Even if you suffered losses on your crypto investments this year, there’s still some good news. Michelle O’Connor is VP of Marketing at TaxBit The IRS allows investors to claim deductions on cryptocurrency losses that can lessen tax liabilities or even result in a tax refund. There are also investment strategies you can use throughout […]
How Crypto Losses Could Result in Tax Benefits
NEAR Token Jumps Over 20% After UST Integration
Tokens of Near (NEAR) jumped 23% to $10.80 on Wednesday after an integration with decentralized payments network Terra was announced by developers on Tuesday night. Terra’s UST tokens – stablecoins whose value is algorithmically pegged on a one-to-one basis with the U.S. dollar – are now supported on the high-speed Near network, developers said in […]
Dapper, CoinFund Back ‘Space’ Metaverse Play With $7M Raise
Space Metaverse, a virtual world for arts and commerce, has raised $7 million from Dapper Labs, CoinFund, Animoca Brands and other investors. Space will use the funding to build and join various metaverses into one parallel society and “build the economic backbone of the metaverse,” according to a press release. Other notable investors included investment […]
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
Micro ether futures contracts introduced on the Chicago Mercantile Exchange (CME) earlier this month are off to a slower start than the bitcoin equivalents that began trading in May. Derivatives giant CME launched the ether versions on Dec. 6, opening the door for traders of all sizes to hedge their exposure in the native token […]
Under Armour Steps Into the Metaverse With ‘Wearable’ Steph Curry Sneakers
Golden State Warriors star guard Stephen Curry is partnering with sports apparel brand Under Armour on an NFT drop to celebrate his new record as the NBA’s all-time top three-point shooter. In honor of this record-breaking shot, the collection will feature 2,974 non-fungible tokens that are digital replicas of the Under Armour-made “Curry Flow 9″ […]
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