Billionaire Joe Lewis Pleads Guilty to Insider Trading Charges, Faces Extensive Prison Time

by Александр Пирогов | Jan 26, 2024 | Blog News

Billionaire Joe Lewis, connected to FTX founder Sam Bankman-Fried, pleaded guilty to one count of conspiracy to commit securities fraud and two counts of securities fraud in Manhattan federal court. The charges involve Lewis abusing inside information gained through...

Thai Cryptocurrency Exchanges Inform Customers About New Tax Policies

by Александр Пирогов | Jan 25, 2024 | Blog News

Cryptocurrency exchanges in Thailand are informing customers about the tax implications arising from their cryptocurrency trading activities in the country. The move comes in response to recent tax policies introduced by the Thai government to generate revenue from...

IRS Updates and Expands Digital Asset Question on Tax Forms, Adding Four Additional Forms

by Александр Пирогов | Jan 25, 2024 | Blog News

The Internal Revenue Service (IRS) in the United States has modified and expanded the digital asset question on income tax forms for the 2023 tax year. The question, present on Form 1040 for reporting U.S. Individual Income Tax Return, has been revised to include the...

Russian Crypto Mining Industry Association Criticizes Proposed Electricity Tariff Hike for Miners

by Александр Пирогов | Jan 25, 2024 | Blog News

Russia’s largest crypto mining industry association, the Industrial Mining Association (APM), has expressed strong opposition to the Russian Ministry of Energy’s plans to increase electricity tariffs for miners. The ministry proposes a two to fivefold...

AXS Partners with Triple-A to Enable Cryptocurrency Payments for 550 Services in Singapore

by Александр Пирогов | Jan 25, 2024 | Blog News

Singapore’s AXS, supported by DBS Bank and Tower Capital Asia, has joined forces with cryptocurrency firm Triple-A to introduce cryptocurrency payments for various services. Users in Singapore can now pay bills using Bitcoin (BTC), Ethereum (ETH), Tether (USDT),...

U.S. National Science Foundation Launches AI Research Pilot Program with Collaboration from Tech Giants

by Александр Пирогов | Jan 25, 2024 | Blog News

The U.S. National Science Foundation (NSF) has unveiled the National Artificial Intelligence Research Resource (NAIRR), a collaborative initiative involving 25 private, nonprofit, and charitable organizations, along with 10 federal agencies. The program aims to...