On July 31, 2023, the Internal Revenue Service (IRS) released Revenue Ruling 2023-14, which addresses the US federal income tax treatment of cryptocurrency units (commonly referred to as coins or ...
Taxpayers must include the fair market value (FMV) of proof-of-stake validation rewards in their gross income for the tax year in which they gain dominion and control over the validation rewards, the ...
New validators now need to wait more than 44 days to start earning staking rewards, the biggest backlog since late July 2023.
Crypto staking is a vital element of cryptocurrencies that use a “proof-of-stake” system for transaction validation. The potential reward varies widely, depending on the staking platform, the crypto ...
Ethereum's staking contract now holds $256B worth of ETH, representing 46.59% of total supply. Growth sparks debate over ...
Staking coins in the crypto market is simply committing assets to the security of the network. As a reward for committing assets, stakers are paid a portion of the block reward that comes from ...
Grayscale has declared a staking rewards distribution for its Ethereum Staking exchange-traded fund (ETF), the first time a ...
In the swiftly evolving landscape of cryptocurrencies, one of the essential standards that investors ought to hold close is the consensus mechanism. Among the diverse strategies used to steady and ...
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Institutional participation pushes Ethereum’s POS contract to new all-time high
Santiment has revealed that ETH held in the official Ethereum 2.0 Proof of Stake contract has risen by 38.4% over the last 12 ...
Many of us have likely seen this social media meme in recent weeks. But, if not, some context: spouses across the internet have been perplexed to learn that evidently, their husbands think about the ...
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