Australian Treasury solicits feedback on Bitcoin tax exclusion
The general public gets 25 days to voice their thoughts on the suggested legislation by the Australian Treasury ministerial department. Australian Treasury ministerial department came out to the public for feedback on proposed legislation that, if implemented, would exempt cryptocurrencies from being taxed as a foreign currency. Assistant Treasurer Stephen Jones underlined the Australian government’s […]
Poolin halts withdrawals, trouble ahead?
Poolin, a mining pool based in China, announces that it had temporarily suspended wallet withdrawals due to cash flow issues. Given Poolin’s massive scope, the withdrawal freeze could prove to be a devastating blow to the cryptocurrency ecosystem as a whole. As of December 2017, the mining pool was responsible for 10.4% of the total […]
$100,000,000 Ancient Bitcoin Whale Makes a Move
OKLink , a blockchain explorer, has shown that in 2013, 5,000 BTC (about $100 million) were transmitted to Kraken from a Bitcoin whale address.You can learn more at https://u.today/ancient-bitcoin-whale-moves-100-million. The most recent recorded activity for this address dates back to May of 2021. In the last few weeks, a large number of whale wallets have […]
FTX To Suspend LUNC, USTC Deposits And Withdrawals, Delist ANC
Trading in cryptocurrency derivatives On Monday, September 12 at 14:00 UTC, FTX announced it would stop accepting deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC). On September 12th, FTX will stop supporting the Anchor Protocol, delist ANC, and halt trading in ANC spot and futures. FTX suspends LUNC and USTC deposits and withdrawals […]
Top Mining Pool To Support Ethereum Classic (ETC) After The Merge
As the Ethereum network transitions from proof-of-work (PoW) to proof-of-stake (PoS) during the Merge, blockchain explorer and mining pool BTC.com has added support for Ethereum Classic (ETC). The mining pool, BTC.com ETC Pool, has launched with “zero-fee” mining for three months. Before the Merge, BTC.com Debuts ETC Mining Pool According to the Ethereum The Merge […]