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
Read More
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
Read More
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
Read More
Diamond’s SPAC Concord is now valuing stablecoin issuer Circle at $9 billion, twice the initial valuation. Original Source
Read More
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
Read More
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
Read MoreTransaction costs on the Ethereum blockchain are at record highs, and no one will let you forget it. Reports often detail how decentralized finance platforms are the cause of ever-rising gas fees — tokens paid to miners who confirm and enable transactions on the Ethereum blockchain. Yes, DeFi does play
Read More