A federal magistrate judge has denied the Securities and Exchange Commission’s request to gain immediate access to Binance.US’s software, asking the regulator t… Source: https://cointelegraph.com/app/public/index.php/news/sec-fail-motion-compel-binance-us-software
By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said. Source: https://cointelegraph.com/app/public/index.php/news/canto-and-astar-blockchains-plan-migration-to-ethereum-ecoystem
There is a “real risk” that the artificial intelligence industry could develop in a way that could end up with only a few firms dominating the market, while consumers are bombarded with harmful information, according to the United Kingdom’s competition watchdog. In a report published Sept. 18, the Competition and Markets Authority looked into AI Foundation Models, concluding that while…
The lawyer responsible for laundering $400 million from the OneCoin fraud has been denied a motion seeking a new trial, despite a prosecution witness having perjured themselves in the trial against him in 2019. According to a Sept. 18 report from Bloomberg, 54-year-old lawyer Mark Scott argued that he didn’t know OneCoin was a fraudulent operation at the time and…
Two former executives from Andreessen Horowitz (a16z)’s crypto division have managed to raise $25 million in seed funding for their newly launched Web3 startup Bastion — despite the recent drought in venture capital funding. On Sept. 18, the new firm, Bastion, announced the launch of its product suite. The firm’s goal is to enable companies to integrate Web3 infrastructure into…
Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run. Source: https://cointelegraph.com/app/public/index.php/news/tom-emmer-crypto-sleeper-issue-2024-elections
Google has long preached the gospel of “content written by people, for people.” But in a recent update, the search giant is quietly rewriting its own rules to acknowledge the rise of artificial intelligence. In the latest iteration of Google Search’s “Helpful Content Update,” the phrase “written by people” has been replaced by a statement that Google is constantly monitoring…
While experts and pundits argue about how to rein in generative AI and decry bias in the technology, a group of tech enthusiasts gathered at the University of Southern California on Saturday to reach a different audience. The Y3K Innovation Summit was designed to show the community how AI, blockchain, and other technologies can be harnessed to benefit them. “A…
BTC price gains more than 3% as the week begins, but concerns over open interest “ramping up” almost $1 billion in hours offer a sense of Grayscale deja vu. Source: https://cointelegraph.com/public/index.php/news/btc-price-27-4-k-bitcoin-open-interest-grayscale-peak
Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the Polkadot ecosystem to Ethereum. Canto is a permissionless general-purpose blockchain, which is Ethereum Virtual Machine (EVM)-compatible with aims to onboard the traditional financial sector to decentralized finance applications. Upon an…
