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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


OKX launches public mainnet for its ZK-powered L2 network “X Layer”

X Layer is a zero knowledge (ZK), EVM-compatible Layer-2 network. The Polygon CDK powered L2 is live and  integrates with over 200 dApps across DeFi, wallets, NFTs and gaming among others. OKX, one of the world’s largest crypto exchange companies, has launched the public mainnet of its EVM-compatible Layer 2 network “X Layer” is now […] The post OKX launches public mainnet for its ZK-powered L2 network “X Layer” appeared first on CoinJournal. дальше »

2024-4-17 21:52


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SushiSwap: Sushi DAO Treasury proposal passes amid wallets creation controversy

A contentious proposal by the SushiSwap (SUSHI) team to restructure its treasury appears set to advance, despite facing vocal opposition and accusations of voting manipulation. The proposal, put forth by the SushiSwap team on March 26, aims to transition the protocol to a “Labs model” to enhance operational efficiency and accelerate protocol development. It proposes […] дальше »

2024-4-11 19:11


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Bermuda’s Realm insurance expands coverage to cryptocurrency sector

Bermuda Monetary Authority’s insurance carrier, Realm Insurance, has just revealed a new set of insurance products tailored to addressing the risks associated with the cryptocurrency sector. This step signifies a broader coverage of insurance for digital assets, covering several risks such as cyber threats to the particular vulnerabilities related to holding cryptocurrencies in hot wallets. […] дальше »

2024-4-3 20:03


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Memecoin donations pour in for BlackRock $100 million token fund partnered with Coinbase

Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). According to BlackRock: “BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each month. дальше »

2024-3-21 12:24