Trump swings axe on Biden’s sweeping AI executive order
Donald Trump has undone Joe Biden’s October 2023 executive order that established a framework for AI, including reporting mechanisms for companies.
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Trump nominates Stephen Miran as Council of Economic Advisors chairman
"I'm a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity," Miran recently said in a podcast.
OpenAI has until April 30 to comply with EU laws, ‘next to impossible’ say experts
OpenAI may soon face its biggest regulatory challenge yet as Italian authorities insist the company has until April 30 to comply with local and European data protection and privacy laws, a task artificial intelligence (AI) experts say could be near impossible. Italian authorities issued a blanket ban on OpenAI’s GPT products in late March, becoming the…
Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO
The Reserve team said the investment could allow for new features such as collateralized loans and wallet products. 453 Total views 2 Total shares Stablecoin protocol Reserve is investing $20 million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and Stake DAO (SDT), according to a June 20 announcement. The investment…
Catalonia Announces a Decentralized ID System the Gov’t Won’t Control
The Catalan government announced IdentiCAT, a decentralized identity system. President Quim Torra and Minister of Digital Policies and Administration Jordi Puigneró announced the project on Saturday, local media outlet VilaWeb reported on Sept. 7. Notably, the government says it will not have access to the citizen’s data.Privacy protectionThe bidding for system development — which is…
MARA purchases 6,474 Bitcoin with convertible notes offering
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024.
Infamous North Korean hacker group identified as suspect for $100M Harmony attack
A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack. 600 Total views 10 Total shares The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According…
Only Reporting Part of Your Crypto Addresses? The IRS Needs to Know
Just a few months ago in July 2019, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The letters detailed that recipients may not have reported their transactions properly, or failed to report income and pay taxes on their digital currency transactions. The IRS asked the recipients…
CIA to build its own ChatGPT-style AI bot for investigations: Report
The CIA says it is creating its own ChatGPT AI tool to conduct open-source investigations by analyzing public information. 147 Total views 1 Total shares The United States Central Intelligence Agency (CIA) is planning to build and deploy its own ChatGPT-style artificial intelligence (AI) bot for investigations, according to a report from Bloomberg. The CIA reportedly