Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller stressed: “Now, you’ve got blockchain, you’ve got AI, you’ve got the whole thing. All […] Source: https://news.bitcoin.com/stan-druckenmiller-slams-bidenomics-advocates-for-less-government-to-boost-innovation/
Billionaire investor Mark Cuban says that assigning all authority to the CFTC “could solve” the problem of vocal crypto voters for current United States president Joe Biden. Source: https://cointelegraph.com/news/mark-cuban-cryptocurrency-cftc-regulation-united-states-sec
Cryptocurrency exchange ShapeShift founder Erik Voorhees announced on Friday the public launch of his latest venture, Venice AI, a privacy-focused generative AI chatbot. Privacy is a critical concern for the cryptocurrency space and among artificial intelligence users—a crucial factor in the creation of Venice AI, he said. “I saw where AI is going, which is to be captured by large…
Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that makes it prohibitive for financial institutions to hold customers’ digital assets. Critics, including House Financial Services Committee […] Source: https://news.bitcoin.com/senate-urged-to-swiftly-overturn-secs-misguided-crypto-rules/
Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people. Source: https://cointelegraph.com/news/open-source-cbdcs-not-going-protect-you-from-government
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each, the company aims to sell 30,000 bitcoin meal boxes by May 31. Customers purchasing these boxes can receive 10,000 won worth of bitcoin by using […] Source: https://news.bitcoin.com/bitcoin-meal-box-south-korean-convenience-store-chain-partners-with-crypto-exchange-to-promote-btc/
Leading AI developer OpenAI riled up the tech world and the mainstream press alike on Thursday when it introduced a new model specification that many interpreted to mean that its wildly popular generative AI tools would be allowed to generate not-safe-for-work adult content. “We believe developers and users should have the flexibility to use our services as they see fit,…
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs. Source: https://cointelegraph.com/news/jpmorgan-chase-shares-spot-bitcoin-etf
Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without the “Orwellian” oversight typical of centralized platforms, offering a truly private and uncensored user experience. New AI on the Block: Venice […] Source: https://news.bitcoin.com/erik-voorhees-unveils-new-ai-platform-promising-privacy-and-unfiltered-free-speech/
Ethereum could use a much better system for charging transaction fees from its users, the network’s chief architect Vitalik Buterin argued in a widely circulated essay published Thursday. Buterin’s post, which laid out a path toward a more customized and equitable system, immediately garnered two sorts of reactions: Ethereum users, who expressed their excitement at the prospect of lower fees on…
