CRYPTOCURRENCY

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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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cryptocurrency

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.

by Jessie A Ellis
Nov 15, 2023

cryptocurrency

Collector Accidentally Burns $200K CryptoPunk NFT

NFT collector accidentally sends a CryptoPunk NFT worth 77 ETH to a burn address, intending to borrow money against it to buy another NFT.

by Rebeca Moen
Mar 26, 2023

CRYPTOCURRENCY

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

Collector Accidentally Burns $200K CryptoPunk NFT

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