*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).
Stocks fell after the opening bell Friday but will end on another positive week.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
Taylor Swift grossed nearly $2 billion this year, according to Billboard.
A study from US News and World Report has found the most affordable place to retire is in Ohio.
Millions of households could see higher internet costs next year as the affordable connectivity program could end.
Viveca Chow, NYC lifestyle expert, spoke with Cheddar News to provide tips on how to have some festive fun in the city on a budget.
Apple announced that it's releasing an iPhone security update to prevent attackers from acquiring users' private passcodes.
Load More