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).
Squeezed by painfully high prices for two years, America’s households have gained some much-needed relief with inflation reaching its lowest point since early 2021 — 3% in June compared with a year earlier — thanks in part to easing prices for gasoline, airline fares, used cars and groceries.
A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt competition.
Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.
Amazon is expected to pull in about $7 billion in revenue during this year's Prime Day, according to projections. Cheddar News took a peek at some of the top-selling items and what operations look like at one of its plants.