How to determine crypto cost basis for accurate tax filings

Venezuela’s central bank is exploring the possibilities of holding Bitcoin (BTC) and Ether (ETH) in its coffers, according to anonymous sources who reportedly have direct insights into the matter.Can the central bank store Bitcoin and Ether?According to a Sept. 26 Bloomberg article, the central bank of Venezuela is taking a closer look at whether they…

Following the start of trading platform for selected investors in September, Börse Stuttgart Stock Exchange (BSDEX) has now opened to all interested users with residence in Germany. Börse Stuttgart made its announcement in a press release on Dec., 6. Trading venue open — under certain circumstancesFirst of all, users will have to limit themselves to deposits…

The co-founder of cryptocurrency exchange Bitzlato was briefly detained for questioning in Moscow at the request of Interpol, after which he was released. 133 Total views 1 Total shares Own this piece of history Collect this article as an NFTLocal Russian media outlets reported on Monday that Bitzlato co-founder Anton Shkurenko was detained in Moscow…

South Korea’s leading credit card firm Shinhan Card has been granted a patent for a blockchain payments system, English-language local media The Korea Times reports on July 15.Per the report, with the newly patented technology the company has established a blockchain-powered credit transaction process allowing for setting spending limits, paying in monthly installments and carrying…

Sygnum Singapore plans to expand its regulated offering to Asia-Pacific (APAC) markets, such as Hong Kong, a spokesperson told Cointelegraph. 650 Total views 10 Total shares Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.On Oct. 3, Sygnum Singapore announced

Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week's "historic deleveraging event." 28338 Total views 7 Total shares Crypto traders were greeted by green markets on May 24 as the majority of altcoins saw their prices bounce back following last week's downturn that was the “largest…

The Realm of Historia project recently announced its intentions to make strides in preserving Armenian cultural heritage through leveraging the use of blockchain technology and nonfungible tokens (NFTs).In a departure from conventional methods, this initiative seeks to digitize historical artifacts and physical historical sites, starting with the Realm of Historia: Carahunge X digital asset collection.Cointelegraph

FinCEN issued a statement on cybercrime in light of COVID-19. U.S. government agency, the Financial Crimes Enforcement Network, or FinCEN, recently put out a notice mentioning the risks and symptoms of internet-related nefarious activities occurring since COVID-19 arose."Many illicit actors are engaged in fraudulent schemes that exploit vulnerabilities created by the pandemic," FinCEN said in…

OpenSea also announced expanded support with Polygon, and noted that “Buyers no longer have to pay blockchain fees when making trades on OpenSea.” 599 Total views 4 Total shares OpenSea has become the latest crypto unicorn after it announced a $100 million Series B funding round led by venture capital firm Andreessen Horowitz at a…