Tax law researchers propose IRS framework for deducting crypto losses
A recently published study appears to advocate for the isolation of crypto assets from other tax deductions, where losses are concerned. Go to Source Powered by WPeMatico
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Over 30% TikTok videos on crypto investments are misleading: Research
TikTok videos sporting popular crypto-related hashtags — such as crypto, cryptok, cryptoadvice, cryptocurrency, cryptotrading and cryptoinvesting — have cumulatively churned over 6 billion views. Go to Source Powered by WPeMatico
The future of crypto taxes: Understanding the ever-changing landscape
Crypto taxation remains to be a controversial space, though some transparency is expected. Go to Source Powered by WPeMatico
Researchers find cryptocurrency ‘signatures of maturity’ similar to equities market
Scientists at the University of Melbourne and Tsinghua University published pre-print research comparing the cryptocurrency market to traditional equities. Go to Source Powered by WPeMatico
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto … Read more
OpenAI launches bug bounty program to combat system vulnerabilities
OpenAI sets up a bug bounty program to address privacy and cybersecurity issues and reward security researchers for identifying and addressing vulnerabilities in its systems. Go to Source Powered by WPeMatico
Men under 50 shoring up US cryptocurrency market: Pew Research
A Pew Research Center analysis shows that not much has changed over the past few years when it comes to U.S. cryptocurrency adoption and confidence. Go to Source Powered by WPeMatico
Fortune debuts ‘Crypto 40,’ Ethereum takes top honors for protocol category
The Fortune Crypto 40 highlights cryptocurrency organizations across eight different categories with heavy emphasis on older, established companies. Go to Source Powered by WPeMatico
Crypto could eliminate 97% of traditional remittance fees: Coinbase
U.S. consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone. Go to Source Powered by WPeMatico
Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees
This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an … Read more
