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IRS releases guidance on cryptocurrency staking – Grant Thornton
The IRS has issued guidance (Rev. Rul
Donald Trump may be sitting on half-a-million dollars in Ether that came from selling his widely mocked NFTs – Fortune
A filing submitted to the Office of Government Ethics has revealed that Donald Trump holds between $250,001 and $500,000 in Ether, the second-most-popular cryptocurrency by market cap, in an unspecified digital wallet. The crypto holdings, which could include other tokens, are likely connected to sales of a line of $99 NFTs that featured his image
Brazil’s Congress moves towards imposing higher cryptocurrency … – The Paypers
Brazilian legislators have been moving forward with laws that would increase taxes on cryptocurrencies held overseas.As reported by local sources, amendments to a bill that identifies cryptocurrency as financial assets for tax purposes in overseas investments have been approved by a congressional committee. Moreover, the profits from the fluctuations in cryptocurrency asset prices against the countrys fiat currency are taxed by the draft bill, while also including foreign exchange rate oscillation. According to officials, the amendment seeks to equalise tax treatment, as Brazilian shareholders investing in Brazil pay more taxes than those who invest abroad.
Worldcoin scans eyeballs and offers cryptocurrency | News, Sports … – Lewistown Sentinel
The Associated Press NEW YORK Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world, with the Kenyas government going so far as to shut down the service indefinitely. The international ID startup, backed by big names in Silicon Valley, is now having to defend itself in investigations over whether the biometric data that the company is collecting is truly secure. Heres what to know about Worldcoin and the concerns its raising: What is Worldcoin
Scientists used AI to find and track 95K ‘cryptocurrency free … – Cointelegraph
Researchers from San Diego State University in California developed an artificial intelligence (AI) system to identify, track and expose free cryptocurrency giveaway scams on X (formerly Twitter).
Sustainability in the Spotlight: Are Cryptocurrency Casinos Energy … – BusinessMole
As the world embraces sustainable practices across various industries, the focus on energy efficiency has become paramount. The gambling industry, including traditional casinos, has been scrutinized for its environmental impact due to high energy consumption.
1 Cryptocurrency I’d Buy Right Now – The Motley Fool
After a fast start to the year, Bitcoin (BTC 0.27%) has been in a holding pattern of late, unable to break decisively above the $30,000 mark. While Bitcoin is still up 79% for the year, it is actually down 2% over the past 30 days. But even with this recent sluggishness, Bitcoin is the one cryptocurrency I'd buy right now.
Topcredit Int Enters Top 70 List of Cryptocurrency Spot Exchanges … – InvestorsObserver
Topcredit Int Enters Top 70 List of Cryptocurrency Spot Exchanges on CoinMarketCap Toronto, Ontario--(Newsfile Corp. - August 14, 2023) - Topcredit Int, a cryptocurrency exchange platform, has achieved a prominent position in CoinMarketCap's global exchange rankings, ranking at No. 67 on the Top Cryptocurrency Spot Exchanges list
750,000 of cryptocurrency seized through civil recovery order … – Law Gazette
Cryptocurrency worth more than 750,000 has been seized from a hacker under a High Court Civil Recovery Order, in what may be the first such recovery of a digital wallet. Police executed search warrants and seized a black book containing 12 recovery seeds which enabled officers to reconstruct a digital wallet, the Crown Prosecution Service announced
CFTC Charges Residents of Florida, Louisiana, and Arkansas in … – Commodity Futures Trading Commission
Washington, D.C. The Commodity Futures Trading Commission today announced it has filed a complaint in the U.S. District Court for the Middle District of Florida against Rene Larralde of Melbourne, Florida, Juan Pablo Valcarce of West Melbourne, Florida, Brian Early of New Orleans, Louisiana, Alisha Ann Kingrey of Franklin, Arkansas, and their unincorporated entity, Fundsz