California senator slams OpenAI’s opposition to AI safety bill
As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance.
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The governor of the Philippines’ central bank, Benjamin Diokno, has warned against the potential use of cryptocurrencies for terrorism financing and underscored that the Bangko Sentral ng Pilipinas (BSP) will continue to closely monitor their use in the country. The news was reported by local English language newspaper The Philippine Star on June 10.In addition…
Here’s how SBF’s fake electronics outlet ‘North Dimension’ looks like
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Report: Ether Transaction Volume on DApps Registers New All-Time-High
Ether (ETH) volumes on decentralized applications (DApps) have registered a new high, but new DApps coming on-chain are significantly low, crypto analytics firm Diar reported on May 6.The volume of ether transacted in April on DApps broke the previous record which was set last December by a small margin. This, Diar notes, marks a four-month…
FTX will be the last giant to fall this cycle: Hedge fund co-founder
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests. 743 Total views 5 Total shares While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange's fall from grace…
Here’s what’s happening in Web3 across Africa
Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up.Why? Well for one, according to analytics firm Chainalysis, Africa’s crypto market increased in value by more than 1,200%…
Margin Lenders on Poloniex Lost $13.5 Million Due to Flash Crash
Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Poloniex announced about the incident in a blog post published on June 6.Poloniex revealed that on May 26 a severe price crash in the clams (CLAM) market led to margin loans losses amounting to roughly 1,800 bitcoin (BTC),…
Crypto investors sue Winklevoss twins over interest accounts on Gemini
Plaintiffs have alleged that the products have not been registered, which prevented them from receiving disclosures to better assess the risks of using Gemini Earn. 379 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTTyler and Cameron Winklevoss, founders of Gemini cryptocurrency exchange, are reportedly facing a new lawsuit…
RFK Jr says he is suspending, not terminating, presidential campaign
The US Independent presidential candidate said he would remove himself from the ballot in 10 battleground states where he might be a “spoiler” for Harris or Trump.