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Matthew McConaughey Invests in AI Audio Firm ElevenLabs
Academy Award-winning actor Matthew McConaughey joins ElevenLabs as an investor, expanding his involvement with the AI audio company to include customer roles.
OKX Ventures Invests in Accountable for Enhanced Financial Verification
OKX Ventures invests in Accountable to advance real-time financial verification, bridging traditional and crypto markets. The move follows a $7.5 million funding round led by Pantera Capital.
Exploring the Significance of Account Abstraction in Blockchain Technology
Account abstraction enhances blockchain usability by integrating smart contract features into wallets, addressing security and user experience challenges.
CoreWeave Appoints Jeff Baker as New Chief Accounting Officer
CoreWeave announces Jeff Baker as Chief Accounting Officer, bringing over 20 years of experience to the AI hyperscaler.
Binance Introduces Multi-Validator Withdrawal Verification for Corporate Accounts
Binance enhances security by launching multi-validator withdrawal verification for all corporate accounts with completed KYB.
Binance Implements Stricter Measures to Combat Account Misuse and Enhance Compliance
Binance announces enhanced measures to address account misuse and uphold compliance, ensuring a fair and secure trading environment.
Binance Introduces New Fee Structure for Managed Sub-Accounts (MSA)
Binance updates its Managed Sub-Account (MSA) with new fee structure and restrictions.
Oracle to Launch Two New Cloud Regions in Morocco to Drive Digital Transformation
Oracle will open two Oracle Cloud Regions in Morocco to enhance digital transformation and innovation.
IRS Expects Surge in Crypto Tax Crime Cases as Tax Season Concludes
The US Internal Revenue Service (IRS) is bracing for an increase in crypto tax crime cases as taxpayers file their returns on April 15. IRS criminal investigation chief Guy Ficco predicts a rise in charged Title 26 crypto cases this year and beyond. While crypto has been associated with various financial crimes in the past, Ficco anticipates a surge in "pure crypto tax crimes" in the future.
FASB Finalizes New Accounting Standards for Crypto Assets
FASB's new ASU No. 2023-08 mandates fair value measurement for certain crypto assets, enhancing transparency and relevance in financial reporting, effective post-December 2024.