Taxpayers already have many crypto-tax vendors to choose from when compiling information for their tax returns, such as Token Tax, Koinly and Zen Ledger. Due to the transparency and traceability of public blockchain transactions, users […]
The IRS Should Offer a Free Tax Reporting Tool to DeFi Users Source link
Further, serious consideration should be given to excluding digital assets outside of the investment context. . For example, as the IRS itself recognizes, many non-fungible tokens (NFTs) simply offer “ownership or license interests in artwork […]
Vertex Protocol has generated considerable excitement in DeFi by bringing to market the first vertically integrated decentralized exchange (DEX) to compete with incumbent centralized exchanges (CEXs). While DEXs tend to be singular in the use […]
The end of the trial provides some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. But how the IRS might act in the context of illegal activity is unclear. […]
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million. Source link
The entire crypto industry is waiting for the approval of Spot Bitcoin ETFs in the US to upend the market and herald the next extended bullish run for BTX. However, Chief Economist Peter Schiff is […]
XRP whales recently moved nearly 900 million tokens in significant weekend transactions. Ripple Labs has also strategically transferred 100 million XRP. The Shiba Memu presale countdown intensifies with only 46 days left. In a weekend […]
Grayscale’s Solana Trust (GSOL) is trading at $202 a share following a 653% rise since the start of September. The Trust’s underlying asset, SOL, has trebled to $58 in the same period. Source link
“The 3AC Debtor shall receive an allowed general unsecured claim against Genesis in the amount of $33,000,000 in full and complete satisfaction of the more than $1 billion dollars in claims asserted against each of […]
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