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The Internal Revenue Service (IRS) has reminded taxpayers that they must report their crypto income when filing their 2022 federal income tax return. The Internal Revenue Service (IRS) has issued a reminder for taxpayers to disclose all…

New findings on Sam Bankman-Fried and FTX are being made daily. According to a recent filing, the collapsed exchange owes money to companies including Apple, Binance, and Netflix. Prior to that, by mistake, BlockFi revealed its $1.2 billion…

OpenSea, one of the biggest NFT marketplaces, may face legal action from an NFT collector, who claims that the former is ignoring users’ concerns. Robbie Acres, an NFT collector, is filing a lawsuit against OpenSea. OpenSea allegedly failed…

Robinhood’s Twitter account was momentarily “hacked,” where a hacker promoted a scam token in BSC. On Wednesday, January 25th, Robinhood’s Twitter account was presumably hacked by an unknown person or group. Hackers used Robinhood’s account…

Coinbase, one of the biggest exchanges in the US, recorded an increase in trading volume in the first weeks of January when compared to the last quarter, unlike its competitors. Coinbase, despite being subject to many controversies in 2022,…

In a recent thread, Nayib Bukele, the President of El Salvador, announced that they have paid their debt in full. According to his Twitter thread, El Salvador paid $800 million + interest to the International Monetary Fund (IMF). The…

In Q4 2022, OpenAI released ChatGPT, which has since surprised the community with its abilities. It is essentially a chatbot that has been trained using supervised and reinforcement learning methods. This chatbot has made people’s life…

Christy Goldsmith, CFTC Commissioner, recently called for more regulation in the crypto market after what happened with FTX. The recent case involving cryptocurrency exchange FTX has sparked a conversation about the need for proper…

Sam Bankman-Fried has been charged by the U.S. Securities and Exchange Commission (SEC) with defrauding FTX investors. The former CEO is accused of “defrauding investors in the crypto asset trading platform FTX,” according to a report from…

Federal authorities said on Wednesday that a Russian national who operated a cryptocurrency exchange that the justice department claims turned into a shelter for the proceeds of illegal activity had been detained. China-based Anatoly…