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In October 2024, the United Arab Emirates (UAE) abolished value-added taxes (VAT) on transfers and conversions of cryptocurrencies, and taxes are abolished starting from January 1, 2018. That is, UAE companies are exempt from taxes on transactions with cryptocurrencies, and if taxes have already been paid earlier, they can expect to be reimbursed for all taxes starting in 2018. In order to count on such generosity from the Government of the United Arab Emirates, companies need to register with the Dubai Virtual Asset Regulatory Authority (VARA) and the Securities and Exchange Administration (SCA) and have a license for a virtual asset service provider (VASP).
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In early October 2024, Bitmain announced an improved version of its basic SHA-256 Asic Bitcoin mining miner called Antminer S21+ and its more advanced liquid-cooled version Antminer S21 + Hydro. Recall that Bitmain introduced the original version of Antminer S21 a little over a year ago in September 2023. Compared to last year's model, the S21+ has higher energy efficiency and hashrate, but is still lower than the Antminer S21 XP version announced a few months ago. (Bitmain Antminer S21 XP HYDRO is the new leader in energy efficiency of Bitcoin mining)
Read more: Bitmain has announced an improved BTC ASIC - Antminer S21+ and S21+ Hydro
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In early October 2024, the Argentine government issued a license to the Binance cryptocurrency exchange to work with virtual assets. Now residents of Argentina will be able to use the leading Binance crypto exchange without restrictions to trade and exchange cryptocurrencies without restrictions. Including the use of special MasterCard bank crypto cards to pay for goods in cryptocurrency. Cryptocurrencies, it is worth noting, are very popular in South American countries, especially in countries such as Argentina, where only the official inflation of the local peso currency is more than 200% per year.
Binance has also recently received permission to work in Kazakhstan, India and Indonesia.
Registering on Binance with our promo code will give you a 20% discount on the commission.
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Bitdeer, previously known as a subsidiary of Bitmain for providing ASIC hosting and cloud mining services, became an independent company after the split and by the end of 2024 came to the development of its own ASIC chip for the SHA-256 mining algorithm with the help of TSMC and the subsequent assembly of its own ASIC miners for Bitcoin.
Read more: Bitdeer to release its own ASIC for Bitcoin mining - SealMiner A2
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Goldshell has introduced the next 3rd generation of its ASIC miner for the Alephium cryptocurrency called AL BOX 3. The hashrate of the new product on the Blake3 algorithm is 1.25 TH/s with a power consumption of 600 W. The energy efficiency of AL BOX 3 remained at the same level as the previous model AL BOX 2 Plus (1 TH/s, 480 W) at 480 J/TH, but the cost of the finished product is exactly two times lower - 779 USD, instead of 1600 USDP for AL BOX 2 Plus. The new product is already on sale on the official website of the company Goldshell.com, and the first deliveries are promised to begin in mid-October 2024.
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A new Launchpool has started on the TOP-2 ByBit exchange. This time, CATS tokens will be distributed during the promotion, just for TGE and the project listing on the exchange. The starting yield is 800% per annum. To participate in the pool, you just need to put USDT or MNT into staking in the corresponding pool. Staking will last from 08.10.2024 13:00 MSK to 15.10.2024 13:00 MSK. To participate, you must have a verified account on the ByBit exchange (if you still don’t have one, register on the exchange and go through KYC, it will be useful for future listings and launchpools), then go to the promotion page and register there. For reference, the final yield of previous LaunchPools from ByBit: PIRATE - 48.76%, PARAM - 38.65%, NYAN - 17.61%, NOT - 139.33%, MERL - 80%, ENA - 633%, NIBI - 73% per annum.
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X Empire announced the listing date of their X token for the second half of October. The exact date will be announced in the coming days. In addition, an additional 3.5 billion tokens were allocated, which will be distributed in the intermediate Chill Phase, which started today and will last until TGE and the token listing. The size of the drop will be calculated very soon, this is what the project team is currently doing. As a result, 75% of all project tokens will be distributed during the Airdrop: 70% - the main drop + 5% for Chill Phase participants. We are waiting for the listing of X Empire on the ByBit exchange, we recommend creating an account there in advance if you do not have one yet. Also, do not forget to participate in the Hrum project, which was also promoted by the developers of X Empire.
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In the CATS game, due to technical reasons, the final snapshot of player accounts was postponed for 3 days from September 30 to October 3. So, players have additional time to farm CATS points and upload cats to AI. In addition, the problem with deposits on the ByBit exchange was solved, now you can find the CATS token in the deposit methods on ByBit.
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The popular Telegram project Hot wallet has updated its roadmap. According to the information from the new Roadmap, we can determine where we are now, at the moment it is point number 4. There is not much time left before the Airdrop. At stage 6, HOT staking and the possibility of its transfer will be opened, which means that it will immediately go to the exchanges. Join the Hot Wallet project and mine HOT for the future Airdrop, it is still not too late to do this.
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We publish the full list of codes for videos in Blum on September 26, 2024:
- How to Analyze Crypto?: Value
- Forks Explained: Go get
- Secure your Crypto!: Best project ever
- Navigating Crypto: Heyblum
- What are Telegram Mini Apps: Cryptoblum
- Say No to Rug Pull: Superblum
- What Are AMMs: CRYPTOSMART
- Liquidity Pools Guide - BLUMERSSS
Join us at Blum, join our team and get an additional 10% to the speed of Blum points mining.
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The developers of the mini app in Telegram Bull Run have released a message regarding the upcoming Airdrop and its distribution: "In the world of Telegram Mini Apps, things are moving fast and new things are happening all the time. Whenever a project takes a step forward, users often assume that other projects will follow the same path. Today, many users are concerned about how the Bull Run Airdrop will be distributed and whether ordinary players will receive tokens or whether all will go to influential people. Here's how we plan to handle it:"
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