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The pursuit of a new bitcoin. Risky ways to make money on cryptocurrency

In the current year, the digital currencies industry has discovered several ways to make quick, yet risky, profits. One of the most popular has become “profitable farming” in the DeFi field. It happens this way: the entrepreneur transfers tokens to the site and opens a…

In September, 93% of cryptocurrencies fell in value. When to buy tokens?

Since September, we can observe a decline in quotations of many cryptocurrencies. In 4 weeks, the cost of Bitcoin fell by 12%, and Ethereum by 27%. DeFi coins suffered the most, demonstrating significant growth over the last month, and then prices fell by almost 2…

The tax authorities requested data from the clients of the exchanges. When will it be possible in the Russian Federation

The New Zealand Tax Authority demanded that cryptocurrency exchanges provide information about users, data on the amount of their assets and total value. The department claims that such measures will help improve the system of control over the sphere of digital currencies for tax purposes….

A bright future or a loud fall: what awaits bitcoin in 100 years

The number of mined tokens of the first cryptocurrency already exceeds 18 million. As a reward, miners have to receive another 2.5 million coins, and then the entire emission of bitcoin will go into circulation. It is estimated that just over half of the remainder…

Blocking the popular exchange Binance: details, nuances and reasons for illegality

The lawsuit was filed by the prosecutor’s office back in June 2020, but representatives of the exchange were not notified of this. The experts said, in connection with which the proceedings may be canceled. The decision to ban access to the site of one of…

Digital Currency Control Bill: Possible Implications

The Treasury Department is ready to introduce new bills to control digital currencies. They were developed for the purpose of declaring cryptocurrency transactions and creating electronic wallets. Many experts fear that these changes could be extremely dangerous. The Ministry of Finance claims that digital currencies…

What will happen to Tether and why users worry about the value of the coin

Stablecoin Tether has been in the spotlight lately. The creators of the coin withdrew record amounts from the TRON blockchain yesterday. In addition, the community blames the stable cryptocurrency for increasing fees on the Ethereum network. But that’s not all: there is still a litigation…

YFI – the token that changed the world of cryptocurrencies

Coinbase Pro cryptocurrency exchange announced the acceptance of incoming transfers in yEarn Finance tokens. The market reacted instantly. YFI price rose to $ 35,000. On September 15, the platform started trading in the YFI / USD pair and many traders who managed to buy a…

How protests in the Republic of Belarus popularize digital currencies

The national currency of Belarus is falling due to the ongoing protests against the backdrop of a crisis in politics. Often, in such a case, citizens may have an interest in the cryptoindustry. People invest in it in order not to lose their savings. At…

Bitcoin in time of default: can it become a reliable defensive asset during the crisis period?

In the Russian Federation, the onset of a default of the 1998 model is almost impossible. This is exactly what specialists from the Higher School of Economics think. According to the results of the analysis, the state of Russia is currently stable, the state can…

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