Anthropic jumps in on tug-of-war over California AI bill
Things are heating up on the AI legislation front with Anthropic voicing its support of an AI bill introduced by senator Scott Wiener, one which received a letter of opposition from OpenAI.
Related Posts


OCC makes its staff available for fintech-related discussions
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023. 169 Total views 6 Total shares The United States Office of the Comptroller of the Currency, or OCC, has announced its representatives will be available on a one-to-one basis to discuss…

How low can the Bitcoin price go?
Bitcoin price is selling off after last week's stellar move to $69,000. Charts suggest BTC price has a bit further to fall. Cointelegraph explains why.

Ethereum Merge to ‘swamp’ other coins with miners — Mining CEO
The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race to the bottom for profits. 6716 Total views 22 Total shares The Ethereum network’s transition from a proof-of-work (PoW) consensus is likely to flood the crypto industry with out-of-work Ether (ETH) miners, causing severe disruption to…

Finance Redefined: Uniswap’s bang ends in whimper, Sept. 16-23
The biggest event of this week was definitely the sudden release of Uniswap’s token, UNI, which enriched many DeFi users by at least $1200 each.Uniswap gave 400 of its tokens to anyone who had ever traded with the protocol, even if the interaction somehow failed. And by “anyone” I mean “any wallet” — some people…

CBDC is the Most Important Trend in Payments Says Visa Crypto Chief
Visa’s head of crypto says CBDC is the most important payments trend in the next decade. 440 Total views 40 Total shares Central Bank Digital Currencies, or CBDC, may just be one of the most important trends over the next decade claims Visa’s head of crypto.Cuy Sheffield, who runs credit card giant Visa’s crypto projects,…

Grayscale legal officer says Bitcoin ETF litigation could take two years
Grayscale argues that the differences between futures and spot Bitcoin ETFs have no correlation to approvals because prices are based on the same spot Bitcoin markets. 270 Total views 4 Total shares Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea.Craig…

ETC Labs believes regulation is the key to preventing future 51% attacks
Responding to numerous 51% attacks on the Ethereum Classic blockchain, ETC Labs said that it's time to bring regulation to hashpower rental marketplaces, citing the fact that at least two of the attacks were perpetrated by renting hash power through NiceHash — a claim that has been confirmed by both NiceHash and ETC Labs. ETC Labs CEO…

German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets
Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets.Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application programming interface (API)-accessible platform, which gives access to the full range of solarisBank’s digital white-label banking services.No need to apply for…