Elon Musk voices support for sweeping AI safety regulations
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”
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Binance is reportedly under investigation from IRS and Justice Department
The price of Bitcoin and Ether both fell between 3% and 5% as the report spread across social media. 7414 Total views 32 Total shares Major cryptocurrency exchange Binance is reportedly under investigation by both the United States Department of Justice and Internal Revenue Service in an apparent effort to stymie illegal trading activity from…
Crypto Markets See Hint of Green, Top Cryptos Keep Trading Sideways
Thursday, Nov. 1: crypto markets have seen a hint of green, with many of the top 20 cryptocurrencies seeing slight growth. The slight growth in markets follows a recent sell off on Monday, when the price of Bitcoin (BTC) dropped from $6,480 to as low as $6,344. While 19 out of the top 20 cryptocurrencies…
Sky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties
The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”
Talking Digital Future: Blockchain Technology
I have a feeling that a lot of businesses still don’t understand why they need blockchain, while others may believe they need it just because they think it’s another fashionable tech trend or something.I’ve been involved in technology for 30 years, and it is always interesting to me how people respond to the introduction or…
Biden calls to end $18B ‘crypto tax loopholes’ —community begs to differ
Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet. United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes" that allegedly help wealthy crypto investors. Members of the community responded to the tweet, questioning the figures shared…
Cointelegraph Cracks Down on Staff Imposters, Investigation on the Way
Over the last several months, a number of people claiming to be Cointelegraph staff have paraded around LinkedIn and Telegram, as well as through email. These efforts often attempt to lure unsuspecting victims into sending payments in exchange for stories written about them or their companies and posted on Cointelegraph.Through work with blockchain analytics and…
Binance Australia partners with Koinly for tax reports as ATO ramps up compliance
The taxman commeth for Australian crypto investors and Binance wants to help them out. 383 Total views 7 Total shares The Australian branch of leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from local tax authorities.Binance has partnered with cryptocurrency tax startup Koinly to assist…
Trading Bitcoin options is less risky than futures but mind the premium!
Trading Bitcoin options can be a great way to access leverage while avoiding the liquidation risk presented by futures contracts but investors must keep an eye on the premiums. 1890 Total views 8 Total shares The most basic Bitcoin (BTC) options contracts involve buying a call which gives the holder the opportunity to acquire the…