The IRS Should Offer a Free Tax Reporting Tool to DeFi Users

Bitcoin miner Riot Platforms (RIOT) dropped its proposal to buy peer Bitfarms (BITF) and is looking to overhaul the board before engaging in further takeover attempts."Over the course of more than a year of attempting to engage constructively with the Bitfarms Board regarding a potential combination of Bitfarms and Riot, it has become evident to

Crypto needs a killer app and a better sales pitch. "The average consumer just doesn't care about decentralization," Jeff Morris, Jr., an under-the-radar venture investor in the crypto space, told CoinDesk in a recent interview. Through the fund he created last year, Chapter One Ventures, Los Angeles-based Morris has quietly gotten in on some of…

Dec 8, 2020 at 2:48 p.m. UTCUpdated Dec 8, 2020 at 3:13 p.m. UTCSquare to Support Greener Bitcoin Mining as Part of Zero-Carbon PledgeSquare intends to support the use of renewable energy in bitcoin mining with a new Bitcoin Clean Energy Investment Initiative, and it’s dedicating $10 million to the effort. Announced Tuesday, the company…

news SprinkleXchange, a stock exchange built on ethereum, is reportedly listing its first company next month. Sprinkle Group CEO Alexander Wallin told Bloomberg in an interview published Friday, “We have the luxury of being first with this, but we’re aware that it will become a crowded market.” The Bahrain-based platform, operating within a regulatory sandbox created…

The blockchain industry remains mired in crypto winter, with the price of bellwether bitcoin (BTC) down 11% in the past month. But there’s no slowing down in the race among technologists to position for the future. In the past week MakerDAO’s Rune Christensen, a pioneer of decentralized finance, signaled his openness to abandon the Ethereum

Aug 14, 2020 at 17:53 UTCUpdated Aug 14, 2020 at 18:16 UTCStani Kulechov, founder and CEO of Aave, speaks at Consensus 2019. (CoinDesk archives)Decentralized money market Aave has released specifications for version two of its protocol as the project eyes $1 billion locked under contract, according to DeFi Pulse. Aave will partner with real estate…

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin BTC opened the trading week down 2% at $41,000. Ether ETH fell 3% to $2,100. Data from Coinglass shows there have been $103.5 million in

Jun 17, 2020 at 16:00 UTCUpdated Jun 17, 2020 at 16:07 UTC(Tingey Injury Law Firm/Unsplash)Blockchain Code Can Fill In When Antitrust Law FailsThibault Schrepel is a Faculty Associate at Harvard University’s Berkman Klein Center for Internet & Society and Assistant Professor in Antitrust Law at Utrecht University School of Law. The COVID-19 crisis has increased…

news While many traders eagerly await a potential bitcoin exchange-traded fund (ETF), some of the cryptocurrency’s most passionate advocates are lukewarm at best about the prospect of such an instrument. Twitter is flush with users like crypto entrepreneur Jonathan Hamel posting about how an ETF would bring an “epic” inflow of institutional capital to the…