Are crypto cashback rewards taxable?

The insider’s exploit went unnoticed for months, despite over 36 individual transactions.

CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. Hong Kong-based crypto exchange CoinEx has been banned from operating in New York by Attorney General Letitia James. According to an announcement on June 15, over $1.7 million worth of the exchange's…

Sheila Warren, the CEO of Crypto Council for Innovation (CCI), shared her insights in an interview with Cointelegraph at the World Economic Forum. 302 Total views 17 Total shares During the World Economic Forum (WEF) 2022, Sheila Warren, the CEO of Crypto Council for Innovation (CCI), sat down with Cointelegraph to discuss a range of…

Something I’ve noticed throughout my years as a PR consultant for dozens of crypto projects is that all founders want good PR, but few understand what it looks like. Founders and CEOs come to PR firms in the hopes that they will shape their image in the press, and about halfway through the engagement together,…

Donations to support Julian Assange’s fight for freedom have been pouring in over the weekend. 163 Total views 5 Total shares A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices.Assange is currently fighting extradition to…

Narendra Modi also called for a global standard on cryptocurrencies and major social media platforms in an effort to facilitate free and fair elections and governance. Cryptocurrency made an appearance at a global online summit for world leaders in a speech from Indian Prime Minister Narendra Modi.At Friday’s events for the Summit for Democracy hosted…

Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance transactions.The ATO failed to answer direct questions from Cointelegraph on whether staking Ether on Lido or transferring funds via bridges to layer 2 networks are CGT

As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin.Lee’s original post was the exuberant announcement that:“Litecoin network has been up and running continuously for the past 8 years with zero downtime. And in that…

Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum network, the first blockchain that scaled the smart contract functionality, sees most of the total value locked (TVL) on DeFi protocols dominated by cryptocurrency lending…