In this very dynamic cryptocurrency world, the classic standards of KYC procedures have been applied to ensure safe and compliant trading. Cryptocurrency exchanges without KYC do not require personal identification, thus challenging the standards in an era where individual-centric trading is becoming a reality.For traders who prioritize privacy, don’t want to use a VPN, and are looking for lower fees, Rankfi offers the best MEXC alternative. Not only does this platform guarantee enhanced privacy and security, it also offers easy access and a user-friendly experience, eliminating the hassle of traditional verification processes. Visit us to learn more about your options…
Author: Crypto Flexs
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Policy • August 9, 2024 4:52 PM EDT Posted 1 minute earlier ~ in The IRS has updated its draft cryptocurrency tax return form 1099-DA for cryptocurrency brokerage accounts.“As a refresh, this is the format that ‘brokers’ will begin using to report digital asset transactions to their clients in 2025,” Ji Kim, head of global policy, digital assets and legal counsel at the Crypto Council for Innovation, wrote on social media platform X. “Upon initial review, this draft format appears to have removed wallet addresses, transaction IDs, acquisition times, etc. These are significant changes.”Form 1099-DA, which monitors digital asset income…
Felix Pinkston 09 Aug 2024 14:56 Tether and the African Blockchain Institute have partnered to provide blockchain education to several universities in Côte d’Ivoire, equipping students with practical skills. Tether Operations Limited, a leading company in the digital asset industry, has announced a strategic collaboration with the Africa Blockchain Institute to enhance blockchain education in universities in Côte d’Ivoire. According to tether.io, the initiative aims to provide students with practical skills and a comprehensive understanding of blockchain technology. Educational workshop in Ivory Coast The Africa Blockchain Institute has hosted training workshops at five universities,…
A widely known cryptocurrency analyst and trader is predicting a massive rise for one of the largest cryptocurrencies, Mimecoin. Anonymous crypto strategist Blunts told his 267,900 followers on social media platform X that meme asset DogwhipHat (WIF) could soar by more than 495% from its current value. “The next $10 is inevitable.” Analysts use Elliott Wave Theory, which explains that bullish assets tend to go through a five-wave rally after completing an ABC corrective move. With WIF dropping to $1.11 this week, Bluntz believes that WIF’s ABC correction is likely over and Mimecoin is ready for a massive upside move.…
The total supply of HMSTR is limited to a certain number to ensure scarcity and appreciation of value. When the TGE finally begins, the project developers say that 60% of the token airdrop will be dedicated to players. The anticipated HMSTR token launch of Hamster Kombat, a relatively new Telegram game, is designed to enrich the gaming experience for Web2 and Web3 players. Hamster Kombat is gaining increasing attention online, 300 million players Interaction with the game. Expectations for the Hamster Combat list The Hamster Kombat game originally planned to launch its own token, HMSTR, on the TON blockchain by…
The Bitcoin (BTC) price has been on a V-shaped recovery on a daily basis after hitting lows below $50,000 in recent months, and analysts believe that if this trend continues, BTC will hit new all-time highs. “Bitcoin has had a V-shaped recovery, and this correction and crash, which was triggered by the sell-off of crypto assets on Jump Trading, is similar to a COVID-19 –> Black Swan,” MN Capital founder Michaël van de Poppe wrote in an August 9 post on X. In his previous X post on August 5, Van de Poppe mentioned the possibility of Bitcoin crashing to…
Company • August 9, 2024 12:37 PM EDT Posted 1 minute earlier ~ in According to the report, the U.S. Securities and Exchange Commission issued subpoenas to at least three venture capital firms last year. DL News. DL News reported Friday, citing sources, that the subpoenas were asking for “a contract for a token transaction by investors.” One subpoena was titled:According to the front page reviewed by the news outlet, “in relation to certain cryptocurrency asset offering intermediaries” An SEC spokesperson said in an emailed statement to The Block that the agency does not comment on “the existence or absence…
Ethereum rebounds 9% but faces potential market volatility As ETF outflows continue, analysts remain bullish on Ethereum’s potential. Ethereum (ETH) has made a significant recovery after several days of selling pressure, rising more than 9% over the last 24 hours to trade at $2,665.61. Explanation of ETH price movement Despite this bounce, Ethereum is still stuck in the $2,600 range, according to CoinMarketCap, and technical indicators are showing mixed signals. The Relative Strength Index (RSI) remains below the neutral level of 37, suggesting continued bearish sentiment. Meanwhile, Bollinger Bands are indicating increasing volatility, which could signal a reversal from a…
Alvin Lang 09 Aug 2024 15:42 California announced an AI education initiative in partnership with NVIDIA to equip universities and community colleges with generative AI skills. The state of California has unveiled a groundbreaking AI education initiative in partnership with NVIDIA, a global leader in AI computing. According to an NVIDIA blog post, the public-private partnership aims to provide universities, community colleges, and adult education programs with the resources they need to develop generative AI skills. Collaboration with California Colleges and Universities As part of this initiative, California educators will have the opportunity to…
TL;DRKeeping your crypto transactions private is important for your safety and confidentiality.Be very careful who you share personal or financial information with.Your personally-identifying information (PII) is a target for thieves.”Know Your Customer” (KYC) information is collected by banks and many crypto-related service companies.Public blockchain ledgers can be analyzed for clues about who controls which addresses. HD wallets are recommended to generate a unique wallet address for each spend and receive transaction.Privacy-enhancing wallets, strategies, and coins exist, but require at least an intermediate level of knowledge. Bitcoin mixers offer an increasingly-popular way to gain privacy by combining together many users’ unrelated…