The recent White House Conference on Competition Policy and Artificial Intelligence, convened by Lael Brainard, Assistant to the President and National Economic Advisor, took important steps forward in resolving the entanglement of AI with economic and competition policy. The meeting brought together a diverse group of stakeholders to discuss the Administration’s approach to AI and emphasized its role in creating fair, open, and competitive markets. At the center of the discussion was the risk of market concentration within the AI ecosystem, which encompasses a variety of key components such as semiconductors, computing power, cloud storage, talent, and data. High concentration…
Author: Crypto Flexs
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Notes on the Stateless Ethereum initiative: Research activity slowed down (understandably) in the second half of 2020 as all contributors adjusted to life on strange schedules. However, as the ecosystem moves closer to Serenity and the Eth1/Eth2 merger, Stateless Ethereum work will become increasingly relevant and influential. Expect to see a more substantial year-end stateless Ethereum retrospective in the coming weeks. Let me summarize again. The ultimate goal of stateless Ethereum is Requirements Ethereum nodes that allow state changes by maintaining a full copy of the updated state tree at all times and instead relying on (much smaller) pieces of…
Binance, the world’s largest cryptocurrency exchange, took the Securities and Exchange Commission (SEC) to court on Monday in an attempt to dismiss a lawsuit filed by the regulator. Both parties were asked by the judge why certain cryptocurrencies should be considered securities and subject to SEC rules.At the hearing, Judge Amy Berman Jackson said: ~ Of U.S. District Court for the District of Columbia Both sides were pressed on whether or not. BNB -4.42% , BUSD +0.42% Other assets traded on Binance either meet or do not meet the Howey test criteria, a set of parameters used by the SEC…
Bitcoin fell below $40,000 due to bankrupt cryptocurrency exchange FTX’s sale of GBTC and spot BTC ETF issuer Grayscale’s deposit of Coinbase BTC. Bitcoin (BTC) fell nearly 9% on January 22, trading at around $39,700 on places like Binance and Coinbase. The price drop was likely driven by outflows from the Grayscale Spot Bitcoin ETF, a fund built on top of Grayscale’s long-standing GBTC product, the largest cryptocurrency. BTC under $40,000 | Source: TradingView GBTC is the largest spot BTC ETF in US marketing, with over $20 billion in assets under management. Since the Securities and Exchange Commission (SEC) allowed…
join us telegram A channel to stay up to date on breaking news coverage Bitcoin price fell 1.4% in the last 24 hours. Traded for $40,975 As of 11:05 PM ET, daily trading volume was up 9% to $10.8 billion. This follows Franklin Templeton CEO Jenny Johnson saying she is a “believer” in Bitcoin and sees it as more than just an investment. “It is also a safety net for countries with unstable political and economic conditions,” she said. Franklin Templeton manages $1.5 trillion in assets and launched a spot Bitcoin ETF. Because Bitcoin plays such an important role in…
Popular cryptocurrency YouTuber Ben Armstrong shared his optimistic predictions. Cardano (ADA) price. In presenting his predictions, Armstrong also noted the following: Latest ADA Price Predictions It was created by cryptocurrency analyst Ali Martinez. Armstrong’s Bull Case for Cardano is $11. in video Posted on his YouTube channel ben armstrong He noted that his upside prediction for ADA is $11. However, the cryptocurrency YouTuber did not share any analysis to support his bullish sentiments. Instead, he only referred to the previous ADA analysis that Martinez shared as part of his research. ADA predictions It reached $7. In his analysis Martinez We…
The highly anticipated hearing on the SEC’s lawsuit against Binance took place today in Washington. That’s because the trial revealed several challenges for major exchanges. Last year, the SEC further complicated the cryptocurrency regulatory landscape by accusing Binance and its U.S. branch of multiple violations, including inflating trading volume, misusing customer funds, and misleading investors about market controls. Presiding over the case, Judge Berman Jackson took a direct approach, bypassing prepared arguments and asking pointed questions. her skepticism Utilizing the “scheme” language of the landmark Howey case to discuss the need for covenants in investment agreements sets an important tone…
Sparking the latest mystery surrounding Bitcoin Ordinals, someone airdropped 21,000 digital inscriptions on Sunday as part of an apparent gaming promotion.”The technology arms race has begun. 21,000 state-of-the-art RSICs manufactured in our factories are being shipped from our distribution centers to the Ordinals community,” read 56,754,110 times. “RSIC is designed for the sole purpose of securing rune bags. These runes will be engraved in our mint after the launch of the rune protocol on Bitcoin.”The group behind the airdrop calls itself Runecoin, but appears to have no connection to the Runes concept, designed last year by Casey Rodarmor, the original…
In a striking demonstration of the creative capabilities of artificial intelligence, the Instagram account ‘the_ai_dreams’ recently released an image of actress Emma Watson, best known for the ‘Harry Potter’ series, transformed into a man. This AI-generated transformation is not only a testament to Watson’s timeless beauty, but also a commentary on the power of technology and gender fluidity to redefine celebrity images. This interesting visual transformation of Watson wears a stunning suit complete with hairy chest and challenges viewers to recognize her in this new masculine look. Some observers have even drawn parallels with famous characters such as Dacre Montgomery…
Bitcoin price began a new decline below the $41,250 support area. BTC is showing signs of weakness and could fall significantly below the $40,000 support area. Bitcoin price is gaining bearish momentum below the $41,500 area. The price is trading below $41,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming with resistance near $41,320. The pair is currently at risk of further downside if it breaks the $40,000 support zone. Bitcoin price resumes downward trend Bitcoin price has struggled to stay above the $42,200 support…