Viral videos of robots kicking children and dancing uncontrollably have highlighted a key concern for manufacturers: how to deploy machines in warehouses without endangering people. The industry is addressing these risks with multi-layered safety systems, ranging from Nvidia chips to replacing legs with wheels, according to WSJ. Various incidents involving robots are prompting developers to […]
OpenAI and Anthropic are rapidly growing revenue and private valuations, but their further expansion increasingly depends on access to compute, data center financing, and regulatory decisions, according to company statements and analyst reports. According to a notice from Sam Altman’s company, OpenAI, the firm’s revenue closely tracks available compute. CFO Sarah Friar said compute capacity […]
Blockchain company Ripple has obtained a crypto asset service provider (CASP) license from the Luxembourg regulator CSSF. The firm is now fully compliant with European MiCA regulations. It’s official: Ripple has received its EU CASP license. We are now fully MiCA-compliant and ready to meet growing European crypto demand https://t.co/I9GRgvfGzH — Ripple (@Ripple) July 6, […]
On July 6, the DeFi protocol Summer.fi was hacked, according to the project team. We are aware of the reported exploit a little earlier today and are investigating the root cause. The protocol guardians are currently pausing all Vaults across the Lazy Summer Protocol. We will provide more updates as we have them.— Summer.fi ☀ […]
Digital gold rebounded from a local low, the MiCA transition period in the EU expired, Russia set a launch date for crypto regulation, and other highlights of the week. Bitcoin recovers late-June losses After its worst month in four years, the first cryptocurrency on July 1 bounced from an almost two-year low around $57,700 and […]
The Russian Ministry of Digital Development, Communications, and Mass Media will be granted the authority to act as the sole regulator in the field of artificial intelligence. The government’s proposal is published on the regulatory projects portal. The document amends the ministry’s regulations from 2008. Currently, Russia lacks a single body responsible for AI regulation. […]
Approximately 989,000 investors who purchased the TRUMP memecoin were at a loss by the end of June. The total losses amounted to $3.81 billion, according to The New York Times, citing a report by analytics firm Nansen. The study indicates that about two-thirds of all token buyers have either realized losses or continue to hold […]
Ethereum co-founder Vitalik Buterin summarized the outcomes of a network researchers’ meeting in Berlin, highlighting the project’s key development directions under the Lean Ethereum concept. The focus areas include quantum resistance, privacy, scalability, and restructuring key protocol components. Two weeks ago, Ethereum researchers met in Berlin to continue charting the protocol’s long-term trajectory, following along […]
Researchers have introduced the concept of a thermodynamic computer—a new type of computing architecture that could potentially reduce the energy consumption of artificial intelligence systems dramatically. This was reported by Quantum Insider. A team from Extropic and the Massachusetts Institute of Technology believes their approach could make certain AI tasks up to 10,000 times more […]
This week’s “Deconstruction” focuses on the consequences of European compliance, Strategy’s challenges, Taiwan’s strict crypto law, the closure of Loopring exchange, StarkNet’s quantum protection, and neural networks reading thoughts. MiCA’s Impact and Bank Controls As of July 1, platforms without a European license are prohibited from serving EU residents. Bybit has begun restricting access to […]