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The OpenAI employees said in the letter that the board’s ousting of Altman shows a lack of competence to manage the firm and help it achieve its goal of becoming the leading global artificial intelligence company. In a dramatic turn of events, hundreds of OpenAI employees, including high-ranking executives, are on
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The U.S. Treasury Department is currently pushing for new rules that enhance monitoring and reporting capabilities on virtual currency mixers leveraged by illicit actors and terrorist groups. On Oct. 19, the Wall Street Journal reported that President Biden’s administration is set to designate crypto mixers as a threat to national security.
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The chief artificial intelligence (AI) scientist at Meta has spoken out, reportedly saying that worries over the existential risks of the technology are still “premature,” according to a Financial Times interview. On Oct. 19 the FT quotes Yann LeCun as saying the premature regulation of AI technology will reinforce dominance of
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Since Scalise is staying in his current job, Rep. Tom Emmer (R-Minn.), one of crypto's biggest fans in Congress, won't get greater power by stepping into that majority leader role. This keeps him – at least for now – as majority whip, the No. 3 role in the House leadership,
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While not much is known about the Lazarus Group, researchers have attributed numerous cyber attacks to them over the past decade, as well as ties to Russia. The most notorious crimes of Lazarus Group The Lazarus Group (also known as the Guardians of Peace or the Whois Team) is a cybercriminal group
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Ethereum has been one of the cryptocurrencies to maintain a reasonably high level even through multiple price crashes in the market. However,
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Ultimately central bank officials are usually economists, not marketing experts, and technical answers may only go so far. As Erik Luts, chief innovation officer at Belgian bank KBC, said, for CBDCs to work, people need to trust them, and that requires its proponents not just to argue over details, but
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The Ethereum DeFi space is currently experiencing a rough few hours. All major DeFi coins are posting deep red numbers in the last 24 hours: Compound (-18%), Aave (-10%), Curve (-10%), Frax (-6%), and Synthetix (-6%). The reason? Curve Finance, a flagship decentralized exchange specializing in stablecoin swaps, recently suffered a
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The AI task force advisor to the prime minister in the United Kingdom said humans have roughly two years to control and regulate artificial intelligence (AI) before it becomes too powerful. In an interview with a local UK media outlet Matt Clifford, who also serves as the chair of the
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A growing number of US-based crypto companies are considering leaving the country due to increasingly harsh SEC crackdowns. Following a harsh crackdown by the Securities and Exchange Commission (SEC) in the US, several crypto companies threatened to leave the country. On Sunday, reports stated that these US-based crypto players are testing their lobbying
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