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Major crypto service shuts down amid market slump

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Image accompanies the article at Yahoo Finance. No description was extracted from the source.

The past few months have not been kind to the crypto industry.

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Summary

As the industry is still trying to come to terms with the year's largest DeFi hack at Kelp DAO, another platform has announced it is shutting down. Netrunner is a Solana (SOL) tax tool that turns on-chain activity on the blockchain network into clean, ready-to-file tax reports. An AI-powered tool, it automatically categorizes swaps, staking, perpetuals, non-fungible tokens (NFTs), liquidity pools, airdrops, stablecoin yield farming, and other activities on more than 46 Solana protocols such as Raydium, Magic Eden, etc. It generates IRS Form 8949 for capital gains and losses, Schedule D for your tax return summary, and Schedule 1 for crypto income like staking rewards and airdrops.

Read full article at Yahoo Finance →