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United States

This week in AI: Elon Musk pressured to fix Grok mess, OpenAI exec joins Anthropic, Palantir secures partnerships
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10 August, 2024

This week in AI: Elon Musk pressured to fix Grok mess, OpenAI exec joins Anthropic, Palantir secures partnerships

This week in the AI, observers saw U.S. authorities dash to fix the chaos caused by Elon Musk's Grok, OpenAI's...
NYAG outlines benefits and risks of AI in anticipation of potential regulation
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9 August, 2024

NYAG outlines benefits and risks of AI in anticipation of potential regulation

Key benefits included AI’s application in the healthcare sector and the streamlining of administrative tasks, while possible risks include algorithmic...
Trump family doubling down on ‘crypto’ cash as rival Harris surges in polls
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9 August, 2024

Trump family doubling down on ‘crypto’ cash as rival Harris surges in polls

As election fever takes hold, the Trump family seems to be finding ways to get more cash by hinting at...
New bill pushes blockchain use in US Veterans Affairs
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9 August, 2024

New bill pushes blockchain use in US Veterans Affairs

Rep. Nancy Mace introduced a bill that pushes the U.S. Department of Veterans Affairs to explore how blockchain can enhance...
‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action
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9 August, 2024

‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action

The Fed Board hit Customers Bank with an enforcement action after results of inspections carried out by the central banking...
Ripple fined $125 million, barred from future securities law violations
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8 August, 2024

Ripple fined $125 million, barred from future securities law violations

U.S. District Judge Analisa Torres gave Ripple 30 days to pay its $125 million penalty while permanently restraining and enjoining...
Binance protests $86M tax bill for unauthorized operations in India
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7 August, 2024

Binance protests $86M tax bill for unauthorized operations in India

India's Directorate General of GST Intelligence unit has issued a show cause notice to Binance demanding a GST payment of...
BTC plunge will weed out struggling miners, further centralize control
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6 August, 2024

BTC plunge will weed out struggling miners, further centralize control

Alarm bell rings as market chaos ensued following a huge drop in several tokens' fiat price over the weekend and...
California DMV digitizes 42 million car titles on the blockchain
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6 August, 2024

California DMV digitizes 42 million car titles on the blockchain

The California DMV is working on a mobile app that’s expected to launch early next year to give 39 million...
US Copyright Office calls for ‘prompt federal action’ to combat AI deepfakes
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5 August, 2024

US Copyright Office calls for ‘prompt federal action’ to combat AI deepfakes

The Office released the first part of its report on digital replicas, calling on Congress to enact a new law...
North Carolina House of Representatives overturns governor’s veto of bill banning CBDC
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5 August, 2024

North Carolina House of Representatives overturns governor’s veto of bill banning CBDC

Prohibiting testing or accepting a potential U.S. central bank digital currency remains on the table after the majority of North...
Coinbase profits plunge as retail traders lose their appetite for self-destruction
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2 August, 2024

Coinbase profits plunge as retail traders lose their appetite for self-destruction

Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing...