How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk
Imagine someone who bought ETH for $1,000, watched it climb to $4,000, and now wants to cash out $1,000. Selling one-quarter of the ETH would provide the cash, but it would also realize a $750 gain under US tax treatment of digital assets held for investment. However, DeFi offers another way. The owner can deposit […]…
Coins in this story
Discussion
Related stories
A major outage and corporate backlash hit Robinhood Chain at the peak of its growth
Robinhood Chain’s rapid growth ran into two problems at once on Sept. 4 as the network briefly stopped producing blocks while AMC challenged its fast-growing Stock Token business. On Sept. 4, the Ethereum layer-2 network halted block production for at least 14 minutes, stalling transactions before activity began…
TikTok's Parent Company Just Borrowed $30 Billion to Go All-In on AI
Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.
G7 Warns Quantum Threat Demands Action as Crypto Industry Weighs Fixes
The group is urging organizations to adopt post-quantum security before powerful computers can compromise today’s encryption and digital signatures.