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Why We Still Need Guidance on Staking Rewards Taxation
24.2.2022
A tax consultant and CPA analyzes the recent decision by the IRS to refund $3,200 to the Tennessee couple taxed on their Tezos staking rewards
pSTAKE Finance brings liquid staking and a new airdrop to the Cosmos ecosystem
21.2.2022
Similar to Lido and Anchor Protocol, pSTAKE brings liquid staking to the Cosmos ecosystem and allows ATOM and XPRT holders to integrate with DeFi on a deeper level
Fantom Integrates Stader Labs’ Solutions for Liquid Staking
11.2.2022
Fantom announced that it would be supported by Stader Labs’ staking infrastructure platform. Fantom users will be able to unlock the overall value of their FTM that is under stake through liquid staking and delegate to various validators with a single click in the coming months, thanks...
No precedent: IRS court settlement doesn't clarify crypto staking taxes
8.2.2022
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression
Ravendex, a Cardano Startup, All Set to Release Staking Platform, Announces a Trading Competition and Winning Prize of $50K Worth $Rave
8.2.2022
Ravendex has announced an exciting trading competition as a mark of celebration of its BitMart listing that took place on 10 January 2022. The Ravendex project is the first DEX (decentralized exchange) on a Cardano blockchain ecosystem. It is all set to release a permissionless crypto staking...
PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
3.2.2022
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income
Reports That IRS Won’t Tax Staking Rewards Create Legal Confusion in US; UK Taxman Updates Its Own Guidance
3.2.2022
Legal confusion has broken out in the United States after media outlets reported on a legal case whereby the Internal Revenue Service (IRS), the United States tax body, is allegedly set to refund a couple’s tezos (XTZ) crypto staking tax bill. But one prominent lawyer says the reporting around...
Court victory precedent: IRS may not tax staking rewards until sold
3.2.2022
The Nashville couple’s case against the IRS compared unclaimed and unsold crypto rewards to an unsold book from a writer, and will be rewarded a refund with interest for tax paid
UK tax agency cracks down on rules around DeFi lending and staking
3.2.2022
“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK," said the executive director of CryptoUK Ian Taylor
Play-to-Earn Game Studio Attack Wagon Launches On-Site Staking Program
31.1.2022
Attack Wagon, a Blockchain game studio, has announced the launch of Attack Wagon token ($ATK) staking on its platform. According to the company’s update, platform users will now stake their funds in three staking pools: Silver, Gold, and Platinum. All of them have a staking window of 30 days....
Bitfinex Releases Staking Rewards for MATIC
21.1.2022
Bitfinex recently announced staking rewards for MATIC users on the platform. The venture released an official post on their website to make the announcement. Polygon recently shared 90 million MATIC with Bitfinex to promote staking rewards for users. Bitfinex anticipates that its audience can earn...
Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon
20.1.2022
There are now over 15,000 unique wallets staking on Stader Labs, with total value locked of around $500 million
Crypto staking: How to pick the best staking coins for passive income
20.1.2022
Because the blockchain puts your crypto to work, it generates incentives (form of passive income) while it is staked
PlotX Closes a $5 Million Pre-Series A Funding Grant from Polygon and Hashed; Announcing a New Staking Program
19.1.2022
PlotX, one of the fastest-growing GameFi dApp on the Polygon ecosystem, has concluded a $5 million pre-Series, a funding round and grant. As per a press release on January 17, PlotX received funds from Polygon Studios and Hashed with participation from high-profile crypto venture funds, including...
ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion
18.1.2022
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million...
Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders
7.1.2022
A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS)...
Eth2's Rocket Pool reaches $350M TVL and 635 node operators in five weeks
31.12.2021
“In the staking market, there was significant latent demand for a decentralized option — it just needed our launch to spark an inferno,” said Rocket Pool general manager Darren Langley
XTRA: The Revolution Staking Platform
28.12.2021
XTRA is a DeFI staking platform that offers over 14,7 to 45,2% APY. It is trustless, capital-backed, secure, powerful, extremely profitable, and easy to use. The best feature of XTRA is its decentralized GUARANTEE FUND that secures up to 90% of your token purchase price. The first listing of XTRA...
Dogecoin Foundation Says It’s Working With Ethereum’s Vitalik Buterin on a Staking Concept
25.12.2021
According to the Dogecoin Foundation, the organization is working with Vitalik Buterin on constructing proof-of-stake (PoS) capabilities for the Dogecoin network. The “uniquely Doge proposal” is aimed at bolstering a “community staking” version of the protocol. Dogecoin...
Japanese Tax Body Updates Crypto Guidelines for Staking and Lending, but Not NFTs
25.12.2021
Japan’s tax body – the National Tax Agency – has updated its crypto FAQs, addressing issues including staking and crypto lending. But the body has made no mention of non-fungible tokens (NFTs) or token airdrops – a sign that it does not currently consider NFT trading or airdrops taxable....
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