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Zilliqa, a layer-1 block chain , and GMEX Group have launched ZERO13, a carbon offset platform for users to act against climate change and engage with corporate environmental initiatives. ZERO13 will leverage Zilliqa to issue tokens that represent carbon credits.  When customers buy goods or services from Zilliqa’s partners, they’ll get tokens to support environmental projects and offset their carbon footprint. GMEX Group will carefully choose and verify these projects to ensure they positively impact the planet. You might also like: Zilliqa jumps 5% amid Google Cloud ‘strategic alliance’ ZERO13 is tapping into the blockchain to offer customers a transparent and secure real-time platform to monitor and offset their carbon emissions.  The platform will also establish a new market for carbon credits that allows customers to trade or donate them to their preferred environmental causes. This circular economy will inspire customers to decrease th...

Reporting cryptocurrency when filing taxes can help investors offset their losses. 2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022.  Detrimental losses such as these are often concerning for crypto investors, yet there may be a silver lining behind decreasing assets for investors reporting crypto on their taxes. Lisa Greene-Lewis, a certified public accountant at TurboTax, told Cointelegraph that while crypto investors made huge gains in 2021, this changed drastically in 2022. “We have seen a crypto winter occur, and TurboTax wants to help investors cope with their losses,” she said. According to Greene-Lewis, tax-loss harvesting is the most important notion to keep in mind when it comes to saving money when filing taxes. She said: “With crypto, you can offset gains with losses. Any leftover losses can be offset up to $3,000 against ordinary income like wages. Los...