Category: Crypto Industry Insights
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French police bust $1.8m crypto villa scam targeting luxury sellers
French police dismantle $1.8M crypto villa scam targeting luxury property sellers French authorities have uncovered a high-end real estate scam involving cryptocurrency, arresting two suspects accused of stealing around $1.8 million in digital assets from a wealthy couple under the guise of a multimillion-euro villa transaction. The operation, led by the Gassin-Saint-Tropez gendarmerie, culminated on…
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Upbit denies role in open Usd stablecoin amid korean partners’ pushback
Upbit has firmly denied playing any role in issuing the proposed Open USD stablecoin, pushing back against claims that it had joined the initiative after being named as a participant by the project’s organizers. The South Korean exchange clarified that neither it nor its parent company Dunamu has agreed to issue, launch, or operationally support…
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How to track cost basis across multiple crypto exchanges and wallets over years
To track crypto cost basis across multiple exchanges and wallets over many years, you must standardize one inventory method, centralize every transaction from all platforms, reconcile transfers between wallets, and document special events. Use reliable crypto tax software for cost basis tracking plus secure backups, and review annually for consistency and errors. Critical cost-basis considerations…