Community News:
1. Luxor mining produces the largest Bitcoin block ever
Bitcoin mining company Luxor mined the largest Bitcoin block ever on February 1, with a block size of 3.96 MB, just under Bitcoin's 4 MB limit. (The Block)
2. Google starts testing ChatGPT competitor "Apprentice Bard"
According to internal information and documents, Google is using its LaMDA technology to test products similar to ChatGPT and is studying the design of new search pages that integrate chatbots. The news shows that one of the ChatGPT competitors is called "Apprentice Bard". (Shanghai Securities News)
Industry News:
1. Bitcoin mining company TeraWulf raised $32 million in public offerings to solve debt problems
Bitcoin mining company TeraWulf has reached an agreement to restructure its debt, but it needs to raise equity. The company raised $32 million through a public offering and reached a "binding agreement in principle" with existing lenders to restructure its debt. (The Block)
2. Amazon AWS is recruiting Web3 business market experts
Amazon's recruitment page shows that AWS is recruiting Web3 business marketing experts (Senior GTM Specialists).
Policies and Regulations:
1. U.S. Senate Banking Committee to Announce Priorities for Developing Crypto Regulatory Framework
Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee, will unveil his priorities for a bipartisan regulatory framework for cryptocurrencies on Thursday. Tim Scott is skeptical of cryptocurrencies after “several high-profile failures” and “concerns about illicit financing.” (CoinDesk)
2. Lithuania is controlling the growth of cryptocurrency companies
Lithuania, which saw crypto company registrations grow nearly fivefold last year, is curbing the growth of digital asset service providers to address transparency issues and money laundering risks. (Bloomberg)
3. The Indian government introduces new crypto tax penalties. Failure to pay TDS taxes in crypto transactions may result in imprisonment
Crypto tax company Koinx explained on Twitter that the penalty for failing to deduct or pay crypto source tax includes an amount equal to the unpaid source tax to be levied by the Joint Commissioner, and 15% annual interest will be levied for late payment. And according to India Today, those who fail to pay source tax on crypto transactions may be sentenced to up to 7 years in prison. (Bitcoin.com)
