Pay Tax on Your Bitcoin Profits or Face Punishment, Mexican Auditor Warns
30.8.2021
An auditor has warned that Mexicans must pay tax on bitcoin (BTC) and altcoin trading profits – or run the risk of becoming earmarked as money-laundering offenders.
Per the news agency EFE, via El Nacional, Fidel Ortiz, the director-general of the accountancy FIXAT, claimed that BTC investment...
Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes
30.8.2021
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million...
CELO, Fantom and Keep3rV1 rally after liquidity mining programs launch
30.8.2021
Newly launched incentive programs and protocol upgrades were followed by 50% rallies in CELO, FTM and KP3R
30-somethings led crypto purchases at South Korean exchanges in 2021
30.8.2021
The increased trading volume comes following the country's Financial Services Commission requiring crypto trading platforms to register as digital asset service providers before Sept. 24
Banks Protest Crypto Firms' Claim to Federal Reserve Payments Systems
30.8.2021
Crypto businesses are seeking access to the US Federal Reserve’s (FED) payments systems that legacy finance institutions use to move money around swiftly. However, in a bid to protect their privileged position in the US financial system, banks are protesting against providing crypto companies with...
Ripple files motion to expose XRP holdings of SEC employees
30.8.2021
The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on SEC employees’ XRP holdings
Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life
30.8.2021
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate...
After passing $1T in crypto transactions, Blockchain.com CFO hints at going public in 2023
30.8.2021
Crypto exchange Kraken and stablecoin-focused company Circle have also said they are considering public listings
Decentralized Bitcoin Exchange, USD 100M DeFi Initiative + More News
30.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
Payment giant Square and social media giant Twitter CEO Jack Dorsey said that Square's new division focused on creating...
3 Blockchains Looking to Dethrone Ethereum
30.8.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Ethereum has long reigned as the king of smart contract platforms, thanks in no small part to the huge range of applications already operating on...
Recommending regulations: Crypto working groups make push for adoption
30.8.2021
Collective groups and associations want to establish industry standards for crypto, but will this guidance make a real impact on adoption?
OpenOcean Integrates Avalanche to Expand Liquidity and Optimize Trading
30.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Road Town, BVI, 30th August, 2021, Chainwire
OpenOcean, the world’s leading DeFi and CeFi full aggregator, is excited to announce that it is now live on Avalanche, a highly scalable and open-source platform...