Elon Musk has Stirred up the crypto market again

Elon Musk has Stirred up the crypto market again

Famous Billionaire Elon Musk woke up the crypto market via Twitter. After Musk changed his profile picture, there was a strong fluctuation of cryptocurrencies money called ApeCoin. Known for his interest in cryptocurrencies and the richest man in the world, Elon Musk has shaken up the cryptocurrency market again. Famous billionaire Elon Musk yesterday turned … Read more

SOL, a little-known crypto coin, is soaring into the charts…

SOL, a little-known crypto coin, is soaring into the charts…

You know Bitcoins. Most likely you have heard of: Ethereum. And even if you just watched TV this year, chances are you’re familiar with Dogecoin at. What about SAUL? A lesser-known coin is going through a turbulent period of the cryptocurrency’s rise, rising up the charts lately to cement its place in the top 10 … Read more

Ukraine’s Prize Announced For Crypto Money Donors May Have Been A Fraud Tool!

Ukraine’s Prize Announced For Crypto Money Donors May Have Been A Fraud Tool!

after Ukraine’s airdrop announcement to cryptocurrency donors yesterday, it was seen that a token from Ukraine’s cryptocurrency wallet started to be distributed today. But it turned out that the transaction was carried out by third parties. After the Russian invasion of Ukraine, the Western world began to support Ukraine financially. While donation campaigns are started … Read more

Spouses, taxes and crypto: The unanswered questions for Congress' stock trading ban

Spouses, taxes and crypto: The unanswered questions for Congress' stock trading ban

Wait, isn’t insider trading already banned? Following a “60 Minutes” expose of trades lawmakers made during the 2008 financial crisis, Congress in 2012 passed the Stop Trading on Congressional Knowledge Act. The law requires members and their spouses to disclose stock transactions and bars them from trading on nonpublic information “derived” from their official positions. … Read more

North Korea is stealing millions in cyber attacks on banks and crypto firms, UN warns

North Korea is stealing millions in cyber attacks on banks and crypto firms, UN warns

UN experts say North Korea continues to steal hundreds of millions of pounds from financial institutions and cryptocurrency firms, with the dictatorship using the illicit money to fund its nuclear and missile programs. The panel of experts said that, according to an unnamed government, North Korean “cyber-actors stole more than 50 million dollars (£37 million) … Read more

Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?

Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the US, and I’ll walk you through the important things to keep in mind when reporting crypto trading on your tax returns. Meanwhile, if you’d like to … Read more

A crypto breakthrough? Western states consider taking digital currency

A crypto breakthrough? Western states consider taking digital currency

The Wyoming effort also offers a window into some of the forces vying to shape the future of digital money: namely, big retailers and veterans of the commercial banking industry. “We are looking for alternative currencies to compete with the US dollar,” said Zhou Xiaomeng of American CryptoFed, a group backing the Wyoming proposal. American … Read more