British Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI, and Anthropic — three tech outfits widely considered the global industry leaders in generative AI technologies — have agreed to provide the United Kingdom with early access to their AI models. Sunak made the announcement during a speech opening London Tech Week, an event described by organizers as “a…
Month: June 2023
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a 2.4% decline between June 4 and June 11. This time, the move wasn’t driven by Bitcoin (BTC), as the leading cryptocurrency gained 0.8% during the 7-day period. The…
SEC, CPI and a ‘strong rebound’ — 5 things to know in Bitcoin this week
Bitcoin faces a week full of potential price triggers — both up and down — as BTC price action drops below a major trend line. Source: https://cointelegraph.com/public/index.php/news/sec-cpi-and-a-strong-rebound-5-things-to-know-in-bitcoin-this-week
BTC Prague 2023: ‘Anyone can produce value in the Bitcoin ecosystem’
Wolf von Laer, the CEO of Students for Liberty, spoke with Cointelegraph about the nature of the Bitcoin community and the need for more openness. Source: https://cointelegraph.com/public/index.php/news/btc-prague-2023-students-for-liberty-interview
Bitcoin to fight against European challenges — Northern Lightning founder
The Bitcoin community continues to develop tools and services that could be helpful as Europe grapples with conflict, migration and government overreach. Source: https://cointelegraph.com/public/index.php/news/bitcoin-prague-interview-northern-lightning
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely dismissing digital asset custodian BitGo’s case following a dropped acquisition of the firm in 2022. According to court documents filed on June 9, Vice Chancellor J. Travis Laster dismissed BitGo’s complaint against Galaxy Digital with prejudice. The decision followed Galaxy…
BitGo’s Lawsuit Against Galaxy Digital Over $1.2B Merger Dismissed
Crypto investment firm Galaxy Digital will not have to pay damages over its abandoned tie-up with asset custodian BitGo, after a lawsuit against the company was dismissed. Announcing that a court had decided to dismiss the claim, Galaxy said it was “pleased” with the outcome. “Now is the time for all of us to work together and focus on the…
Is Ron DeSantis good for crypto? Republican makes Bitcoin part of campaign
Florida Governor Ron DeSantis officially entered the United States presidential race on May 24. During a Twitter broadcast hosted by venture capitalist David Sacks, DeSantis pledged to lead a “Great American Comeback,” provoking accusations of plagiarism from ex-President and fellow 2024 presidential candidate Donald Trump. Among topics like U.S. immigration policy and the supposed prevalence of “critical race theory,” DeSantis…
Is AI a nuke-level threat? Why AI fields all advance at once, dumb pic puns – Cointelegraph Magazine
Just as we don’t allow just anyone to build a plane and fly passengers around, or design and release medicines, why should we allow AI models to be released into the wild without proper testing and licensing? That’s been the argument from an increasing number of experts and politicians in recent weeks. With the United Kingdom holding a global summit on…
Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion. Source: https://cointelegraph.com/public/index.php/news/tether-billion-usdt-mint-on-ethereum-for-chain-swaps