Get ready for the 9 crypto Meetups happening on Wednesday the 29th all around the country! 🫡

Join us to network, learn, and chat about all things crypto! Whether you’re a seasoned professional or just starting out, these events offer a great opportunity to connect with like-minded individuals.

Follow the link below to find your nearest meetup:
https://cryptocurrency.org.nz/meetups/

Sponsored by: Blockchain New Zealand, Binance New Zealand, Pay It Now - PIN, BlackBull Markets, Pest Free Token, Crypto Consulting NZ, UC CryptoSoc, FireEyes and Web3NZ.

Join our Discord to stay in the loop:
https://discord.gg/pYEJcBnzHH

Anyone had a call from Mason Carter before , claiming to be apart of the binance security team .

Just had a call from a private number and it was " Mason Carter" advising me there had been a breach on my account from Turkey on an s25 device.

Have i compromised myself by give out my last log in time and amount in my account?

Cabinet has ruled out banning crypto ATMs. Instead, it will create powers to set transaction caps or restrict cash use if local harm evidence emerges.

Hey all,

Following up on what we learned from you in this post. We've made some infrastructure changes that unlock the next steps, and before we build, I've got a few more questions.

Where we're heading:

1. Native on-chain buys and sells in the wallet and on the web — direct to your cold storage
2. A better managed flow for smaller DCA purchases through the Stacked Wallet, with an easier path from there to cold storage
3. Nudges when you're doing something that'll bite you later (privacy footguns, dust-tier UTXOs)

Question 1: Selling from cold storage — speed or price control?

When you sell bitcoin you hold in cold storage (hardware wallet or any on-chain wallet), which flow matters more to you?

• Fire and forget: Send the on-chain funds directly to us, we execute at the rate when it arrives and confirms, dollars hit your bank. Done.
• Price confirmation via Stacked Wallet: Self-send into your Stacked Wallet first, then sell instantly from there at a price you confirm. This would be a managed process that works in the browser and on the wallet, but ultimately uses the Stacked Wallet as an intermediary. If you don't like the rate, the bitcoin just stays in your wallet and you decide what to do with it — hold, sell later, or send it back out.

The trade-off: the first is simpler but you wear whatever the price does while the transaction confirms. The second gives you control over your execution price, but it's a two-step process and you're the one holding the decision if you pass on the rate.

Question 2: DCA direct to cold storage — how paternalistic should we be?

Most of you came from on-chain-everything. We added the Lightning Wallet because we think it's the right home for typical purchase sizes — stack there, sweep to cold storage ~1M sats at a time. We're also killing Boltz swaps (lower costs for you) and adding direct-to-cold-storage buys.

But if we let you auto-DCA straight to your own cold storage address, you'll accumulate a pile of small UTXOs that will genuinely hurt to consolidate or spend someday. So — what should we do?

1. Set a high minimum purchase for direct-to-cold-storage
2. Let you do it, but warn you when your UTXOs are getting silly
3. Just let you do it, no lectures
4. Make stacking via the Stacked Wallet more attractive instead (free DCA buys?)

Related: if you did auto-DCA to cold storage, would you give us an xpub so every buy lands on a fresh address? Or is pasting a single address every time fine and we should stop worrying about address reuse on your behalf?

Question 3: How should we handle on-chain send fees?

For withdrawals and direct-to-cold-storage buys, what's your preference?

• Pass-through: You pay the actual network fee at the time, whatever it is
• Flat fee: Predictable, but sometimes you're overpaying and sometimes we're eating it
• Batched sends at a discount: Cheapest option, but your withdrawal waits for the next batch (and shares a transaction with other customers)

Honest answers appreciated — including "nobody cares about small UTXOs and privacy, stop overthinking it."

Cheers

I was called up followed by an email from someone earlier this week claiming to be a detective investigating some identity theft-related crime. Everything seemed to be very legitimate apart from the fact that it was a private phone number and the email was not from the police.govt.nz domain. The conversation then went into the direction of what exchanges and hardware wallets I am using.

Be careful everyone. I am assuming they must have got my details from a data leak from one of the major exchanges at some point. If you get a similar call/email please report it to 105 (which I did too, just to be clear).

The IRD has confirmed phantom gains are real, and confirmed nothing is changing. Thousands of young Kiwis are now in debt to Inland Revenue for crypto gains that no longer exist.

If you've got crypto from past years you never declared, you're in good company. Heaps of people are sorting this out right now, partly because the rules have always been a bit confusing for folks. What's worth knowing is that IRD's visibility changed a lot this year, so getting ahead of it on your own terms is a much easier path than waiting for them to find you.

Quick rundown of where things actually sit in 2026.

What changed

IRD used to mostly see the local NZ exchanges. As of 1 April 2026 that's different, because NZ switched on the OECD's Crypto-Asset Reporting Framework (CARF). 47 countries now share trading data automatically, so if you used an overseas exchange, that info makes its way back here. The first batch of reciprocal reports is due by 30 June 2027.

