How to determine crypto cost basis for accurate tax filings
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.
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Coinbase CEO First Crypto Entrepreneur to Join Buffet-Founded Billionaire Charity Pledge
Coinbase CEO Brian Armstrong has become the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge, CNBC reports Friday, Dec. 21.Founded by moguls Bill Gates and Warren Buffett, the Giving Pledge campaign is now for the first time supported by a representative of the crypto industry, with Armstrong joining more than 180 pledgers…

FTX customer seeks help after mistaken deposit allegedly results in $1M in fees
DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee. 2054 Total views 52 Total shares A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the…

Portfolio in the red? How tax-loss harvesting can help stem the pain
Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting” according to Koinly’s head of tax. Koinly is one of the most widely-used crypto tax accounting firms online. Head of tax Danny Talwar told Cointelegraph…

NYSE calls out crypto provider SOS for noncompliance
The New York Stock Exchange mandates all listed securities to maintain an average closing price of $1 or more.

Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The debt ceiling negotiations in the United States are keeping traders on the edge. JPMorgan Chase CEO Jamie Dimon recently told Bloomberg on May 11 that a possible sovereign default by the U.S. government could create panic in the stock markets, resulting in heightened volatility.The next big question troubling crypto investors is how will Bitcoin…

Silvergate begins NYSE delisting process as it readies to cut 230 staff
The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing. 60 Total views 2 Total shares The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange (NYSE) and 230 staff will be let go, Silvergate Capital…

Hedera CEO: Store Coupons are a Great Example of Enterprise Blockchain Usage
In the second part of Cointelegraph’s interview with Mance Harmon, he talks about blockchain-based coupons. 2131 Total views 48 Total shares After talking about Hedera’s Consensus-as-a-Service model in the first part of Cointelegraph’s interview, Hedera CEO Mance Harmon mentioned one specific use case of enterprise blockchain to organize industry cooperation.Like with public blockchains, enterprise-based solutions…

SushiSwap’s new DEX aggregator will ’10x our market share’ — Head Chef
SushiSwap’s roadmap for the coming year includes the development of a DEX aggregator, a decentralized incubator, and "several stealth projects." 85 Total views 1 Total shares Own this piece of history Collect this article as an NFTJust a month after warning of a "significant deficit" in its treasury, the CEO of decentralized exchange (DEX) SushiSwap…