On July 31, 2023, the Internal Revenue Service (IRS) released Revenue Ruling 2023-14, which addresses the US federal income tax treatment of cryptocurrency units (commonly referred to as coins or ...
Taxpayers must include the fair market value (FMV) of proof-of-stake validation rewards in their gross income for the tax year in which they gain dominion and control over the validation rewards, the ...
Crypto staking is a vital element of cryptocurrencies that use a “proof-of-stake” system for transaction validation. The potential reward varies widely, depending on the staking platform, the crypto ...
Staking coins in the crypto market is simply committing assets to the security of the network. As a reward for committing assets, stakers are paid a portion of the block reward that comes from ...
The Internal Revenue Service (IRS) has ruled that a cash-method taxpayer that stakes cryptocurrency native to a proof-of-stake blockchain is subject to tax on additional cryptocurrency it receives as ...
Explore the best ways to stake Bitcoin and earn yield in 2026. Compare native staking, liquid staking, and ...
Many of us have likely seen this social media meme in recent weeks. But, if not, some context: spouses across the internet have been perplexed to learn that evidently, their husbands think about the ...
Ethereum recently revamped its protocol from a proof-of-work to a proof-of-stake model. Industry analysts have predicted that this upgrade could triple current Ethereum staking yields. Here's how ...
There are more than 400,000 validators on the Beacon Chain, the foundation of Ethereum's future proof-of-stake network. Slots for new validators occur every 12 seconds to create a new block and send ...
In the swiftly evolving landscape of cryptocurrencies, one of the essential standards that investors ought to hold close is the consensus mechanism. Among the diverse strategies used to steady and ...
Ethereum staking just hit an all-time high, with roughly 36 million ETH, almost 30% of the total supply, now locked up securing the network. Launched in 2015 by Vitalik Buterin and a team of ...