IRS Updates Crypto Tax Form, Drops Wallet Address Requirement – Decrypt
The United States tax agency has released revised forms for crypto investors, aiming to simplify taxes for digital asset holders. The 1099-DA, released as a draft on Friday, will provide “easier and clearer” reporting for tax filers with cryptocurrency investments, the IRS said in a statement on Friday. The revised form removes requirements from the […]
Arrested Samourai Wallet co-founder to be released on bail, will contest charges – The Block
William Lonergan Hill, who was arrested in April along with Samurai Wallet co-founder Keon Rodriguez on federal charges of money laundering and operating an unlicensed money transmitting business, has been granted bail by the U.S. government, although specific terms have yet to be determined. According to a recent letter from Hill’s lawyers, the two parties […]
Sonic 100K Wallet Milestone Paves Path to Mainnet Launch By Chainwire – Investing.com
Dubai, UAE, June 30, 2024, Chainwire Sonic, the first atomic SVM chain enabling sovereign gaming economies on , has achieved significant milestones on its recently launched incentivized testnet “Odyssey,” reaching 100,000 connected wallets and over 17 million transactions on the way to mainnet launch. support Backed by multi-strategy crypto investment firm Cypher Capital, Sonic’s latest […]
Bitcoin, Ethereum, Dogecoin Bottom Out As US Government Wallet Sends $240M BTC To Coinbase – Benzinga
Cryptocurrency markets are falling on Wednesday as major governments liquidate their Bitcoin holdings. Cryptocurrency price Profit +/- Bitcoin BTC/USD $60,979.32 -1.7% Ethereum ETH/USD $3,410.19 -0.1% Solana Sol/USD $137.84 -0.7% Dogecoin DOGE/USD $0.1241 -2.9% Shiba Inu SHIB/USD $0.00001737 -3.3% Notable statistics: The Bitcoin Spot ETF reported its first total net inflows in a week, totalling $31 […]
Bitcoin dips 2% as Mt. Gox wallets move over $5B to unknown wallet – Cointelegraph
Bitcoin (BTC) fell 2% on May 28 after a wallet purporting to belong to the collapsed crypto exchange Mt. Gox transferred 107,547 BTC, valued at $7.3 billion, to an unknown wallet. Trading is increasing hourly. The move comes ahead of the dissolved crypto exchange’s plans to return its BTC holdings to creditors by October. Blockchain […]
Finance expert sounds alarm over ‘spaving’ trend: An old ‘trap’ with a new name hitting your wallet
“What Should I Do with My Money?” author Brian Kuderna shows how consumers can avoid falling into the “frugality” trap and stay in control of their finances. “Saving money” (spending more to save money) is an old “trap” with a new name that extends to grocery stores, retail stores, and even online gambling. While there […]
Federal Reserve is giving money away. It could destroy more than your wallet
Breitbart economics and finance editor John Carney offers his outlook ahead of the 2024 presidential election in “The Bottom Line.” Federal Reserve Chairman Jerome Powell spoke on May 1, trying to project an image of mild optimism. But like the Wizard of Oz, the Fed doesn’t want you to draw attention to the real problems […]
Does the Chase Sapphire Reserve Card Still Belong in My Wallet? – Upgraded Points
I remember the buzz at that time. chase sapphire reserve® has been released. I was told that Chase’s limit on whether or not to get approved for a new card was well past May 24th, but that I still have a chance to get approved if I visit Chase Bank in person. Ta. There were […]
soaring gold prices & latest CPI report mean for YOUR WALLET
The price of gold has increased significantly. In fact, we just hit an all-time high, but is this a good sign for the economy? Unfortunately, that’s not the case. When Glenn Beck spoke to a gold expert, he said: “Do you realize how crazy the world is when gold costs $3,000 an ounce?” At this […]
How imposters are trying to exploit your grief and wallet in a new funeral scam
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