Odaily Planet Daily reports that South Korea's National Tax Service (NTS) announced on Thursday that it has begun preparations to build a tracking system for taxing cryptocurrency investment gains, in line with the government's expansionary fiscal policy and revenue-generating needs. This move comes as the South Korean government plans to tax virtual asset profits starting in January next year. The NTS has issued a tender notice on the public procurement service e-tender platform, proposing to build a comprehensive system for analyzing virtual asset transactions and implementing corresponding taxes. The project budget is 3 billion won (approximately US$2.02 million). The winning bidder will be determined and a contract signed this month. System design will begin in April, and after multiple rounds of testing, trial operation will begin in November, with official launch expected between November and December. The NTS stated that the system is expected to be used to collect personal virtual asset transaction data starting in 2027. Through systematic management and analysis of large amounts of transaction data, it will improve the ability to detect tax evasion. The NTS plans to utilize AI and machine learning to analyze and track abnormal transaction types and patterns, and will share virtual asset analysis data and lists of suspected violators with agencies such as the Korea Customs Service, the Ministry of Statistics and Data, and the Bank of Korea. Starting next January, income from virtual assets exceeding 2.5 million Korean won will be subject to a comprehensive tax rate of 22%, which includes a 20% income tax and a 2% local income tax.

Odaily Planet Daily reports that U.S. prosecutors have urged a judge to dismiss former FTX CEO Sam Bankman-Fried's request for a retrial, arguing that he has failed to present any legally valid new evidence. Bankman-Fried was convicted of fraud and conspiracy by a jury in 2023 and is currently serving a 25-year prison sentence. His mother filed a motion on his behalf in February, arguing that two former FTX executives, Daniel Chapsky and Ryan Salame, failed to testify out of fear of retaliation, and that their presence could have refuted the prosecution's claims. Prosecutors countered in a filing Wednesday that the defense was "fully aware" of the two witnesses' presence before the trial, and that their failure to include them on the witness list or compel their appearance at the time meant they did not constitute new evidence. Prosecutors also stated that even considering this testimony, the outcome would not change given the substantial evidence proving Bankman-Fried directed the transfer of billions of dollars in customer funds to Alameda. Regarding Sam Bankman-Fried's claim that FTX was not insolvent, prosecutors pointed out that FTX held only about 105 BTC in response to claims from customers holding nearly 100,000 BTC, and emphasized that recovering assets through bankruptcy proceedings does not justify criminal activity. Prosecutors also refuted claims of political persecution by the Biden administration, noting that Sam Bankman-Fried was one of the largest Democratic donors in 2020 and 2022, and that his campaign finance irregularities were precisely to facilitate these donations. Sam Bankman-Fried had previously sought a pardon from President Donald Trump, but Trump stated in January that he had no plans to pardon him.

MyToken data monitoring shows that on 【March 12th, 15:00】 (Beijing Time), 【Binance.Hot Wallet_9】 transferred 【148796066.46 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【148.77 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

Odaily Planet Daily reports that Binance has announced a FIX TLS connection update for its Spot API on June 8, 2026 at 03:00 (UTC), expected to last approximately one hour. During the update, existing FIX connections may experience intermittent interruptions. Binance requires users to ensure their clients send an SNI (Server Name Indication) during the TLS handshake and verify certificates for the requested hostname before the update. Clients without configured SNI may receive certificate-related error messages during or after the update, causing TLS handshake or hostname verification to fail. Some Node.js clients that do not explicitly configure SNI may be affected.

Huoxun Finance reported on March 12th that, according to Cointelegraph, a16z partner Noah Levine stated in an article on the X platform that the transaction volume of AI-powered payment agents is far lower than reported by the media. He pointed out that while reports claimed AI agent payments reached $24 million in the past 30 days, the actual figure, after excluding wash trades, is only about $1.6 million. Levine stated that this gap reflects that even the measurement infrastructure is still in its early stages. Levine noted that most AI payment activity is currently concentrated in the developer tools space, such as websites converted into AI data platforms, AI browsers, and AI image platforms. While these companies accept credit card payments, the x402 protocol allows developers or agents to try out the tools without a subscription. Levine emphasized that while $1.6 million may not seem like a large sum, the infrastructure built around it is massive. Stripe, Cloudflare, Vercel, and others have integrated x402, and Google has also embedded it in its agent payment protocol. These companies are betting on the future scale when agents become the default buyers.