Regulation
OpenAI could lose $5B this year and run out of cash in 12 months: Report
The ChatGPT maker reportedly will spend some $7 billion on AI testing this year. Source link
U.S. House of Representatives Passes Financial Services Legislation Aiming To Combat Illicit Finance
The U.S. House of Representatives recently passed bipartisan legislation that would prop up a working group designed to probe the...
Why Biden’s exit from the elections briefly pushed Bitcoin price to $68K
Biden’s exit from the presidential race helped Bitcoin recover, but analysts expect the decision to cause more uncertainty in the...
Crypto Super PAC spends $1.7M on media buys as Arizona primary looms
Protect Progress used roughly $415,000 to fund a media buy for former Aspiration CEO Andrei Cherny, a Democrat running for...
Coinbase files motion to compel in ongoing fight to get Gensler’s emails
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during...
Senator Cynthia Lummis releases report attacking Biden’s mining tax
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers. Source link
Mark Cuban Says Kamala Harris Likely To Be ‘Far More Open’ to Crypto and AI if Elected President: Report
Billionaire Mark Cuban reportedly believes Kamala Harris would take a more welcoming approach to business, cryptocurrency and artificial intelligence (AI)...
Is Trump right to worry that China could ‘take over’ crypto?
Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized...
Europol anticipates rise in AI-driven cybercrime: Report
Europol’s 2024 report highlights AI tools enabling non-technical individuals to conduct sophisticated cybercrimes. Source link
JPMorgan Chase, Wells Fargo and Bank of America Playing ‘Heads I Win, Tails You Lose’ With Customers As Hundreds of Millions of Dollars Disappears on Zelle: US Senator Richard Blumenthal
A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game...