Indonesia, Australia Tax Offices Sign MoU on Cryptocurrency
On April 22, tax officials from Australia and Indonesia struck a deal in Jakarta to create a framework for exchanging cryptocurrency information. The goal of this agreement, which was announced on April 23, is to make it easier to identify assets that could be subject to tax in either nation. Additionally, it seeks to facilitate […]
Ton Network Slashes Fees, Introduces Precompiled Contracts
Developers of the TON blockchain have reported a 2.5-fold decrease in network transaction charges. The project team states that the amount of the transaction fees will change based on the native token’s dollar value. The commission on the first transaction using Jettons for one Toncoin (TON) will be around $0.06, and on future transactions, $0.04. […]
FTX to Auction Off Remaining Solana (SOL) Tokens
The remaining Solana (SOL) tokens that the now-defunct cryptocurrency exchange FTX holds are intended to be put up for auction. According to insiders who spoke with Bloomberg, a “blind auction” with a deadline of April 24 is scheduled for this week. The next day is when the outcome is expected to be revealed. This comes […]
Pro-Crypto Sarah Netburn Selected for District Judge Nomination
Magistrate Judge Sarah Netburn, who is presiding over the Ripple vs SEC case, was nominated for District Judge by Joe Biden. Magistrate Judge Sarah Netburn has been nominated as the District Judge at the Southern District of New York. Ripple vs. SEC is the case under her current presiding authority. Ripple Labs may benefit from […]
Nvidia CEO Provides Advanced AI Chip To OpenAI
Jensen Huang, CEO of tech giant Nvidia, delivers the ground-breaking AI chip DGX H200 to Sam Altman’s OpenAI, stirring debate in the artificial intelligence (AI) sector. A significant partnership between Sam Altman’s OpenAI and the tech titan NVIDIA has garnered considerable interest in the technology community, specifically in artificial intelligence. Meanwhile, CEO Jensen Huang’s recent […]