Wednesday, November 27, 2024

IRS Tightens Grip on Cash App Transactions



In a notice released on November 26, 2024, the Internal Revenue Service outlined the final transition period for new reporting requirements on transactions made through third-party payment platforms like PayPal and Venmo. Beginning in 2026, third-party settlement organizations will be required to report annual exceeding $600. This is a significant reduction from the previous threshold of $20,000. The 1099-K reporting form will be provided to both the app users and the IRS.


Source.

Monday, November 25, 2024

Drones Around Airbases



Unknown drones appeared around US air bases in Europe between November 20th-24th and were "actively monitored." Read the USAF press release below.


Press release.

Saturday, November 23, 2024

Breakthrough in Vaccine Delivery Technology




A study published in the New England Journal of Medicine suggests an 89% success rate in preventing malaria using mosquitoes and genetically modified parasites. 

Researchers exposed participants to mosquitoes carrying a genetically modified strain of parasites associated with malaria (Plasmodium falciparum). The modification ensures the parasites stop developing shortly after entering the human bloodstream.

The most common short term side effect is skin inflammation and the long term side effects are not yet known.

Study 1.

Study 2.

Nature article.

New Byproducts Found In Drinking Water



Chloramine (made from chlorine, ammonia and water) is often used as a mild disinfectant to treat drinking water, but a new study indicates it can react with various organic and inorganic compounds in the water and form a previously undetected byproduct. The toxicity of this byproduct remains unknown, however it shares "concerning" similarities with other toxic molecules. 


Source.

California Sinking?

 



A new study published in Nature indicates that over-pumping of ground aquifers in California is leading to a continued subsidence of land. 


Source.

IRS Tightens Grip on Cash App Transactions

In a notice released on November 26, 2024, the Internal Revenue Service outlined the final transition period for new reporting requirements...