In a recent article from CoinTelegraph, several noteworthy pieces of news within the cryptocurrency world are highlighted in their Hodler’s Digest edition. The article mentions topics such as Sam Altman being ousted from OpenAI, BlackRock and Fidelity expressing interest in securing approval for an Ether ETF, and Australia’s intention to impose taxes on gains from wrapped tokens.
1. Sam Altman ousted from OpenAI:
Sam Altman, the former president of Y Combinator, has been removed from his position as CEO of OpenAI. Although the reason for his departure remains undisclosed, Altman will continue to be involved with the company as a member of its board.
2. BlackRock and Fidelity seek Ether ETF:
Two major investment management firms, BlackRock and Fidelity, have expressed their interest in obtaining approval for an Ether ETF. This move follows news of the approval of a Bitcoin ETF in Canada, potentially signaling a growing trend of institutional investors looking to gain exposure to cryptocurrencies.
3. Australia to tax gains from wrapped tokens:
Australia’s tax office has announced its intention to impose taxes on gains made from wrapped tokens. Wrapped tokens are digital assets that are pegged to the value of other assets, such as Bitcoin or Ethereum. This decision is part of the Australian government’s efforts to ensure that cryptocurrency transactions are taxed appropriately.
– CoinTelegraph’s Hodler’s Digest:
Hodler’s Digest is a weekly roundup of news within the cryptocurrency industry. It provides readers with key highlights and developments from the past week. This format allows readers to stay informed about the latest happenings in the cryptocurrency world without having to scour the internet for individual news pieces.
Overall, this article provides a concise summary of three significant developments within the cryptocurrency industry. It covers Sam Altman’s departure from OpenAI, the interest from BlackRock and Fidelity in securing approval for an Ether ETF, and Australia’s decision to tax gains from wrapped tokens. This information is valuable for readers who want to stay up-to-date with the latest news and trends in the cryptocurrency space.