The IRS Should Offer a Free Tax Reporting Tool to DeFi Users
The U.S. is weighing crypto tax rules, and many in the digital asset industry worry the government going too far. (Jesse Hamilton/CoinDesk.)
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NEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch
feature The technology behind the cryptocurrency NEO, formerly known as Antshares, will be completely reconfigured by this time next year. In April, NEO co-founder Erik Zhang announced that an optimized version of the blockchain network will relaunch as NEO 3.0 in 2020. The underlying infrastructure will be so different that token holders will need to turn…
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South Korea’s Third-Largest Crypto Exchange Publishes Official Listing Criteria
news Coinone, a South Korean crypto exchange, has issued listing criteria, laying out in some detail what is required to be traded on the platform. The disclosure on August 8th came just a few days after the exchange announced the signing a deal with CertiK to undertake a security validation and amid a rush in…
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14 Banks, 5 Tokens: Fnality’s Expansive Vision for Interbank Blockchains
news The Takeaway: With $63.2 million in fresh funding from 14 banks, Fnality is building tokenized versions of five major fiat currencies. The digitized fiat would be fully collateralized by cash held at central banks and is meant to solve the “cash on ledger” problem faced by other financial blockchain projects. The consortium says it is…
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Baidu-Owned Video Streaming Giant iQiyi Taps Public Blockchain for Performance Boost
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Despite CEO Claims, Dash Isn’t Really the ‘Most Used’ Crypto in Venezuela
news “Dash is the most used cryptocurrency in Venezuela,” said Ryan Taylor, CEO of Dashpay, as he stood on stage last May during CoinDesk’s Consensus event. This statement has been repeated time and again by Dashpay, hinting that crypto is taking off in Venezuela’s economy. But after investigating the true uptake of the crypto in…
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Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners
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As Bitcoin Scales, We Need Better Custodial Solutions
Crypto unintelligentsia discourse has been set aflame by this week’s Big Crisis in Bitcoin.The culprit: big, fat, unwieldy fee rates.George Kaloudis is a senior researcher and host of CoinDesk TV's "All About Bitcoin." Until recently you could have sent a bitcoin transaction rather cheaply, probably at a fee rate of 1 satoshi per vByte (equivalent…