Day: January 3, 2024

IRS Rules for $10K+ Crypto Transactions

The U.S. Internal Revenue Service’s (IRS) new reporting requirements for cryptocurrency transactions over $10,000, effective in 2024, present significant challenges for compliance. Stemming from the 2021 bipartisan infrastructure bill, these rules aim to tighten tax reporting in the digital asset sector. The legislation mandates that crypto brokers report comprehensive transaction details, including the sender’s personal […]

The Sei Network

The Sei Network, a trading-focused blockchain launched in August 2023, has been gaining remarkable traction in the cryptocurrency world, driven largely by its EVM compliance and innovative parallelization process. Over the past week, the network’s native SEI token has experienced a significant surge, recording over 75% gains, indicating a growing interest and confidence in its […]

Pandoshi

Pandoshi is an ambitious endeavor aimed at creating a decentralized suite of products that cater to the diverse needs of the DeFi landscape. This ecosystem encompasses a Network, a Decentralized Exchange (DEX), a Wallet, and an array of other decentralized applications. The project extends its innovative reach to decentralized Metaverses and educational platforms, thus enriching […]