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OpenAI CEO Sam Altman went to Washington to discuss artificial intelligence with U.S. policymakers. For the second time, Altman appeared before the U.S. Senate Committee on the Judiciary alongside IBM's Chief Privacy & Trust Officer Christina Montgomery and Gary Marcus, Professor Emeritus at New York University.
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A motion from the United States Securities and Exchange Commission (SEC) to seal records of its internal deliberations following a speech by former director William Hinman has been denied — a move that has been seen as a win for the Ripple and crypto community. In the June 2018 speech, the
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A war of words between the BlockFi Creditors Committee and the bankrupt digital asset lender's management continued in a court filing published late Monday. The creditors called BlockFi’s narrative that it was a victim of FTX and Alameda a “false case narrative” and blamed the firm'
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“The rules have already been published,” asserted Securities and Exchange Commission (SEC) chairman Gary Gensler during a keynote speech on Monday, strenuously pushing back on criticism that the SEC has not provided useful guidance for crypto companies looking to remain in compliance with federal law. The 27th annual Financial Markets
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A drug dealer caught with $6.7 million in cryptocurrency and $1.4 million worth of cocaine has lost the millions of dollars he made on the dark web in a record confiscation of its kind by the West Yorkshire financial crime department. The 42-year-old Simon Barclay ran a drugs
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Amid Bitcoin’s recent spike in transaction fees, block number 788695 marks a special milestone for miners: For the first time since 2017, the transaction fees in a single block surpassed the block rewards doled out to miners. Transaction fees in the block clocked in at 6.7 Bitcoin, beating
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P2P platform Paxful is up and running and being run by a Delaware lawyer, co-founder Artur Shaback said. Paxful posted a note online saying, "After a month away, we’re happy to announce that the Paxful marketplace is back online." The platform shuttered in April as the company
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Cryptocurrency exchange Binance temporarily paused Bitcoin withdrawals on its platform on Sunday, preventing the largest token by market cap from leaving the leading venue by trading volume. Binance said its decision was based on congestion issues impacting Bitcoin’s network, adding that the exchange was “currently working on a fix”
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The United States Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award, a whopping $279 million. The SEC generally issues awards ranging between 10% to 30% of collected monetary sanctions larger than $1 million. To receive such an award, the whistleblower must provide information that directly assists the
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According to people familiar with the matter, the Justice Department is investigating whether Binance Holdings Ltd. was used illegally to let Russians skirt US sanctions and move money through the world’s biggest cryptocurrency exchange. The inquiry by the Justice Department’s national security division is looking at whether Binance
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As revealed last summer, Curve Finance, the second-largest decentralized exchange after Uniswap, has deployed its highly anticipated stablecoin CrvUSD onto the Ethereum blockchain. Announcing the development, the company tweeted, “As many figured—deployment of crvUSD smart contracts has happened! This is not finalized yet because UI also needs to be
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The Texas State regulators have demanded the termination of an “Artificial intelligence investment scam” that promoted TruthGPT Coin using fake animated avatars and images of Tesla and Twitter CEO Elon Musk to dupe would-be investors. The emergency cease and desist order was filed against Horatiu Charlie Caragaceanu, The Shark of