IRS Unveils Reporting Guidelines for Digital Asset Brokers
Michael ScottThe Internal Revenue Service (IRS) introduced proposed regulations to guide brokers in reporting the sale and exchange of digital assets.…
FaZe Banks and Nadeshot Rank Among Highest Earners on Friend.tech
The esports and gaming giants Faze Clan joined Nordan and Nadeshot in the list of top earners in the newly…
ElevenLabs Unveils AI-Powered Speech Generator in 30 Languages
The ElevenLab’s new speech generator can now aid one in speaking another language without an accent. The artificial intelligence arms…
FTX and BlockFi Suffer Third-Party Breach Exposes User Data
A recent announcement by FTX revealed a third-party breach that also affected the bankrupt crypto lender BlockFi. The incident affected…
BitMEX Founder Faults Federal Reserve Fight Against Inflation Benefitting Bitcoin
The move by the Federal Reserve to deploy quantitative tightening in fighting inflation is yielding little gain. BitMEX co-founder Arthur…
Hugging Face AI Valuation Hits $ 4.5 Billion Following Google and Nvidia Support
The round’s participants included Amazon, Google, Intel, Nvidia, and other firms, which resulted in the firm’s overall amount raised to…
Coin Center Decries Indictment of Tonardo Cash Developers
Peter Van Valkenburg, Coin Center research director, claimed that Tornado Cash, a crypto mixer, is not a money transmitter but…
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CoinShares Blames Stalled ETF Decision by SEC for Bitcoin Selloff
CoinShares, in its weekly review of Bitcoin activity, decries that continued stalling in the exchange-traded fund (ETF) triggered the mass…
Gemini Petitions for SEC’s Case Dismissal, Alleging Failure to State Claim
Attorneys representing Gemini have petitioned the court to dismiss a case lodged by the US Securities and Exchange Commission (SEC).…
UN Study Downplays Artificial Intelligence Potential to Abolish Jobs
A study by the International Labor Organization claims that artificial intelligence will more likely supplement jobs instead of destroying them.…
Bankman-Fried Seek Hours Outside Prison for Legal Consultation
According to Bankman-Fried’s attorneys, their client had no hope of evaluating his case’s huge discovery without leaving prison. A court…
Elemental Cognition Raises $60M to Pursue Artificial Intelligence (AI) Product
The firm offers Cogent and Cora, two enterprise chatbot solutions customized for varied applications. David Ferrucci has raised an estimated…
New Zealand Parliamentary Report Urges Slowed Crypto Regulation
An autonomous report made for a House Committee suggests the need for the government to enhance the creation of digital…
Apex Legends Artist Considers AI Incapable to Replace Human Voice Actors
Ben Prendergast claims that artificial intelligence will stay in the eerie valley. He has voiced Tyrin God of War Ragnarok…