“Internal Revenue Service has no right to tax newly mined coins,” Couple tells court
According to a U.S crypto couple, Coins earned by mining have been “created” and are not taxable until sold. In a complaint filed to federal court, a Tennessee couple investing in crypto have claimed that coins gained by mining or staking are not taxable until sold. The Tennessee couple is seeking a refund from the […]
Billionaire Carl Icahn says he may invest up to $1.5B into crypto
Former crypto skeptic, Carl Icahn may invest up to $1.5 billion into crypto while noting that “much of the cryptocurrency issued today will not survive.” Carl Icahn, the owner of Icahn Enterprises , told Bloomberg he’s ready to enter the cryptocurrency market in a “big way” — teasing an investment of around $1.5 billion. Icahn […]
PINTU: Coinbase leads $6M funding for Indonesian cryptocurrency
A new cryptocurrency in Indonesia, Pintu, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A funding round led by major global crypto investors including Pantera Capital, Coinbase […]
Apple Set to Employ Business Development Manager for ‘alternative payments’ with crypto experience
“The Apple Wallets, Payments, and Commerce (WPC) team is seeking to employ an experienced Business Development Manager to control Alternative Payments Partnerships.” Apple, the global software giant is recruiting for a new business development manager specializing in alternative payments, signaling that the iPhone maker is gravitating toward digital assets. The new job post for “Business Development […]
Use Your NFTs to Lend, Stake and Earn at Hoard Exchange
In the latest update, Hoard exchange, a platform that empowers game developers with the infrastructure to integrate in-game items with Ethereum blockchain, has launched its NFT marketplace today. The marketplace will curate digital goods to simplify developer-user interactions. Users will be leveraging it to trade, lend, or rent in-game items, real estate, digital art, and many […]