In lead-up to the next bitcoin halving event in May, some bitcoin miners are looking at leveraging what Moore and Carlson describe as “surplus energy” to make operations even more cost-effective.
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What Happens to Your Bitcoin When You Die?
If you fall into the bracket of the average Bitcoin user, you probably have no plans of exiting anytime soon. But, if you own any meaningful amount of digital assets, you should think about what happens to your bitcoin when you die. What Happens to Your Bitcoin When You Die? Alright, so it may seem a little bit morbid. But what happens to your bitcoin when you die really depends on you. You need to take action now if you want it to end up with someone you love rather than out of circulation forever. If you don’t include your bitcoin in your will, it will go with you to your grave–Gerald Cotten style. Of course, being on the blockchain, your crypto assets will live forever. It’s just that no one will ever be able to access them. Therefore, it’s essential that you list all your cryptocurrencies in your will. If you fail to mention them here, they will fall into what’s known as the “remainder of your estate”. This is basically everything else not mentioned in your will,…
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America’s $2 Trillion Crush on Jerome Powell Will Disappear Come Payback Time
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Wrapped Crypto Tokens, Explained | Cointelegraph
Because Ethereum is the biggest DeFi ecosystem, wrapped tokens are often those hosted on other blockchains but are also stablecoins that are pegged to the dollar. Many of the first wrapped assets were, in fact, fiat-backed stablecoins, such as tokens with prices pegged to the dollar — Tether, Coinbase’s USDC or TrueUSD. There are also euro, yen, yuan and countless other fiat stablecoins that are mostly based on the Ethereum blockchain. These are backed accordingly via the reserves, with coins fed in according to the demand of online crypto exchanges and larger institutional investors who want to quickly exchange fiat money into crypto and manage their money within a given platform. This makes it as easy to deposit dollars into DeFi applications and blockchain wallets as it does to have a reliable counter currency providing traders relief from crypto asset volatility. Other cryptocurrencies are beginning to launch wrapped versions of their tokens on Ethereum in larger numbers, with interoperability a vital consideration for solutions that want to be taken seriously. ,
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Ex-CFTC Chair Christopher Giancarlo on Why He Launched Digital Dollar Project
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Crypto donations must be declared by charity organizations |
The United States Internal Revenue Service now requires all non-profit organizations to accept receipts for crypto donations. IRS now requires reports on crypto donations The IRS has made changes to its FAQs related to crypto-assets and asked all charity organizations to report crypto donations on Form 990. It has also told non-profit organizations to accept receipts for digital donations. With growing crypto adoptions, regulators and other law enforcing bodies need to asset the markets and regulate use-cases for the assets. This would ensure that the crypto industry grows while keeping the safety of its users at heart. IRS has now made another move bringing tax-exempt organizations under the purview of revenue declarations. The agency now requires all tax-exempt organizations to sign 8283 when accepting donations worth 5,000 dollars or more in value. This form would recognize the receipt of the donations. The agency also requires such teams to provide receipts of donations worth 250 dollars or higher in value. IRS has an unclear stance regarding crypto taxations. The news follows its decision regarding the taxations of crypto events such as…
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Will Coronavirus Be With Us Forever? American Experts Say It’s Possible
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Major Coronavirus Breakthrough Sees 6 Infected Cleared – From an Unlikely Asian Nation
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‘Hell Is Coming’ Doomsday Billionaire Tries to Fool You Twice
Bill Ackman intensified the panic on Wall Street in March while quietly collecting on his bet that the stock market would crash. Now he’s done an about-face to juice his own investments. Ackman’s abrupt pivot has raised suspicions about his motives. Bill Ackman incited mass panic among investors last month in what detractors believe was a ploy to send stocks lower so he could profit from his bets against the market. Three weeks later, the billionaire doomsday forecaster is at again. But this time, he’s working to catalyze a stock market rally by soothing Wall Street with a fresh dose of optimism. Bill Ackman Fooled You Once It’s a remarkable shift from his infamous CNBC interview on March 18. Ackman, clearly emotional, proclaimed that “Hell is coming” for the U.S. economy. In the days that followed, the Dow Jones Industrial Average collapsed by 7% to fall to its lowest point since 2017. Ackman capitalized on the stock market’s spectacular fall from February to mid-March. | Source: Yahoo Finance Meanwhile, Ackman’s hedge fund – Pershing Square Capital Management – was quietly…
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BRICS Business Council Greenlights the Launch of a Single Cryptocurrency Payment System
In a bid to facilitate swift payments between BRICS countries, the BRICS Business Council has proposed the creation of unifying cryptocurrency in a forum in Brazil. The crypto asset will be used as a single payment system for settlements between member countries of the union, according to an RBC report on November 14, 2019. BRICS Nations to Develop Own Crypto Brazil, Russia, India, China and South Africa, the five major emerging economies that make up the BRICS association, have agreed to create a single blockchain-based virtual currency that would facilitate trade among participating nations. Per the report, Kirill Dmitriev, a member of the BRICS Business Council, revealed that the union is in support of the idea to create a single payment system that will be used by BRICS member countries. Reportedly, a cryptocurrency will be used as the currency in this payment system, and it will aid in settlements between member countries of the union in the near future. Nikita Kulikov, a member of the State Duma’s expert council, made comments saying that creating a digital asset is easy and…
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Product Data Analyst (Blockchain) – Blockchain News, Opinion and Jobs
Intelletec A fast-growing Blockchain company based in the Bay Are are looking for a Product focused Data Analyst to join a growing team Skills : You will do deep data dives and track metrics around our product in order to understand how it is being used, how recent changes have affected metrics, and where optimization opportunities are for our business and product. You will also work on data-analytic projects with marketing, life-cycle, operations, the executive team that require you to have flexible quantitative skills. You will communicate your findings in presentations, build dashboards and visualizations, and be the go-to person for questions about data. Work closely with product manager and product design team. Experience : You have an excellent product sense and 2+ years industry experience in product analytics. Given that you will work across a variety of domains in this role, the ideal person would also have some experience in business, marketing or operations analytics but that is not as important as product analytics. You should have strong SQL skills which will not only enable you to drill deeply…
