Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

There is nothing wrong with paying taxes on your crypto gains if you live in a country where you feel the government is using these taxes to help the needy and improve living conditions.

I see it too often here that people aren't so happy with paying capital gains taxes on their crypto, which is worrying because at the end of the day we want everyone to benefit from major crypto adoption, even those who aren't able to directly benefit hence why taxes are important. The benefits of crypto…
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Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply Exceeds Demand on Russian Market for Mining Chips Mining hardware is […]

The most valuable video in history. Only .369 eth

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

New gold-based stablecoin by trading giant Mitsui reportedly on the way

Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project.

A proper ELI5 on the Wormhole ETH hack

So, the other day there was an ELI5 here about the recent Wormhole hack. That post was completely wrong, however. Here's my take on a proper one. So, how did the hack happen? Lets use a traditional bank to represent Wormhole, and imagine that you are the hacker trying to steal money from the bank.…
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Seven previous BTC crashes of more than 50% tell us that BTC will come back stronger.

I am not saying that history repeats itself, but the past can teach us to look at the future in the other way. When the panic subsides, logical thinking will prevail. And that logical thinking is the purchase of encrypted, decentralized P2P money that is resistant to centralization, and any kind of censorship. Money plays…
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Bitcoin price bounces after Amazon stock gains 15% in US tech comeback

Relief for embattled U.S. tech stocks injects fresh energy in Bitcoin and altcoins, with Ethereum reaching two-week highs.

Central Bank of Ecuador Might Regulate Cryptocurrencies This Year

The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the manager of the Central Bank of Ecuador, this will bring more clarity to the cryptocurrency scene in the country, and will contribute to preventing crimes such as money laundering. Central Bank of Ecuador Has […]

NFT battles: Nike takes seller of unlicensed NFT sneakers to the court

StockX is an online reseller estimated to be worth $3.8 billion, and NFT sneakers in dispute are still online.