income – DIGIT INFO

Riot revenue rises 65% from 2023 but says hashrate plans hampered

DIGIT — Thu, 31 Oct 2024 03:03:02 +0000

Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility.

SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

DIGIT — Wed, 18 Sep 2024 02:10:08 +0000

The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted. SEC Charges […]

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Bitcoin miners record lowest daily revenue of 2024

DIGIT — Mon, 12 Aug 2024 09:50:00 +0000

Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.

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Thailand touts new ‘digital nomad’ visa extendable for nearly a year

DIGIT — Wed, 29 May 2024 07:51:32 +0000

The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear.

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AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study

DIGIT — Tue, 22 Aug 2023 03:32:26 +0000

A study from the United Nations agency International Labour Organization suggests AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others.

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Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

DIGIT — Fri, 12 May 2023 10:30:21 +0000

Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause. ECB Registers Heightened Consumer Expectations About Inflation […]

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Elon Musk introduces Twitter monetization avenues for content creators

DIGIT — Sat, 29 Apr 2023 04:05:04 +0000

The latest user-centric revamp is targeted at improving follower engagement and creating new revenue streams on the social media platform.

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Bitcoin mining revenue jumps up 50% to $23M in one month

DIGIT — Mon, 30 Jan 2023 09:25:51 +0000

As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of US dollars.

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Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

DIGIT — Sun, 08 Jan 2023 09:30:52 +0000

Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets exceeding $50 million in value. Law Enforcement and Tax Authorities in Romania Go After […]

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Metaverse is a new frontier for earning passive income

DIGIT — Mon, 28 Nov 2022 14:34:56 +0000

Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear.

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