks, and scams cost the inThe post Philippine Police cracks latest crypto scam; 1,090 people rescued appeared first on AMBCrypto. дальше »

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Ethereum Gas Skyrocketing as Trader Paid 64 ETH in Fees, What's Happening?

One Ethereum transaction cost 64 ETH as gas fees return to record highs дальше »

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Garlinghouse Reveals Ripple Will Spend $200M Defending Itself Against The SEC Even As Case Worries XRP Holders

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Ripple CEO Brad Garlinghouse Reveals Legal Cost of Fighting SEC at Dubai Fintech Summit

Coinspeaker Ripple CEO Brad Garlinghouse Reveals Legal Cost of Fighting SEC at Dubai Fintech Summit Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year. дальше »

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Ripple and SEC: How Much Did Legal Battle Cost for Defendants?

Ongoing legal battle between Ripple, blockchain company closely associated with digital currency XRP дальше »

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Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report

The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit. дальше »

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Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says

Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States. дальше »

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Growing Bitcoin transactions highlight Lightning Network’s importance

The industry has always been aware that a time would come when an increase in fees would make Bitcoin transactions hugely impractical. While many assumed the growing cost of transactions would happen with mass adoption, it was the rise of the Ordinals that caused a drastic increase in fees. дальше »

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Memecoin hype drives Bitcoin transaction fees to multi-year highs

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels.

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How Much Does It Cost To Build A Blockchain In 2023

The paradigm shift towards a decentralized ecosystem, commonly referred to as Web 3. 0, has significantly amplified the need for blockchain solutions. If you aspire to join this billion-dollar industry, you may seek guidance from a blockchain development firm that can assist you in this regard. дальше »

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Are we on the verge of another Bitcoin miner capitulation?

Definition The Hash Ribbon is a market indicator that assumes that Bitcoin tends to reach a bottom when miners capitulate, i. e. , when Bitcoin becomes too expensive to mine relative to the cost of mining. дальше »

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Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023

New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive. дальше »

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Decentralized file-storage pricing differentials persist despite market growth: Report

Depending on the metrics, the cost of decentralized file storage can be very low or significantly higher than Web2 counterparts. дальше »

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Celo (CELO) blockchain joins Chainlink’s SCALE program

Celo Network announced on Tuesday that it had joined Chainlink’s SCALE program. The mobile-first, EVM compatible blockchain platform will benefit from high-quality, low cost oracle services. дальше »

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IMF to bailout Argentina only if the country adopts an anti-crypto stance

Argentina is scheduled to receive a $45 billion bailout from the IMF but at the cost of adopting an anti-cryptocurrency position. The national government is expected to take steps to limit the The post IMF to bailout Argentina only if the country adopts an anti-crypto stance appeared first on AMBCrypto. дальше »

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Bitcoin Posts Biggest Weekly Loss in 5 Months as Dollar Liquidity Declines, Debt Ceiling Fears Return

The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week. дальше »

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How the crypto market affects the iGaming industry

Have you ever thought about how the cryptocurrency market influences your preferred online gambling games? This virtual form of currency, introduced in 2009, has taken over the gaming industry with its potential to make deposits and withdrawals faster and more securely without any associated cost. дальше »

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Warren Buffett was wrong about a ‘rat poison’ Bitcoin portfolio, data shows

Warren Buffett is not a big fan of Bitcoin, and this position has cost his investment portfolio at least a 320,000% potential gain. дальше »

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Helium Network (HNT) Move to Solana Completed, Here's What's Expected Moving Forward

Helium will benefit from Solana's scalability and low cost following migration дальше »

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Bitcoin Bears Steal 3%, Time To DCA?

Applying a Dollar Cost Average (DCA) method can be smart for investors looking to profit from the crypto markets. Yesterday’s trade session witnessed a brilliant price recovery from Bitcoin after it reclaimed the $30,000 level, pushing some Altcoins to the upside. дальше »

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Bank of England and BIS Completes Project Meridian for DLT Settlement Program

Coinspeaker Bank of England and BIS Completes Project Meridian for DLT Settlement Program The researchers at Project Meridian identified several benefits of synchronization including reduction of risk, time, and cost invoked in settling a range of transactions. дальше »

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Crypto Advocates Seek Answers Over Regulatory Action Amid Bank Closures

Cryptocurrency businesses need banks to move money between entities and access banking services. However, many banks are hesitant to work with these businesses due to concerns about money laundering, regulatory risks, and the high cost of compliance. дальше »

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