“Four lawmakers wrote a letter to the Internal Revenue Service Wednesday, asking the U.S.tax agency to ensure stakers don’t face tax liabilities for receiving block rewards before they sell their new tokens. It’s misleading to say that validators get paid to create blocks and to maintain the network. Sutherland said the appropriate approach to taxing…
President Trump’s Ex Sanctions Chief Joins Chainalysis Advisory Board
Today, blockchain analysis company, Chainalysis announced the addition of another $13 million to its funding pool.This has pushed the total investment figure to $49 million.What’s more interesting is Sigal Mandelker, the former Under Secretary for Terrorism and Financial Intelligence at the U.S.Department of the Treasury, joining the firm as an advisor.Chainalysis Pockets a Whopping $49…
DeFi Tokens Lead Altcoin Season 2020 as Total Value Locked Crossed $2 Billion
Decentralized finance tokens have outperformed their crypto brethren over the past month, with some hitting two-year highs.As the nascent industry keeps growing, which ones will be next? DeFi has been the darling of the crypto industry over the past month, doubling in total value locked (TVL) in just a few weeks.A new all-time high of…
‘Fireworks Are Coming’ — FX Markets Will Boost Bitcoin, Says Analyst
Max Bronstein, who works on the Institutional Coverage team at Coinbase, believes “fireworks” are coming to the global currency market.What’s more, a spike in volatility of currencies might largely benefit the price of Bitcoin (BTC). He said: “A lot has been said on BTC’s performance during bouts of equity volatility, but not as much on…
Monex Becomes First Japanese Securities Firm to List Cryptocurrency CFD
Major Japanese online securities firm Monex Securities is the first Japanese firm to offer a cryptocurrency CFD. 2170 Total views 20 Total shares Monex Securities, a major Japanese online securities company, launched a cryptocurrency contract-for-difference service today.This marks the first time that a major online Japanese securities company has offered a crypto CFD. A CFD…
Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85% | Market Updates Bitcoin News
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14.Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able to hold above their 50-day averages.Crypto…
Marlin Releases Open-Source ‘Layer 0’ Transaction Relayer for Ethereum
Marlin Releases Open-Source ‘Layer 0’ Transaction Relayer for Ethereum Jul 8, 2020 at 16:00 16:23 UTC (Federico Beccari/Unspash) William Foxley Marlin Releases Open-Source ‘Layer 0’ Transaction Relayer for Ethereum Blockchain startup Marlin has released its relay network framework OpenWeaver in an effort to speed up block propagation on the Ethereum network.Based in San Francisco, U.S.and…
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NIO Stock Price Increases 2% Today as Nio Shows Rise in Deliveries
Nio stock price is rising.Deliveries in July have reached record highs.The Chinese company may become a serious competitor to Elon Musk’s Tesla. Nio Inc (NYSE: NIO) stock price is slightly up in the pre-market as incoming data from the Tesla Inc (NASDAQ: TSLA) challenger indicated that business has been great.The company has shown higher deliveries…
FXOro Review – The Right Way to Enter Your Trading Career
FXOro Review – The Right Way to Enter Your Trading Career By 0 There is no denying that online trading has seen a meteoric rise as of late.One of the main reasons behind it is that a large number of people are not satisfied with their current jobs.Most of them have to work long shifts…