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IRS sheds light on reporting requirements for fiat-purchased crypto

The United States Internal Revenue Authority (IRS) has updated the FAQ section on cryptocurrencies. A report unveiled this news on March 3, noting that the update exempts individuals that purchased crypto using fiat currencies and had no other crypto transactions in 2020 from reporting such transactions under the virtual currency question. дальше »

2021-3-4 17:20


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Chainlink achieves major scalability upgrade with launch of Off-Chain Reporting (OCR)

CryptoNinjas » Chainlink achieves major scalability upgrade with launch of Off-Chain Reporting (OCR) The team of Chainlink, a leading blockchain oracle platform, today announced that after over a year of development and numerous security audits, Chainlink Off-Chain Reporting (OCR) has officially launched on mainnet. дальше »

2021-2-25 22:40


UK-Based EXMO Exchange is ‘Updating its Anti-Hack Software’ After Suffering a DDoS Attack

EXMO, a leading crypto exchange in Europe, suffered its second attack in less than two months reporting a distributed denial-of-service (DDOS) attack on Monday. The exchange has since started to improve its anti-DDOS attack software, warning users the exchange’s services “may be unavailable” during the update, a tweet sent out today reads. дальше »

2021-2-17 22:56


Binance temporarily suspends deposits, withdrawals; cites 'system maintenance'

Binance, arguably the world's biggest crypto-exchange, is down again, with many in the community reporting that they are unable to access the exchange's platforms and trading services. The same was coThe post Binance temporarily suspends deposits, withdrawals; cites 'system maintenance' appeared first on AMBCrypto. дальше »

2021-2-11 07:12


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CoinCenter Pushes to Extend Public Comment Period and Slow Down New FinCEN Rule Finalization

The Executive Director of CoinCenter, Jerry Brito, has revealed that he is working with people in Congress to get some letters sent to the United States Secretary of Treasury, Steven Mnuchin, requesting the extension of what he says is a “rushed” comment period as per an update on Dec 28. The New Currency Reporting RuleRead More дальше »

2020-12-31 22:01


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Tax expert claims reporting is key in the process of filing crypto taxes

Wendy Walker, a solution principal at Sovos, a tax compliance firm, has come out to describe reporting as the most important part of filing crypto taxes. She disclosed this information during an interview on October 30, noting that crypto adopters should always report details of their transactions even if they don’t owe income taxes. дальше »

2020-10-30 15:17