Tag: Cryptoslate
Blockchain
Crypto mining profitability varies wildly based on location
Cryptocurrency miners are considered one of the main drivers of the crypto industry but the latest market downturn has put the profitability of the once-lucrative business into question The post
Blockchain
Fresh allegations against Celsius renew calls for EU crypto compensation fund
A petition to the European Parliament for the creation of a crypto compensation fund is gathering steam following recent scandals, in particular happenings at Celsius Network The post Fresh
Blockchain
US, South Korea to cooperate over Terra investigation
United States and South Korean authorities have agreed to collaborate on the investigation of Terra’s implosion, South Korea’s Yonhap News Agency reported July 6 The post US, South Korea
Blockchain
India is investigating crypto exchanges compliance to foreign exchange laws
India’s Directorate of Enforcement has sent notices to crypto exchanges to determine whether they violated the country’s Foreign Exchange Management Act (FEMA), Economic Times India
Blockchain
Industry insiders remain bullish, believe crypto winter will improve Web3
The crypto industry is going through a tough time, but a prolonged bear market is nothing new for those who have been around the space since 2017 The post Industry insiders remain bullish, believe
Blockchain
Bitstamp introduces ‘inactivity fee’ to shore up revenue
Crypto exchange Bitstamp has announced it will start charging an inactivity fee of €10 per month from August 1 The post Bitstamp introduces ‘inactivity fee’ to shore up revenue
Blockchain
OpenNode partners Lemon Cash to give Argentinians access to Bitcoin’s Lightning Network
Bitcoin payments infrastructure platform OpenNode has partnered with Lemon Cash, a popular cryptocurrency wallet provider in Latin America The post OpenNode partners Lemon Cash to give Argentinians
Blockchain
Voyager Digital caves and files for Chapter 11 bankruptcy
Crypto platform Voyager Digital filed for Chapter 11 bankruptcy on July 5 in the Southern District of New York The post Voyager Digital caves and files for Chapter 11 bankruptcy appeared first on
Blockchain
India’s crypto tax impacted trading frequency of 83% of traders, says survey
A survey conducted by crypto exchanges WazirX and Zebpay found that 83% of traders believe India’s 30% tax on all cryptocurrency and non-fungible token (NFT) transfers has impacted their
Blockchain
U.S. states rethinking crypto tax payments amid bear market
United States states except for Colorado and Utah are rethinking allowing tax payments due to bear market prices, Bloomberg News reported July 5 The post US states rethinking crypto tax payments
Blockchain
BoE calls for tougher rules as crypto market plunges $2 trillion
Bank of England’s (BoE) Financial Policy Committee believes the crypto industry needs more stringent regulations as the crypto market cap’s decline from almost $3 trillion in late 2021 to
Blockchain
NEAR Protocol: Simple, scalable, secure
In order to make a mark in the world, you can either hang on the coattails of things that already have momentum, or you can create the momentum yourself The post NEAR Protocol: Simple, scalable,
