Crypto

On August 15, the International Monetary Fund (IMF) released a report titled “Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help.” The report calls for a significant increase in electricity taxes for crypto miners and AI data centers. The IMF argues that the proposed tax would incentivize more sustainable practices and align these industries with global carbon reduction goals. Rising Carbon Costs: IMF Targets Crypto and AI with New Levy Recommendations In its report, the IMF…

The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in three years – has “calmed market concerns and reinforced expectations of impending Fed rate cuts at the September 17-18 Federal Open Market Committee (FOMC). Per…

The post Top Crypto to Buy Today in Market Crash appeared first on Coinpedia Fintech News Top Crypto to Buy: The overall cryptocurrency market is experiencing significant selling pressure as the US government and Mt Gox moved notable Bitcoin (BTC) in recent days. Amid this market downturn top cryptocurrencies that have the potential to skyrocket in the coming days are trading at very discounted prices. These top crypto include Ripple’s native token XRP, Solana (SOL), Dogecoin (DOGE), and Dogwifhat (WIF). …

The post Dubai Legalizes Cryptocurrency Salaries: A Game-Changer for Crypto Ecosystem appeared first on Coinpedia Fintech News The UAE judiciary is embracing the future, especially when it comes to cryptocurrencies. In a groundbreaking decision, the Dubai Court of First Instance has ruled that cryptocurrency can be a valid form of salary payment under employment contracts. This is a big deal and marks a significant shift in the United Arab Emirates’ (UAE) legal approach to digital currencies. The Case History In…

The post Trump vs. Harris: Who Will Dominate the Crypto Scene in US Election 2024? appeared first on Coinpedia Fintech News Do you know though the upcoming US presidential election is anticipated to be a battle between Democrats and Republicans, the actual fight is going to be between pro-crypto groups and anti-crypto groups? Along with the declaration of the election result, something else, more sensitive, will also be pronounced, ‘the destiny of the US cryptocurrency industry.’ The present US regime,…

The post Crypto Hack Alert: North Korean Devs Behind $1.3M Crypto Theft from Over 25 Projects appeared first on Coinpedia Fintech News ZachXBT, an on-chain blockchain investigator, has uncovered a complex crypto scam that resulted in the theft of $1.3 million from a project’s treasury. The breach was traced back to malicious code inserted by developers who were later identified as North Koreans, working for the regime while using fake identities. This discovery has sparked concern in the crypto community,…

The post Crypto News Today: Is Toncoin Headed for a Crash Despite Binance Buzz? appeared first on Coinpedia Fintech News Earlier this week, Binance, the largest cryptocurrency exchange by trading volume and global users, added Toncoin (TON) to its Launchpool and Super Earn programs. This allows Binance users to farm 7.6 million TON tokens by staking BNB, FDUSD, and TON. Interestingly binance binance binance@miceneurol.com Centralised Exchange announced earlier on Friday that it would be launching an additional quota with a…

Antix, a provider of AI-driven solutions, has announced a strategic expansion into Web3 with the goal of creating a more immersive and interactive experience for users. The company's solutions have had a positive effect on traditional industries, and they are now applying their knowledge and human-focused approach to the crypto space through AVAGEN, their technology for hyper-realistic avatars.  Upon requesting commentary from the Antix team, Crypto Daily reached out to Roman Cyganov, the founder and CEO of Antix, who shared…

The upcoming US presidential election has spotlighted cryptocurrencies like never before. Trump's embrace of cryptocurrencies at the Bitcoin conference in Nashville has convinced crypto investors that a Trump win is good for the crypto market. Suddenly, the US elections are a focal point for the market’s next direction.  And, as the political landscape shifts and Trump leads the polls, investors are keenly watching the markets, looking for the best coins to buy ahead of the US elections.  In this guide,…