Vivek Ramaswamy has swiftly emerged as a figurehead for the crypto sector within the Grand Old Party (GOP) presidential race. A biotech entrepreneur by trade, Ramaswamy has cast himself in a new role: a crusader for crypto, promising sweeping changes
Former Deutsche Bank investment banker Rashawn Russell, 27, has pleaded guilty to investment fraud. The ex-banker admitted to running a scam cryptocurrency trading operation that plundered $1.5 million from investors. As a result, he faces up to 30 years in
The UK’s Online Safety Bill for a “safer Internet” has passed its final parliamentary debate and will become law soon, following years of deliberation. This sets tougher standards for social media platforms like Facebook, TikTok, and YouTube. A game-changer The
The current wave of generative AI tools like ChatGPT will soon be surpassed by “interactive artificial intelligence”, according to AI pioneer Mustafa Suleyman. Mustafa Suleyman, co-founder of DeepMind and founder of Inflection, has hinted that the next big thing after
According to a recent report, Joseph Bankman and Barbara Fried, the parents of FTX founder Sam Bankman-Fried (SBF), are now facing legal action. Debtors of the now-bankrupt cryptocurrency exchange FTX allege that the couple illicitly pocketed millions. Filed on Sept.
The antitrust watchdog of the UK, the Competition and Markets Authority (CMA), outlined seven principles to ensure a fair and competitive AI ecosystem on Sept. 18. The discussion of regulating AI is a hot topic around the world, as 2023
Under Chairman Patrick McHenry’s leadership, the United States House Financial Services Committee has been making deliberate moves that seem poised to hinder the development of a digital dollar, or Central Bank Digital Currency (CBDC). This body of lawmakers is set
Lord Justice Colin Birss, a British Court of Appeal judge specializing in intellectual property law, has admitted to using the artificial intelligence (AI) language model ChatGPT to assist in drafting a ruling. This watershed moment raises pertinent questions about the
Genesis Global has officially announced the cessation of its trading operations. This comes after the crypto lender, an affiliate of Digital Currency Group (DCG), recently lodged a hefty lawsuit against its parent entity in a New York bankruptcy court. Once
In an era when artificial intelligence transforms the entertainment industry, California has stepped up to bat for its artists. Assemblymember Ash Kalra of San José is championing legislation that aims to prevent the unchecked use of AI in replicating actors
Singapore’s central bank and regulatory authority, the Monetary Authority of Singapore (MAS), has dropped a bombshell on the global financial landscape. Significantly, Kyle Davies and Su Zhu, the duo behind Three Arrows Capital (3AC), have been handed a nine-year prohibition
An unhinged article published by MSN, the online news portal owned by Microsoft, described deceased former NBA player Brandon Hunter as “useless” in its headline, sparking outrage on social media. The post, which appears to have been written by an
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