The Block: Kazakhstan floats 500% tax increase on Bitcoin miners, leading some to eye relocation
Monday, 07 February 2022 22:16
As the news gets no better for Kazakhstan's miners, some are looking to relocate to the US or Russia. The post Kazakhstan floats 500% tax increase on Bitcoin miners, leading some to eye relocation appeared first on The Block.
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The Block: Music NFT platform HitPiece receives demand letter from recording industry association
Monday, 07 February 2022 22:43
The RIAA demanded HitPiece halt infringing on IP rights and take responsibility for selling NFTs of music without artists' consent. The post Music NFT platform HitPiece receives demand letter from recording industry association appeared first on The Block.
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The Block: Aave officially debuts protocol for decentralized social media, dubbed Lens
Monday, 07 February 2022 23:14
Aave's long-in-the-making protocol for a decentralized social media ecosystem was unveiled on Monday. The post Aave officially debuts protocol for decentralized social media, dubbed Lens appeared first on The Block.
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The Block: FDIC includes evaluating crypto risks on 2022 priorities list
Tuesday, 08 February 2022 07:00
The rapid integration of digital assets with the current financial system could pose significant risks, according to the FDIC. The post FDIC includes evaluating crypto risks on 2022 priorities list appeared first on The Block.
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The Block: Crypto custodian Komainu debuts yield generating platform for clients
Tuesday, 08 February 2022 12:59
Komainu will stake digital assets held by the crypto custodian’s institutional clients to earn rewards from PoS cryptocurrency protocols. The post Crypto custodian Komainu debuts yield generating platform for clients appeared first on The Block.
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BeInCrypto: Russia Could Collect 1 Trillion Ruble in Crypto Tax, Report Says
Tuesday, 08 February 2022 13:55
A recent report by a Russian outlet says that the government could collect 1 trillion rubles worth around $13 billion in digital currency tax every year. The post Russia Could Collect 1 Trillion Ruble in Crypto Tax, Report Says appeared first on BeInCrypto.
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The Block: [SPONSORED] Boarding Now: Crypto Derivatives Take Flight
Tuesday, 08 February 2022 13:59
The demand for crypto derivatives is taking flight as yield-hungry investors hunt opportunities in the face of macroeconomic headwinds. The post Boarding Now: Crypto Derivatives Take Flight appeared first on The Block.
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The Block: Alchemy raises at $10.2 billion valuation in round led by Silver Lake
Tuesday, 08 February 2022 14:00
Infrastructure company Alchemy is now worth $10.2 billion after a fundraise co-led by private equity giant Silver Lake. The post Alchemy raises at $10.2 billion valuation in round led by Silver Lake appeared first on The Block.
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The Block: Ready Player Me to release 3D avatars based on CryptoPunks
Tuesday, 08 February 2022 14:00
Metaverse avatar platform Ready Player Me is releasing a collection of 10,000 unique 3D avatars geared toward CryptoPunks NFT owners. The post Ready Player Me to release 3D avatars based on CryptoPunks appeared first on The Block.
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Coin Bureau: US Officials Reintroduce Tax Relief Bill For Small Crypto Transactions
Monday, 07 February 2022 14:52
House representatives have reintroduced a bill that aims to give tax relief to small crypto transactions, exempting traders from paying taxes on payments less than $200. First introduced in 2020, the Virtual Currency Tax Fairness Act is an amendment to the Internal Revenue Service’s tax code, and…
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