How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley's framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions.
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Arbitrum (ARB) falls to all-time low as network usage metrics decline
ARB’s price slumps to a new low as a decline in TVL, a decline in active addresses engaging with its DApps and a general malaise across the crypto market take their toll.
Blockchain could authenticate AI as crypto racks up court victories: Rep. Emmer
U.S. Rep. Tom Emmer told an audience at Permissionless II that things are looking up for crypto and it’s time to concentrate the narrative on innovation.
XRP bucks trend as crypto assets experience 4th straight week of outflows
Solana slid into the outflow column this week as Bitcoin’s outflows streak continued.
Bitcoin price dips below $25K — Opportunity, or a sign of incoming calamity?
BTC price peers over the cliff at $25,000. Should investors look for shelter or perceive an opportunity?
Google Chrome launches built-in user tracking for advertisers
Chrome’s Privacy Sandbox tracks users’ behavior within the browser instead of relying on third-party cookies.
FTX has $222M in Bahamas real estate, 1,300 tokens: shareholder presentation
Ten percent of shareholder claims have been settled so far. They will be able to assess the condition of the company at a meeting that runs Sept. 11-12.
Google launches Digital Futures Project with $20M in grants to support ‘responsible AI’
The launch comes ahead of a series of AI forums to be hosted by U.S. Senate Majority Leader Chuck Schumer.
How Web3 improves data storage: GhostDrive joins Cointelegraph Accelerator
FileCoin-based data storage app GhostDrive focuses on user experience and encryption features.
Aave v3 fork debuts noncustodial liquidity markets on Base
Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain.
GBTC ‘discount’ hits smallest since 2021 despite BTC price at 3-month lows
Bitcoin sits in the shade as the GBTC share price creeps ever closer to 1:1 against the BTC price.
Thai authorities arrest 5 in 3,200-victim, $27M crypto scam
Victims lost over $27 million worth of Thai baht after investing in a fraudulent cryptocurrency investment platform.
6 Questions for Kei Oda: From Goldman Sachs to cryptocurrency
Kei Oda spent 16 years trading bonds for Goldman Sachs — a life that eventually bored him. That was when he turned to cryptocurrency.
Web3’s revolution: Why the digital wallet is the new marketing gold
The cookie-less internet presents an opportunity, not a risk. It has the ability to redefine and strengthen the connection and trust between consumers and brands.
Sam Bankman-Fried’s lawyers request pre-trial release citing poor internet connection
Former FTX CEO Sam Bankman-Fried’s bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility.
Animoca plans to develop digital IDs and point system for Web3
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment.
Binance’s Richard Teng denies FTX comparisons: ‘We welcome the scrutiny’
Binance regional markets head Richard Teng insists that, despite regulatory scrutiny, the company has no parallels to collapsed exchange FTX.
India working on 5-point crypto legislation as ban is ruled out
Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian central bank, RBI.
Double top 'likely' confirmed — 5 things to know in Bitcoin this week
BTC price weakness shows as Bitcoin analysts debate the likelihood of a return toward $20,000.
Meta is building AI model to rival OpenAI's most powerful system
Meta is reportedly in the process of building a new, more powerful and open-source AI model to rival the most powerful systems of its rival OpenAI.
G20 nations reaffirm responsible use and development of AI technology
The G20 member nations recommended addressing existing concerns around data protection, biases, appropriate human oversight, and ethics to ensure the responsible use and development of AI.
France launches a certificate for finfluencers, including crypto
The country has introduced a non-obligatory Responsible Influence Certificate for those promoting crypto.
Solana falls 6% amid fears of FTX dump — but there's a catch
The price of Solana has plunged as the market fears a large FTX sell-off, however, it seems unlikely that the now-defunct exchange will dump all of its holdings at once.
Arbitrum's fraud proofs haven't been used in the two years since it launched
Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated.
Coinbase issues clarification after reports of it ceasing services in India
A Coinbase spokesperson cleared some of the confusion after a circulating rumor suggested that it would be shuttering all services for Indian customers.
Avalanche's HyperSDK blockchain upgrade hits 143K TPS on testnet
Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines.
Is 2023 the year genuine cross-chain interoperability takes off?
Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives.
FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat
FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back.
Lido assures LDO, stETH tokens remain safe despite flaw in token contract
The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns.
Friend.tech TVL tops $20M weeks after being declared ‘dead’
User activity on friend.tech has witnessed a major resurgence after briefly fizzling last week.