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UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
23.3.2024
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023...
Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income
19.3.2024
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of...
El Salvador Woos Global Investors: 0% Income Tax!
14.3.2024
In a bold step, El Salvador has introduced innovative measures that attract foreign investments by canceling pay taxes on world investments. The 0% rate for these funds means they will not be liable to pay any taxes, as opposed to the general 30%, and is seen as a big step in making the country...
El Salvador Axes Income Tax for Investments From Abroad
13.3.2024
The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas
Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
13.3.2024
Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes
How to earn passive income with ARKMining cloud mining in 2024 (make money from home)
12.3.2024
ARKMining, a leading cloud mining and cryptocurrency company, is proud to announce its latest move to revolutionize the financial industry. With the rise of digital currencies and increasing demand for cloud mining services, ARKMining is expected to significantly impact the market. Cloud mining...
DogWifHat Investors Shift to Viral ICO Seeking 1000% ROI Gains
9.3.2024
As its amazing run higher continues, dogwifhat (WIF) investors are shifting to a viral new ICO called Sponge (SPONGE) as they seek 1000% return on income (ROI) gains.
The post DogWifHat Investors Shift to Viral ICO Seeking 1000% ROI Gains appeared first on Cryptonews
14 Best Crypto Staking Platforms with Highest APY Yields in 2024
6.3.2024
Crypto staking platforms enable investors to generate passive income on idle tokens. This will suit investors that wish to benefit from both income and capital growth, through a long-term investment strategy. This comparison guide reviews and ranks the best crypto staking platforms for the highest...
Grayscale Launches Crypto Staking Fund – Here’s What You Need to Know
5.3.2024
Grayscale recently announced the launch of the Grayscale Dynamic Income Fund, which will own tokens on nine blockchains: Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI Network, and Solana.
The post Grayscale Launches Crypto Staking Fund – Here’s What You Need...
Indonesia Watchdog Urges Finance Ministry to Re-Evaluate Crypto Tax Regime
4.3.2024
Cryptocurrencies are treated as a commodity in Indonesia and is currently subject to 0.11% value-added tax and 0.1% income tax.
The post Indonesia Watchdog Urges Finance Ministry to Re-Evaluate Crypto Tax Regime appeared first on Cryptonews
Crypto Miner Phoenix Group Reports 50% Jump in Net Income
15.2.2024
UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...
Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth
14.2.2024
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous...
Viral Passive Income Casino Platform Offers Incredible Valentine’s Day Bonus Offer As Presale Approaches Conclusion – $4.1 Million Already Raised.
13.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The viral passive income casino platform Scorpion Casino recently announced an incredible Valentine’s Day bonus ahead of its imminent exchange listing announcement. With the presale hitting...
Scorpion Casino (SCORP): $100K Paid Out – Why Holders Are Smiling with Passive Income
12.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino’s SCORP token stands out as a beacon of innovation. With a groundbreaking reward system, SCORP has already distributed $100K in passive income to its holders, marking...
Secured Finance Unveils Groundbreaking Multi-Chain Strategy to Empower DeFi Markets
9.2.2024
  In an era where decentralized finance (DeFi) is reshaping the financial landscape, Secured Finance emerges as a beacon of innovation with its latest multi-chain strategy. This move is not just a leap forward in on-chain fixed-income markets but a testament to the platform’s commitment...
Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements
6.2.2024
The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements...
The $SCORP Community is Earning Passive Income Every Day – Here’s How You Can Too
30.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The concept of earning passive income has become a reality for many. At the forefront of this revolution is Scorpion Casino’s native token, $SCORP, offering a unique opportunity for daily...
Cerra.io continues to pioneer the evolving landscape of Decentralized Passive Income on Cardano
26.1.2024
Since the launch of their decentralized application just a month ago, the momentum has not wavered. The team has forged new partnerships, introduced additional products, enhanced user experience, and is in progress of conducting a thorough smart contract audit. The Cerra.io team is on an unwavering...
IRS Revises Digital Asset Question on Tax Forms
25.1.2024
The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers, not just by those who engaged in a transaction...
US IRS Reminds Taxpayers to Report all Crypto-Related Income
24.1.2024
Source:Adobe The US Internal Revenue Service (IRS) has issued a reminder to all taxpayers to report any crypto-related income. The tax regulator has included a digital asset question on 2023 tax return Form 1040. The question asks taxpayers to report cryptos received in 2023 as a reward, award...