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Jeet Adhvaryu 6102 posts 0 comments

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Crypto News

The IRS may not tax staking prizes until they are sold, according to a recent court decision

Jeet Adhvaryu Feb 3, 2022 0
The Nashville couple's argument against the IRS contrasted unclaimed and unsold crypto awards to an unsold book by a writer, and they would be compensated with a return of tax paid plus…
Crypto News

John Legend, a Grammy Award winner, has launched a new music and art portal called NFT

Jeet Adhvaryu Feb 3, 2022 0
According to the CEO of the new NFT platform, users will not be required to have a crypto wallet and the site would promote accessibility for a broad audience. John Legend, an American…
Altcoin News

Wormhole token bridge suffers a $321 million loss in the year 2022’s greatest attack

Jeet Adhvaryu Feb 3, 2022 0
The token bridge between Ethereum and Solana was breached, resulting in the theft of 120K wETH tokens from the platform and distribution to the hacker's Solana and Ethereum wallets. A…
Bitcoin News

The Russian area is struggling to meet the energy needs associated with Bitcoin mining

Jeet Adhvaryu Feb 2, 2022 0
In Irkutsk Oblast, a local energy distributor is attempting to reclaim almost $800,000 from illegal bitcoin miners. As cryptocurrency mining becomes more prevalent in Russia, one local…
Crypto News

Cryptocurrency taxes do not authorise trade, according to the head of India’s tax agency

Jeet Adhvaryu Feb 2, 2022 0
The head of India's tax department said that crypto taxes would assist the administration in determining the precise size of the digital asset market. The chairman of India's Central…
Blockchain News

Solana Is Considering Including a Fee Market Similar to Ethereum

Jeet Adhvaryu Feb 2, 2022 0
Anatoly Yakovenko, CEO of Solana Labs, has proposed establishing a fee market on Solana. The measure is intended to deter spam transactions while also assisting users with expedited…
Exchange News

FTX buys Liquid, a crypto exchange approved by the Financial Services Agency of Japan

Jeet Adhvaryu Feb 2, 2022 0
To comply with Japanese regulations, FTX's Japanese users will be transferred to Quoine's trading platform. Sam Bankman-Fried, an American millionaire and CEO of cryptocurrency exchange…
Blockchain News

Solana Debuts Payments Protocol With Circle’s Assistance

Jeet Adhvaryu Feb 2, 2022 0
Solana now has a decentralised payment scheme of its own. Solana Pay will enable users and businesses to make payments and sales using digital assets such as Circle's USDC stable coin. …
Crypto News

 Indian Budget 2022: crypto tax clarifies markets, but not everyone is pleased

Jeet Adhvaryu Feb 1, 2022 0
According to some analysts, the 30% tax rate would simply serve to raise the financial burden on cryptocurrency investors, who will be required to pay a third of their earnings in taxes. …
Crypto News

Thailand repeals a 15% tax on cryptocurrency capital gains in response to popular outrage

Jeet Adhvaryu Feb 1, 2022 0
After seeing significant market expansion, the Thai Revenue Department aimed to strengthen regulation of bitcoin trading. Thailand has agreed to temporarily defer the application of its…
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