2023-8-30 03:00 |
The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents. origin »
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Millions of new crypto investors could be experiencing their very first bull run soon, and those who’ve been through it have shared how they plan to tackle it.
2023-8-29 02:26 | |
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The Ethereum-based decentralized platform, Tornado Cash, has been at the center of controversy since US authorities targeted it. The case continues to evolve without positive developments for the platform or its co-founders.
2023-8-25 23:00 | |
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An attacker who gained control over Tornado Cash put forward a proposal on May 21 that could reverse his original exploit. Exploiter could undo his attack Tornadosaurus-Hex, a community member, wrote: “The [Tornado Cash] attacker posted a new proposal to restore the state of Governance.
2023-5-22 04:00 | |
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Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses.
2023-5-9 16:58 | |
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The advocacy group was joined by the DeFi Education Fund in arguing that the crypto mixer has important social functions and that the sanctions from the Office of Foreign Assets Control could set a dangerous precedent.
2023-4-13 23:40 | |
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The biggest news in the cryptoverse for December 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison takes plea deal to avoid jail, Tornado Cash could be back and more in this CryptoSlate Wrapped Daily.
2022-12-23 01:30 | |
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A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy.
2022-9-24 23:15 | |
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Following the tornado cash sanction, Coinbase proposed that MakerDAO will be the first client of its USDC institutional rewards program. Making MakerDAO a top customer may be advantageous to CoinbThe post MakerDAO: Could Coinbase’s announcement turn things around for MKR appeared first on AMBCrypto.
2022-9-14 15:30 | |
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Flashbots' accelerated code release comes amid U.S. regulatory crackdown on crypto mixer Tornado Cash for sanctions violations.
2022-8-24 22:52 | |
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The Minnesota Republican highlighted the practical issues that could allegedly arise from the placement of smart contract addresses on the SDN list in a series of pointed questions.
2022-8-24 22:17 | |
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After the detention of Alexey Pertsev, campaigners worry holding developers accountable for malicious use of code could have a dangerous, chilling effect.
2022-8-22 17:57 | |
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Crypto privacy advocates were appalled when U.S. authorities sanctioned and shut down Tornado Cash. Could Bitcoin survive a similar attack?
2022-8-20 18:52 | |
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Crypto privacy advocates were appalled when U.S. authorities sanctioned and shut down Tornado Cash. Could Bitcoin survive a similar attack?
2022-8-19 18:52 | |
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Zac Williamson discussed what the future for Web3 privacy could look like in the wake of widely criticized U.S. government crypto sanctions. The post Regulating Web3: Aztec CEO Maps Out Future of Privacy After Tornado Cash Sanctions appeared first on BeInCrypto.
2022-8-18 07:13 | |
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Netherlands’ Fiscal Information and Investigation Service (FIOD), which arrested a Tornado Cash developer on August 12, said that developers could be held responsible if they created a code for the “sole purpose” of committing a crime or facilitating criminals.
2022-8-17 18:34 | |
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Jesse Powell, the CEO of US-based cryptocurrency exchange Kraken, says the government agency’s move to shut down the crypto mixing service Tornado Cash could be deemed “unconstitutional.
2022-8-18 13:38 | |
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The ban of Tornado Cash in the U.S. could have ripple effects across Web3 protocols, particularly ones that offer privacy on the blockchain.
2022-8-17 07:36 | |
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Rune Christensen, founder of MakerDAO, joined CoinDesk TV’s “First Mover” to discuss the risks for DeFi, its DAI stablecoin and what implications sanctioning coin mixer Tornado Cash could mean for the industry.
2022-8-12 00:35 | |
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The Internal Revenue Service has simplified the reporting requirements in the latest iteration of Form 1099-DA, which crypto brokers and taxpayers will use to report digital asset transactions. According to the Aug.
South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…
South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying…
A Florida lawmaker has introduced a bill that would greenlight Bitcoin as a payment method for U.S. taxes.
Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral.
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.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.