New Zealand introduces OECD crypto reporting framework on new tax bill

Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch in its market.The token was issued in 2016 to refinance crypto exchange Bitfinex after it lost about $70 million worth of Bitcoin (BTC) in a hacking incident. In its…

Bitcoin (BTC) hit new month-to-date lows overnight into April 4 as fresh rumors over the biggest exchange, Binance, spooked fragile markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price returns to $28,000 after weekly loData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $27,240 on Bitstamp.Its lowest since March 28, the performance followed an…

One billion USDT will be transferred to the Ethereum blockchain, while another 20 million USDT will go to Avalanche. 1618 Total views 15 Total shares Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC-20 to Ethereum and Avalanche’s blockchain. In…

Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties. 469 Total views 3 Total shares Chinese e-commerce giant Alibaba is the next company to wrap its cryptocurrency-related services in response to the ongoing crypto crackdown in China.Alibaba officially announced Monday that its platform will prohibit…

Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023, but switched their approach to targeting individuals through fake high-salary job offers. 575 Total views 6 Total shares Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees.In an Aug. 7…

The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates. 269 Total views 7 Total shares The Bank of Japan (BoJ) has said that its Central Bank Digital Currency (CBDC), the digital yen, will not be used to help attain negative interest rates. The BoJ’s Executive…

An MIT startup focused on providing institutions better access to crypto trading technologies, recently secured millions in funding. 3979 Total views 51 Total shares Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities."It's becoming clear that sophisticated quantitative traders and platform developers are…

Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japan reported on the development on Jan. 11, quoting an official communique.Coincheck, which was hacked in January 2018, losing altcoin tokens worth $530 million at the time, now joins the slowly increasing…

Leading South Korean financial holding company KB Financial Group Inc. has been awarded a patent for a blockchain-based fintech app security solution, South Korean economic news outlets The Digital Times reports Monday, Oct. 15.KB Financial is reported to have over $342 billion in assets under management and presides over multiple overseas and domestic subsidiaries, among…