Baidu’s Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie
Reports of Baidu’s AI chatbot Ernie Bot undergoing military testing led to an 11.5% drop in its stock, reflecting investor concerns over […]
Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC’s Approach
Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission’s approach under Gary Gensler as […]
Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum
At the World Economic Forum in Davos, OpenAI CEO Sam Altman emphasized the need for an energy breakthrough to sustain future AI […]
ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs
ProShares plans to launch five innovative Bitcoin ETFs, offering leveraged and inverse exposure to Bitcoin through the Bloomberg Galaxy Bitcoin Index, marking […]
Legal Battle Intensifies as Bankman-Fried’s Parents Counter FTX’s Allegations
Stanford Law professors Bankman and Fried are attempting to dismiss a lawsuit filed by FTX, alleging misappropriation of funds and knowledge of […]
Australia Evaluates Mandatory AI Rules in High-Risk Areas
Australia is considering mandatory regulations for AI development in high-risk areas, balancing innovation with public safety, ethical concerns, and global alignment in […]
US States Challenge CBDC as Legal Tender
Four U.S. states – Utah, South Carolina, South Dakota, and Tennessee – have filed bills to exclude Central Bank Digital Currencies (CBDCs) […]
Ethereum’s Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification
Vitalik Buterin agrees with Daniel Wang on classifying Ethereum rollups using external data chains as validiums, not traditional rollups. This debate underscores […]
Chinese Premier Li Qiang Advocates Ethical AI Boundaries at Davos
Chinese Premier Li Qiang at the Davos Forum calls for establishing ethical boundaries and good governance in AI development, emphasizing the need […]
EBA Issues Updated Guidelines for Crypto Asset Service Providers
The European Banking Authority (EBA) extends Anti-Money Laundering and Counter-Terrorist Financing measures to include crypto firms, aiming to harmonize regulatory approaches and […]
IRS Delays Crypto Reporting Requirements for US Businesses
The IRS delays enforcing crypto transaction reporting requirements for US businesses, pending a comprehensive regulatory framework. This follows the crypto community’s concerns […]
Core Scientific’s Bankruptcy Exit: Financial Revival and Operational Expansion
Core Scientific’s court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and […]