Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Tax implications of airdrop to protocol

What are the tax implications to OP labs for the recent Optimism airdrop? Presumably the 25% ecosystem fund would go to a wallet controlled by the company. Would that be taxable income to the business similar to how it is taxed for the individuals receiving it? submitted by /u/minsguy [link] [comments]

Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives

The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain. Spanish Securities Regulator Sets Eyes on Binance The CNMV, which is the […]

Restaurants in Singapore accept Bitcoin, ignoring government resistance

submitted by /u/anon43850 [link] [comments]

Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers.

There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform industry

NFT art continues to grow in popularity, but what other industries could the technology disrupt in the next few years?

Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach and more

The week in DeFi saw European lawmakers write a new chapter on DeFi, Virginia county plans to put its pension fun in a DeFi yield, DeFi protocols lost $1.6 billion to exploits and more

Lewis Capaldi goes blockchain/NFT ticketing

Lewis Capaldi is yet another artist that sees the benefits of NFT ticketing. Today it's been announced that XTIXS will be ticketing his show in Iceland. The ticket sale goes live on May 12th. ​ https://preview.redd.it/fwk0yjlgpwx81.png?width=950&format=png&auto=webp&s=94702c3fc1b44aad0c991a68459f64b850d25ff1 XTIXS is one of the integrators of GET protocol. This means that GET protocol provides the entire ticketing infrastracture,…
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Imagine the thoughts of someone who got in at $20K before the crash in 2017 seeing FUD about $35K after waking up from a coma?

This is what i think about when seeing so much FUD about BTC dropping to 35K. People have this delusionment that makes them feel they can buy when everything is hyped up to the max, and expect their coin to keep flying up until they hit 1000% ROI. That's just not how this market ever…
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Amid crypto hype, Google’s cloud unit creates Web3 team

The decentralized space continues its expansion and major brands are adopting Web3 tools, including Google’s cloud unit.