For years, cryptocurrency holdings of U.S. taxpayers have existed in a sort of reporting gray zone. But now, those crypto wallets are getting a whole lot of attention from the Internal Revenue Service and President Biden, who appear determined to crack down on tax cheats. The timing makes sense. The president needs to raise money,
Month: July 2021
Google Maps has rolled out a new real-time bus service information feature for users in Delhi. It will enable users to know exactly when the next bus will be arriving at the bus stop, enabling them to plan their commute better. Google has teamed up with Delhi Transport Ministry, Delhi Integrated Multi-Modal Transit System (DIMTS),
OnePlus is offering fans a change to try out the unannounced OnePlus Buds Pro true wireless stereo (TWS) earphones and OnePlus Nord 2 5G smartphone. OnePlus’ The Lab programme is looking for 10 applicants each for the two products who can review them and give their feedback. The company recently announced that the OnePlus Nord
Transform 2021 Live now: Conversational AI & Intelligent AI Assistants Summit, presented by Five9 July 12-16 Watch Now Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9. Watch now! Ameen Kazerouni, chief analytics officer at Orangetheory Fitness, is well-versed in AI. His experience working as the head of AI
Spanish law enforcement agencies on Wednesday arrested 16 individuals belonging to a criminal network in connection with operating two banking trojans as part of a social engineering campaign targeting financial institutions in Europe. The arrests were made in Ribeira (A Coruña), Madrid, Parla and Móstoles (Madrid), Seseña (Toledo), Villafranca de los barros (Badajoz), and Aranda
The European Central Bank, or ECB, joins the growing club of crypto-friendly financial institutions as it announces the decision “to launch a project to prepare for possibly issuing a digital euro.” The ECB’s official tweet noted: “We will look at how a digital euro could be designed and distributed to everyone in the euro area.”
Ethereum (ETH) has enjoyed a good run so far in 2021, with its value increasing from about $1,300 at the beginning of the year, to nearly $4,000 in May. However, Ethereum’s price aside, consistent problems on the Ethereum blockchain have brought to light the anger of traders and decentralized application (DApp) developers on the Ethereum
Four men have reportedly been arrested in Japan’s Aichi Prefecture for running an allegedly fraudulent crypto investment scheme that persuaded investors they could reap returns on the basis of an artificial intelligence (AI)-led trading system. Roughly 20,000 Japanese investors nationwide are thought to have been drawn into the scheme, which raised an estimated total of
South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the chairman of the country’s top financial regulator reportedly said. South Korea Prepares to Regulate Crypto Industry The South Korean National Assembly’s National Policy
Brazil’s Comissão de Valores Mobiliários (CVM), the country’s securities regulator, has approved an Ether (ETH) exchange-traded fund (ETF), according to an announcement by QR Capital, the holding company of QR Asset Management. The fund, which trades under the ticker QETH11 will trade on Brazil’s highly reputable B3 stock exchange, which operates as a regional exchange and
Two weeks after a 15% increase in electricity prices in Turkey, a new store selling professional mining equipment has opened its doors in Istanbul —the business hub of the country— on July 13. Opening a mining equipment shop in a country with costly electricity seems counterintuitive. But Phoenix Store, Bitmain’s sales partner in the Middle
The long-awaited layer two scaling solutions upgrade for Uniswap has finally been spotted in the wild with the launch of version 3 on Optimistic Ethereum. In a post on July 13, the world’s most popular decentralized exchange stated that it was pleased to finally announce the alpha launch of Uniswap v3 on the Optimistic Ethereum
Big Tech platforms Alphabet’s Google and Facebook were hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and abusing their power. Below is the status of the cases, as well as government probes of Apple and Amazon. Two lawsuits against Facebook: In a stunning
Cross-chain asset bridge, ChainSwap, has announced a compensation plan for users after suffering an $8 million loss in its second exploit suffered this month. ChainSwap supports the Ethereum, Polygon and Binance Smart Chain networks. On July 10, the hacker exploited a vulnerability allowing them to steal more than 20 different assets from the liquidity pools
Four alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years. According to investigators, the scheme raked in $55 million from about 20,000 investors, promising 2.5 times returns in four months. Police in Aichi Prefecture, Japan, said Monday that four men have been arrested for defrauding
Call of Duty: Black Ops Cold War and Warzone will get the Season Four Reloaded update on July 15 which will add more content to what the Season Four update from June 17 introduced. The update will bring Mauer Der Toten — the new zombies experience for Black Ops Cold War, a new map, modes,
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