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Weekly News

US Justice Department Seeks Tougher Penalties for AI Misuse in Criminal Activities

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

TLDR The US Department of Justice (DOJ) recommends harsher sentences for AI-enhanced crimes. The DOJ has asked the US Sentencing Commission to consider an AI-specific sentencing enhancement. The proposed enhancement…

Continue ReadingUS Justice Department Seeks Tougher Penalties for AI Misuse in Criminal Activities

Ripple Victory: Court Rejects Full SEC Claim, Imposes $125M Fine

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Ripple scored a partial win against the SEC as the U.S. justice system denied all the SEC’s claims. So, it looks like brighter skies ahead for XRP. Ripple has been…

Continue ReadingRipple Victory: Court Rejects Full SEC Claim, Imposes $125M Fine
Read more about the article Bitfarms stock rises 22% after Q2 loss came out better than expectations

Bitfarms stock rises 22% after Q2 loss came out better than expectations

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report. Canadian Bitcoin mining company Bitfarms surged nearly 22% following the release…

Continue ReadingBitfarms stock rises 22% after Q2 loss came out better than expectations
Read more about the article Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart

Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions. Bitcoin has reclaimed $62,000 just a few days…

Continue ReadingBitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart
Read more about the article Palantir surges 11% after deal to sell AI to US defense, intel agencies

Palantir surges 11% after deal to sell AI to US defense, intel agencies

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community. Intelligence firm Palantir shares closed 11% higher on…

Continue ReadingPalantir surges 11% after deal to sell AI to US defense, intel agencies
Read more about the article Debate rages over Bitcoin power law as critics label it a ‘magic trick’

Debate rages over Bitcoin power law as critics label it a ‘magic trick’

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other. The Bitcoin power law — a mathematical model that suggests…

Continue ReadingDebate rages over Bitcoin power law as critics label it a ‘magic trick’
Read more about the article Chinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express

Chinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

China’s elderly are joining crypto tapper cults, WazirX faces fraud probe and asset freeze, Do Kwon’s flight home delayed again: Asia Express Our weekly roundup of news from Asia curates…

Continue ReadingChinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express
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