Tag: US Government

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Wyoming stablecoin: Are state digital currencies even possible?

The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming. In July, the American state of Wyoming shared an open job position for the head of its Stable Token Commission.  The executive will work alongside Wyoming’s governor, state auditor, state treasurer and four expert appointees to bring the state’s very own…
Read more

AI usage on social media has potential to impact voter sentiment

The U.S. presidential election is nearing, and with it comes the use of tech like AI on social media platforms to manipulate voter sentiment. The use of artificial intelligence (AI) in social media has been targeted as a potential threat to impact or sway voter sentiment in the upcoming 2024 presidential elections in the United…
Read more

Sam Bankman-Fried files memo asking court to block prosecutor evidence

The FTX founder has filed a memorandum asking the court to deny recent requests filed by the Department of Justice, calling them “unworkable.” Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine requests.  The memorandum, penned by SBF’s…
Read more

US regulators deny blocking AI chip exports to Middle East

The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries. The United States Department of Commerce said on Aug. 31 that the Biden administration has “not blocked chip sales to the Middle East,” according to a report from…
Read more

DOJ calls SBF’s fraud allegation defense ‘irrelevant,’ requests additional info

The U.S. Department of Justice has issued a new court filing in its case against Sam Bankman-Fried in which it calls his planned defense “irrelevant” without additional details. The lawyers representing the United States Department of Justice (DOJ) filed a new court document on Aug. 29 arguing that Sam “SBF” Bankman-Fried should provide additional disclosures to…
Read more

US gov’t debt downgraded — Huge news for Bitcoin?

Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months. On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores the United States debt downgrade by Fitch Ratings. According to Pechman, this change signaled diminished…
Read more

Biden administration launches AI cybersecurity challenge to ‘protect Americans’

With an allocation of nearly $20 million in rewards, the AI Cyber Challenge brings together prominent AI enterprises such as Anthropic, Google, Microsoft and OpenAI. In an Aug. 9 press release, the Biden administration revealed an opportunity for hackers to compete for substantial monetary rewards by applying artificial intelligence (AI) to safeguard vital United States infrastructure from…
Read more

White House Says US Policy Allows Partners to Seek BRICS Membership

The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have expressed interest in joining the BRICS group, and around…
Read more

What criminal charges for Celsius ex-CEO mean for crypto industry

The former CEO of the troubled crypto lender faces multiple charges of fraud and market manipulation as U.S. regulators eye crypto market overhaul. Celsius was one of the top lenders in the crypto ecosystem during the bull market in 2021. At its peak, it served 1.7 million customers and managed $25 billion in assets. All…
Read more

US state agency issues alert on crypto fraud happening over social media

Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. The Vermont Department of Financial Regulation (DFR), a United States state agency, warned citizens against rising crypto investment frauds perpetrated over popular social media sites. On June 25, 74-year-old Naum…
Read more