Crypto loans made up almost half (47.4%) of DeFi in total value locked (TVL) in 2021, and it shouldn’t come off as a surprise. The best crypto lending platforms out there offer lower interest rates and better loan terms than traditional banks. It also allows investors to use their...

Despite best efforts from the IRS, we still have many gray areas of crypto taxation in the US that demand more clarity. These include liquidity pool taxes, staking reward taxes, whether NFTs are treated as property or collectible, and if the wash sale rule applies to crypto. Since March...

Cryptocurrencies like Bitcoin and Ethereum are changing the way we think about money, but they also come with various legal intricacies and questions about how they should be treated. In this blog post, we’re going to break down some of the biggest crypto legal battles of all time.  These...

There are mainly two main crypto tax penalties in Germany –  a) Late tax filings incurring a minimum penalty of €25 per month, calculated at 0.25% of tax liability.  b) Late payments attracting a 1% monthly penalty on the unpaid amount. Are you a crypto investor in Germany facing...

The following are the most common IRS crypto tax notices and what they mean: IRS Notice CP2000 alerts you about mismatches in your reported crypto transactions, requiring your review and response. Letter 6173 indicates the potential underreporting of crypto activities, needing a mandatory response. Letter 6174 serves as an...

Amending tax returns for your crypto earnings can be a lifesaver for many, especially in the fast-paced world of cryptocurrencies, where tax obligations can sometimes take a back seat.  You’ve probably experienced the excitement of crypto gains, only to realize later that tax reporting got lost in the shuffle....

Crypto tax penalties are fines you pay if you don’t file your tax return or pay your taxes correctly or on time. Not clearing your penalties on time can further accrue interest over time, leading to significant tax liabilities.  That is why crypto investors and traders in the United...

Bitcoin halving is an inbuilt feature in the Bitcoin network that reduces the rewards miners receive for adding new transactions to the blockchain by 50%. It occurs approximately every four years to control inflation and maintain scarcity, ultimately influencing Bitcoin’s supply and potentially its price. In this guide, we...

Stablecoins have emerged as a vital component of the volatile crypto space, especially for trading. But with so many stablecoins out there, how do you pick the best one? That is where our carefully crafted list of best stablecoins in 2024 comes in.  In this guide, we will quickly...

With numerous crypto companies and startups moving their headquarters to Dubai, this place and its rapid ascent as a crypto hub have caught the attention of crypto enthusiasts worldwide. Whether you’re already in the region or considering a move, our list of the best crypto exchanges in Dubai and...