California senator slams OpenAI’s opposition to AI safety bill

August 22, 2024
The Last Cryptocurency
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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.

Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market”The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on Sept. 12, mean e-cigarettes will disappear from the U.S. market within a month. Manufacturers may be able…

BREAKING: Grayscale launches legal challenge to Bitcoin spot ETF rejection

A similar decision was also made on Wednesday regarding Bitwise’s Bitcoin exchange-traded product (ETP) citing the same reasons. 515 Total views 43 Total shares Grayscale has announced a legal challenge to the latest rejection of its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin exchange-traded fund (ETF) by the Securities and…

Russian crypto market worth $500B despite bad regulation, says exec

Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life's founder said. 63 Total views 5 Total shares The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive.Sergei Khitrov, founder of the Russian cryptocurrency event…

Most Significant Hacks of 2019 — New Record of Twelve in One Year

Twelve major cryptocurrency exchange hacks occurred in 2019. Of these, 11 hacks resulted in the theft of cryptocurrency while one only involved stolen customer data. In total, $292,665,886 worth of cryptocurrency and 510,000 user logins were stolen from crypto exchanges in 2019. Cryptocurrency exchanges experienced more hacks last year than in 2018, when only nine…

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Toncoin open interest surges 32% following Pavel Durov’s arrest

Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity, with open interest surging 32%.

SEC Goes Head-to-Head With Telegram, Makes a Guinea Pig of TON

Earlier this week, the Chamber of Digital Commerce went ahead and filed an amicus brief for the ongoing court hearing taking place between Telegram — one of the world’s most widely used encrypted messenger services — and the United States Securities and Exchange Commission.In its most basic sense, an amicus brief is a legal document…

US senator calls on SEC’s Gensler to answer for ‘regulatory failures’

Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy. 1414 Total views 12 Total shares Own this piece of crypto history Collect this article as NFTMinnesota Senator Tom Emmer has slammed United States Securities Exchange Commission (SEC) Chairman Gary Gensler for his flawed…

Bitcoin ETFs hit $20B milestone as price remains stuck in downtrend

Bitcoin price remains in a seven-month downtrend despite the record ETF net flows.

SEC sees temporary setback in request to access Binance.US software

A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to provide more specific requests for discovery. 102 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) has failed to win immediate access to Binance.US's software in a Sept. 18 hearing, with

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