The future of crypto taxes: Understanding the ever-changing landscape

The deployer account changed an Alex contract’s implementation address, and multiple tokens were subsequently drained from its bridge.

Major U.S.-based content delivery network (CDN) CloudFlare has introduced a new decentralized content gateway via its InterPlanetary File System (IPFS), the firm announced in a blog post September 17.The announcement was made during Cloudflare Crypto Week, a week devoted to the adoption of new cryptography-powered technologies. Cloudflare’s IPFS Gateway is the first product to be…

"In the end, ultimately, I failed to deliver because of my compounding failures and will incorporate this knowledge into my next project," said Delong. 293 Total views 20 Total shares On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure.Delong unilaterally resigned…

FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.” 335 Total views 3 Total shares Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain…

Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency.As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment giants have reservations about the plans. Sources: Facebook “oversold” regulator supportThe companies formed part of the cohort which originally said they wished to…

Whales appear to be accumulating in anticipation of higher prices, with “millionaire” wallets increasing their holdings by 90,000 BTC in just 25 days. 1674 Total views 6 Total shares Bitcoin whales are stocking up, with “millionaire” addresses accumulating around 90,000 Bitcoin worth $367 billion over the past 25 days.The accumulation was identified by crypto market…

The real identity of Bitcoin’s founder, Satoshi Nakamoto, has been a mystery since the inception of the preeminent cryptocurrency over a decade ago.Over the last 10 years, various people have claimed to be the mysterious Satoshi, but their assertions have always been met with skepticism and have lacked any substantial evidence to prove the point.This…