New Bill To Enable Americans Pay Federal Tax In BTC; Here’s All
U.S. residents may be able to pay their federal tax in Bitcoin soon if a bill from Rep Matt Gaetz becomes law in the United States. Residents of the United States may be approaching a point in time when they can eventually use cryptocurrency, specifically Bitcoin (BTC), to offset their federal tax. BTC for Federal […]
Latest OpenAI Appointment Sparks Privacy Concerns
The latest OpenAI Appointment of a former NSA General as part of its Safety and Security Committee has been flagged by many as a concern. OpenAI, a renowned Artificial Intelligence (AI) company, has appointed former United States Army General Paul M. Nakasone to its Board of Directors to prioritize the security of its Large Language […]
Nirvana Finance Hacker Pleads Guilty, Agrees to Return $12.3m
Senior security engineer Shakib Ahmed acknowledged breaking into another anonymous, decentralized exchange (DEX) and the Nirvana Finance protocol. As per the statement, Ahmed consented to reimburse $12.3 million that was acquired due to the exploit and furnish $5.07 million in recompense. According to the U.S. Attorney’s Office, Ahmed stole money from an unidentified Solana-based exchange […]
Tether Outbids Many Countries on US Debt Amid Crypto Crash
Tether, the issuer of the largest stablecoin USDT, has revealed its massive exposure to US Treasury bills, surpassing many countries. This comes amid a market crash that saw USDT lose its peg briefly. Tether, the company behind the most popular stablecoin USDT, has announced that it holds $72.5 billion worth of US Treasury bills, making […]
Binance Hires Former Trump Accounting Firm Mazars
Binance is working with accounting firm Mazars as part of its proof-of-reserve (PoR) audits triggered by the fall of FTX. The Wall Street Journal reported on Nov. 30 that Mazars, the accounting firm that worked for the business of former US President Donald Trump, had been chosen as the official auditor to carry out a […]