The Bitcoin halving refers to an event where miners’ block rewards are cut in half. This occurs roughly every four years, depending on when a total of 210,000 blocks have been mined from the previous halving go-live date. As a result, the number of new tokens entering circulation slows and fewer tokens enter the supply …
Monthly archives: December 2022
Galaxy Digital CEO Mike Novogratz says SBF should be jailed
Bitcoin investor and Galaxy Digital head Mike Novogratz called SBF delusional about the FTX incident and insisted on the need for propagators of the FTX crash to face criminal charges. 2 min read Updated: December 1, 2022 at 3:25 pm Cover art/illustration via CryptoSlate Galaxy Digital CEO Mike Novogratz called the FTX debacle “a crisis …
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Italy to impose 26% crypto gains tax from 2023
Italy’s proposed budget for 2023 indicates investors will have to pay 26% tax for all crypto gains above €2,000. 1 min read Updated: December 1, 2022 at 5:41 pm Cover art/illustration via CryptoSlate Italy is planning to tighten regulation around cryptocurrencies by taxing capital gains beginning in 2023. According to the European country’s proposed budget …
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Solana crashes 55% in November but NFT trades still booming
Solana has been on a downtrend since the collapse of FTX, as investors have been selling their SOL holdings due to its connection with the Sam Bankman-Fried crypto empire. SOL down 55% According to CryptoSlate data, SOL was one of the worst-performing digital assets in the last 30 days. The digital asset is down over …
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Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse
In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around the world and recently moved to the island of Phuket. On Nov. 30, the 44-year-old Didi Taihuttu told CNBC that after storing crypto …
Italy Wants to Tax Crypto Gains at 26% From 2023
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy Intends to Tap Into Cryptocurrency …
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Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France
Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian billionaires who died this year under mysterious circumstances. Libertex President Perishes as His Helicopter Crashes on …
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Bitget Takes on World Cup 2022 with Messi to Inject Confidence in Social Trading
sponsored The leading exchange expands the team globally as Messi leads Argentina to the round of 16. World Cup 2022 in Qatar is one of the most expensive World Cups in history, with an estimated cost of $US 220 Billion invested, more than 15 times spent. According to Bloomberg, crypto and blockchain companies have invested …
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LUNA Classic Price Prediction As LUNC Readies For 20% Losses
Terra Luna Classic (LUNC) price has been sealed in a downward trend over the past few weeks amid a recoiling crypto market. Consequently, Luna Classic […] Go to Source
PancakeSwap Price Prediction: CAKE Coils Up Before A Run-up To $4.30
Ever since PancakeSwap (CAKE) hit an all-time high (ATH) in May 2021, the CAKE price has been in a downward trend in the long-term chart. […] Go to Source
Sam Bankman-Fried Claims FTX US Users To Be Fully Compensated – But Everyone Else Will Only Get a Fraction Back
Disgraced FTX founder Sam Bankman-Fried is opining about the amounts that creditors of the embattled crypto exchange will receive in compensation. In a new interview with YouTuber Tiffany Fong, Bankman-Fried says that creditors of the FTX platform designated for United States residents, FTX.US, will get fully compensated while the creditors of the FTX platform that …
What is tokenization and how are banks tapping into its design principles?
Tokenization is the process of converting something with tangible or intangible value into digital tokens. Tangible assets like real estate, stocks or art can be tokenized. In a similar vein, intangible assets like voting rights and loyalty points can be tokenized, too. We see Avios as an example of tokenized loyalty points by the traditional …
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Socios boss’ goal? To knock crypto out of the park
What is a sports fan’s dream come true? To be the announcer at an AC Milan home game, in front of 75,000 roaring Rossoneri fans? To play a football match on the hallowed turf of your beloved FC Barcelona? To tour the garage of an F1 team pre-race, then watch the Monza Grand Prix from …
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Party-to-earn: Blockchain breaking down the doors in electronic music community
Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significant further growth. That $6 billion dollar figure marks a 71% increase from the industry’s valuation in 2020, which was understandably much smaller …
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Russia’s Sber bank integrates Metamask into its blockchain platform
Russia’s largest bank Sber — formerly known as Sberbank — continues developing its blockchain platform by integrating it with the Ethereum blockchain. On Nov. 30, Sber officially announced new opportunities for its proprietary blockchain platform, including compatibility with smart contracts and applications on the Ethereum network. This would allow developers to move smart contracts and entire projects …
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