For most taxpayers, assembling tax returns and filing is a painful process. For those who had crypto activity in 2021, the process can be even more troublesome.Transfers between wallets are common for investors looking to interact with different products offered by crypto exchang
If you want a sneak peek at how DeFi is likely to transform the banking industry, the history of the telecom industry in the U.S. may turn out to be a good guide.In 1983, the “Bell System” was a national monopoly on telecommunications in the United States. This includ
Standing 11 feet tall and glistening in the southern sun, “The Miami Bull” statue has been called both “a crime against god” and “pretty cool.” The robotic reimagining of the Wall Street landmark is 3,000 pounds, made of chrome and fiberglass a
On March 9, the Biden administration issued an executive order directing U.S. regulators to “assess the financial stability risks and regulatory gaps posed by the ongoing adoption of digital assets” and to recommend specific policy, regulatory and legislative actions
Charlie Warzel’s generally quite readable Galaxy Brain newsletter carried a provocative headline this week: “Is Crypto Re-Creating the 2008 Financial Crisis?” Not surprisingly, it turned out to be a rhetorical question. The Atlantic writer’s newsletter ca
The Wall Street Journal on Thursday published a useful dive into meme coin trading. It was pegged to a token called “Will Smith slap inu” that appeared, surged and imploded within a couple of days early last week after the infamous Oscars fracas. “Meme coins&rdq
In feudal Japan, the term ronin was used to describe a Japanese samurai without a master. Left alone due to the death of his lord, or loss of his privilege, a ronin was a warrior adrift, roaming at large, free from the constraints of loyalty. Expressed by two characters that lite
April showers are falling, the spring flowers are blooming once more, and the deadline to file 2021 tax returns is just around the corner – but this year, many Americans are facing more complicated tax questions than ever before.Blame for the complicated tax picture can be
It isn’t often you’d hear tech companies described as dinosaurs, but they are indeed now just that and need to evolve or risk being relegated to an era past.The largest tech giants, including Amazon, Google and Meta Platforms, have become too accustomed to the outdate
A complex and increasingly bitter drama is unfolding at Waves, a layer 1, or base, smart-contract blockchain.The system, an Ethereum analog with smart contract and decentralized finance (DeFi) functionality, has seen extreme price volatility in its eponymous native token over the
Crypto is experiencing unprecedented rapid adoption. Major businesses and nonprofit organizations – as well as some governments – have already begun to accept crypto for payments and donations.
Hey folks. We’re still talking central bank digital currencies and digital dollars, so here’s some quick and vaguely unhinged thoughts on recent actions and statements on this front.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersectio
Crypto news seeped back into mainstream headlines last week with the disclosure of a $624 million heist from Axie Infinity’s Ronin Network. The attack targeted the Ronin Bridge, which enables users to pass funds between the Ronin network and Ethereum.To some in the crypto w
The U.S. Securities and Exchange Commission issued a proposal to, among other things, require “communication protocol systems” (or CPSs) to register with the agency and thereafter satisfy its many recordkeeping, transaction-monitoring and reporting obligations. These
You. Yes, you. Are you an actual human?It’s not an entirely unreasonable question to ask because the odds of a human reading these words is about one in three. You see, two-thirds of traffic on the internet is comprised of bots, according to analysis by security vendor Barr
Crypto philanthropy differs significantly from traditional ways of giving. These differences are changing donor demographics, funding models and even the reasons for giving.The rising frequency of these crypto donations suggest this method of giving will play an enduring role in