"We work with DOGE to identify waste, fraud and abuse," the US Treasury said in a statement. "To that end, the IRS has rescinded a previously planned $1.90 billion contract and committed to focusing on and using taxpayer funds wisely. We have included project SoW and FPDS entries for full transparency. We look forward to continuing to work with the DOGE team to reduce waste."
The UK government will launch a pilot to offer a digital government bond instrument similar to a bond using distributed ledger technology, the Treasury said in a statement on Thursday. "The government will launch a pilot to deliver a digital government bond instrument using distributed ledger technology (DLT) to demonstrate the government's commitment to innovation in financial services," the Treasury said. DLT is the underlying technology for cryptoassets, and each node can save and update data...
In a statement, the White House said: "Today, we have good news for American workers and families, with more than 250,000 new jobs created in September and the unemployment rate falling to 4.1%. Based on today's report, we created 16 million jobs, the unemployment rate remains low, and wages...
The Israeli military said in a statement that it had eliminated the head of Hezbollah's communications network, Mohammad Rashid Sakafi, on Thursday.
Bitcoin miner Ionic Digital said in a statement on Thursday that former CEO Matt Prusak told the company in July that he would not stay on after his term ends on August 14. Ionic has started a search for a new CEO and appointed Chief Financial Officer John Penver as interim head. In addition, the mining company said that its former audit firm RSM has ended partnerships with all crypto clients, citing the accounting firm's strategic decision to end services to crypto-related companies.
Coinbase said in a statement that the exchange will not be performing the migration of Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, but plans to continue to support trading of each asset until further notice. Coinbase said it will allow users to migrate through self-custodial wallets, including but not limited to Coinbase Wallet. Coinbase said the token merger would support "all major software wallets". Coinbase does not support transactions for Singularity NET (AGIX), the third...