Senator Cynthia Lummis releases report attacking Biden’s mining tax
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers.
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Dfinity taps SingularityNET to bring AI services to DApps
SingularityNET CEO Ben Goertzel said it’s important to make AI systems available in decentralized networks and not controlled by elite groups. 187 Total views 2 Total shares Research and development firm Dfinity Foundation has partnered with artificial intelligence (AI)-focused blockchain firm SingularityNET to improve the infrastructure of decentralized AI and allow decentralized applications (DApps) on

Law Decoded: Cents and stability, Nov. 20–27
Editor’s noteAs many of you were certainly following in real time, a bull market gave way to a bloodbath yesterday, which happened to be Thanksgiving in the U.S. Personally, I’ve never thought that Bitcoin’s price was any sort of proof of its value proposition, but for many its retreat yesterday certainly dashed many a planned…

Governments Begin to Roll Out FATF’s Travel Rule Around the Globe
It’s been nearly eight months since the Financial Action Task Force issued its divisive crypto directives, establishing traditional banking regulations within the crypto sector. With the year-long adoption deadline fast approaching, how have the world’s regulatory authorities responded to the guidelines so far?The FATF — an intergovernmental organization tasked with combating money laundering — found…

Top 5 Cryptocurrencies to Watch This Week: BTC, NEO, TRX, XTZ, VET
Bridgewater CIO Ray Dalio said that central banks have moved away from their traditional role and have become owners of assets since the 2008 Financial crisis. They now act as “market makers.” Therefore, the “capital markets are not free” anymore.Dalio warned that the US dollar is likely to lose its attractiveness as the reserve currency…

Remembering John McAfee: computer programmer and crypto evangelist dead at 75
Many may remember McAfee for being unapologetically outspoken for his thoughts on government overreach and a unique character in the crypto space. 2223 Total views 4 Total shares According to a Wednesday report from Spanish international news agency EFE, John McAfee has been found dead in his prison cell at the Brians 2 Penitentiary Center.Born in…

What Is a ‘Circuit Breaker’ and Why Do Exchanges Need Them?
Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit.Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index shedding more than 7% in the morning trading hours. A circuit…

Two more crypto bills in the US: Law Decoded, July 17–24
Last week was marked by two new legislative initiatives for the crypto industry in the United States. 96 Total views 1 Total shares Last week was marked by two new legislative initiatives for the crypto industry in the United States. Senator Jack Reed sponsored a bipartisan bill that would tighten Know Your Customer (KYC) and…

First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation
Italy has recently made headlines by becoming the first Western country to ban the popular artificial intelligence (AI)-powered chatbot ChatGPT.The Italian Data Protection Authority (IDPA) ordered OpenAI, the United States-based company behind ChatGPT, to stop processing Italian users’ data until it complies with the General Data Protection Regulation (GDPR), the European Union’s user privacy law.The…