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AI military drone kept murdering its human operator in simulated tests

2.6.2023
A United States Air Force colonel said the results of the simulation highlight why a conversation around ethics and artificial intelligence is needed

Fed board issues order to Silvergate Bank as part of self-liquidation plan

1.6.2023
Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation plan in compliance with California and federal requirements

Billionaire Investor Bill Ackman Insists JPMorgan Boss Jamie Dimon Should Run in the 2024 US Presidential Race

1.6.2023
Billionaire investor and Pershing Square Capital Management CEO, Bill Ackman, has asserted that JPMorgan Chase’s chief executive, Jamie Dimon, should enter the 2024 United States presidential race. Ackman claims that the current president Joe Biden is “extremely weak and in cognitive...

11 things the United States can learn from other nations’ crypto regulations

1.6.2023
The United States doesn’t have to start from scratch when it comes to developing effective laws and guidelines for crypto

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 Ahead of US Non-Farm Payrolls

1.6.2023
Bitcoin continued to erase last week’s gains on Thursday, as prices dropped for a fourth straight session. The latest decline comes ahead of tomorrow’s non-farm payrolls (NFP) report from the United States. Despite today’s weakness, ethereum remained above $1,800. Bitcoin...

Microsoft’s CSO says AI will help humans flourish, cosigns doomsday letter anyway

31.5.2023
Eric Horvitz penned a blog post lauding the transformative nature of AI on the same day he cosigned a document warning it could kill us all

Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

31.5.2023
“The number of crypto transactions associated with Chinese fentanyl brokers increased by 450% just last year alone," said the Massachusetts senator, citing an Elliptic report

Researchers propose new scheme to help courts test deanonymized blockchain data

30.5.2023
A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators

US District Judge sends matter of FTX independent examiner to appellate court

30.5.2023
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

29.5.2023
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners

The EU is watching your wallet, but it still beats the US for crypto

29.5.2023
Europe is requiring crypto wallet providers to track every move you make, but companies should still consider the region for its regulatory clarity

Economist Peter Schiff Blasts Debt Ceiling Deal, States National Debt Might Increase by $4 Trillion in the Next Two Years

29.5.2023
Peter Schiff, the chief economist of Europac and best-selling author, has blasted the recent bipartisan deal regarding the United States debt ceiling. According to Schiff, the proposal fails to address the already inflated budget, allowing rises in several budget areas without supervision, which...

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements

27.5.2023
Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...

China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default

27.5.2023
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to the escalating political discord, rising inflation...

Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000 as Market Reacts to Latest US Personal Consumption Data

27.5.2023
Bitcoin moved closer to the $27,000 level on Saturday, as markets continued to react to the latest Personal Consumption data from the United States. The key inflation index rose to 4.4% in April, higher than expectations of a drop to 3.9%. Ethereum also edged higher. Bitcoin Bitcoin (BTC) rallied...

JPMorgan Chase enters generative AI race with IndexGPT trademark

27.5.2023
JPMorgan's ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting and various finance-focused software as a service (SAAS) services among others

Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin

25.5.2023
During a virtual discussion with Twitter’s proprietor Elon Musk on Wednesday, governor Ron DeSantis of Florida declared that he is throwing his hat into the ring for the presidency of the United States in 2024. DeSantis will confront the reigning president Joe Biden in addition to...