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@rsp

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239 Followers
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@rsp MicroStrategy、 Salvador, Vitalik1. RippleCTO warns community to be aware of Coinbase's new phishing scam; MicroStrategy: Has obtained AWS Government and AWS Education Capability certifications; 3. BlackRock, Micro Strategy, and Fidelity have collectively purchased approximately $100 billion worth of Bitcoin; 4. Industry insiders: The sale of $6.5 billion in Bitcoin held by the US government must follow strict procedures; 5. North Dakota plans to include digital assets and precious metals in its asset allocation, but does not mention Bitcoin; 6. Santander Bank: The significant growth of El Salvador's tourism industry is closely related to the country's acceptance of Bitcoin; Next week's macro outlook: CPI and 'terror data' may overturn expectations of interest rate cuts, prompting the Federal Reserve to shift towards a cautious stance; Vitalik: Establishing a sustainable funding structure to incentivize open source, open standards, and security is truly important. @huongnkt2
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According to Hong Kong media Hong Kong 01, the Hong Kong Employment Ordinance stipulates that wages must be paid in monetary form, and cryptocurrency is not legal tender. Therefore, employers using Bitcoin to pay wages may violate the law. There is no major legal issue with technology companies using Bitcoin as a starting profit or reward, but even if employees continue to receive Bitcoin as a reward or bonus, or if Bitcoin income is mentioned in tax reporting, banks will not accept it. Borrowers can only calculate DTI based on salaries, bonuses, and commissions received in legal tender. In addition, local banks in Hong Kong currently only accept cash, stocks, foreign currency, Hong Kong properties, funds, and bonds. Some banks also accept insurance policies with no premium financing as applicant assets, but there have been no successful cases of Bitcoin because Hong Kong banks do not recognize cryptocurrencies. @ftihfhhhf
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Car trading service provider Cango entered the Bitcoin mining field in November, investing $400 million to acquire 50EH/s of computing power, immediately becoming one of the world's largest miners. The computing power of Bitcoin is currently hovering at 823EH/s. Once Cango's 50EH/s is fully launched, it will provide about 6% of the computing power behind Bitcoin. As a reference, the world's largest listed miner MARA Holdings (MARA) has a computing power slightly above 47EH/s, while the second largest CleanSpark (CLSK) and Riot Platforms (RIOT) have computing power of 32EH/s and 26EH/s, respectively. Juliet Ye, Senior Director of Communications at Cango, said, "I think this is surprising for people in the (Bitcoin mining) industry because no one has heard of Cango before, but its history is a history of adaptation. Since the company was founded in 2010, we have entered different fields at least two to three times. @ftor36
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The Italian parliament has finally approved the 2025 budget just days before the year-end deadline, which is an important victory for Prime Minister Meloni. Meloni and his Finance Minister Giorgetti jointly developed a tax reduction plan aimed at winning the support of voters while complying with the EU's fiscal rules. The government plans to reduce the national deficit to 3.3% of next year's GDP and lower it below the EU mandated 3% ceiling by 2026. At the last minute, adjustments were made to the budget, including the decision to maintain the cryptocurrency tax rate at 26% in 2025 and increase it to 33% in 2026, instead of the initially proposed 42%. The Italian Prime Minister has promised to reduce taxes for the middle and low-income groups, which will help consolidate his ruling position. However, this also means that according to EU standards, the pace of returning to fiscal stability will be slower. @fital719 @sewingbee
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According to CoinMarketCap market data, the UPCX project ecosystem Token $UPC has increased by 9.28% in 24 hours, with a market value exceeding $240 million and a temporary price of $5.02$ UPC rose from $3.85 on December 5, 2024 to $5.02 as of December 7 today. In the past two days, the total increase has reached 30.38%. According to previous news, the UPCX mainnet wallet released the latest user data on December 3, and its user base has exceeded the 50000 mark. Currently, UPC has launched Bitget, Gate, MEXC, LBank, WEEX, and TRIV platforms. UPCX is an open-source payment system with high traffic support in the payment, Layer2, and RWA sectors. It utilizes advanced technologies (DPoS+BFT and sharding) to process thousands of transactions per second. UPCX supports various assets, including NFTs and stablecoins, and provides a user-friendly super payment application. @ftor36
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