A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful recovery” that was meant for victims of FTX, according to the bankrupt crypto exchange. The United States tax authority has been trying to chase tax arrears from the crypto exchange and its sister firm Alameda Research since May this year. The IRS initially…
Month: December 2023
Microsoft and AFL-CIO Come to Terms on Unionization and AI
The largest federation of international labor unions on Monday announced a deal with technology giant Microsoft, opening the door for employees to unionize and starting a dialogue about how artificial intelligence will be used and implemented at the company. “By working directly with labor leaders, we can help ensure that AI serves the country’s workers,” said Microsoft president Brad Smith…
Avalanche was ‘undervalued’ before posting 79% weekly gain: Analysts
Avalanche (AVAX) appears to be one of the few major cryptocurrencies to buck the recent crypto decline, posting a phenomenal 79% weekly gain as others have declined. Some analysts believe this is due to recent partnership announcements and a rise in trading volumes and total value locked, while others claim there’s been a shift in how altcoins are valued. While…
Only 11 of 330 Elizabeth Warren’s bills have ever passed
Senator Elizabeth Warren’s crypto Anti-Money Laundering bill has been causing a massive stir in the crypto industry. But some have pointed out that the senator’s bills have a track record of not going anywhere. According to data from the bill-tracking platform GovTrack, Warren has introduced 330 bills during her 11 years as a senator. Ten of them were eventually folded…
‘Brainoware’: Brain Cells Fused With AI Could Recognize Voices
Scientists have found a way of integrating living human brain cells into computing systems, and may potentially obsolete the “A” in AI. A team from Indiana University Bloomington recently published a paper about a new system dubbed “Brainoware,” which they say uses human brain organoids in completing advanced AI tasks. These organoids—artificially grown masses of cells or tissue that resemble…
El Salvador’s Volcano Bond gets regulatory approval, targets Q1 launch
El Salvador’s long-anticipated Bitcoin bonds, also known as “Volcano Bonds” have received the regulatory nod, and are expected to launch early 2024. The Volcano Bond was approved by El Salvador’s Digital Assets Commission and is anticipated to launch during the first quarter of 2024, according to a Dec. 11 statement from The National Bitcoin Office (ONBTC) of El Salvador. BREAKING…
OurSky Raises $9.5 Million to Add an API to Open-Source Astronomy
OurSky, a Southern California-based technology company, wants to give amateur astronomers the tools they need to add artificial intelligence and open-source technology to their scans of the stars. On Monday, OurSky launched the beta version of its network of telescopes connected via API after raising close to $10 million in seed funding. Founded in 2021 by Dan Roelker and Alex…
Your Custom GPT Could Be Tricked Into Giving Up Your Data
If you’re still in the honeymoon phase of your relationship with your custom GPT, we’re sorry to have to spill the tea. A recent study by Northwestern University has revealed a startling vulnerability in custom Generative Pre-trained Transformers (GPTs): although they can be customized for diverse applications, they are also susceptible to prompt injection attacks that can expose sensitive information.…
Google Cloud to Run Validator on Crypto Gaming Network XPLA
XPLA, a blockchain network founded by major South Korean game publisher Com2uS, has enlisted Google Cloud as its first “volunteer validator” for the network. Blockchain validators verify and confirm transactions to support the network. In the case of XPLA, volunteer validators are not rewarded with tokens for supporting the network. Instead, the tokens are distributed to a community pool. That’s…
Yuga Labs co-founder addresses come-back rumors amid ongoing health break
Nonfungible token (NFT) entrepreneur Wylie Aronow has confirmed he isn’t ready to return to Yuga Labs, the NFT firm he co-founded, despite making “steady progress” with his health. “I’m not ready to come back to even part-time work. I have to ensure I’m around for a long time, for those who need me,” Aronow said on Dec. 11 in addressing…