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π Ethereum ETFs recorded a historic weekly inflow β from August 11 to 15, the funds attracted $2.85 billion.
For comparison, over the same period, spot Bitcoin ETFs brought in $548 million.
@DeCenterOrg
For comparison, over the same period, spot Bitcoin ETFs brought in $548 million.
@DeCenterOrg
π°π· The tax authorities of South Koreaβs Jeju Province have begun freezing and seizing cryptocurrency (on CEX exchanges) from local residents suspected of tax evasion.
@DeCenterOrg
@DeCenterOrg
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Most likely, this was caused by a platform interface lag.
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Previously, Google invested $3.7 billion in TeraWulf.
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πͺπΈ In Spain, a crypto trader has been hit with a β¬9 000 000 tax bill for a standard DeFi operation β locking assets as collateral for a loan.
In essence, it was a technical transaction with no realized profit, but three years later the tax authority (AEAT) reclassified the asset transfer as 'realization of economic gain.'
Lawyers consider the situation utterly absurd.
@DeCenterOrg
In essence, it was a technical transaction with no realized profit, but three years later the tax authority (AEAT) reclassified the asset transfer as 'realization of economic gain.'
Lawyers consider the situation utterly absurd.
@DeCenterOrg
DeCenter β Blockchain and Bitcoin
ποΈ Public companies and funds now control over 2% of the total Ethereum supply. @DeCenterOrg
If the current growth trend continues, by September the share of ETH held in ETFs could surpass that of BTC.
@DeCenterOrg
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πΊπΈ The state of Wyoming has launched Frontier Stable Token (FRNT) β the first U.S. stablecoin issued by a public entity.
The token is already available on several networks, backed by U.S. dollars and short-term Treasuries with 2% overcollateralization.
@DeCenterOrg
The token is already available on several networks, backed by U.S. dollars and short-term Treasuries with 2% overcollateralization.
@DeCenterOrg
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π¦ SoFi will become the first U.S. bank to integrate the Bitcoin Lightning Network for international transfers β enabling fast, low-cost money transfers directly from the app.
@DeCenterOrg
@DeCenterOrg
π Companies that regularly purchase cryptocurrency for their balance sheets have become key players in the market this year β according to The Block, by August they had invested over $15 billion.
@DeCenterOrg
@DeCenterOrg
Thatβs more than giants like Tether and OnlyFans.
@DeCenterOrg
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DeCenter β Blockchain and Bitcoin
ποΈ Public companies and funds now control over 2% of the total Ethereum supply. @DeCenterOrg
Currently, companies hold more than 2% of the ETH supply, up from just 0.2% two months ago.
@DeCenterOrg
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