Companies Will Soon Have to Declare All Their Cryptocurrency Transactions for Tax Purposes

This requirement is a must, according to the European Parliament, which has just validated a new common standard, the DAC8 Last May, the Council of Europe agreed on cooperation between the tax authorities of the different countries of the Union. Registration and reporting obligations will therefore be expanded and clarified to include cryptoassets. In this […]

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Judge Kaplan Denies MDC-Brooklyn’s Repeated Requests to Release SBF

Sam Bankman-Fried, who claims not being guilty of all charges against him, is scheduled to appear in court in October. On Tuesday, Bankman-Fried lost a bid to leave the Brooklyn Metropolitan Detention Center to more effectively prepare for his October 3 trial. His legal team argues that conditions at the facility have made it “impossible” […]

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Writers Sue OpenAI, Creator of ChatGPT, for Copyright Infringement

For authors, artificial intelligence (AI) would have been trained with texts protected by laws without prior authorization. Last July, some 10,000 writers pointed out a situation identical to the one evident now. The film industry also faces complaints over the use of AI. A group of writers has sued technology company OpenAI, creator of ChatGPT, […]

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Binance.US CEO Resigns, Is the Exchange on the Verge of Collapse?

Binance .US, the US branch of the global crypto platform, is facing major challenges, with 100 job cuts and the departure of its CEO, Brian Shroder. The Securities and Exchange Commission (SEC) has targeted the crypto exchange with aggressive regulatory actions, leading to layoffs. As reported by Bloomberg, Brian Shroder, CEO of Binance.US, has resigned […]

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Binance CEO Contributed to Solve the iPhone Case

Recently, CEO of cryptocurrency trading firm Binance, Changpeng Zhao, helped spread the alarm about iPhones. Binance CEO Changpeng Zhao recently contributed to solving an urgent issue regarding iPhone users. Apple’s flagship device owners were for some time exposed to hacker attacks due to a vulnerability. Spyware research organization Citizen Lab was responsible for discovering the […]

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