Israel’s Tax Authority ‘Disappointed’ in Voluntary Crypto Disclosures: Report

Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after enactment of a policy allowing immunity from criminal proceedings for filers correcting their reports.According to a Wednesday report from Globes, Israeli authorities had expected to gain up to $1 billion in…

Bernie Sanders unveils plan to take 50% stake in AI companies for government wealth fund

Democratic socialist Sen. Bernie Sanders, I-Vt., is arguing that the federal government should establish a sovereign wealth fund that’s financed by taking possession of half of the stock in AI giants like OpenAI, Anthropic and xAI, among others. Sanders wrote an op-ed in The New York Times on Sunday that AI companies built and trained their models using the creative work of millions of people to inform generative AI tools, mostly without receiving permission from…

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Agentic payments surpass 100M transactions on Coinbase’s Base

Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase’s x402 protocol generated more than 100 million transactions on Base within roughly nine months of…