Bitcoin Magazine: Bitcoin And Taxes

Monday, 01 March 2021 23:23
Tax season can be confusing enough with complicated rules about what types of income are taxable and which are not; what can be written off and what can’t; and which assets need to be listed and which do not. Add to that the confusion around digital currency…
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Indian cryptocurrency investors are facing severe uncertainty regarding the cryptocurrency future of the country. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, leaves investors with the question of to liquidate or not. Bitcoin’s recent value rise crossing the $50000 mark has made heads turn, hinting…
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MicroStrategy, the world's largest publicly traded business intelligence company, is in the news again with their latest investment into bitcoin, a whopping $1.05 billion in a debt-for-bitcoin offering.  “MicroStrategy estimates that the net proceeds from the sale of the notes will be approximately $1.03 billion, after deducting…
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Ethereum (ETH/USD) extended recent upside gains early in today’s North American session as the pair appreciated to the 2036.77 area after trading as low as the 1925.03 area during the Asian session, with the intraday low representing a test of the 50-hour simple moving average.  The pair…
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BitPay, the Atlanta-based bitcoin payments startup, announced Friday that its prepaid Mastercard offering now supports Apple Pay. The post Bitcoin payments startup BitPay adds Apple Pay support for its prepaid Mastercard appeared first on The Block.
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The Block: Alpha Homora exploited for $37.5M

Saturday, 13 February 2021 14:32
Leverage liquidity protocol Alpha Homora was the victim of a $37.5M exploit on Saturday. The exploit involved the use of CREAM Finance’s Iron Bank service, which gives out uncollateralized loans to trusted smart contracts. In Saturday’s hack, an exploiter coded a contract that tricked Alpha Homora into…
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A $150 billion investment unit at Morgan Stanley is exploring bitcoin. The post A $150 billion investment unit of Morgan Stanley is exploring bitcoin: report appeared first on The Block.
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A new report from the credit ratings agency says the increase of crypto activity from firms may not translate to a short term effect on credit profiles, but it could modernize the financial system over time. The post Fitch Ratings says crypto is far from mainstream, but…
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Officials at the European Central Bank have said in recent weeks that they continue to assess all the factors behind a potential launch of a digitized version of the euro. The post ECB official floats idea for limits on digital euro holdings to discourage hoarding appeared first…
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ZKSwap, a decentralized exchange (DEX) built on the ZK-Rollup technology, has launched its mainnet as a layer-2 protocol on ethereum. The post Decentralized exchange built using ZK-Rollup tech launches on Ethereum appeared first on The Block.
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