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Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business

The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

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The owner of a Bulgarian crypto exchange has been convicted of providing money laundering services to a Eastern European cyber fraud syndicate. Rossen Iossifov, a 53-year-old Bulgarian national and owner of the ‘RG Coins’ cryptocurrency exchange, has been convicted of operating a multi-million dollar money laundering ring as part of a transnational auction fraud scheme.Following…
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Sands of change: UAE enables private sector to adopt blockchain tech

It is no secret that the United Arab Emirates, along with Switzerland, Singapore and several other countries, is one of the most forward-looking tech nations in the world, with the Middle Eastern powerhouse promoting the use of blockchain in almost every sector imaginable, from energy to shipping to media.To help the country with its adoption…
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Microsoft Introduces Ethereum Proof-of-Authority Algorithm on Azure

Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium networks, where “all consensus participants are known and reputable.” In contrast…
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‘Fuck regulators,’ said SBF behind closed doors: Report

The disgraced crypto executive frequently praised the need for crypto regulation in public. 383 Total views 54 Total shares Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam “SBF” Bankman-Fried appears to have shared a deep disdain for regulators.During SBF’s ongoing criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if
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