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United States

Do Kwon, Terraform Labs ask judge to dismiss SEC lawsuit
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2 November, 2023

Do Kwon, Terraform Labs ask judge to dismiss SEC lawsuit

Following a lengthy investigation into the Terra collapse, Terraform Labs and Do Kwon filed a motion to dismiss the SEC...
US judge sides with generative AI over artists in potentially precedent-setting ruling
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1 November, 2023

US judge sides with generative AI over artists in potentially precedent-setting ruling

Citing a lack of evidence, Judge William Orrick described the case filed against Midjourney, DeviantArt, and Stability AI, as "defective...
PROOF Act: US senators introduce bipartisan proof of reserves bill
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1 November, 2023

PROOF Act: US senators introduce bipartisan proof of reserves bill

Under the U.S. bipartisan bill PROOF Act, the results of monthly PoR inspections would be submitted to the Department of...
Bittrex bankruptcy may turn a profit, thanks to KYC-phobic exchange customers
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1 November, 2023

Bittrex bankruptcy may turn a profit, thanks to KYC-phobic exchange customers

Owing to the unclaimed balances from users, with some voicing irritability over Bittrex's "super slow and disjointed" claims process, would...
Meta lawsuit claims platform’s use of AI algorithms endanger child safety
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31 October, 2023

Meta lawsuit claims platform’s use of AI algorithms endanger child safety

Lawyers representing 34 U.S. states claim in their lawsuit that Meta is engaged in multiple offenses that potentially harm teenagers...
Biden’s new executive order to regulate AI development—but we need oversight for everyone
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31 October, 2023

Biden’s new executive order to regulate AI development—but we need oversight for everyone

The Biden administration's new standards will force AI system developers to report to the federal government on their progress, and...
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