The Australian government is actively considering introducing mandatory regulations for high-risk AI development. The move follows growing public concerns about the safety and ethical implications of rapidly advancing AI technology and calls from publishers for fair compensation for premium content used in AI training. The government’s approach is structured around five principles: using a risk-based framework, avoiding undue burden, public participation, consistency with the Bletchley Declaration and prioritizing people and communities in regulatory development. Concerns addressed include inaccuracy in AI model input and output, biased training data, lack of transparency, and potential for discriminatory output. Current initiatives to address AI-related…
Author: Crypto Flexs
In a legal battle that could set a precedent for the cryptocurrency world, Joseph Bankman and Barbara Fried, parents of FTX founder Sam Bankman-Fried, have asked a U.S. bankruptcy judge to dismiss a lawsuit filed against them by bankrupt cryptocurrency exchange FTX. . The lawsuit, filed in September 2023, accuses Bankman and Fried of enriching themselves at the expense of FTX’s debtors. FTX claims the couple took advantage of their access and influence within the FTX empire, but Bankman and Fried deny these claims and claim their relationship with their son makes them legally unsuitable. Claims and Counterclaims FTX’s lawsuit…
In a series of tweets on Wednesday, global investment firm Franklin Templeton weighed in on the merits of layer-1 blockchains Solana and Ethereum, leading to speculation about the investment giant’s next move. It continued. We took back the reins. Thank you to the DA research team for today’s thread. follow us @FTI_DA Stay tuned for further updates from our Digital Asset team. https://t.co/D7Lgt0A0nU — Franklin Templeton (@FTI_US) January 17, 2024Franklin Templeton, one of the world’s largest wealth management firms, manages more than $1.4 trillion in assets.“We believe that as the fees and performance of blockchain improve, the potential use cases…
Bitcoin price is still struggling below the $43,250 resistance zone. If BTC stays below $43,500 for long, there is more downside risk. Bitcoin price is still trading in the $41,500 range. The price is trading below $43,250 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break occurred below the main ascending channel with support around $42,880. The pair now faces further downside risk below the $41,500 support. Bitcoin price turns red Bitcoin price began a consolidation phase in the $41,500 area. BTC recovered a few points, but bearers remained…
The X account on Ethereum staking protocol Rocket Pool was hacked on January 17, with attackers asking users to migrate their assets via malicious links. Rocket Pool’s hijacker posted a message detailing a smart contract vulnerability discovered by the supposed team. The post asked users to click a link to migrate their assets to version 2 contracts to avoid losses. warning!!!Rocket full tweeter is corrupted!The Rocket Pool Twitter account has been compromised! Do not click on links in tweets from that account!For stolen accounts (do not click) @Rocket_Pool.— Hudson Jameson (@hudsonjameson) January 17, 2024 The Rocket Pool team confirmed the…
Bitcoin’s network hash rate has fallen by about 25% over the past few days due to Texas grid regulators’ calls for curtailment following the recent cold spell, with the US state now established as a global hub for the industry.Global hash rate estimates fell from around 600 EH/s on Friday to 450 EH/s on Tuesday, according to data from MiningPoolStats and Blockchain.com, the Jan. 14-17 forecast issued by ERCOT due to extremely cold weather across the region. Consistent with weather warnings until. . ERCOT, the Electric Reliability Council of Texas, operates as the grid regulator for most states.ERCOT’s warning was…
ARB prices fell more than 3%. TVL continued its upward trend despite the recent price decline. In recent days, Arbitrum (ARB) has experienced fluctuating price trends. Nonetheless, despite these price fluctuations, total value locked (TVL) within the network has reached an all-time high. Arbitrum recovery is interrupted. Between January 12th and 14th, Arbitrum’s daily timeframe chart showed a continuous downward trend. The largest decline occurred on January 14, reaching approximately 6.7%. This decline is the second largest decline this year. After this decline, Arbitrum attempted to recover, showing back-to-back upward trends on January 15th and 16th, for a total gain…
Gemini, a cryptocurrency exchange founded by the Winklevoss twins, has received approval for cryptocurrency registration from French market watchdog Autorite des Marches Financiers (AMF). According to recent presentation The exchange’s approval allows Gemini to offer its services as a virtual asset service provider in France. The company plans to launch the product to both retail and institutional customers in the coming weeks. Gemini Seizes Growth Opportunities in Europe As announced, Gemini customers in France will have access to a variety of cryptocurrencies as well as “high-end” cryptocurrencies for trading. trading platform Such as ActiveTrader. Institutional clients can also benefit from…
Ethereum is outperforming Bitcoin, driven by market expectations of a potential spot ETH ETF being approved. Ethereum (ETH) is showing signs of outperforming Bitcoin (BTC) in the medium term, according to QCP Capital’s latest market update report. This change in market dynamics is tied to expectations of a potential approval for a spot ETH ETF. 6/ The next major cryptocurrency events are the BTC halving (mid-April) and the potential ETH spot ETF approval in May. In the meantime, cryptocurrencies may take some direction from macroeconomic events.— QCP Capital (@QCPCapital) January 17, 2024 Recently, the U.S. Securities and Exchange Commission (SEC)…
Fiber is an essential nutrient that is often overlooked in many people’s diets. Most people know the role fiber plays in digestion, but there are many other surprising ways fiber can revolutionize your health. Here are five surprising benefits of including fiber in your diet: Improves gut health: Fiber acts as a prebiotic, nourishing the beneficial bacteria in your gut. This can lead to a healthier digestive system and reduce the risk of gastrointestinal disorders such as irritable bowel syndrome. Weight Management: Foods high in fiber make you feel fuller, which reduces overeating and helps with weight management. Fiber can…