
Business
US comprehensive AI regulation in the horizon following new bipartisan framework
U.S. lawmakers are proposing a comprehensive AI regulation blueprint for licensing, oversight for generative models, facial recognition, and developer liability;...
Thodex exchange founder sentenced to 11,000 years in prison
Thodex went bust with over $2.6 billion, according to blockchain sleuths, and Turkish prosecutors requested the court imprison the founder...
Ripple bails out Fortress Trust after hackers steal customer assets
Ripple's Brad Garlinghouse recently declared that Fortress Trust's Purcell had "built an impressive business with recurring revenue and a strong...
SEC’s Gary Gensler gets praise and criticism at Senate Banking Committee hearing
A recent hearing at the Senate Banking Committee saw Gary Gensler grilled on the SEC's track record, highlighting contrasting attitudes...
Bank for International Settlements launches blockchain sustainable finance initiative
Leveraging the power of emerging technologies, the Bank for International Settlements and the United Arab Emirates open a competition that...
Grab super app Web 3.0 features launched for users in Singapore
Grab adds Web 3.0 with NFT vouchers for its Singapore market as it eyes expansion in Southeast Asia.