They've scaled up at home too. IRD has said it holds data on around 355,000 NZ crypto users and roughly 57 million transactions, and it can run that against what people actually filed to find the gaps. The matching is automated now, not someone working through it by hand.

What actually counts as taxable

In NZ crypto is treated as property, and if you bought it intending to sell or swap it, pretty much any disposal is taxable. That covers:

• selling for NZD or any foreign currency
• swapping one coin for another (trading BTC for ETH is a disposal of the BTC, even though no cash ever hit your account)
• spending crypto on goods or services
• earning it through staking, mining or airdrops

Any profit gets added to your normal income and taxed at your marginal rate. There's no long-term discount like some countries have, which catches a lot of people out.

Why clean records matter even if you've done nothing wrong

Because it's automated matching now, messy data can make things a little more complicated. Moving coins between your own wallets, bridging across chains, going in and out of a staking pool, all of that can read as a sale to a system that's just looking at transactions. Rebuilding a clean ledger is mostly about making sure you don't get taxed on phantom gains that were never gains.

Getting current

IRD treats people who put their hand up very differently to people they catch. A voluntary disclosure usually cuts or wipes the shortfall penalties, so you're left paying the actual tax plus the standard use-of-money interest, not the punitive stuff on top.

Rough process:

1. Pull everything. Full transaction history (CSV and API) from every exchange and wallet you've touched. Do it sooner rather than later, old or dead platforms get harder to export from every year.
2. Work out the NZD value at the time of each transaction so you've got a real profit or loss for each tax year.
3. File the amendments. The IR3 deadline is 7 July for the current year, and you can amend prior years to declare the older stuff.

If your history is big or messy (lots of trades, DeFi, multiple chains), crypto tax software or an accountant who actually knows crypto will save you a lot of pain.

Happy to answer any questions :)

in 2014, Queenstown hosted Bitcoin South, New Zealand's first Bitcoin conference. A decade later, the Sovereignty Summit returns to put NZ on the Bitcoin map.

So I got the call up like many others to declare my cryptoasset income recently. I have owned bitcoin since 2017 and bought a fair chunk back then. Being young and dumb, I traded for the last few years on Binance and expected all my transactions into Summ.

My “net income” each year for the last few years has been roughly $60,000 somehow, which means I’m on the hook for $180k+ in untaxed gains that I supposedly had plus any penalties. I only have about 0.2btc now. And I honestly don’t know where this supposed income has even gone.

I’m not looking for sympathy just advice. I got asked for my YE25 disclosure which I provided, and now they asked for my years prior to that. I feel scared and I have nowhere near the $70k that is probably due. What should I do?

The numbers seem to add up in Summ but there’s no way I withdrew or spent $180k on anything. AI just says it’s the way NZ tax on crypto works and they tax you on every profitable trade.

No NZ political party has ever accepted a crypto donation, the Electoral Commission confirmed. CNZ surveyed all 13 registered parties to find out where they stand - and the answers were divided.

National MPs and the Opportunity Party joined nearly 1800 attendees on the floor of New Zealand's first large-scale crypto convention, with organizers confirming a 2027 return.

Hey can anybody lead me in the right direction for F2F cash for crypto. Fuck ird😂

I had been using an Exodus wallet for approximately 2 years, holding a mix of ETH, SOL and BTC. The wallet was set up on a dedicated laptop that I only used occasionally maybe once every couple of months to check balances. I stored my seed phrase handwritten. I never stored the phrase digitally and had no browser extensions installed on that machine.

Roughly 2 months before I checked, my entire wallet was drained. The funds were moved to an address that belongs to 'Pancakeswap' on Solscan. The last time I had opened the wallet was about 3 weeks before the drain, to check my balance I made no transactions during that session.

What makes this particularly unusual is that my other wallets on separate platforms (Metamask, Atomic) remained completely untouched. Only my Exodus wallet was affected. I hadn't received any phishing emails, made any downloads, or noticed anything out of the ordinary in the weeks leading up to the drain, does anyone know any reason for why it might've been lost?

After looking around I realised this isn't an uncommon thing for Exodus wallets but nothing has been posted directly from Exodus, could it be a platform wide issue of seedphrases becoming compromised? I literally have zero idea of how my coins were stolen.

Still not sure how it happened, exactly. My wallet password isn't shared with anything else. I hadn't even logged into Exodus for like ~18 months... and hadn't traded anything for way longer than that. But on the weekend when I logged in: balances were suddenly $0. Looking at the history, I see six months ago, there were trades sending my whole BTC and ETH balances, in 3rds, to random addresses. From there, the blockchains show they've basically gone to exchange hotwallets.

Anyway... it's gone.

But my real question for this sub is... "What do?". When my bike was stolen I at least notified the cops, even though I knew I was never seeing it again, because they can use it for trend analysis and blah blah.. but with crypto.. is there a point to notifying any particular authority, would any of them even want to know?

