News about CRYPTO LOSSES

News about Crypto Losses

Ethereum Bears the Brunt of 2024 Crypto Losses: 51% Tied to Its Ecosystem

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How Crypto Losses Can be Used to Offset Your 2024 Tax Bill

Cryptocurrencies are going through a very good period right now, and some people are likely to walk away with a nice return on their investment as 2024 draws to a close. But this is also good news for the IRS when it comes time for your next tax bill...

Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K - CoinDesk

Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K& & CoinDesk

Crypto Losses from Hacks Surpassed $313 Million in August

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Crypto losses to hacks exceed $313M in August.

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Crypto Losses Fall To A Record Low Of $15 Million In August – Details

In August 2024, the crypto ecosystem has experienced its least monthly losses of the year. However, this development which can be quite encouraging for potential investors is accompanied by increasing year-to-date (YTD) losses which indicate the nasc...

Crypto losses due to hacks and scams surpass $1 billion year-to-date: Immunefi

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2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion

Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024. According to the latest Bitget research study, these losses are expected to continue rising if no regulatory intervention is introduced to...

Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms

In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $52.4 million. During the same period last year, digital assets worth $59....

Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms – Security Bitcoin News - Bitcoin.com News

Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms – Security Bitcoin News& & Bitcoin.com News

Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined

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Crypto Losses Mount As Hacks And Rug Pulls Skyrocket In 2024, Report Finds

The ongoing bull run in the crypto market has brought soaring prices, fueled by regulatory breakthroughs and significant events like the Bitcoin (BTC) Halving and approval of crypto exchange-traded funds (ETFs) in the US and Hong Kong. However, along...

Crypto losses caused by exploits fall 141% in April: CertiK

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Protocol Village: Crypto Losses From Hacks, Rug Pulls Up 15% YTD, Immunefi Says - CoinDesk

Protocol Village: Crypto Losses From Hacks, Rug Pulls Up 15% YTD, Immunefi Says& & CoinDesk

Peckshield Report Reveals Decline in Crypto Losses Despite Persistent Threats in 2023

Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a significant...

How to manage crypto losses on tax returns in the US, UK and Canada

Unlock the complexities of cryptocurrency taxation and learn how crypto losses impact your tax liability in the United States, United Kingdom and Canada. Cryptocurrenc...

Sex pest blames underwear perversion on crypto losses

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Discord and Twitter hacks result in crypto losses of $6m

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Bitcoin BTC Price Drops to $25K as Solana SOL, Ripple XRP, Arbitrum ARB Lead Crypto Losses - CoinDesk

Bitcoin BTC Price Drops to $25K as Solana SOL, Ripple XRP, Arbitrum ARB Lead Crypto Losses& & CoinDesk

Sim Swap Threats Rise As Crypto Losses Cross $13.3 Million In Four Months

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???? HashingBits: Unveiling Crypto Losses and Daring Exploits of the past week!

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Tax law researchers propose IRS framework for deducting crypto losses

A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned. Researchers at Indiana Univers...

Why you should report your 2022 crypto losses on your taxes (you can save a ton of money)

‘I don’t need to report crypto on my taxes because I didn’t take profits last year.’ I hear this pretty often both IRL and on Reddit, and it’s important to remember that this statement is a bit of an oversimplification. It’s true that you don’t need...

Why You Should Report Your Crypto Losses

As a crypto tax law firm, we have a ton of people come to us with this question: "I only had losses last year, do I still need to report them on my taxes?" Lets break down why it's so important to report crypto losses. It's importa...

73% less Bitcoin millionaires than a year ago, as crypto losses top $2 trillion in torrid 2022

Key Takeaways Cryptocurrency industry was valued close to $3 trillion entering 2022, now it is $800 billion& There are 73% less Bitcoin millionaires after 2022 Bitcoin has pulled back 75% from its all-time high of close to $69,000 25% of the bi...

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