AI automation could take over 50% of today’s work activity by 2045: McKinsey
Management consulting firm McKinsey & Co believes AI will have the “biggest impact” on high-wage…
Month: June 2023
Hashflow assures users will be made ‘whole’ following $600K exploit
The trading platform has provided instructions for the recovery of funds lost through a contract…
‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?
A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan…
European Union AI Act passes in parliament
Member states will have the opportunity to negotiate final details before the act becomes law….
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach…
Pro-Bitcoin Florida man Francis Suarez enters presidential race
Miami Mayor Francis Suarez signed paperwork on June 14 signaling his intention to run for…
Bitcoin dips below $25K for the first time in 3 months
The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates….
Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still…
US senators propose bill to eliminate Section 230 protection for AI companies
The bipartisan bill purportedly seeks to hold companies accountable for harm, but it’s unclear whether…
South Korean Bitcoin lending platform Delio pauses withdrawals
The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a…
French financial markets ombudsman reports jump in crypto-related mediations
The Autorité des marchés financiers ombudsman saw mediation requests rise by almost a quarter in…
Aave proposal to freeze alleged Curve founder’s loans draws controversy
The proposal suggests that a cap should be imposed on the use of CRV as…
Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its…
CBDC ’human rights’ tracker revealed at Oslo Freedom Forum
A pro-Bitcoin nonprofit says it will flag potential civil liberty concerns as more countries are…
Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit
The fund reported it had distributed more than $500 million to projects, including the Tor…