Category: Cryptocurrency
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The Pulse with Francine Lacqua: A Window into the Global Business Landscape
Conversations with High-Profile Guests on the Intersection of Business, Economics, Finance, and Politics In the fast-paced world of global business, economics, finance, and politics, staying informed is crucial. The Pulse with Francine Lacqua, a renowned show based in London, offers viewers a unique opportunity to delve into the heart of these interconnected realms. Through exclusive…
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U.S. Imposes Sanctions on Virtual Currency Mixer Linked to North Korean Hackers
Sinbad, a virtual currency mixer, has been hit with sanctions by the U.S. Treasury Department for processing millions of dollars worth of cryptocurrency from major heists carried out by North Korea-linked hackers. The United States has imposed sanctions on a virtual currency mixer, Sinbad, for its involvement in processing millions of dollars worth of cryptocurrency…
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U.S. Treasury Department Imposes Sanctions on Sinbad, a Virtual Currency Mixer Linked to North Korean Hackers
Sinbad, a virtual currency mixer, has been sanctioned by the U.S. Treasury Department for its involvement in laundering ill-gotten proceeds for the North Korea-linked Lazarus Group. The U.S. Treasury Department has taken action against Sinbad, a virtual currency mixer that has been used by the Lazarus Group, a North Korea-linked hacking group, to launder stolen…
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Binance’s $4.3 Billion Settlement: A Positive Move for the Cryptocurrency Industry
Galaxy Digital CEO Mike Novogratz believes Binance’s settlement with the DOJ will alleviate concerns and boost investor confidence. Binance, one of the world’s largest cryptocurrency exchanges, recently reached a $4.3 billion settlement with the United States Department of Justice (DOJ). This landmark agreement has sparked discussions about the implications for Binance and the wider cryptocurrency…
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Binance Coin and XRP: A Divergence in the Cryptocurrency Market
XRP Inches Closer to Flipping BNB in Market Cap Battle The cryptocurrency market is witnessing an intriguing battle between Binance Coin (BNB) and XRP. As their market caps narrow, XRP is positioned to potentially surpass BNB with just a modest price rally. This shift in dynamics comes after BNB’s market cap was more than double…
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Maximizing Tax Savings: The Strategy of Crypto Tax-Gain Harvesting
As the crypto market rallies, investors explore tax gain harvesting to optimize savings As the cryptocurrency market experiences a significant rally in 2023, investors are looking for ways to maximize their gains while minimizing their tax liabilities. One lesser-known strategy that experts are recommending is tax gain harvesting, particularly for investors in the 0% long-term…
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Maximizing Tax Savings: The Rise of Crypto Tax-Gain Harvesting
Experts reveal a lesser-known savings opportunity for cryptocurrency investors As the year draws to a close, investors are considering their year-end tax moves, and experts are highlighting a lesser-known savings opportunity for certain cryptocurrency investors. After the crypto industry suffered significant losses in 2022, many investors turned to tax loss harvesting to offset their profits.…