Founded in 2019 by Sam Bankman-Fried, FTX was one of the top-five cryptocurrency exchanges globally. At its peak, it attracted names such as Kevin O’Leary, Shaquille O’Neal, Tom Brady, and Steph Curry. Seemingly everyone was talking about FTX, as the Miami Heat even named its arena after the exchange. Its collapse sent shockwaves through the
Navigating the FTX Collapse: Tax Implications
NFT Taxes US: The Expert Guide in 2023
The use of NFTs to buy and sell unique digital goods like digital art and collectibles has exploded in popularity. However, there are tax repercussions when purchasing and selling NFTs in the US, just like with other cryptocurrency transactions. In this regularly updated guide on NFT taxes, our tax experts explain everything about how NFTs
The Expert Guide to DeFi Taxes in the US [2023]
Remember when you thought crypto was tax-free? Yeah, neither do the tax authorities. As DeFi continues to grow, crypto investors should know that the gains from decentralized finance activities may come with a tax bill. The Internal Revenue Service (IRS) has increasingly shown interest in crypto tax compliance. With the frequent regulatory changes, staying up-to-date
How to Import Polygon NFTs Automatically with Accointing
The Accointing platform now supports automatic imports of your Polygon NFTs. Read on for a step-by-step guide on how this feature works, or watch our video tutorial instead. 1. Sign-in to your account. 2. Navigate to the Wallets tab and click on “Add new”. Select Polygon on the next screen. 3. Choose the “Recommended” automatic import option.
Automatic NFT Imports for Seamless Portfolio Tracking with Accointing
Do you find it time-consuming to track your NFT holdings across wallets manually? There’s now an easier way to manage your crypto portfolio and gain insights into your NFTs. We’re thrilled to introduce a new feature on Accointing that automatically imports NFT data from select wallets. With the automatic NFT imports, you can use Accointing’s