🧊 Iceberg is a promising and safe solution for users looking for innovation in the digital economy.

The project has more than a million users, with more than 400K followers on Twitter, which is saying something.

For more details go here.

MetaMask Urges IRS to Postpone Implementation of New Tax Reporting Rules

Consensys, the developer of MetaMask, has expressed disagreement with the new tax reporting requirements. These rules mandate brokers to report all cryptocurrency transactions exceeding $10,000 to the tax authorities.

Consensys believes that the introduction of these rules will lead to additional financial and time costs for crypto investors.

Decoding cryptojacking: what is it and how can you protect yourself?

What is Cryptojacking and Why Is It a Concern for the Crypto Community?

Cryptojacking has become a significant issue within the cryptocurrency world. The practice saw an alarming increase in 2023, with incidents surpassing the previous year’s total by early April. SonicWall Capture Labs reported 1.06 billion cryptojacking cases by the end of the year, a 659% rise from 2022. This trend wasn’t confined to one area; almost every region experienced a surge in cryptojacking attacks.

Table of Contents

1. Cryptojacking: What is it?
2. Types of Cryptojacking
3. Examples of Cryptojacking
4. Detecting Cryptojacking
5. Preventing Cryptojacking
6.…

#cryptohacking #cryptojacking #hacking

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How to Earn Cryptocurrency Watching Videos

In this guide, part of the crypto.news “Earn Crypto” series, we explore various platforms and methods you can use to earn cryptocurrency by watching videos. Here, we’ll list some popular streaming platforms that pay in crypto and provide instructions on how to start earning.

Table of Contents

1. Platforms for Earning Cryptocurrency by Watching Videos
2. How to Earn Crypto by Watching Videos
3. Risks and Challenges
4. Final Thoughts

Platforms for Earning Cryptocurrency by Watching Videos

Let’s explore some popular platforms where you can earn cryptocurrency just by watching videos online.

Theta Network (THETA)

Theta Network is a…

#AIOZ #COS #DTube #LMWR #LPT #MBL #THETA #VRA #wath_to_earn

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🧨 What is an Ethereum burn address?

An Ethereum burn address is a special address on the Ethereum network designed to destroy tokens. It is also known as the Genesis address, the first address on the Ethereum network.

It looks like this: 0x00000000000000000000000000000000000000000

🔥 How does it work?

A burn address functions like a regular address, but it lacks a private key. This means that any tokens or coins sent to this address become permanently inaccessible, as without the private key no one will be able to withdraw funds.

Many projects use this address to burn their tokens. For example, this could occur as part of…

#ETH #Ethereum

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Danger with stablecoins? Little dive into MiCA Regulations

In a move likely tied to the incoming Markets in Crypto-Assets (MiCA) regulations, New York crypto exchange Uphold announced it will stop supporting several stablecoins. This news, shared by Ripple’s CBDC advisor Antony Welfare, affects popular options like Tether (USDT), Dai (DAI), and Frax (FRAX), GUSD, USDP and TUSD. These digital assets will vanish from Uphold’s platform starting July 1st, 2024.

MiCA’s arrival on June 30th marks a significant turning point for the European Economic Area’s (EEA) stablecoin market, ushering in a new era of regulation.

Binance?

Binance, another major exchange, recently implemented similar…
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#Binance #DAI #MiCA #Regulation #USDT

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Bitcoin on Thin Ice: Exchange Reserves Plummet to 3-Year Low

Shrinking Stockpile: Data shows the total amount of Bitcoin on exchanges has hit a 3-year low, dropping from around 3 million in January 2024 to just 2.8 million by June 19th. This suggests less Bitcoin readily available for purchase.

Institutional Interest: This decline coincides with the launch of Bitcoin ETFs in the US. Big players like BlackRock, with its iShares Bitcoin Trust holding nearly 274,000 Bitcoins by June 6th, are adding to the demand. Inflows into digital asset funds, particularly Bitcoin-focused ones, reached $2 billion in May 2024. Globally, Bitcoin investment vehicles hold an estimated $73…

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#Bitcoin #Bitcoin_ETF #Total_Supply

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📢 ETH: Too Inflationary? Insights from the Trump-Biden Debate

The topic of Ethereum’s inflation has become a hot issue. Since the Dencun update, Ethereum’s inflation rate has been notably “flexible.” The network’s ether supply can fluctuate between being inflationary or deflationary based on activity levels.

Currently, we’re witnessing Ethereum’s longest inflationary period since the merger in 2022. This is not great news for the market, as an additional 112,000 ETH has been added to the total supply in the last two months.

To counteract this, we need a surge in network activity, an increase in demand for ETH, and a general hype around the cryptocurrency. This… Read More

#ETH #Ethereum

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What is a Bitcoin-backed Loan and How to Obtain One?

Bitcoin-backed loans are a cutting-edge financial product that allows cryptocurrency holders to use their Bitcoin as collateral to access cash without selling their assets. This combination of traditional lending and cryptocurrency offers a unique way to gain liquidity from digital assets.

What is Cryptocurrency Lending?

Cryptocurrency lending is revolutionizing the financial landscape by providing new ways to borrow and invest with digital assets. Lenders deposit their cryptocurrencies on lending platforms, earning high interest rates that often surpass traditional savings accounts. Borrowers can secure loans without selling their crypto holdings by using them as collateral. This system, bolstered by decentralized…

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#Bitcoin #Crypto_loan

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🧂 Is a Solana ETF on the Horizon?

Solana stands out as one of the few blockchain platforms rivaling Ethereum in popularity, trading volume, application ecosystem, recognition, and user base. Given these factors, it’s only a matter of time before an ETF for Solana emerges.

Today, VanEck took a significant step by applying to create a Solana ETF. The firm regards SOL as a digital commodity similar to BTC or ETH and intends to launch a spot ETF directly, bypassing the futures ETF stage, as they did previously with BTC and ETH.

VanEck’s stance is that Solana’s high throughput, low fees, security, and strong community make…

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#SOL #Solana

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The blockchain project MegaETH has raised $20,000,000 from notable investors including Vitalik Buterin and Joseph Lubin.

The idea behind #MegaETH arose due to the limitations of most Ethereum Virtual Machine (EVM)-compatible blockchains, which can handle only 3-digit transactions per second (TPS), while MegaETH aims to achieve 100,000 TPS.

The public testnet of the platform is planned to launch in the fall, with the mainnet launch expected closer to the end of the year. This project has the potential to be a breakthrough in 2024 or 2025.

Most TON Addresses Are in Profit

According to IntoTheBlock, 90% of Toncoin holders are currently in profit.

Only 1% of addresses are showing a loss, while about 9% are at breakeven.

Ali Martinez estimates that TON has the potential to reach $9, which represents a 12% increase.

The analyst emphasizes the importance of an objective assessment of the situation and monitoring interest and network indicators in futures.

On June 28, this indicator reached $312.7 million according to CoinGlass.

The increase in interest in futures reflects trader expectations.

Toncoin rose to 8th place in the cryptocurrency ranking, with a growth of more than 8% to $7.69. Over the week, the transaction volume on TON for amounts over $100,000 amounted to $32.7 million.