Author Archives: pdgweb

US officials warn that Chinese firms conducting covert, industrial-scale AI distillation could face sanctions and export restrictions. Read More at https://cointelegraph.com/news/chinas-moonshot-ai-distilled-anthropics-fable-to-develop-k3-white-house-official?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages. Read More at https://cointelegraph.com/news/sec-settles-coinbase-suit-over-text-messages-that-disappeared?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure. Read More at https://cointelegraph.com/news/afx-protocol-reportedly-loses-24m-in-bridge-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes. Read More at https://cointelegraph.com/news/sp-launches-blockchain-fundamentals-index-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads. Read More at https://cointelegraph.com/news/crypto-pac-michigan-democratic-primary-race?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s. Read More at https://cointelegraph.com/news/clarity-act-ethics-public-officials-president-barred-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services. Read More at https://cointelegraph.com/news/anthropic-joins-uk-fcas-ai-regulatory-sandbox-as-second-cohort-launches?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated. Read More at https://cointelegraph.com/news/secs-hester-peirce-says-crypto-vaults-and-onchain-lending-may-fall-under-securities-laws?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement. Read More at https://cointelegraph.com/news/digital-chamber-lawsuit-illinois-crypto-tax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody infrastructure. Read More at https://cointelegraph.com/news/bitgo-otc-markets-tokenized-securities-broker-dealers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound