Elon Musk Eyes Startup Data Buyout
SpaceX’s AI unit, SpaceXAI, considers acquiring data from defunct startups to train its AI model Grok, echoing Google’s $10M Spirit Airlines data purchase. #Update #AI
Crypto News
General category for all types of news related to the cryptocurrency world.
AI Development Faces Zuckerberg’s Strong Opposition
@Meta CEO Mark Zuckerberg opposes a coordinated slowdown in AI development, emphasizing individual lab pace. Meta delayed Muse AI for safety enhancements amid industry discussions on audits and coordination led by @Anthropic’s Dario Amodei. #Update #AI
OpenAI Solves $1M Math Problem
OpenAI claims “substantial progress” on a second Millennium Prize Problem, sparking speculation about the Hodge Conjecture. The Clay Mathematics Institute’s review of OpenAI’s Navier-Stokes proof is pending. #Update #Tech
JPMorgan Signals CLARITY Act Survival Chance
JPMorgan analysts state the CLARITY Act is “not definitively dead” after a failed Senate vote, with a motion for reconsideration allowing potential revival before Congress adjourns. #Update #Crypto
Crypto Tax Bill Advances as Congress Reconsiders CLARITY
Kevin O’Leary believes the Clarity Act will be revisited in Congress early next year after a recent vote failed. Meanwhile, the Digital Asset Tax Certainty Act advanced in the House. #Update #Crypto $BTC
AI Kill Switch Proposed Amid Rising Fears
Andrew Yang urges Congress to regulate AI with liability rules and a kill switch, citing bipartisan concerns over AI safety. #Update #AI
Tokenized Money Market Fund Launches in US
@WisdomTree and @MoonPay are collaborating to enhance US investor access to the tokenized WisdomTree Treasury Money Market Digital Fund (WTGXX), which aims to maintain a $1 share price. #Update #Crypto $USDC
AI Giants Convene for Safety Summit
King Charles III hosted AI leaders at Dumfries House to discuss AI ethics, following Anthropic’s call for slower capability growth. No binding agreements were made. #Update #AI
CLARITY Act Faces Last Chance for Survival
The CLARITY Act faces hurdles in the Senate, falling 49-50 on a cloture vote; Senator Tillis’ procedural maneuver keeps its chances alive, but time is running out before recess. #Update #Legal $BTC
Crypto Expansion: S&P Global Acquires OpenZeppelin
S&P Global acquires OpenZeppelin to enhance smart contract security, expanding blockchain risk assessment capabilities. Terms undisclosed; OpenZeppelin remains a separate unit. #Update #Crypto
Crypto Industry Seeks Clarity Amid Clarity Act Failure
Tom Farley, CEO of @CoinDesk owner Bullish, stated that the failure of the Clarity Act won’t hinder U.S. crypto progress, but regulatory uncertainty risks competitiveness. #Update #Crypto $BTC $ETH
S&P Global Acquires OpenZeppelin for Tokenized Finance
@SPGlobal has agreed to acquire @OpenZeppelin, enhancing its digital asset risk assessment capabilities. OpenZeppelin’s library has facilitated over $37 trillion in transactions, vital for evaluating smart contract security. #Update #Crypto $ETH
Bitcoin Adoption Soars in Germany UK Lags
German cryptocurrency adoption is advancing with 89 licensed service providers, while the UK lags behind as the FCA prepares new regulations. Deutsche Bank seeks crypto custody approval. #Update #Crypto $BTC
Crypto Hackers Demand $3M or Expose 680 Files
A hacker group, iamnotavillain, demands 6,000 $XMR (~$3M) from @Revolut within 24 hours or will sell data from 680 accounts; Revolut confirms no core system breach. #Breaking #Crypto $XMR