Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck
This post was originally published on this site. In brief Bitcoin volatility is down, but data shows that traders are protecting against moves to the downside. The volume of bets…
Man Pleads Guilty to Using AI to Generate $8 Million in Fraudulent Streaming Music Royalties
This post was originally published on this site. In brief A North Carolina man pleaded guilty to conspiracy tied to an AI-generated music streaming scheme. Prosecutors say fake accounts generated…
Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now
This post was originally published on this site. In brief Kalshi was temporarily banned in Nevada, halting its sports, politics, and entertainment markets for at least 14 days. A judge…
Sam Bankman-Fried’s past political cash gives AI PAC fuel for bashing NY candidate Bores
This post was originally published on this site. A political action committee with ties to major tech and crypto donors is raising the specter of disgraced ex-FTX CEO Sam Bankman-Fried…
Senators say they’ve reached compromise on yield to advance crypto market bill
This post was originally published on this site. The two U.S. senators negotiating a controversial provision in the crypto industry’s market structure bill — Republican Thom Tillis and Democrat Angela…
OpenAI Plans to Merge ChatGPT, Codex and Atlas Into One ‘Superapp’: WSJ
This post was originally published on this site. In brief OpenAI is reportedly consolidating fragmented products into a single “superapp” to regain focus and execution speed. Pressure from rival Anthropic…
Kalshi gets temporary Nevada ban in dispute over sports betting
This post was originally published on this site. Kalshi is now under a two-week restraining order barring bets in Nevada while a legal debate proceeds over the longer-term status of…
Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports
This post was originally published on this site. In brief Kalshi has raised $1 billion in a new funding round led by Coatue Management, valuing the prediction market at $22…
White House AI Proposal Seeks to Override State Laws, Avoid New Regulator
This post was originally published on this site. In brief The White House proposed federal AI standards while preserving key state enforcement powers. The framework aims to avoid creating a…
Eightco Boosts OpenAI Investment After BitMine’s Tom Lee Joins Board
This post was originally published on this site. In brief Eightco invested another $40 million in ChatGPT firm, OpenAI. The company now has $90 million in total investment into OpenAI,…