OpenAI has reached out to members of the U.S. Congress to clarify whether a coordinated slowdown in the development of advanced AI models would violate antitrust laws. This was reported by WIRED, citing sources close to the company. The issue arises because OpenAI, Anthropic, Google, and other industry players are competitors. An agreement among them […]
Polymarket and Kalshi have not obtained the authorizations typically required to sell event-outcome contracts in the European Union, the European Securities and Markets Authority (ESMA) said. Both platforms block trading only for users from certain EU countries. The regulator questioned this approach: “It is unclear why not all EU member states are included on the […]
On September 10, India introduced Demat 2.0, a pilot project for issuing tokenized corporate bonds with settlements in digital rupees. The launch was announced by the Securities and Exchange Board of India (SEBI). The initiative was developed in collaboration with the Reserve Bank of India (RBI) and unveiled at the Global Fintech Fest in Mumbai. […]
A group of researchers has more than halved the computational complexity estimate for a key stage of a potential future quantum attack on Bitcoin and Ethereum, compared to Google’s benchmark, CoinDesk reports. Our very own CTO @jieyilong is the lead author on a paper that cuts the estimated quantum cost of the core operation in […]
The Bank for International Settlements (BIS) warned of risks to financial stability associated with the surge in artificial intelligence investments. The organization believes that a correction in the AI market could impact the global economy. BIS General Manager Pablo Hernández de Cos stated on September 10 at the Global Fintech Fest in India that AI […]
Bitcoin needs to break above the $83,000–$86,000 resistance band—where long-term holder (LTH) supply is concentrated and the estimated breakeven for spot ETFs sits—to sustain its advance, according to Glassnode analysts. Bitcoin is still stuck beneath the edge of a thick resistance band. Moving above this level, would indicate a shift in long term market structure. […]
On September 9, Lattice Jolt was released, a new version of a computation verification system designed to withstand quantum attacks. According to developers from a16z crypto, the creation and verification of proofs have accelerated by 2-3 times. Introducing Lattice Jolt ⚡️ A new version of our open-source zkVM (zero-knowledge virtual machine): faster and post-quantum, with […]
On September 9, U.S. authorities announced the seizure of over $52 million in cryptocurrencies linked to the Xinbi Guarantee marketplace and its sellers. Simultaneously, the U.S. Treasury’s Office of Foreign Assets Control added the platform to its sanctions list, designating it as a significant transnational criminal organization. According to the agencies, Xinbi facilitated fraudulent operations […]
Chinese e-commerce giant JD.com plans to acquire 3 million robots, 1 million autonomous vehicles, and 100,000 drones over the next five years to automate its logistics network, according to SCMP. The company also intends to retrain employees to work with robots. Robots to Replace Couriers and Warehouse Workers JD.com’s logistics division announced these plans at […]
The developer of the crypto wallet MetaMask, ConsenSys Software Inc., will split its consumer and institutional divisions into two independently managed companies. The process is expected to be completed by the end of 2026. Today, Consensys Software Inc. (CSI) is becoming two independent companies. CSI will continue as the same company and rebrand as MetaMask, […]