Coin Prices


AD

News Explorer — Draft IRS Form Raises Concerns That U.S. DeFi Users May Have to Disclose Self-Custody Wallets

Generated by AI, curated by humans


Apr 23, 9:15 pm
Decrypt

Draft IRS Form Raises Concerns That U.S. DeFi Users May Have to Disclose Self-Custody Wallets

The release of a draft IRS form has caused concern in the crypto industry, as it suggests that American DeFi users may have to report their self-custodial wallet addresses to the government. The form, Form 1099-DA, will become mandatory in 2025 for crypto transactions sourced from a broker. The inclusion of a box for "Unhosted Wallet Provider" on the form indicates that the IRS may classify DeFi protocols as brokerage firms, potentially compromising user privacy.

Latest

May 3, 10:32 pm
Decrypt

Grayscale Bitcoin Trust ETF Breaks 11-Week Streak With $63 Million in New Cash

Read Summary

May 3, 7:54 pm
Decrypt

Nyan Heroes, a Team-Based Solana Shooter, Is Coming Back Online With CATNIP Points

Read Summary

May 3, 6:47 pm
Decrypt

Here's Everything You Need to Know About Orange, The Decentralized Identity System from MicroStrategy

Read Summary

May 3, 6:00 pm
Decrypt

MicroStrategy Shares See Deep Correction Amid Bitcoin Price Dip

Read Summary

May 3, 5:50 pm
Decrypt

Saga's ‘Power-Level Over 9,000’ Airdrop Campaign Expands Token, NFT Rewards

Read Summary

May 3, 4:44 pm
Decrypt

$100 Million In Crypto Short Positions for Crypto Have Been Liquidated

Read Summary

May 3, 2:30 pm
Decrypt

Bitcoin Price Surges After U.S. Jobs Report

Read Summary

May 3, 11:43 am
Decrypt

The Friend.tech Airdrop Isn't Going Well, With Confusion Over Claims and Clubs

Read Summary

May 3, 7:51 am
Unchained Crypto

Block Q1 Earnings: Stock Rises After It Pledges to Use 10% of Bitcoin Profits to Buy More BTC

Read Summary

May 2, 10:01 pm
Unchained Crypto

Eigen Foundation Adds 100 EIGEN Tokens to Planned Airdrop Amid Criticism

Read Summary

May 2, 9:36 pm
Decrypt

Jito Network Rises to the Top of Solana DeFi With $1.04 Billion Total Value Locked

Read Summary

May 2, 9:20 pm
Decrypt

Former FTX Executive Raises Eyebrows With $1.5 Million Purchase of a Gold Watch from the Titanic Disaster

Read Summary

May 2, 6:39 pm
Decrypt

U.S. Senator Elizabeth Warren Says Iran's Cryptocurrency Mining Operations Finance Terrorist Groups

Read Summary

May 2, 7:19 am
The Block

LayerZero Airdrop: Team Takes First Snapshot Ahead of Token Launch

Read Summary

May 1, 11:54 pm
Decrypt

Build on Bitcoin Launches First Phase, Enabling Dapps to Interact With the Top Blockchain

Read Summary