The U.S. Securities and Exchange Commission (SEC) suffered another setback on July 28 as the D.C. Circuit overturned a ruling by the regulator ordering that SPIKES Index securities should be treated as ‘futures’ rather than as ‘securities futures’. The judge panel called the SEC order “arbitrary and capricious.” The decision relates to an order from 2020, in which the SEC…
Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels. Source: https://cointelegraph.com/news/price-analysis-7-29-btc-eth-xrp-bnb-ada-sol-doge-matic-ltc-dot
Are you worried that your parents or significant other will discover your favorite websites after you pass away? Should you be? Opera, the internet browser company behind OperaGX, has you covered with a new “deadman switch” feature: “Fake My History.” When triggered, it uses AI to swap your real browser history to a set of more wholesome sites. A “deadman…
Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control. Source: https://cointelegraph.com/app/public/index.php/news/heartland-tri-state-closed-by-fdic-as-banking-crisis-deepens
An open letter from GitHub, Hugging Face, Creative Commons and other tech firms are calling the European Union to ease upcoming rules for open-source artificial intelligence models. The letter urges policymakers to review some of the provisions of the EU’s Artificial Intelligence Act, claiming that regulating upstream open-source projects as if they are commercial products or deployed AI systems would…
Illustration by Mitchell Preffer for Decrypt. The beginning of the week saw the underwhelming launch of Worldcoin Protocol, along with its native cryptocurrency, WLD. Worldcoin is co-founded by Open AI CEO Sam Altman and the premise is at once utopian and dystopian: anyone wanting some WLD has to visit an ”Orb”—these can currently be found in Berlin, Dubai, London, Mexico…
The ongoing crisis surrounding the U.S. banking system struck again as Heartland Tri-State Bank of Elkhart was closed on July 29 by the Kansas Office of the State Bank Commissioner, with the Federal Deposit Insurance Corporation (FDIC) taking control. On July 31, the four branches of Heartland Tri-State Bank will reopen as branches of Dream First Bank under normal business…
OpenAI’s sister company Worldcoin wants you to buy its coin — and possibly unleash a tempest of problems across the world in the process. Source: https://cointelegraph.com/app/public/index.php/news/worldcoin-makes-reality-stranger-fiction
Following the announcement of X’s (formerly Twitter) ads revenue sharing initiative, crypto exchange Kraken proposed the possibility of accepting payments in Bitcoin (BTC). The X community responded positively to the tweet, praising the suggestion as a welcome idea. VJ Crypto Guerreier said it would be incredible if X CEO Elon Musk could begin with Dogecoin (DOGE) for payments. However, ixela.lens, another user…
The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges. On July 29, WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50. It now appears stuck inside the $2-2.50 trading range, hinting at a growing bias conflict in the market. WLD/USD daily price chart. Source:…
