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View More NewsIn brief Reps. Ted Lieu and Nathaniel Moran introduced the bipartisan AI Kill Switch Act on Thursday, two days after OpenAI admitted its models escaped a test sandbox and breached Hugging Face. It would cover AI trained with over $100 million in compute at companies earning $500 million a year from it, and give Homeland Security emergency shutdown authority. The bill exempts anything that happens during red-teaming, meaning the OpenAI breach that inspired it would not have triggered the law. Two members of Congress want the federal government to be able to switch off an AI model.Reps. Ted Lieu (D-CA)…
In brief U.S. spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a seven-day streak that had pulled in nearly $1 billion, according to SoSoValue data. BlackRock’s IBIT accounted for the bulk of the exit at $202.5 million, while Morgan Stanley’s MSBT was the only Bitcoin fund to add money, taking in $5 million. Spot Ethereum ETFs moved the opposite direction, adding $26.3 million to stretch their own inflow streak to five straight days. It was nice while it lasted. Bitcoin ETFs just had their first bad day in more than a week.U.S.-listed spot Bitcoin ETFs—stock…
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Three thousand years ago, Homer gave us the face that launched a thousand ships. This weekend, Christopher Nolan gave us the film that launched a million grifts, and he buried them.His Odyssey opened to $124 million domestically and a whopping $264 million worldwide. The haul does not prove the film is good. It does prove that the seven-month social-media campaign against it face-planted the moment real people bought tickets.Their indictment ran on three charges. Nolan cast Lupita Nyong’o, a black actress, as Helen of Troy, the legendary beauty of the ancient world. Elliot Page, the transgender star, was said to…
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The US House of Representatives has passed a bill that would ostensibly prohibit members of Congress, their spouses and dependent children from purchasing publicly…
In brief Samsung said Samsung Wallet will add native stablecoin support at Galaxy Unpacked in London on July 22, showing a mockup with Circle’s…
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The crypto market continues to mature with growing institutional participation, and memecoins are paying the price.The combined market capitalization of DOGE$0.06905 and shiba inu…
In brief Threat actors are aggressively exploiting pre-order anticipation for GTA 6 by targeting PC and mobile users with fake applications. Attackers, according to…
There’s a lot happening in today’s decision in Thakur v. Trump, by Ninth Circuit Judges Richard Paez, Morgan Christen, and Roopali Desai, but I…
SharpLink Gaming (SBET), the Ethereum treasury backed by Ethereum co-founder Joe Lubin, is joining the Russell 2000 and Russell 3000 indexes later this month,…
The UK government has added cryptocurrency exchange HTX to its list of sanctioned entities over its support of Russia.On Tuesday, UK authorities said that…
In brief Spain blocked the Polymarket and Kalshi websites as it investigates potential gambling violations. The nation joins a growing list of countries like…
from the whose-cybersecurity-are-we-talking-about? dept The Cybersecurity & Infrastructure Security Agency (CISA) was one of the few genuinely good things Donald Trump was talked into…
When I was in college, liberals, not conservatives, were more zealous in defending free speech, when it came to issues like whether pornography ought…
The United Kingdom has imposed sanctions on a group of cryptocurrency exchanges, payment firms and individuals accused of helping Russia evade Western restrictions and…