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“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. Source: https://cointelegraph.com/rss Australian Tax Office says it can't rely on crypto users' own records
Blockdata’s report suggests that the Bitcoin network could potentially match the dollar value transferred on Mastercard’s network as early as 2026, or as late as 2060. Source: https://cointelegraph.com/rss Bitcoin overtakes Paypal on value transferred, sets sights on Mastercard: Report
Celsius CEO Alex Mashinsky said that the oversubscribed $750 million funding round was a “very good indication” of the strength of the company’s lending and yielding brand. Source: https://cointelegraph.com/rss Celsius expands funding round to 0M, tips B to B valuation in 2022
The attack is the latest in a long string of exploits targeting users on Discord with fake “stealth” NFT drops. Source: https://cointelegraph.com/rss Animoca to repay users 265 ETH stolen in fake NFT drop Discord hack
The country saw a great influx of miners this year, but it might have to sacrifice the immense tax revenue from Bitcoin miners if power grid issues are not resolved. Source: https://cointelegraph.com/rss Bitcoin mining power crunch: Kazakhstan looks toward nuclear solution