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Nalezeno "Confusion": 254

IRS Crypto Tax Reporting Requirements Stir up Mass Confusion


Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades...

EA College Football Is A Perfect Storm Of Confusion For Xbox Fans


Last week, EA College Football 25 launched and people went wild, with the game already becoming one of the biggest titles of 2024. But some fans on Xbox, perhaps not as familiar with video games, are frustrated after buying the new college football simulator and discovering that it doesn’t play...

Web3 Importance Highlighted in Alex Tapscott’s New Book


A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...

Hackers Mislead Rocket Pool X Users with Bogus Contract Breach Claims


Followers of Ethereum-based staking protocol Rocket Pool’s X account have over the past 24 hours found themselves caught in a web of confusion. Hackers took control of the account and used it to spread misleading information about a supposed smart contract breach. From 6.30 UTC on Wednesday,...

Cryptocurrency and Taxes: A Guide for the 2023-2024 US Tax Season


Source: AdobeStock / Nuthawut If one thing in life is certain, it’s that we all have to pay taxes. Therefore, it’s important for cryptocurrency holders and investors to understand everything involved when it comes to crypto and taxes. This is becoming even more critical as digital assets gain...

Bitcoin ETF Confusion Abounds


The crypto industry can breathe a sigh of relief: It looks like a federal U.S. regulator will let the world's largest traditional finance asset managers and other firms list and trade shares of a vehicle giving retail and institutional investors exposure to the price of a decentralized, trustless...

Thai Government’s Digital Wallet Stimulus Plan Under Scrutiny


Source: AdobeStock / kikujungboy Has the Thai government’s plan to deposit money in citizens’ digital wallets received approval from the legal adviser? Depends on whom you’re asking. The confusion began on Sunday. According to The Nation, the Council of State has given its opinion...

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