Law Firm Calls Australia’s New Crypto Tax Guidance “Toilet Paper”
Australian law firm Cadena Legal says the country’s new decentralized finance (DeFi) guidelines on crypto tax should be deemed “toilet paper.” Citing a lack of Go to Source
SEC Commissioner Hester Peirce Says Securities Regulator’s Crypto Crackdown Has No ”Rhyme Or Reason”
Republican Securities and Exchange Commissioner (SEC) Hester Peirce says the regulator’s crackdown on US crypto companies has no “rhyme or reason.” Out of many troubling Go to Source
Lawmaker Tom Emmer Slams US Treasury Department Following Crypto Crackdown Proposal, Says It Wants ”Surveillance State”
House Financial Services Committee member Tom Emmer slammed the US Treasury Department for its latest request for more power to crack down on the crypto Go to Source
Sam Bankman-Fried will not file any post-trial motions, say lawyers
The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison. Following his conviction on federal…
KyberSwap hacker wants control, law firm says Aussie DeFi tax rules ‘non-binding’: Finance Redefined
Law firm Cadena Legal said that the guidance released by the Australian Taxation Office is “non-binding” and must be treated as “toilet paper.” Welcome to Finance Redefined, your weekly dose…
Terraform Labs and SEC lawyers spar over whistleblower in court: Report
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial. Lawyers representing the…
Elon Musk says “digital god” will make AI copyright lawsuits irrelevant
The billionaire mogul also claimed that OpenAI was lying about its training methods, but interviewer Andrew Ross Sorkin may have flubbed the question. Elon Musk made some of his boldest…
Binance VIP traders got sneak peak of US settlement: Report
At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business. Executives of cryptocurrency exchange…
DeepMind exec: AI assesses climate issues, falls short of full solution
Google DeepMind climate action lead Sims Witherspoon suggested a strategy dubbed the “Understand, Optimize, Accelerate” framework, outlining three steps for tackling climate change with AI. Amid efforts by climate scientists…
Bitcoin ETFs, user experience will drive adoption — eToro CEO
Yoni Assia told Cointelegraph that products like Bitcoin ETFs align with institutions’ existing modes of operation, making it easier for them to enter the market. While grassroots cryptocurrency adoption went…
Tiger Global marks down stakes in BAYC and OpenSea: Report
Investment management company Tiger Global marked down its stakes in the NFT marketplace OpenSea by 94%. Investment firm Tiger Global has reportedly marked down several investments, including stakes in popular…
Real AI use cases in crypto: Crypto-based AI markets, and AI financial analysis
Increasing numbers of blockchain marketplaces offer crowdsourced data and compute for AI models — and can AI analysis improve fund returns? Were rolling out genuine use cases for AI and…
Evidence mounts as new artists jump on Stability AI, MidJourney copyright lawsuit
The battle continues as artists amend a lawsuit previously struck down by court authorities against major AI companies who have allegedly violated creative copyright laws. A copyright lawsuit filed against…
KuCoin pledges $20K grant to TON Foundation for ecosystem development
The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities. KuCoin Ventures, the venture arm of Seychelles-registered crypto exchange KuCoin, will provide grants to The…
Hashing It Out: A case for Web3 chat apps with Push Protocol’s Harsh Rajat
Harsh Rajat, founder and project lead of Push Protocol, explains the surge in the development of Web3 chat applications on the latest episode of Hashing It Out. Episode 39 of…