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IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate. дальше »

2024-4-20 03:57


UFC Fighter Controversially Advertises Tesla’s Autopilot While Playing Smash Bros

Prominent UFC fighter, Kevin Lee has (round) kicked up some controversy after sharing a video of himself playing the Nintendo switch, while letting his Tesla drive itself. The video in question, posted to Lee’s Instagram, depicted him driving on a highway on his way to Montreal… well not driving per se, because Lee was actually […] The post UFC Fighter Controversially Advertises Tesla’s Autopilot While Playing Smash Bros appeared first on CCN.com дальше »

2019-9-18 14:42


Craig Wright-Related Bitcoin SV Group Controversially Rebrands as ‘Bitcoin Association’

nChain CEO Jimmy Nguyen’s bComm Association, an organization which actively promotes Bitcoin SV for merchants, has rebranded itself to the “Bitcoin Association. ” While the organization has no members from the wider Bitcoin community but instead lists people like Craig Wright, Calvin Ayre, and David Li, the step signals the belief that “Bitcoin SV is the true Bitcoin. дальше »

2019-2-23 10:51


Why Major Crypto Exchange OKEx Controversially Used User Funds to Liquidate Bitcoin Contract

OKEx, the second biggest crypto exchange by daily trading volume, officially announced the decision to engage in a forced liquidation to settle a massive long contract. On July 31, 2018, a user with the ID 2051247, the largest individual holder of Bitcoin and Ethereum on the platform, entered a long position worth $460 million. дальше »

2018-8-4 00:00


Litecoin Creator Charlie Lee Advises Followers to Buy Bitcoin Before any Other Coins, “LTC Included”

Litecoin (LTC) creator Charlie Lee took to Twitter today to advise his followers to purchase Bitcoin before any other cryptocurrencies, even the one he created himself. Most controversially, Lee seemed to refer to all other cryptocurrencies besides Bitcoin, including Litecoin, as “shitcoins”. дальше »

2018-7-18 00:38