Cointracker Tries to Make Sense of Chaotic Cryptocurrency Portfolios
*By Jacqueline Corba*
Keeping track of all your coins, wallets, and exchanges across multiple platforms can be daunting for the savviest cryptocurrency investors. That's why the San Francisco based start-up Cointracker is trying to make cryptocurrency more accessible by consolidating information in a single interface.
"Instead of having to manually enter in every single transaction you've ever done one at a time, you can connect your exchange accounts or your wallets with read-only access," said the company's co-founder Chandan Lodha on Cheddar's Crypto Craze. "It's totally independent from what other companies have done."
The software tracks digital currency across the top 14 exchanges, including Binance, Coinbase, GDAX, and others.
Cointracker's tax management tool is one of the most popular features on the platform, Lodha said. The tool allows users to manage their investments in one place, and the app can export a completed IRS form to make it easier to submit for tax reports.
The company is a graduate of Y Combinator's winter session, and it recently announced that it raised $1.5 million in seed funding. Lodha said he plans to grow his engineering team to build new features. One of his goals is to enable users to trade cryptocurrency from his platform.
For full interview [click here](https://cheddar.com/videos/how-cointracker-looks-to-bring-crypto-to-the-masses).
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce. The announcement follows similar moves by other tech companies that ramped up hiring during the pandemic while people spent more time and money online.
Tony Drake, CFP at Drake and Associates, LLC shares thoughts on whether the record gains in technology will broaden to other sectors, the risks of the Fed keeping interest rates higher for too long, and the health of the U.S. consumer.
The Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free using TurboTax — when many taxpayers did not qualify for such free offerings.
WWE’s weekly television show, “Raw,” will move to Netflix next year as part of a major streaming deal worth more than $5 billion. WWE, which is part of TKO Group Holdings Inc., said Tuesday that “Raw” will air on Netflix starting in January 2025.