BlackRock surpasses $10.6T record AUM boosted by ETF inflows

Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet. 202 Total views 38 Total shares Trading volume on three major Indian crypto exchanges plummeted 72.5% on average since July 1, when a 1%…

Cryptocurrency miners in Iran will be eligible for a tax exemption if they agree to repatriate their overseas earnings, according to Iran's National Tax Administration (INTA).Per a report by local English-lanuage news daily Financial Tribune, INTA introduced a repatriation tax exemption similar to the one it offers non-oil exporters.INTA considers cryptocurrency mining a taxable business,…

Mastercard is set to incorporate carbon footprint tracking into its blockchain-based solution, to help consumers offset carbon emissions through their purchases. 1945 Total views 19 Total shares Leading payment technology provider Mastercard will help consumers directly offset carbon emissions and choose better products for the environment via its blockchain-based Provenance Solution.The system provides such granular…

Most people might not remember that websites once had icons that said, “This site has been optimized for Internet Explorer,” but, two decades ago, it wasn’t uncommon.Just like today’s battle between Web 2.0 monopolies and Web 3.0 communities, at the beginning of the early consumer internet, there was a similar battle waged over who would…

As fundraising unfolds, OpenAI’s valuation is expected to reach $150 billion. Several tech giants, including Apple and Nvidia, are reportedly backing the round. 

Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share. One project that has outperformed the field as of late is PancakeSwap (CAKE), the Binance Smart Chain-based automated market maker (AMM) that…

The agency says the exchange gave false information in person and in documents in its 2017 bid to be among the first to offer Bitcoin futures contracts. 38 Total views 20 Total shares The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New…

Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21.According to the paper, when in the future Bitcoin’s block rewards fall to zero — given that only a limited number of new Bitcoin will ever be created —…