U.S. Senator Elizabeth Warren, a member of the Senate Banking Committee, called for the inclusion of a ban on crypto industry earnings for the president, vice president, administration officials, members of Congress, and their families in the CLARITY Act. The move was prompted by Donald Trump’s annual financial disclosure. The Office of Government Ethics released […]
AI-driven productivity gains could markedly reduce the U.S. budget deficit, but even in optimistic scenarios they would not resolve fiscal sustainability. That is the conclusion of a Brookings Institution working paper. These factors claw back around half of the potential gains. See the paper here: https://t.co/zVcRA4Yr4F — Ben Harris (@econ_harris) July 1, 2026 According to […]
The law regulating the cryptocurrency market in Russia may come into effect on September 1, according to Vladimir Chistyukhin, First Deputy Chairman of the Central Bank, speaking at the Financial Congress of the Bank of Russia. This was reported by RBC. Following this, market participants will be given time to prepare: companies will need to […]
On June 30, the Shanghai Quantum Computing Future Industry Incubation Zone was launched in the Xuhui district of Shanghai. The initial group includes 26 unnamed companies, according to the South China Morning Post (SCMP). According to media reports, support measures include up to 100 million yuan ($14.7 million) for fundamental research, technological innovation, and general […]
OpenAI was in early discussions with the Trump administration about transferring a 5% stake in the company to the U.S. government, according to a report by Financial Times (FT) citing informed sources. With the company valued at $852 billion, a 5% stake would be worth approximately $42.6 billion. This valuation is linked to the March […]
A team from Texas A&M University, Nvidia, and Los Alamos National Laboratory has introduced SCALAR, a neuro-symbolic framework for analyzing quantum circuits. The study was highlighted by The Quantum Insider. The system employs quantum simulation, symbolic hypothesis generation, and a large language model to identify connections between the parameters of the Quantum Approximate Optimization Algorithm […]
Starting September 15, network infrastructure provider Cloudflare will begin blocking all ‘mixed’ AI-based web crawlers by default on its pages. Cloudflare’s new Attribution Business Insights dashboard helps website owners understand crawler behavior, appetite, and potential value. https://t.co/1F9HO3Fiv7 — Cloudflare (@Cloudflare) July 1, 2026 These crawlers use the same type of bots for search, model training, […]
The Ethereum ecosystem has launched an independent non-profit organization, Ethereum Institutional, to promote the network among banks, asset managers, and other financial institutions. 1/ Announcing Ethereum Institutional An independent non-profit dedicated to accelerating the institutional adoption of Ethereum, its L2s, applications and overall ecosystem. pic.twitter.com/XUeViH6rrq — Ethereum Institutional (@ethereuminsti) July 1, 2026 The organization will […]
The Bank of England will review its guidelines for working with artificial intelligence in the financial sector. This was announced by Deputy Governor Sarah Breeden at the European Central Bank Forum in Sintra. According to her, the current technology-neutral regulations were not designed for systems capable of operating without human intervention. The main risks of […]
In June, crypto hackers stole approximately $75.9 million across 40 major incidents, marking a 7.1% decrease from May’s $81.7 million, according to PeckShield. #PeckShieldAlert In June 2026, the crypto space experienced 40 major hacks, resulting in total losses of $75.87M — a 7.13% month-over-month decrease from May ($81.7M). Both #Aztec Bridge & #Aztec Connect were […]