OpenAI inks deal with Time while facing added lawsuit from news nonprofit
The nonprofit suing OpenAI produces the Mother Jones and Reveal news websites.
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‘Privacy has become a taboo,’ says crypto-anarchist project DarkFi
Pierre-Joseph Proudhon introduced one of the first critiques of centralized authority in 1848, a few years after publishing his now-classic book What is Property? and calling for the abolition of property and the state. As per Proudhon’s view, any political change would be limited without economic change. His work is at the heart of anarchism, “a political…

US Authorities Seek Extradition of Alleged Crypto Scammer
The United States Department of Justice (DoJ) has unsealed a fraud complaint against Swedish citizen Roger Nils-Jonas Karlsson and associated firm Eastern Metal Securities (EMS), according to a press release on June 19.According to the DoJ Karlsson and EMS are charged with committing securities fraud, wire fraud and money laundering. Specifically, Karlsson allegedly instructed investors…

Breaking down the ongoing token impersonation scams with DeFi execs
Tres Finance co-founder Tal Zackon warned businesses to not use explorers when tracking their finances. Decentralized Finance (DeFi) protocol Tres Finance warned the community about a scam that involves fake tokens designed to mimic legitimate transactions.In an interview, Tres Finance co-founder Tal Zackon and the company’s technical lead Idan David shared the details of a…

Crypto needs regulation but should be done right: Report and database
Regulatory attitudes toward crypto are constantly evolving, often at a slower pace than the crypto industry itself. Institutions and the broader public will not seriously consider working with cryptocurrencies without clear and comprehensive regulation. Furthermore, the industry suffers from widespread scams, phishing and hacks that very often have no legal repercussions. This bolsters the audacity…

Goldman Sachs CEO Refutes Bank Ever Had Plans to Open Crypto Trading Desk
Goldman Sachs CEO David Solomon has categorically refuted that the bank ever had any plans to open a crypto trading desk and stated that earlier media reports suggesting otherwise were incorrect. Solomon made his remarks before the United States House of Representatives Financial Services Committee on April 10, during a hearing entitled “Holding Megabanks Accountable:…

Catalonia Announces Decentralized ID System the Govt Won’t Control
Catalonia's government has unveiled IdentiCAT, a decentralized identity system.President Quim Torra and Minister of Digital Policies and Administration Jordi Puigneró announced the project on Sept. 7, local media outlet VilaWeb reported. Notably, the government says it will not have access to citizens' data.Privacy protectionThe bidding for system development — which is expected to be completed by 2020…

Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?
A sharp sell-off across the cryptocurrency market Tuesday—that saw top tokens like Bitcoin (BTC), Ether (ETH), Cardano (ADA), and Solana (SOL) fall by double-digital percentages—created a venue for stablecoins to prove their worth.The fixed-price cryptocurrencies offered interim protection to traders from the notorious crypto price volatility. They did so by almost maintaining their one dollar-peg…

Uniswap’s first governance vote fails … despite 98% support
Uniswap’s first governance proposal has ended in defeat, with votes in favor falling a whisker short of the required threshold. 561 Total views 11 Total shares The first governance vote for decentralized exchange (DEX) Uniswap has ended in failure, despite the proposal attracting overwhelming support of 98% of votes cast. Despite this, it fell roughly…