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How to manage crypto losses on tax returns in the US, UK and Canada

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  • November 13, 2023

Unlock the complexities of cryptocurrency taxation and learn how crypto losses impact your tax liability in the United States, United Kingdom and Canada. How to Cryptocurrency taxation is a subject of increasing importance, with governments worldwide working diligently to establish clear rules for taxing digital assets. In the United States, the United Kingdom, and Canada, […]

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Caroline Ellison: Secret recording offers trove of explosive revelations

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  • November 8, 2023

Among many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had access to customers’ funds at FTX. News The ongoing trial of former FTX CEO Sam Bankman-Fried has uncovered a series of explosive revelations in the form of testimonies from former key FTX and Alameda Research executives.  The latest court […]

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Worldcoin to cease paying Orb operators in USDC as early as November

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  • October 30, 2023

Aside from ditching USDC for its native token, Worldcoin announced some changes to the terms of its WLD loans to market makers. Worldcoin is set to begin paying its Orb Operators — those rewarded for scanning people’s eyes — with its native Worldcoin (WLD) token, phasing out USD Coin USDC $1.00 as early as next month. […]

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IMF working paper proposes country-level assessment matrix for crypto risks

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  • October 29, 2023

The matrix aims to identify potential risks associated with the crypto space and policy responses for regulators. News A working paper published by the International Monetary Fund (IMF) proposed a count vulnerabilities and potential policy responses for the crypto sector.  On Sept. 29, the IMF published a working paper titled “Assessing Macrofinancial Risks from Crypto […]

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Championing Web3 features in role-playing games — Here’s why it matters

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  • October 25, 2023

RPGs are being given a Web3 makeover — blending an immersive gaming experience with the chance to collect and own characters. A Web3 gaming giant has launched its first mobile-first RPG battler, where players can collect over 100 unique Champions and use them in strategic, fast-paced fights. Champions Arena is designed to appeal to traditional […]

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UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank

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  • October 8, 2023

Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government. News The United Kingdom has an opportunity to capitalize on the departure of Web3 firms leaving the United States due to regulatory uncertainty. But to achieve that, the U.K. will need to follow its own regulatory path, smoothing the requirements for […]

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Busan is developing an Ethereum-compatible mainnet to become a ‘blockchain city’

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  • September 24, 2023

The city administration behind the project aims to make Busan a blockchain city and has launched a $75-million development plan to realize the goal. News South Korea’s second-largest city, Busan, is developing a public blockchain network compatible with mainstream blockchain platforms, such as Ethereum and Cosmos. The aim is to integrate blockchain-based services from various blockchain […]

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How Web 3.0 apps must adapt to become next-gen of tech, explained

Why are Web 3.0 applications positioned as the next generation of technology? Unlike Web 2.0 applications, offerings built on Web 3.0 are enabling users with true data ownership. Web 2.0 brought about a major change to how the world views the internet, introducing online platforms like TikTok, Twitter, Meta (former Facebook) and Instagram, among others. […]

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Golden cross vs. death cross explained

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  • March 29, 2023

What is a moving average? The moving average is a stock indicator commonly used in technical analysis that helps create a constantly updated average price.  A clear grasp of moving average (MA) is crucial in better understanding the golden cross and the death cross. Generally, MAs are calculated to determine the trend direction of an […]

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Cryptocurrencies fall as investors weigh the Fed’s latest rate decision, bitcoin slides toward $25,000

Cryptocurrencies fell on Wednesday as investors weighed the latest policy decision from the Federal Reserve. Bitcoin slid 4.8% to $26,895.88, according to Coin Metrics. Ether fell 4.1% to $1,726.58,following a big move higher on Tuesday. The Fed enacted a quarter percentage point interest rate increase at the conclusion of its latest policy meeting, expressing caution about the recent banking crisis […]

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