Cryptocurrency Analysis and News Portal
When Scottish writer Mark Eglinton interviewed him in a series of conversations in 2019 and 2020, the cybersecurity pioneer turned crypto promoter was in hiding, having fled the U.S on a yacht following the convening of a Grand Jury in Tennessee. McAfee fled to the Bahamas, then Cuba and then
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This is a scenario with little guidance from the IRS. Based on precedent, airdrops like this will be taxed as ordinary income (i.e., short-term capital gains rates), generally, when the assets are recorded on ledger and/or enter your wallet. So if you don’t claim, you won’t have control of the
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But if you're an original crypto enthusiast who comes from the early Wild West days when crypto was too complex for governments, central banks and corporate behemoths to understand, then you probably won't recognize what crypto becomes over the next few decades. When all your taxes are collected automatically, physical
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Diamond’s SPAC Concord is now valuing stablecoin issuer Circle at $9 billion, twice the initial valuation. Original Source
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Will emojis become the Web3 version of a username? That’s what Nashville-based tech startup Yat believes and with 160,000 sold worth a combined $20 million, it seems plenty of ordinary people agree. A Yat is a string of between one and five emojis that can be used as your digital
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The U.S. Securities and Exchange Commission (SEC) is probing crypto exchanges Voyager Digital and Gemini Trust and crypto lender Celsius Network as part of a wider investigation into crypto companies that pay interest on virtual token deposits, Bloomberg reported Wednesday, citing unnamed sources. Source
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The English singer, songwriter, and former Black Sabbath frontman, Ozzy Osbourne, has revealed he’s launching a non-fungible token (NFT) collection. Osbourne announced the launch on Twitter alongside a Rolling Stone article that showcases the drop of 9,666 NFT bats next year. Heavy Metal’s Prince of Darkness Launches Cryptobatz NFT Collection Following the
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Example: Jim has to pay a $10,000 student loan debt to a private lender. Assuming that Jim’s foray into the crypto industry has yielded $20,000 worth of ether over the years, he can simply sell $10,000 worth of digital assets and, in one swoop, erase his debt. While this approach
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Miami-Dade County in Florida has approved a resolution to create a taskforce to study the feasibility of accepting crypto as a form of payment for taxes.The Cryptocurrency Task Force will offer recommendations around other potential policies related to crypto that could prove advantageous, according to an announcement Wednesday.First and foremost,
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The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet. Salvadoran President Nayib Bukele’s Government
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