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Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens
10.3.2023
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax revenue as a result of the waiver. Relaxation of...
TMS Network (TMSN) taking the spotlight as Alchemy Pay (ACH) and Zilliqa (ZIL) investors eye its presale
10.3.2023
Alchemy Pay (ACH) and Zilliqa (ZIL) tempted investors with their blockchain innovations and rewarded early adopters with sizable profits. Zilliqa (ZIL) gave its holders a 260% reward in the first three months, while Alchemy Pay (ACH) left others in its dust with a 14,000% spike in the first month...
How Taxes Work With Crypto Trading Bot?
10.3.2023
The Basics of Crypto Taxes Crypto Taxes differ based on using cryptocurrencies, buying and selling cryptocurrencies, and various automated crypto bots for trading cryptos. Crypto Taxes fall into Capital Gains Tax and Ordinary Income Tax. Capital Gains Tax: Capital Gains Tax will be infused upon...
SingularityNET (AGIX) price continues uptrend, why Avorak AI is also gaining support in 2023
10.3.2023
SingularityNET has become a major player in the recently booming AI crypto market. Since the start of 2023, the SingularityNET token, AGIX, has grown significantly. As AGIX’s price rises, Avorak AI gets more support as its ICO event draws more attention. The rise of AI crypto In recent years...
Huobi flash crashes and recovers 90% with high sales and downturn
10.3.2023
Huobi recently witnessed a massive token collapse during a flash crash. The 17th biggest exchange experienced a 90% loss in market cap, which was recovered minutes later. At 3:45, HT was trading at $4.70. The token was now worth $1.83 after 25 minutes had passed. A couple of hours later,...
Gary Gensler pushes to bring crypto ventures under the law
10.3.2023
Gary Gensler, the Chair of the US Securities & Exchange Commission, has published an opinion article explaining the need to bring all crypto ventures under the legal lens. The emphasis is on the importance of bringing crypto ventures within the legal bounds for the objective of protecting...
Iran’s Crypto Rial Project Enters Trial Phase
10.3.2023
The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank announced. The authorities in Tehran plan to expand the use of the state-backed currency and integrate it into Iran’s payment system. Iranian Government Prepares...
Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty
10.3.2023
The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns on any membership purchased,” the U.S. Department of Justice (DOJ) detailed. Airbit...
NY AG sues KuCoin for selling securities and commodities without registration
9.3.2023
New York Attorney General Letitia James said the suit is the first time a regulator has claimed Ether is a security in court
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security
9.3.2023
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets...
US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution
9.3.2023
According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations, and the board believes that investors should exercise caution when dealing with companies using POR audits. PCAOB Calls for Investor Caution and...
DigiToads is making a big impact in the crypto space. Will it overtake Dogelon Mars and FLOKI?
9.3.2023
As meme coins continue to gain mainstream attention, the DigiToads project has emerged at the head of the pack. Led by a team of experienced developers and blockchain experts, DigiToads has quickly become a powerful competitor in the crypto space, raising the question: can DigiToads overtake Elon...
Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’
9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
CoinTracker integrates with H&R Block to offer crypto tax preparation
9.3.2023
The new integration allows crypto users to automatically fill out the crypto portion of Form 8949, which is used to report capital gains and losses from investments for tax filings
Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
9.3.2023
The team said it has already lined up clients, including CoinList, Bitso and TrueUSD
STEPN news begins to turn bullish during Avorak AI ICO event – next 100x token?
9.3.2023
Investors are constantly looking for the next big thing as the crypto market grows. STEPN, an altcoin that is turning bullish, has recently generated a lot of hype. At the same time, AVRK, a token projected to be 100x its value, is conducting an initial coin offering (ICO). Avorak AI has quickly...
Analyzing the benefits of investing in TMS Network (TMSN), Aptos (APT), and Fantom (FTM) tokens before their upcoming launch
9.3.2023
In this digital era, investing in the new cryptocurrencies is the most talked about topic for investors. The biggest potential gains invariably attract the biggest talk. And investors always have a keen eye on upcoming projects to make the most of them. This trend is supported by the huge success...
Exploring the potential gains that could be made by Filecoin (FIL), Ankr (ANKR), and TMS Network (TMSN) investors during the 2023 bull run
9.3.2023
If you want to be a good investor, you need to use the opportunities presented to you. And a bull run can be just that for making large gains. This is why we need to talk about how you can make potential gains by Filecoin (FIL), Ankr (ANKR), and TMS Network (TMSN) during the 2023 …
Fraudsters Offer Russians Bogus Chance to Invest in Fake ‘State Cryptocurrency’
9.3.2023
Internet users in Russia have been targeted in an email campaign advertising the launch of an alleged cryptocurrency issued by the state. Potential victims are encouraged to follow a link to the website of the fraudulent investment scheme, security experts said. Thousands of Investment Offers...