Cryptocurrency’s explosive growth has brought exciting opportunities, but also tax complexities. As a US resident who traded crypto on Coinbase, filing your taxes accurately requires understanding specific rules and procedures. This guide demystifies the process, helping you navigate smoothly.
Cryptocurrency isn’t just about trading volatile assets anymore. With the rise of proof-of-stake (PoS) blockchains, a passive income game called staking has emerged, offering crypto enthusiasts a new way to earn rewards on their holdings. But if you’re still scratching your head and wondering “what are staking rewards?”, buckle up – this blog post is your ultimate guide.
Ethereum 2.0: A New Era of Scalability, Security, and Sustainability
Ethereum is a decentralized blockchain platform that enables developers to build and deploy decentralized applications (DApps). DApps are applications that run on a blockchain network and are not controlled by any central authority. Ethereum is the most popular platform for DApps, with over 3,000 DApps currently running on the network.
Ethereum is also the leading platform for decentralized finance (DeFi). DeFi is a financial system that is built on blockchain technology and does not require any intermediaries such as banks or financial institutions. Ethereum is the home to a wide range of DeFi protocols, including decentralized exchanges, lending and borrowing protocols, and asset management platforms.
Cosmos Atom
Cosmos (ATOM) is a cryptocurrency and blockchain platform that aims to solve the problem of blockchain interoperability. It was founded in 2014 by Jae Kwon and is developed by the Interchain Foundation, a Swiss non-profit organization. Cosmos allows for the creation of independent, sovereign blockchains that can communicate with each other using a common protocol called the Inter-Blockchain Communication (IBC) protocol. In this article, we will explore Cosmos in more detail, including its staking rewards, use case, and factors that could drive its demand.
Algorand
Blockchain technology has revolutionized the way we store and transfer value. It has created new opportunities for decentralized applications and financial instruments, and it has the potential to disrupt entire industries. However, many blockchain platforms have struggled with issues such as scalability, security, and decentralization. Algorand, founded by Silvio Micali and launched in 2019, is a blockchain platform that aims to address these challenges and create a borderless economy.
Cryptocurrency
Cryptocurrencies and the question of whether they are considered securities by the United States Securities and Exchange Commission (SEC) have been a topic of intense debate in recent years. The answer to this question is crucial as it has far-reaching implications for the regulation, development, and adoption of cryptocurrencies.