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Biden Administration Unveils New IRS Guidelines for Crypto Tax Reporting
The US government has unveiled a set of new tax reporting rules that could reshape how individuals and businesses interact with digital…
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Binance Drops Sanctioned Russian Banks From P2P Service
In a strategic move to align with the evolving global regulatory guidelines, Binance, the world’s leading crypto exchange by volume, has decided…
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North Korean Hackers Target Bitcoin Cash-Out, FBI Issues Warning to Crypto Firms
The FBI has alerted cryptocurrency companies to the funds associated with North Korean hacking groups Lazarus Group and APT38. These groups are…
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Wall Street’s Main Indexes Remain Under Pressure On Fears That The Fed Is Likely Going To Keep High Rates For Longer
The U.S. stock market’s weakness in recent days is connected with robust U.S. economic growth, which suggests that the Fed will probably…
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BRICS Currency Proposal; A Look Into The Potential Impact On Global Trade
In recent news, the President of Brazil has sparked discussions about the possibility of creating a common currency for trade and investment…
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Google’s AI Data Collection Methods Trigger Australian Inquiry
Google is expressing its plan to utilize web publishers’ content for enhancing its AI systems. The company suggests that if businesses don’t…
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ChatGPT’s “Custom Instructions” Feature Now Available For Free Users
The “Custom Instructions” feature is now accessible to free users to get better control over how ChatGPT responds to their commands. Various…
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NVIDIA Announces “AI Workbench”; A New Platform for Building Generative AI
American tech giant NVIDIA recently announced a new platform for developing and deploying generative AI called “AI Workbench”. The news came during…
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Wall Street’s Main Indexes Tumbled As Financial Stocks Dropped After Moody’s Cut Credit Ratings of Several U.S. Banks
Wall Street’s three main indexes tumbled this Tuesday as financial stocks dropped after rating agency Moody’s cut credit ratings of several small-…
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PayPal Expands Crypto Services With A Dollar-Backed Stablecoin
PayPal has announced the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin is 100% backed by the U.S. dollar, short-term…