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crypto taxes Cryptocurrency
The IRS published Notice 2014-21 in 2014, which included instructions on how virtual currencies should be handled financially. Virtual currencies, including cryptocurrencies, are regarded as property for taxation purposes, according to the IRS. This implies that you must disclose on your tax return any profits or losses resulting from the sale or exchange of cryptocurrencies.
defi scam Cryptocurrency
Decentralized finance (DeFi) is becoming increasingly popular as a way to earn passive income and diversify one’s investment portfolio. However, as with any new technology, there are risks involved, and investors need to be aware of potential DeFi scams. In this article, we’ll explore common DeFi scams, warning signs to look out for, security measures
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