On-chain analysis should be unlawful in the European Union, and this is why

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/1cm7pmq/onchain_analysis_should_be_unlawful_in_the/ Under the GDPR (General Data Protection Regulation) indiscriminate web scraping, which involves techniques used to extract data from publicly available information on websites (such as texts, photos, videos, etc) is unlawful. There have been many investigations where authorities fined and stopped those who were scraping in an indiscriminate way. Facebook was actually fined for […]

Crypto Wars chronology (1991 – 2024)

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/1clfqrs/crypto_wars_chronology_1991_2024/ This is the history, so far, of the western government's war against encryption and privacy enhancing technologies, which has recently hit Bitcoin as well. 1991 – The US Senate includes in an omnibus decree (Bill 266) the obligation to insert backdoors in cryptographic algorithms to allow access to data by authorities. 1991 – Zimmerman […]

Trust Issues – Take Profits or Not? Thoughts on Bitcoin ETFs and this Bull Run

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/1cjyh5w/trust_issues_take_profits_or_not_thoughts_on/ Hello everyone, First of all: I know we can't see the future, I just want to get your opinion on the ETFs and the current sentiment. The longer this bull run lasts, the more I think about selling at least 50%. In mid 2023 I bought BTC and ETH and it has become quite […]

UK income tax for airdrops

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/1cj6z5y/uk_income_tax_for_airdrops/ Filling out my self assessment for the year and the HMRC guidance seems to suggest that you have to include airdrops as part of your income. Fair enough I thought. Reading further into it though, it claims that income tax on your airdrops are based on 'fair market value of the tokens on the […]