Vitalik Buterin floats ‘soft pause’ on compute in case of sudden risky AI
Vitalik Buterin says a last resort to “slow down” risky forms of superintelligent AI would be to have the capability to restrict available global computing power for a year or two.
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India’s Former Finance Secretary Spars With Industry Experts on Crypto Ban
During a webinar on July 17, the former Finance Secretary of India, Subhash Chandra Garg, discussed cryptocurrencies with Indian industry leaders including Nischal Shetty, the CEO of Indian crypto exchange WazirX, and Siddharth Sogani, the founder of blockchain research company Crebaco.In 2019, Garg along with his secretariat drafted a bill that proposed a ban on…

Binance denies allegations of market manipulation
The exchange hinted of legal action against "FUD-peddlers and individuals with malicious intent" threatening its business interests. 909 Total views 36 Total shares Major cryptocurrency exchange Binance is pushing back against allegations of market manipulation and working against the interest of its users.In a Monday Twitter thread, Binance seemingly laid the blame for any claims…

US Senate recommends blockchain for national security tests
The U.S. Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management.

Crypto Biz: Is the US Fed prepping the money printer?
The US Federal Reserve under Jerome Powell has developed a reputation for dragging its feet on implementing important policy changes. However, a top central banker has assured that the Fed is “absolutely” ready to do whatever it takes to avoid a financial crisis, whether triggered by the US-led trade war or other adverse developments. Although

Kraken OTC Head: Bitcoin Is Not Safe Haven Yet
Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon to call Bitcoin a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier stated:“Wall Street ain't what it used to be.…

Nifty News: Nafty launches naughty NFT site, Dutch DJ pushes limits of physical NFTs
NFT NSFWNafty, a blockchain firm that produces decentralized NSFW platforms —such as OnlyFans competitor Nafty.TV — launched an erotic-themed NFT marketplace dubbed “NaftyArt” today. NaftyArt aims to provide a platform for erotic artists and adult-content creators to promote and sell their tokenized works without fears of it being removed, or their accounts shadowbanned. It may…

US Election: House races still uncertain after Trump win
Though Republicans won the US Presidency and a majority in the Senate, it’s still unclear if Democrats will win enough seats to flip the House of Representatives.

Indian PM Awards Crypto App Creator as Supreme Court Deliberates on Ban
India’s Prime Minister Narendra Modi awarded young entrepreneur Harshita Arora, the developer of a cryptocurrency price tracking application, amid an ongoing battle in her home country over the status of cryptocurrency.In a tweet on Jan. 24, Modi said that Arora’s “passion towards science, technology and human welfare are clearly visible.” She received the Bal Shakti…