Key Takeaways The Australian Taxation Office (ATO) has clarified its position on the capital gains tax (CGT) treatment of decentralized finance (DeFi) and the wrapping of crypto tokens, emphasizing its commitment to taxing Australians on capital gains during the wrapping…
Key Takeaways Block Earner, a startup in the fintech space, found itself entangled in legal proceedings after offering consumers its Earner product from March 2022 to November 2022, promising fixed yield returns from various crypto-assets. However, a recent ruling by…
Key Takeaways Australian cryptocurrency exchange CoinSpot has reportedly fallen victim to a major security breach, resulting in the loss of approximately $2.4 million in digital assets. The breach is believed to have stemmed from a probable private key compromise impacting…
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