Developer Profits $2.85 Million From New Altcoin, Neiro, In An Apparent Rug Pull
Data from cryptocurrency tracking service Lookonchain reveals that the developer of the newly launched Neiro altcoin has achieved substantial financial gains after a.
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Greece Is Considering Taxing Cryptocurrency Profits
Greece is considering classifying cryptocurrency profits as capital gains from securities sales and taxing them at 15%. While some countries adopt a moderate.
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Two Dormant Bitcoin (BTC) Wallets Emerge With Massive Profits
Two dormant Bitcoin (BTC) wallets resurface, yielding massive profits of over $60M. Recently, two long-held Bitcoin accounts sprung to life, the first of.
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Japan Eases Tax Burden, Will Now Tax Only Profits From Sales Of Digital Currencies
In its 2024 crypto tax reform, Japan has eliminated the mark-to-market tax for corporations holding third-party crypto assets, shifting taxation to profits from.
Blockchain News
Tether’s Market Capitalization Soars to New Heights, Profits Hit $1.5 Billion in Q1 2023
Tether (USDT) is experiencing an astounding surge in its market capitalization, shattering previous records as the company responsible for the leading stablecoin amassed.
Crypto News
Coinbase Share Price Spikes 7.9% as Q1 Results Beat Expectations
Cryptocurrency exchange Coinbase’s net deficit was dramatically reduced in the first quarter of 2023, thanks partly to strong profits from retail investor trading.
AI News
Multiple US State Regulators Allege AI Trading dApp, YieldTrust.ai, is a Ponzi Scheme
Montana, Texas, and Alabama securities regulators have filed joint enforcement actions against cryptocurrency trading platform YieldTrust.ai, alleging it is “operating a Ponzi scheme.”.
Crypto News
As the year Ends, Raoul Pal Believe institutions have taken their profits
Institutional profit-taking, according to Raoul Pal, is the most likely cause for recent Bitcoin sell-offs, but that the selling is likely over for.
Crypto News
IRS clarifies Crypto Investment Reporting Requirements
The U.S. tax department IRS elucidated that American investors who purchased crypto through fiat are not required to report their purchase activities.