How Bitcoin investors can avoid tax fraud

A new Bitcoin backed yield dollar from Ren and UMA enables liquidity mining for BTC holders. Trustless cross-chain bridge Ren and permissionless synthetic asset platform UMA have teamed up to launch a Bitcoin-backed yield dollar called uUSD, in addition to a joint liquidity mining reward program.The partnership will result in a product that allows investors…

Move, an options contract which tracks Bitcoin’s (BTC) daily volatility, recently saw a 25% 30-day trading volume increase on the crypto derivatives platform, Delta Exchange.According to an announcement which Delta Exchange sent to Cointelegraph on April 16, Move contracts worth $8 million were traded on the platform over the past 30 days. The platform also…

By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become "a diverse money management hub." 419 Total views 25 Total shares Indonesian tech company PT GoTo Gojek Tokopedia Tbk (GoTo) bought PT Kripto Maksima Koin, a local crypto exchange, in a bid to diversify its assets. The deal makes a landmark in…

Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states. 614 Total views 3 Total shares Cryptocurrency lending firm Genesis Global Capital and other crypto firms are under investigation by securities regulators in the United States, according to reports on Nov. 25. Joseph Borg, Alabama Securities…

A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans.According to research from trust-gauging organization published on March 2nd, scams averaged about $3,000 in losses for businesses and charities within Canada and the United States.The usual tactic, the study…

South Korean legislature will host a seminar to address crypto laundering and other related topics. 591 Total views 23 Total shares The South Korean National Assembly will host a talk titled "How to boost transparency in cryptocurrency transactions" on July 10. This news comes amid a recent child porn scandal that involved crypto transactions.According to…

Performance remains grimly sideways on the day of the largest GBTC unlocking event. 738 Total views 3 Total shares Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader hopes for last-minute BTC price volatility Data from Cointelegraph…

The Algorand Foundation announced that its blockchain platform is now certified for Sharia-compliant financing.According to a press release on Oct. 21, Islamic institutions can now start using the proof-of-stake Algorand blockchain for economic exchange, stating:“Islamic enterprises will now be able to realise new business opportunities on a platform that is congruent to their finance guidelines.”Although…

The IOTA Foundation has announced the Smart City Hackathon sponsored by French global automobile manufacturer Groupe Renault, Cointelegraph auf Deutsch reports Feb. 25.At the hackathon, participants will compete by using new technologies to solve inter-city problems submitted by corporate partners. Contestants will use distributed ledger technology (DLT) to develop more efficient transport, energy grids and…