July 1, 2023
2 min read
Dear users, we will support the Stellar Lumens (XLM) network upgrade.
For more information on the Lumens upgrade, please refer to the following:
On Saturday, June 3, 2023, our support team started receiving reports from users claiming unauthorized transactions from their wallets. The whole team was alarmed. We alerted users via our social media channels about a possible attack. Out of precaution we immediately halted all app downloads and updates, reached out to major exchanges and leading blockchain analysis companies and started an investigation. Since June 3rd, all members of the team have worked non-stop without days off, and we can say that no new cases have been confirmed since the initial reports.
In this guide, we are going to explore the 3 different methods you can use to prepare your crypto taxes, ranging from difficult to almost completely hands-off. Anyone considering not filing at all should reconsider, as tax authorities worldwide are increasingly pledging resources to catching those evading taxes on crypto gains. Mass audit tools are near, and the immutable blockchain means your transactions can be tracked back to your KYC'd exchange with ease.