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Australian Taxation Office to Focus on Capital Gains From Crypto Assets


The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their...

Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale


De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.”...

Bitcoin Miners About to Be Hit With Record Difficulty as Profitability Drops


  Work is about to become harder for Bitcoin (BTC) miners, as mining difficulty is set for another all-time high (ATH) in a matter of hours, which will be the second one in a row, once again cutting into the already decreasing profit margins of miners. ... Read More: Bitcoin Miners About to Be...

Biggest Movers: LUNA Falls to 6-Week Low, as ALGO Surges 15% on Saturday


Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO) ALGO was easily one of the biggest gainers during...

Ethereum Stuck Around $3K; Will ETH Record a Bull Run Soon?


Ethereum price trends over different time frames offer different perspectives. Based on the charts, it is the best time to hold ETH. However, the market share of ETH’s competitors is seen to be rising, or is Ethereum just taking a much-needed break before the next big bull run? Well, if we take...

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