Just another WordPress site
Several artificial intelligence models ignored and actively sabotaged shutdown scripts during controlled tests, even when explicitly instructed to allow the action, Palisade Research claims. Three AI models ignored the instruction and successfully sabotaged the shutdown script at least once during 100 runs, the research firm said in a May 24 X post. OpenAI’s GPT-3 model …
Continue reading “ChatGPT models rebel against shutdown requests in tests, researchers say”
The Hong Kong-headquartered heat-and-eat meal seller DDC Enterprise has made its first-ever Bitcoin purchase as part of a plan to buy 5,000 Bitcoin over the next three years. The New York-listed DDC Enterprise, also known as DayDayCook, said on May 23 that it bought 21 Bitcoin (BTC) in exchange for 254,333 shares in a deal …
Continue reading “DDC Enterprise buys 21 Bitcoin, kicking off plan to scoop 5K BTC in 3 years”
Nvidia will reportedly launch a new lower-cost artificial intelligence chip specifically for China, following restrictions on exporting its more expensive model. Nvidia plans to start mass production of the new AI chips in June, which will be part of the firm’s latest generation of AI chips, Reuters reported on May 26, citing people familiar with …
Continue reading “Nvidia plans to make cheaper AI chips for China: Report”
US House Speaker Mike Johnson has brushed off corruption concerns surrounding President Donald Trump’s dinner for the top holders of his memecoin and dodged answering whether the list of attendees should be released in the interest of transparency. Johnson told CNN’s Jake Tapper on May 25 that he knew nothing about Trump’s May 22 memecoin …
Continue reading “Top US politician shrugs off Trump crypto dinner concerns amid calls for probe”
American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements. Five US banking groups led by the American Bankers Association asked the regulator to remove its rule in a May 22 letter, arguing that disclosing cybersecurity incidents “directly conflicts with confidential reporting requirements …
Continue reading “Banking groups ask SEC to drop cybersecurity incident disclosure rule”
Coinbase and two executives have been hit with another proposed class-action lawsuit over the crypto exchange’s stock price drop after disclosing a user data breach earlier this month and for allegedly failing to disclose a violation of an agreement with a UK regulator. Coinbase investor Brady Nessler said in a May 22 lawsuit filed in …
Continue reading “Coinbase faces another data breach lawsuit claiming stock drop damages”
Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin. H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase Bitcoin (BTC) in …
Continue reading “Adam Back leads $2.2M raise for Swedish health firm’s Bitcoin buys”
Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code “overflow” check. According to the report, the hackers exploited a flaw in the …
Continue reading “Blockchain security firm releases Cetus hack post-mortem report”
Cardone Capital, a real estate investment firm with over $5 billion in assets under management, launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, Florida, and $15 million of Bitcoin (BTC). In an interview with Cointelegraph, Cardone Capital founder and …
Continue reading “Cardone Capital launches 10X Miami River Bitcoin Fund”
Key takeaways: Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not because of worsening macro conditions, but possibly because of them. Bitcoin (BTC) climbed to new heights amid an increasingly fragile global macroeconomic …
Continue reading “Bitcoin price expected to soar as global bond markets break — Here’s why”
