Wednesday, November 20, 2024
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US and China AI-tech standoff shows signs of spreading to other countries

The emergence of high-level artificial intelligence (AI) technology has caused the United States and China to safeguard their resources in a race to develop the most powerful systems.A tense relationship is developing between the two world powers, as the Biden Administration announced it would limit Chinese tech investments in semiconductors,

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Swedbank Strategist Says US Banking Crisis Is Spreading — Warns of More Banks Failing in ‘Vicious Spiral’ – Economics Bitcoin News

A strategist at Swedbank, a Swedish bank, has warned that the regional banking crisis in the U.S. is spreading. After several bank failures, he stressed that Pacwest Bank, Western Alliance Bank, and First Horizon Bank have all been “subject to financial meltdowns.” Swedbank on U.S. Banking Crisis Spreading Pär Magnusson, a fixed

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Spreading misinformation about Changpeng Zhao ‘was the norm’ for SBF, says Binance CSO

Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means to spread "fake rumors" about Binance chief executive officer Changpeng Zhao, according to Patrick Hillmann.In an April 21 Twitter thread, Hillmann — the chief strategy officer at Binance — said Bankman-Fried used his influence to label CZ as

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‘Sorry for spreading a rumor’, says podcaster on Lido’s FUD

Co-founder of content studio Bankless David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms, including the decentralized finance protocol Lido Finance. "Carpet bombing" was a reference to an allegedly flood of well notices sent to crypto firms last week, Hoffman was told

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Silvergate CEO calls out ‘short sellers’ spreading misinformation

Silvergate Capital CEO Alan Lane has slammed “short sellers” and “other opportunists” for spreading misinformation over the last few weeks — just to score themselves a quick buck. In a Dec. 5 public letter, Lane said there was “plenty of speculation – and misinformation” being spread by these parties to “capitalize

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New Paypal Policy Lets Firm Fine Users $2,500 for Spreading ‘Misinformation,’ ToS Condemned and Called an ‘Abomination’ – Bitcoin News

A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject to the penalty. Paypal’s New User Agreement Clause Says

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South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry – Bitcoin News

A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading inaccurate information that “does immeasurable damage to an important new industry.” Only 0.15%

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Spreading holiday joy through charitable giving with cryptocurrency

The holidays are the perfect time of the year for giving back, and the rise of cryptocurrencies has created even more opportunities for charitable initiatives. This was highlighted during Giving Tuesday 2021, the Tuesday after Thanksgiving which saw over $2.4 million raised in cryptocurrency from the nonprofit fundraising platform The

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