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Crypto Tax Basics: A 101 for Beginners

Everything you need to know, courtesy of Jaimin Desai, CEO & Co-Founder of Reconcile, a tax optimization platform helping investors, business owners and high-income earners pay less tax.

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Author: Jaimin Desai

The IRS Should Heed This Warning

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Author: Bill Hughes

The Tax Implications of Sam Bankman-Fried’s Conviction

The end of the trial provides some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. But how the IRS might act in the context of illegal activity is unclear.

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Author: Miles Fuller

Terraform Labs acquires cross-chain data provider as it pursues post-Kwon plans

Terraform Labs, leading developer of the Terra blockchain, today announced the acquisition of Pulsar Finance.

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Author: Ryan Weeks

Aave Companies launches decentralized social graph Lens V2 on Polygon

Web3 software technology firm Aave Companies launched Lens protocol V2 on Polygon during the Devconnect event in Istanbul.

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Author: James Hunt

Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan

Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million.

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Author: Oliver Knight, Shaurya Malwa

IRS ‘Raided’ by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal

The U.S. Internal Revenue Service (IRS) is gathering the final words now from a crypto sector that is arguing the agency’s proposal for a digital-assets taxation regime is an existential threat to investor privacy and to decentralized crypto projects.

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Author: Jesse Hamilton

First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma

Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer

A hacker seemingly stole $27 million worth of tether [USDT] from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT.

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Author: Oliver Knight

GROK Token, Inspired by Elon Musk’s Grok AI, Hits $160M Capitalization in Latest Frenzy

Total liquidity for the token is a paltry $3.5 million on decentralized exchanges, meaning a single significant sale could instantly topple the rise.

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Author: Shaurya Malwa


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