NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange.
US officials have seized $31 million worth of crypto linked to a 2021 hack of Uranium Finance, a now-defunct DeFi platform on BNB Chain.
Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets.
Crypto market sentiment dived 24 points to “Extreme Fear” on Feb. 25 as US President Donald Trump said 25% tariffs against Canada and Mexico are on schedule.
Citadel Securities is reportedly looking to provide liquidity to the crypto markets after years of waiting for the crypto regulatory landscape in the US to improve.
The U.K. government is pushing forward with plans to attract more AI companies to the region through changes to copyright law that would allow developers to train AI models on artists’ content on the internet — without permission or payment — unless creators proactively “opt out.” Not everyone is marching to the same beat, though. […]
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Ofcom, the U.K.’s internet safety regulator, has published another new draft guidance as it continues to implement the Online Safety Act (OSA) — the latest set of recommendations aim to support in-scope firms to meet legal obligations to protect women and girls from online threats like harassment and bullying, misogyny, and intimate image abuse. The […]
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In a bold move last month, Scale AI CEO Alexandr Wang took out a full-page ad in The Washington Post, telling President Trump that “America must win the AI war.” The statement sparked mixed reactions, as seen during Wang’s appearance Sunday during the opening night of Web Summit Qatar. When Wang’s interviewer, Axios’ Felix Salmon, […]
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Anthropic’s next funding round is reportedly growing larger. Anthropic, which makes the AI chatbot Claude, is finalizing a $3.5 billion fundraising round that values the company at $61.5 billion, according to The Wall Street Journal. Anthropic initially set out to raise $2 billion, but investors have now agreed to a larger tranche, per the WSJ. […]
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Edtech company Chegg has sued Google claiming that the tech giant’s AI summaries of search results have hurt Chegg’s traffic and revenue. In the suit, filed in the U.S. District Court for the District of Columbia, Chegg accuses Google of unfair competition — specifically reciprocal dealing, monopoly maintenance, and unjust enrichment. Google, Chegg claims, forces […]
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