Elon Musk Raises Concerns Over AI Bias and Political Correctness

by Александр Пирогов | May 24, 2024 | Blog News

Billionaire entrepreneur Elon Musk expressed his concerns about potential bias in current artificial intelligence (AI) protocols during his appearance at Viva Tech Paris 2024. Musk highlighted that his primary worry is the lack of a rigorous pursuit of truth within AI...

U.S. House of Representatives Passes FIT21 Bill Clarifying Crypto Market Regulation

by Александр Пирогов | May 23, 2024 | Blog News

The U.S. House of Representatives has passed the FIT21 bill, which aims to clarify the regulation of crypto markets under the jurisdiction of securities and commodities regulators. The bill passed with 71 Democrats and 208 Republicans in favor, while 136 members voted...

Florida Appeals Court Overturns Ban on Binance, Allowing Operations to Resume

by Александр Пирогов | May 23, 2024 | Blog News

A state appeals court ruled Wednesday that Florida regulators acted improperly when they blocked Binance from operating in the state. The decision effectively allows Binance to resume its operations in Florida. In a unanimous decision on May 22, the First District...

Hong Kong Privacy Commissioner Rules Against Worldcoin for Privacy Violations

by Александр Пирогов | May 23, 2024 | Blog News

The Hong Kong Privacy Commissioner’s Office (PCPD) announced Wednesday that the cryptocurrency project Worldcoin has violated the city’s Personal Data (Privacy) Ordinance (PDPO). The ruling comes after an investigation into Worldcoin’s collection of...

Donald Trump’s 2024 Campaign to Accept Cryptocurrency Donations

by Александр Пирогов | May 22, 2024 | Blog News

Former United States President Donald Trump, currently facing criminal charges in four jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations. In a May 21 notice, the Trump 2024 campaign launched a fundraising page...

SEC Moves Closer to Approving Spot Ethereum ETFs

by Александр Пирогов | May 22, 2024 | Blog News

The U.S. Securities and Exchange Commission (SEC) is advancing towards a decision on approving a spot Ethereum (ETH) exchange-traded fund (ETF). In response to regulatory feedback, the exchange associated with five potential spot Ethereum ETF issuers, Cboe, has...