Ripple Opposes SEC’s Request for $2 Billion Fine, Argues for $10 Million Penalty

by Александр Пирогов | Apr 24, 2024 | Blog News

Ripple, the cross-border payment protocol, has contested the United States Securities and Exchange Commission’s (SEC) request to impose a $2 billion fine against the blockchain company. In a recent filing, Ripple urged the court to deny the SEC’s requests...

Binance Tax Evasion Trial in Nigeria Adjourned to May 17 Amid Delay in Formal Charges

by Александр Пирогов | Apr 22, 2024 | Blog News

The tax evasion trial involving Binance and two of its executives has been adjourned to May 17, 2024 in a Nigerian court due to a delay in formally serving the charges to Binance. The Federal Inland Revenue Service (FIRS) has not yet served Binance with tax evasion...

Cryptojacker Charged with Defrauding Two Cloud Providers of $3.5M

by Александр Пирогов | Apr 22, 2024 | Blog News

US prosecutors have filed charges against Charles O. Parks III, also known as “CP3O,” for wire fraud and money laundering offenses related to an illegal cryptojacking scheme. Parks is accused of defrauding two cloud computing providers based in Seattle and...

Senate Renews Surveillance Law, Crypto Community on Edge: What It Means for Privacy and Regulation

by Александр Пирогов | Apr 22, 2024 | Blog News

The US Senate has approved the renewal of Section 702 of the Foreign Intelligence Surveillance Act (FISA), allowing the government to collect data from tech giants like Google and Facebook without warrants. The legislation, passed with a vote of 60-34, awaits...

Meta Platforms Launches Llama 3, Enhancing AI Capabilities Across Platforms

by Александр Пирогов | Apr 19, 2024 | Blog News

Meta Platforms has introduced early versions of its new large language model, Llama 3, featuring implementations with 8 billion and 70 billion parameters, respectively. These models aim to bolster Meta AI virtual assistant capabilities and are integrated into major...

Canada to Adopt International Crypto-Asset Reporting Framework for Taxation by 2026

by Александр Пирогов | Apr 19, 2024 | Blog News

Canada is set to become one of the first nations to adopt the International Crypto-Asset Reporting Framework (CARF) for taxation by 2026, according to a supplement to the country’s 2024 annual budget reported by the National Post on April 16. The CARF, agreed upon by...