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BlockBeats news, on December 1, according to the Financial Times, crypto asset holders were urged by the UK tax authorities to disclose any undeclared gains, a move that prompted warnings from experts that it could herald a crackdown on unpaid taxes. The attacks gradually intensified. The UK tax authority this week launched a voluntary disclosure mechanism to encourage the public to inform about untaxed income or gains from crypto-assets, including tokens, NFTs and utility tokens in trading platforms. While taxpayers have previously been able to claim unpaid tax using the UK tax agency’s disclosure tool, this is the first time it has launched a process specifically for crypto asset holders.

BlockBeats news, on December 1, according to PR Newswire, Bitcoin mining company CleanSpark released an update on production operations in November. It mined 666 BTC last month and sold 402 BTC. As of November 30, its total BTC holdings were 2,575.

BlockBeats news, on December 1, Federal Reserve spokesman Nick Timiraos said that the Federal Reserve’s interest rate hikes may be over, but officials are unwilling to admit it. (Golden Ten)

BlockBeats news, on December 1, according to Decrypt, Coinbase CEO Brian Armstrong stated that Coinbase has no plans to launch tokens for its Layer 2 network Base.

According to BlockBeats news, on December 1, according to DeBank data, the Layer 2 network Blast contract address launched by Blur founder Pacman currently holds assets worth more than $650 million. Among them, $560 million worth of ETH is deposited in the Lido protocol, and $85.03 million worth of DAI is deposited in the Maker protocol.

BlockBeats news, on December 1, according to EU-Startups, the decentralized identity management solution Gataca completed strategic financing of 1.3 million euros (approximately US$1.41 million), with participation from Signature Ventures, US fund SBXi and a group of early backers of the company. cast. This round of funding will be used by Gataca to develop new products and features and expand the team. It is reported that Gataca’s decentralized identity solution enables individuals to privately control their personal data. The company's technology has been successfully deployed in a variety of use cases, including higher education and finance.

BlockBeats news, on December 1, according to monitoring by @ai_9684xtpa, 37 minutes ago, a whale transferred 1,212 ETH to Binance, which is approximately US$2.53 million. The whale purchased ETH at an average price of $1,699 per coin 1 year ago.

According to BlockBeats news, on December 1, according to the Snapshot governance page, the Aave community voted to pass the proposal of "adding EURC to Avalanche Aave V3". EURC is a euro stable currency issued by Circle.

Since we proposed Stacks' argument, there have been several key developments that make the theory clearer. We’ll elaborate more on this later, but at a high level, demand for Bitcoin block-space is already solidifying, which will further increase demand for the products Stacks is building. We are convinced that Stacks is creating a platform that will be used to explore more complex and sophisticated Bitcoin-denominated utilities, with the ultimate goal of making them available in the future when technology conditions allow...

BlockBeats news, December 1, according to GlobeNewswire reports, Nasdaq-listed Bitcoin mining company Bitfarms Ltd. today announced its monthly update for November 2023. The company mined 392 BTC last month and sold 350 BTC. It is expected that H1's operating capacity will increase by 29% and its computing power will increase by 88% in 2024.