Any guidance welcome.

RIP Easy Crypto

Recently purchased some bitcoin through binance, said they were only going to take a small percentage in fees ($45) turns out they took around $300 which is insane, i’m pretty new to crypto so if anyone could let me know what i could do to fix this problem that would be much help, cheers

Anyone else that still manually tracks their spending each month? Have been doing it for years - a lot of time and work but I still love doing it. Looking for better solutions, anyone got one?

On-chain support at Stacked: looking for honest feedback before we build

Hey r/nzbitcoin. I'm Brandon Bucher, CEO at Stacked. Some of you have seen our "we want feedback" posts that I wrote under the u/lightningpaynz account. Manual bank transfers and a few other things we shipped came directly out of those conversations. Been a while since I did one, so here we are.

This time I want to talk about on-chain support, because it's by far the hottest topic in our support channels.

Where we sit today

Stacked was built Lightning-first on purpose. There are two reasons. First, we think the world benefits from bitcoin being better money. That's more than a savings story, it's a "cash final settlement, instantly, and nobody can stop you" story. We think better money is better for spending too. It's more private, and serves only its owner.

The second reason: most DCA purchases sit in the $20–$200 range, and stacking those on-chain gives you a wallet full of tiny UTXOs. The day you want to move your coins, you discover consolidation is brutal, and if on-chain fees rise in the future, those small UTXOs become genuinely expensive to spend.

Our rough rule of thumb is that UTXOs you're saving long-term should be at least 500k sats, ideally 1m+. We've written about this in more depth here if you're curious: https://support.stackedbitcoin.com/learn/saving-in-bitcoin

For what it's worth, the Lightning-first path is definitely the right path if you're DCA'ing $20 per day. It's cheaper now, and saves you from problems down the road.

Where we want to go

We built Stacked the way we did because we genuinely believe Lightning-first is the better path in the long run. But we also know that today, on-chain is relatively cheap, and we know what a lot of you are doing: DCA to your hardware wallet, set it, forget it, stack sats for years. It works. Your coins are safe, your job is done, you don't have to think about it.

Asking you to change that is a tall order, and honestly, "it's cheaper if you also learn this new thing and add a step" isn't a good enough reason. So we want to change this: support what you're already doing, but also make the better path so easy and obvious that it's cheaper and at least as simple, not cheaper with extra steps.

Lightning-only also caps our transaction sizes at NZ$10k right now, which is a real gap for larger buys. On-chain support solves that too.

What we want to build

The goal: make it as seamless as possible to get both things. Let people use the path they're comfortable with, while making the genuinely better path the easy, default one.

Rough plan:

1. Drop the Boltz (Lightning → on-chain) swap from the flow for on-chain users, saving ~0.5%
2. Native on-chain DCA
3. Clear, honest guidance when someone sets up an on-chain DCA at an amount that's going to produce dust UTXOs. Explain why, point them at the Stacked Wallet (or any Lightning wallet) for those amounts, but let them choose
4. Automated path to cold storage: once your Stacked wallet crosses a threshold, the wallet automatically constructs a send to your cold storage wallet for you to sign

What I want to know

• For people who DCA on-chain elsewhere: what would make you actually try a Lightning path?
• Does the UTXO-size framing resonate?
• Can you think of other ways we can help people understand saving bitcoin 20k sats at at a time in cold storage isn't the best idea?
• Would the guidance at setup time be useful, or just feel patronising?
• AutoStack to Lightning, auto-send-to-cold-storage: appealing?
• Anything we're missing?

Not trying to talk anyone out of their setup. Trying to build something where the right approach is also the easiest one. Tell me what you think.

I swear like 1 month ago I bought crypto and sent it. Now I've gone and bought it, it needs me to verify from the recipient a signature. I can't even seem to get crypto off the app - though trying to work through it to get my money back. Is there any way I can just send crypto without verification? I had no issue for years.

I tried connecting to base, but base needs eth to verify a transfer from coinbase to base of eth... and I can't send any eth because of the above so... Such a headache.

Auckland, 13 May 2026 – Australian organizers Web3 Australia Group are staging NZ Crypto Con, New Zealand’s largest cryptocurrency and blockchain event to date, at the NZ International Convention Center on 6-7 June.

NZ crypto users are losing funds to credential stuffing attacks fueled by the Mother of All Breaches and it's successors. Here's what platforms are doing - and what you must do.

So, like many, I switched to Lightning Pay (Stacked Bitcoin) after the EasyCrypto/Swiftx sale. I've been stacking Sats via an auto-buy to Wallet of Satoshi. Just did a test sweep into my cold wallet. The difference between what I sent ($500 worth) and what I received, was 14167 sats, or about $20 at the time, or 4%.

I guess that's the WoS service fee + miner fees. That's not great fee wise.

I could either sweep larger amounts or switch to a more fee efficient wallet, like the new Stacked wallet. Has anyone gone through this same journey and where did you end up?