California removes teeth from AI law without addressing tech’s core concerns
The law appears more corporate-friendly, but the implications for consumers are a bit murkier.
Related Posts


64% of US adults are interested in crypto, new survey shows
The number of U.S. crypto investors is set to almost double in 2021, according to a new survey by Gemini. 828 Total views 22 Total shares Nearly two-thirds of adults in the United States are interested in learning more about cryptocurrencies like Bitcoin (BTC) or holding them soon, according to a new survey.Gemini, a crypto…

The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
On May 6, Ethereum Foundation transferred nearly $30 million in Ether (ETH) to the Kraken cryptocurrency exchange, causing jitters in the market about a potential selloff event. ETH price fell 4.8% to $1,900 on the day, but the decline has been negligible so far amid a wider recovery trend.ETH price holding key supportEther's price recovered…

Brazilians may soon need to stump up taxes on crypto held abroad
The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income. 118 Total views 11 Total shares Brazilians may soon be required to pay up to 15% tax on income derived from cryptocurrencies held on exchanges outside the country, after new income tax rules were

ARK, Glassnode propose Bitcoin economic analytics framework using new metric
In Cointime Economics, the time Bitcoin has been held is considered when it is transacted, giving hodlers’ transactions greater weight. 273 Total views 2 Total shares ARK Invest and Glassnode have released white papers describing a proposed framework for analyzing Bitcoin on-chain metrics. The new method is called Cointime Economics and introduces a new measure…

Staking will eat blockchain for breakfast — Here’s why
In early July, JPMorgan released a report in which two of the bank’s analysts projected that the staking industry would be worth $40 billion in rewards by 2025. The report anticipates that once the Ethereum 2.0 network completes its transition from proof-of-work (PoW) to proof-of-stake (PoS,) payouts will more than double, up to $20 million…

Wolfram Alpha teams up with Cardano to build ‘avant-garde oracles’
Cardano is the next blockchain to integrate with the world’s largest answer engine in 2021. 1923 Total views 23 Total shares Wolfram Alpha, a major computational knowledge engine providing technology for major services like Apple’s Siri assistant, is integrating data from Cardano blockchain.According to a Dec. 17 announcement, Wolfram Blockchain Labs, or WBL, a subsidiary…

Crypto app Valora raises $20M, becomes independent from Celo
Valora said it will use the funds for product development and create educational content "to get more people comfortable using cryptocurrencies." 440 Total views 12 Total shares Celo-powered crypto wallet Valora has closed on a $20 million funding round, as the company announced it will become a standalone entity.In a Tuesday announcement, Valora said Andreessen…

Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved. 394 Total views 13 Total shares The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to buy FTX