Urging the government to reconsider & reduce crypto tax. These new crypto tax rules are too harsh & will hurt the entire industry.
Petition Link - https://t.co/MYAYogHDbr
#reducecryptotax
"FTX founder Sam Bankman-Fried's trial continues with his testimony. Defense argues lack of evidence while government witnesses testify about Signal chat rooms. Will this case redefine crypto regulation? #FTX#cryptotrial#regulation#SamBankmanFried"
"Binance CEO Changpeng Zhao's net worth has plunged by $11.9 billion, an 82% drop from January peak, due to falling trading volumes. Binance's spot market share also declined from 55% to 34.3%. Legal challenges from SEC and CFTC add to the pressure. #Binance#cryptonewstoday
"Scammers target educated professionals too! A Mumbai doctor lost Rs 1.1 crore in an online crypto trading scam. Stay vigilant and verify before investing in cryptocurrency. #CryptoScam#OnlineFraud#StaySafe"
π₯ Exciting developments in the #crypto world! Deutsche Bank & Standard Chartered testing SWIFT-like blockchain system. Crypto hacks doubled in Q3 to $720M. Neo & Horizen launching Ethereum-compatible sidechains. Solana Labs incubator program launched. Stay ahead in #blockchain
"Creditors of CoinFLEX have filed a lawsuit against CEO Mark Lamb and Roger Ver, seeking funds and alleging breach of fiduciary duty. The case highlights the legal battle over Ver's settlement agreement and the controversial launch of OPNX exchange. #cryptocurrency#Lawsuit
"Pepecoin (PEPE) doubles to $500m market cap in a memecoin rally alongside shiba inu and dogecoin. The recent gain can be attributed to a $5.5m token burn. #PepeCoin#MemecoinRally#TokenBurn#CryptoNews"
"FTX founder Sam Bankman-Fried set to testify in criminal fraud trial alongside 3 other witnesses in late Oct-mid Nov 2023. The defense will also call 2 additional witnesses. #FTX#cryptonews#SamBankmanFried#fraudtrial"
"Just in: IoTeX integrates with Solana, providing real-time analytics on Solana-connected IoT devices. This brings verifiable off-chain data into IoTeX's transparent analytics platform. Exciting development for blockchain and IoT! #IoTeX#Solana#Blockchain#IoT"
Nocturne Labs, the privacy on-chain accounts protocol, raised $6M in a seed funding round co-led by Bain Capital Crypto and Polychain Capital. The protocol combines zero-knowledge proofs and stealth addresses to bring asset privacy on public blockchains. #PrivacyProtocol#Crypto
#Bitcoin retreats slightly as BlackRock's spot bitcoin ETF ticker, IBTC, is removed from DTCC website. FTX, the bankrupt crypto exchange, receives multiple bids for a potential restart. Spot bitcoin ETFs could attract $14.4B in first-year inflows, says Galaxy Digital. #CryptoNews
"Web3 gaming is revolutionizing the RPG experience, blending immersive gameplay with the ownership of in-game assets. Discover the appeal of Champions Arena, where players can collect unique characters and engage in strategic battles. #Web3#gaming#RPG#blockchain"
"π #NorthAmerica leads the world in #crypto usage, with the US driving the majority of activity, according to @chainalysis. Major institutional investors account for 76.9% of transactions in the region. Stablecoin usage in NA dropped to 48.8%. #Cryptocurrency#Blockchain"
Crypto exchanges see significant asset outflow as Bitcoin price surges, indicating bullish sentiment. Binance leads with $500M+ outflow, followed by #crypto.com and OKX. Outflows align with price surge, suggesting traders are confident in holding assets. #Bitcoin
"ARK, headed by Cathie Wood, sells Grayscale Bitcoin Trust shares amidst market surge and anticipation of a Bitcoin ETF. GBTC sale may be linked to ARK's pending ETF filing. Stay tuned for SEC's decision. #Bitcoin#ETF#Grayscale#ARK#CryptoNews"
"XRP surges 10% in a single day, marking its biggest gain since July 13. With a market cap of $30.94B, it continues to gain momentum. #XRP#cryptocurrency#marketupdate"
"Institutional investors are eagerly entering the #Bitcoin market, with record-breaking open interest on the Chicago Mercantile Exchange. Renewed optimism for a spot ETF approval is also driving the demand. Exciting times ahead for #crypto! π #investors#BTC"
"FTX creditor claims are gaining value in the market, with some selling for over 50 cents on the dollar. Recent clawback efforts and capital-raising have contributed to this increase. #FTX#creditorclaims#cryptocurrency#bankruptcy#investing"
π French stores, including restaurants and shopping malls, are embracing #Bitcoin as a payment option. Lyon-based Bouchon-comptoir Brunet became the city's first BTC-accepting restaurant. This growing trend highlights the increasing adoption of #crypto in France. #CryptoNews