PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
A $1,000 MetaMask incident could turn Ethereum’s staking queue into a $5 billion traffic jam
MetaMask's precautionary validator exits are turning a roughly $1,000 reward diversion into a test of Ethereum's staking capacity....
SecondFi offers $8 for every unrecoverable NFT lost in $21M hack
Cardano wallet firm SecondFi finally launched a recovery portal for victims of the neo-finance platform’s $21 million hack, but wi...
Coinbase Pro Returns With Deribit, Unlocking $30B Bitcoin Options Liquidity
Key Takeaways: Coinbase Pro returns with Spot, Futures, Perpetuals, Options, and Equities by the end of the year. Deribit is upgra...
Grayscale Adds BitGo To Hyperliquid Staking ETF Custody Setup
TL;DR: Grayscale has added BitGo Bank & Trust as an additional custodian for a portion of the HYPE held by its Hyperliquid Staking...
XRP ETFs now hold $1.7 billion but took in just $4M last week
XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the p...
Pudgy Penguins’ parent firm shuts down its own blockchain
Pudgy Penguins’ parent company, Igloo Inc, announced the shutdown of Abstract Chain after “losing tens of millions of dollars over...