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International Women’s Day 2022 focuses on bringing women to Web3
8.3.2022
Initiatives are launched on International Women’s Day 2022 to bring more women to Web3, but will this be enough in the long-run?
Enhance Your Crypto Trading Profits with the Most Advanced Spot Grid Strategies
2.3.2022
Grid trading is a sort of quantitative strategy used in trading, and trading bots are used to automate buying and selling on Spot Trading. The Spot Grid trading strategy is created to place orders at a preset interval within configured price ranges. Spot Grid strategies involve placing orders...
Intel's BMZ2 Bitcoin Miners to Improve Gross Profits by 130% Compared to Rival Antminer S19 Pro - GRIID
1.3.2022
A US Securities and Exchanges Commission (SEC) filing by GRIID - an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities and one of Intel's first recipients of its upcoming "Bonanza Mine" chips - has claimed that the upcoming Bitcoin miners offer...
Coinbase’s Trading Volume Grew 8.5 Times in 2021 — With 89 Million Verified Users
26.2.2022
The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. In addition, Coinbase’s trading volume grew more than 8.5 times from the previous year...
Saxo Bank Shows Growth in Client Count While Profits Remain Marginal
25.2.2022
The annual financial reports for the Denmark-based Saxo Bank came in earlier this week. While the bank scored less exceptionally in terms of profits, the phenomenal growth in client count makes up for the moderate performance. Compared to the previous year’s revenue of 750 million Danish...
Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block
14.2.2022
"As a smaller organization with a smaller team, we saw how crypto could level the playing field and provide massive fundraising success," said giving associate Alexa Castellano at Trees for the Future
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says
6.2.2022
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it...
XTB Notes 69% Hike in Q4 Profits
3.2.2022
XTB, a Poland-based retail broker, recently released its Q4 report, noting a 69% surge in profits. The company also reported a 31.2% year-over-year jump in operating income, with other parameters showing immense growth. The growth ended up with the Polish broker amassing 183.6 million...
NFT philanthropy demonstrates new ways of giving back
31.1.2022
Organizations and artists are using NFTs to give back to children in need, demonstrating new potential for nonfungible tokens
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
13.1.2022
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income...
Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils
7.1.2022
Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance...
Raoul Pal believes institutions have finished taking profits as year winds up
29.12.2021
Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell offs, but that the selling is likely done for now
Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%
17.12.2021
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively...
Upbit Operator Posts Record Profits, Eyes US Expansion
17.12.2021
The South Korean crypto exchange operator Dunamu is set to accrue a tax bill of a whopping KRW 1trn (USD 843m) following the most successful year yet for its Upbit trading platform.
According to Donga, Dunamu posted cumulative operating profits of USD 2.2bn in the first three quarters of...
5 times quickfire crypto traders bought the news for double (or triple) digit profits
11.12.2021
Buy the rumor? It depends how fast you pull the trigger when the news breaks. These mind-bending returns rewarded crypto traders who were fastest on the draw... Here's how you can join them
The Giving Block raises $2.4M for charity on 'CyberGivingTuesday'
2.12.2021
Giving Tuesday marked the start of the season for crypto giving and The Giving Block is leading the crypto fundraising campaign
Government Officials Pressuring Activision Blizzard Are Now Threatening The Company's Profits
1.12.2021
State treasurers from California, Massachusetts, Illinois, Oregon, Delaware, and Nevada are calling on Activision Blizzard to take more serious measures in addressing ongoing high-profile investigations and lawsuits about the company’s troubling culture. According to Axios, said treasurers have...
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...