The U.S. Supreme Court's recent decision not to hear a case involving Coinbase and the IRS has significant implications for cryptocurrency users, particularly those who value data privacy. Harper, a former Coinbase customer, was the original plaintiff. First, he challenged the IRS’s authority to access the user data through a...
My late grandmother, a small-business owner, served as an idealistic counterpart. She exhausted all her savings and then some to take out a loan to grow her small food stall. At the time, the rates were predatory, and the process was paper hell. The bank regarded her not as a...
It’s for this reason Sonic is poised to be a true game-changer in the decentralized finance (DeFi) landscape. It’s engaging the excitement of developers and the curiosity of users. Powered by its native token, $SONIC, the platform aims to create a robust ecosystem where scalability, security, and user experience are...
Indeed, the altcoin market is on fire right now, with a total market cap of altcoin capital at $490 billion. Kwame Nkosi, a keen observer of the blockchain space, notes that this growth presents both opportunities and challenges for investors. This article will take a closer look at the major...
110%. Let that number sink in. One hundred and ten percent. That’s not growth; that’s a rocket ship taking off the launchpad. Southeast Asia is prepared for takeoff, ladies and gentlemen! This isn't just about lines on a chart going up; it's about a fundamental shift in power, a democratization...
July is poised to change the game for crypto in unprecedented ways. Important changes are taking effect even as the month begins. Meanwhile, the altcoin market is booming with speculative fervor. Bitcoin is approaching an important golden cross, and analysts point out a series of events that suggest a bullish...
First, the media is claiming altcoins are up as much as 110% altcoin market cap measure! It increased by more than double – from $234 billion to a whopping $490 billion, without the top 10 coins. Sounds impressive, right? As if we’re all about to start cranking out Lambos and...
The IRS is watching. Closely. And they’re not just tourists watching the whales anymore. They're coming for your crypto.Scrutiny Equals Innovation KillerWe've seen this movie before. Each time a potential new technology appears, the regulators are in the water like sharks smelling blood. This new IRS scrutiny as shown by...
That’s about to change, as the Internal Revenue Service (IRS) significantly increases the enforcement of cryptocurrency investments. This action provides a powerful signal to investors on the importance of correct tax disclosure. This year, we have data that indicates a historic spike in these warning letters. Its distribution has increased...
Introduction to the TopicCryptocurrency adoption has skyrocketed over the past few years, bringing with it a new level of scrutiny from tax authorities. The IRS has dispatched hundreds of notices to individuals involved in crypto transactions, indicating a crackdown on crypto tax compliance. It's no longer a question of if...
The crypto market's bleeding. You see red across your portfolio. Panic sets in. What if I told you this isn’t a reason to flee, but an opportunity to cash in? The recent downturn, fueled partly by looming regulatory changes, presents a golden opportunity to position yourself before the landscape shifts...
Succinct, a new zero-knowledge (ZK) proof infrastructure project, is quickly gaining traction as one of the hottest new projects in the blockchain space. The project recently surpassed $7.3 million in its presale, with over $1 million raised in the past week alone, demonstrating strong investor interest. Succinct’s primary goal is...
Guilty. The announcement shook the crypto world like a tectonic shift. While the jury couldn't agree on the more serious money laundering and sanctions violations, the conviction for operating an unlicensed money-transmitting business sends a clear and unsettling message: build privacy tools at your own peril.Privacy Is Not A Crime?Are...
The verdict is in. Roman Storm, one of the architects of Tornado Cash, has been convicted. Guilty of… what, exactly? Of writing code? Of engineering something that, like a knife, has as much potential to do evil as good? The consequences of this case are chilling — and no, I...
Billions gone. Poof. Just like that. In 2020, hackers seized 127,000 Bitcoin from an Asian mining pool known as LuBian. Now worth more than $14 billion, this huge fortune vanished due to an unexpected straightforward security vulnerability. Arkham Intelligence did some impressive sleuthing, but the core issue is terrifyingly basic:...
ZetaChain announced their connectivity with the Sui network, allowing direct native Bitcoin (BTC) utility with no wrapping or bridging. Sui holders have a new, frictionless way to swap their native SUI for native Bitcoin with one click. This integration allows them to earn yield for holding Bitcoin, all while staying...
Cryptocurrency is increasingly becoming a significant player in the travel industry, influencing how consumers book trips and how businesses handle transactions. Perhaps that’s why crypto is so alluring to so many—it promises lower cost transactions at lightning fast speeds, with instant confirmations. Plus, it provides 24/7 settlement, which actually answers...
As a way to pay your remote team, crypto just sounds futuristic, efficient, and perhaps even neato. Having seen it all with their corporate legal war chests. Take it from someone who’s lost a court case—being cool doesn’t fly in court. The truth is, crypto-payroll-accepting payroll platforms are a scary...