Finance Committee approves South Korean crypto tax deferral law – Taxes Bitcoin News

Changes aimed at delaying the introduction of virtual property taxes such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The bill seeks to delay Seoul’s plan to impose a 20 percent levy on crypto transactions. Ahead of the election, major parties support tax breaks for crypto investors in South Korea The South Korean parliament is taking steps to suspend the planned income tax on digital property investments for another year. The move was supported by the ruling Democratic Party, despite disagreements with the government itself, as well as the leading opposition People’s Power Party. The

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Who sets the rules of Bitcoin as a nation state and corps

So people go bankrupt, of course. But it is also an honest description of the rise of bitcoin from a radical experiment to a widely used technology. Recall, if you dare, that in March 2020, BTC traded for about $ 5,000 per token and was at a standstill for years. Then, the blockades due to COVID-19 caused daily trading caused by boredom and increased interest in cryptocurrencies, which eventually led to a series of transformational moments for Bitcoin. It was in 2021 that there was a big purchase of BTC by Tesla, integration into Twitter, high legislative debates in the

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Planet Fashion launches functional NFTs for fashion lovers, including a luxurious all-inclusive swim week trip to Monaco and the Monaco Grand Prix

Miami, Florida, November 26, 2021. – Planet Fashion, a leading consulting firm for fashion media and event production, has announced that it is partnering with The Lewis Trust and O Events UK to launch functional NFTs that serve as VIP passes for an all-inclusive travel package to Monaco during the Formula 1 Grand Prix and Monaco Swim Week in May 2022. The NFTs for authenticated digital works of art celebrating the F1 Grand Prix and Swimming Week in Monaco are unique and also function as VIP access cards for a comprehensive travel experience at both events. The package includes the

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Data shows that countless crypto networks are more profitable for mining than bitcoin – Bitcoin mining news

As the end of the year approaches, the values ​​of the digital currency have risen significantly in 2021 and as a result cryptocurrency miners are profiting. According to statistics, the most profitable coin for digging at the end of November is incense, because a machine of 18 terahash (TH / s) can get up to 326 dollars a day. Scrypt coins are the second most profitable these days with up to $ 110 a day, and Ethash miners can earn up to $ 105 a day. Kadena, Scrypt, Ethash and Eaglesong mining far more profitable than SHA256 mining Almost 13

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Celsius chief financial officer arrested on charges related to former job at Moshe Hogeg’s firm

Shalem’s name is included – along with 17 others, including Hogeg’s – in an appendix to a document with the header of the Israeli police’s national fraud investigation unit. The page, reviewed by CoinDesk, was sealed on November 15 by Judge Erez Melamed of the Rishon Lezion Misdemeanor Court. It is not clear from the attachment which document is attached. However, the date on the stamp is three days before Israeli police they said they arrested eight people, including Hogega, on suspicion of money laundering, fraud and sexual assault. Source link

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MonoX, profitable since the launch of Mainnet, announces its public token sale on Huobi Primelist »CoinFunda

Singapore, Singapore, November 25, 2021. MonoX Protocol, the most capital-efficient liquidity solution in the DeFi space, announced that the public sale of its $ MONO token will take place on Huobi Global’s token listing platform Primelist on Thursday, November 25th. The listing comes a month after MonoX launched its main network on Ethereum and Polygon. There will be stocks of $ 1 million in MONO tokens for purchases of $ 0.40 each. Investors can find more details on the list here. With Huobi Primelist, participants have the opportunity to buy new tokens at a low price and trade a new

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Ethereum has burned more than a million ETHs in the last 3 months – Bitcoin News Technology

111 days ago, the Ethereum network implemented a London hard fork upgrade that added a mechanism (EIP-1559) that changed the Ethereum fee rate to a new scheme that makes ether crypto assets deflationary. Since then, a million ethers, or the equivalent of about $ 3.8 billion ethereum, have been burned at today’s exchange rate. Over a million ethers or $ 3.8 billion burned to date The second largest crypto asset in terms of market capitalization, ethereum (ETH) today has an overall estimate of just over $ 500 billion. Ethereum’s market capitalization represents 18.8% of the $ 2.7 trillion crypto economy.

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Crypto options traders turn to DeFi for Altcoin bets as QCP slings $ 1 billion

Decentralized finance (DeFi) is fast becoming the preferred route for hedging smaller cryptocurrencies outside of bitcoin (BTC) and ether (ETH), as leading centralized stock exchanges such as the Chicago Mercantile Exchange and Deribit remain fixed at two market leaders. Singapore-based QCP Capital, an early investor in the dominant centralized cryptocurrency exchange Deribit and one of the largest leaders on the platform, now trades more than $ 1 billion in cryptocurrencies on DeFi platforms per month, according to Investment Officer chief Darius Sit. QCP, which keeps a book worth more than $ 2 billion on stock exchanges, over-the-counter platforms and DeFi,

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9 Best Cryptocurrency Trading Bots [Free, Paid, Open-Source] For 2021 » CoinFunda

Cryptocurrency trading bot (software) automates the process of trading on exchanges. We listed 9 best crypto trading bots for automated trading including Free, Open-source, API, subscription-based crypto trading bots.     Cryptocurrency trading is an emerging business and with more and more crypto traders flocking the market, the growth of digital currency exchange has risen to a whole new level. However, many new investors especially the novice find it extremely difficult to evaluate the cryptocurrency market conditions and to cope up with the volatile nature of the market. The cryptocurrency trading bots are relatively a new concept and have made

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Funganomics completes first round of investment to accelerate development of NFT and gaming ecosystem – press release Bitcoin news

Media Release PRESS RELEASE. The Ethereum-based solution will be a state-of-the-art, customized online community, bringing together NFT investors, partners, earning players and developers. While new NFT and PTE gaming sites are set up seemingly on a daily basis, few, if any, have connected in a seamless, intuitive way a truly robust and inclusive community that delights and rewards all key stakeholders. Funganomics, however, is building for “what’s next” in this new and exciting space, addressing the gaps in functionality and user experience that currently pose a challenge to other platforms and their digital communities. In particular, the new ecosystem will

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