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The IRS Hopes To Recover Billions In Taxes From Evading NFT Traders

According to a recent report by Bloomberg, the Internal Revenue Service now hopes to net Billions of Dollars in taxes from evading NFT traders. Shilled as the hottest sector now in the crypto ecosystem, the Non-Fungible Tokens (NFTs) market share has been spiraling at an unprecedented rate raking in Billions of dollars, most of which […] дальше »

2022-1-17 20:43


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Going Beyond an IDO: What it Takes to Launch and Sustain a Successful IDO

Since the 2017 initial coin offering (ICO) boom, the cryptocurrency industry has matured greatly, as the industry welcomes new creative ways to fundraise for projects. Despite billions of dollars being raised through ICOs, the fundraising approach was criticized heavily, generating a lot of ill will due to the inordinate number of scams and failed projects.Read More дальше »

2022-1-6 08:00


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Why Elon Musk Says Crypto Skeptic Senator Elizabeth Warren Must Leave Office

One of the Senate’s most prominent crypto skeptics and Tesla/SpaceX CEO Elon Musk are in the middle of a full-scale Twitter spat. Massachusetts Senator Elizabeth Warren called Musk a freeloader for not paying income taxes as she stresses enacting a wealth tax legislation that would require Musk to pay billions in taxes. The world’s richest […] дальше »

2021-12-18 19:19


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CryptAxx Set to Launch 10,000 NFT Guitars on Ethereum

CryptAxx is set to become the world’s first project offering 10,000 generative NFT guitars on the popular Ethereum blockchain. With four collectible levels of rarity, over 500 hand-drawn traits, and billions of possible combinations, the provably unique axxes (guitars) are a rare sight to see in the sea of pixelated PFPs (profile pics). Focusing on […] дальше »

2021-12-1 23:49


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The IRS Is Looking To Seize Billions Of Dollars Worth Of Cryptocurrency In 2022

Cryptocurrencies were this year a major method of avoiding taxation in the United States according to an annual report published by the Internal Revenue Service. The IRS said it has confiscated $3.5 billion worth of cryptocurrencies linked to tax fraud, and the amount makes up 93% of all assets confiscated this year so far. “I […] дальше »

2021-11-21 19:43