The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media. In a June 12 report, the UN claimed the risk of disinformation online has “intensified” due to “rapid advancements in technology, such as generative artificial intelligence” and singled out deepfakes in particular. The UN said…
Read more
Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face “disastrous consequences” if they don’t. Gün Sirer’s comments in defense of what he describes as a “revolutionary technology” is part of a testimony that he is scheduled to give to the…
Read more
On June 12, European cryptocurrency investment firm CoinShares published its latest weekly “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experienced outflows of $88 million last week. The substantial drawdown added to the ongoing eight-week streak of outflows, which now total $417 million. Analysts at CoinShares have attributed this ongoing trend to monetary policy considerations, as…
Read more
United States Congressman Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives, announced on June 12. One of the bill’s main provisions is to fire Securities and Exchange Commission (SEC) chair Gary Gensler. Davidson said in a statement: “U.S. capital markets must be protected from a tyrannical Chairman, including the current…
Read more
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…
Read more
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%…
Read more
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…
Read more
The Bitcoin (BTC) community in Europe continues to be a voice to combat vexing social problems affecting the continent, according to podcast host Eric Dale. The CEO of Northern Lightning conferences, which hosts a number of Bitcoin events across Europe, believes the continent’s Bitcoin community is fostering ideals that will be crucial to address ongoing…
Read more
Throughout recent years the world of crypto has been subject to as much scrutiny and volatility as it has innovation and growth. A big component of the resilience of the industry has been the community that stands in support of the technology and its utility to transform digital finance. One of the most prominent crypto…
Read more
The proof-of-work consensus mechanism of Bitcoin (BTC) could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols thanks to efforts from a Stanford University professor. David Tse and his research team are driving the use of the preeminent cryptocurrency to provide added security to PoS networks. Tse’s proprietary Babylon blockchain…
Read more