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The Pope and US regulators warn about AI dangers: Legislation Decoded

[ad_1] These days, everybody has an opinion on synthetic intelligence (AI) and its potential dangers. Even Pope Francis — the top of the Catholic Church — warned humanity of AI’s potential risks and defined what must be finished to manage it. The Pope desires to see an international treaty to manage AI to make sure it's developed and used ethically. In any other case, he says, we danger falling into
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Revolut Enterprise reportedly cuts crypto companies forward of recent guidelines

[ad_1] Neobank Revolut will quickly halt cryptocurrency purchases on its enterprise platform in the UK firstly of the brand new 12 months, based on a media report. An e mail informing prospects of the choice talked about solely buying, implying holding crypto and promoting it might go on uninterrupted. Revolut stated the pause was wanted to provide it extra time to adjust to new Monetary Conduct Authority (FCA) guidelines on selling
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SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE

[ad_1] The S&P 500 Index (SPX) rose 2.49% final week, extending its string of weekly beneficial properties to seven weeks, the longest such profitable streak since 2017. Nevertheless, Bitcoin (BTC) couldn't preserve its momentum and succumbed to profit-booking by the bulls. Trading resource Material Indicators said in a X (previously Twitter) publish that “ year-end revenue taking and tax loss harvesting” will prevail within the brief time period. Nevertheless, a crash
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Bitwise launches crypto ETF media marketing campaign with ‘The Most Fascinating Man within the World’

[ad_1] Actor Jonathan Goldsmith, who appeared as “The Most Fascinating Man within the World” in an promoting marketing campaign for Dos Equis beer, is reviving his persona to advertise Bitcoin (BTC) exchange-traded funds (ETFs) for Bitwise Asset Administration.In a Dec. 18 put up on X (Twitter), Bitwise released an advert spot with Goldsmith displaying “The Most Fascinating Man within the World” in an upscale bar, as he usually did within
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Former Lido holder recordsdata class motion lawsuit towards Lido DAO for crypto losses

[ad_1] A Lido holder initiated a category motion lawsuit towards the governing physique for liquid staking protocol Lido, in accordance with a grievance filed in a San Francisco United States District Court docket on Dec. 17. The lawsuit alleges that the Lido token is an unregistered safety and that Lido decentralized autonomous group (Lido DAO) is accountable for plaintiffs’ losses from the token’s worth decline.Criticism filed towards Lido DAO on
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EU Fee targets X over ‘dissemination of unlawful content material’

[ad_1] The European Fee stated it had opened formal proceedings to analyze X — previously Twitter — over content material associated to the terrorist group Hamas’ assaults towards Israel.In a Dec. 18 discover, the fee said it deliberate to evaluate whether or not X violated the Digital Companies Act for its response to misinformation and unlawful content material on the platform. In accordance with the federal government physique, X was
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Warren’s surveillance laws is tailored to assist massive banks

[ad_1] Evidently each time Massachusetts Senator Elizabeth Warren fails to get an anti-crypto invoice handed, she introduces a brand new draft. She has the technique of messaging payments — laws launched for the needs of media consideration and fundraising greater than precise passage — all the way down to a science.Warren's newest laws, the Digital Asset Anti-Cash Laundering Act, threatens to undermine crypto’s core rules of freedom and private sovereignty.
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Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M

[ad_1] Publicly traded Bitcoin (BTC) mining agency Cipher Mining (CIFR) is scaling operations with a brand new mega-purchase of cryptocurrency mining units.Cipher will purchase 37,396 models of Antminer T21 miners from the Chinese language crypto mining big Bitmain below a brand new settlement, the agency introduced on Dec. 18. The brand new mining tools to be purchased is predicted to ship 7.1 exahashes per second (EH/s) of self-mining capability by
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Ripple, Coinbase, a16z make investments $78M in pro-crypto PAC forward of US elections

[ad_1] Ripple CEO Brad Garlinghouse has publicly introduced the corporate’s intent to assist “pro-crypto’ candidates in the course of the 2024 United States election season. The corporate is amongst a bunch to have pledged a complete of $78 million to assist the Fairshake political motion committee (PAC).Fairshake announced that outstanding business corporations and gamers had contributed to a big “warfare chest” to again candidates who assist American crypto and blockchain innovation
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BlockShow unites with BlockDown for a crypto pageant in Hong Kong

[ad_1] BlockShow, a significant international convention dedicated to the blockchain and cryptocurrency business, is making a comeback after 4 years, becoming a member of forces with BlockDown Competition — powered by public relations company EAK Digital — to deliver a festival-like Web3 occasion to Hong Kong in 2024.First launched in 2016, BlockShow is backed by the blockchain business publication Cointelegraph and can work carefully with EAK to provide the BlockShow