CryptoCurrency News: IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog

Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights.

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CryptoCurrency News: Hodlers Can Donate Crypto to Charity to Minimize Tax Payments

Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations.

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CryptoCurrency News: Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’

Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class.

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CryptoCurrency News: Crypto Taxes: Still Confused After All These Years

Many tax professionals claim the recent guidance didn’t provide much clarity and created more confusion than it dispelled.

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CryptoCurrency News: Blockchain Bites: DiDi to Trial the Digital Yuan and a Look at Chainlink’s Gains

The "Chinese Uber" will join the nations CBDC project, TikTok threw Dogecoin a treat and Nexo tapped Chainlink.

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CryptoCurrency News: Introducing the CoinDesk 20: The Assets That Matter Most in Crypto

Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.

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CryptoCurrency News: Crypto Tracer Chainalysis Raises $13M as It ‘Doubles Down’ on Government Ties

Chainalysis is also adding former Treasury Department official Sigal Mandelker on as an advisor.

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CryptoCurrency News: Blockchain Bites: It’s Never Been Harder to Mine Bitcoin

Bitcoin's mining difficulty is at a record high, Singapore's CBDC may find commercial use and Chinese companies are going in on Filecoin.

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CryptoCurrency News: Polkadot’s Inaugural Vote Could Expand DOT Supply by 1000x

The first vote on Polkadot will be to see whether the DOT supply should be redenominated by a "logical" 100x or even by 1000x.

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CryptoCurrency News: Bitcoin News Roundup for July 13, 2020

With BTC mining difficulty reaching a new record high, CoinDesk's Markets Daily is back with your bitcoin news roundup!

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CryptoCurrency News: World Bank Investigates Smart Contracts as Financial Tools, With Mixed Results

The World Bank has looked at the benefits of smart contracts and found the blockchain instruments to be a "limited" financial tool.

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CryptoCurrency News: SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps

The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.

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CryptoCurrency News: Version Control Can Help the Media Win Back Reader Trust

By committing content to a blockchain, news outlets can reassure readers that what they are reading is what the outlet originally published, says our columnist.

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CryptoCurrency News: Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8

Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.

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CryptoCurrency News: Compound Tops $1B in Crypto Loans as DeFi Farmers Keep Digging for Yield

Yield farming continues to push Compound to new heights. On Monday, the lending protocol topped $1 billion in loans issued.

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CryptoCurrency News: Drop in Bitcoin ‘Whale’ Addresses Suggests Market May Be Decentralizing

The number of bitcoin addresses holding at least 10,000 coins has dropped to 14-month lows alongside an uptick in lower-value addresses.

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CryptoCurrency News: First Mover: Twelve-Fold Gains for Aave’s LEND Token Might Be More Than DeFi Hype

Collateral deposits in Aave are up nearly $160 million over the past six months, suggesting actual usage rather than speculation.

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CryptoCurrency News: Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving

Two months after the network's halving event, it's harder than ever to mine bitcoin.

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CryptoCurrency News: Singapore’s Central Bank Eyes Commercial Role for Its Blockchain Payments Tech

Project Ubin has completed its last development phase and is now being considered as the basis for commercial digital currency ventures.

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CryptoCurrency News: A Rare Glimpse Into How Crypto Is Really Used in Venezuela

After airdropping cryptocurrency to 60,000 users in Venezuela, AirTM survey results suggest how crypto is really used in the economically troubled nation.

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CryptoCurrency News: Crypto Lender Nexo to Enter Prime Broker Race, Enlists Chainlink for Audits

Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations.

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CryptoCurrency News: Tether

Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called “Realcoin”, valued each token at $1.00 to reduce the friction of moving real currency throughout the cryptocurrency ecosystem. Due to its dollar peg, Tether and other similar cryptocurrencies have been dubbed “stablecoins”. […]

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CryptoCurrency News: Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days

Equities continue to beat bitcoin’s performance, but everything is making gains Monday.

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CryptoCurrency News: Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading

The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU.

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CryptoCurrency News: CoinSwap and the Ongoing Effort to Make Bitcoin Privacy ‘Invisible’

Developer Chris Belcher has set his sights on making CoinSwap a reality – a new project he hopes will "massively improve bitcoin privacy."

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