Tag: white house

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Polymarket Odds: Trump Seizes Big Lead Over Harris in White House Race

According to Polymarket’s post on the social platform X, former President Donald Trump is nearing his largest lead since Vice President Kamala Harris joined the race. As of 12:11 p.m. EDT, Trump is in front with a 53% chance, while Harris follows closely with 46.4%. Trump Grabs Strong Lead Over Harris in Presidential Race, Polymarket…
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Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns

Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the crypto sector. Additionally, the Democrats have launched a “Crypto for Harris” initiative to help Vice President Kamala Harris gain support from the cryptocurrency community. Biden-Harris…
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Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address

Following U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he has not spoken to the nation following his letter posted to X on Sunday. On Tuesday, a Polymarket bet is predicting whether Biden will “make an appearance today” after his campaign resignation. The betting odds on…
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White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto

The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure Policy at the National Security Council. Previously, House worked at the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), leading efforts on cybersecurity and virtual currency…
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President Biden Vetoes SEC SAB 121 Repeal Resolution

U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of this Republican-led resolution would “inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address…
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House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto

The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer custodianship of digital assets by regulated banks. However, the White House has backed the SEC, issuing a veto threat,…
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White House’s AI Safety Order Leads to Slide for AI Tokens

Source: Pixabay / BarBus President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value. The White House’s Executive Order introduces a regulation framework for responsible AI use. It calls for seemingly restrictive guidelines, standards, and best…
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‘Our Country Is Going to Hell’ — