IRS Demands a Slice of Staking Rewards Under New Tax Reform.
IRS Demands a Slice of Staking Rewards Under New Tax Reform DEFI NEWSEarnings in cash, kind, or via stakes are all included in the definition of “gross income.”Internal Revenue Service…
Sorare Now Accepts Fiat Payments for NFT Trading Cards.
The platform has licensing agreements with some of the greatest sports leagues in the world. Sorare announced that the need to pay only in ETH on the platform has been…
Bald (BALD) Memecoin Drops 90% Post 40,000% Rapid Surge.
The memecoin was launched on Coinbase’s base, the Ethereum layer-2 network.A few investors made 100,000% on very modest investments. In the evolving world of the crypto market, one memecoin has…
FTT Pumps 15% Amidst FTX Revival Plan
FTX.com, a previously defunct crypto exchange, has filed a Reorganization proposal with the U.S. Bankruptcy Court. The FTX.com restart would only be available to offshore customers.Following the announcement, FTT token…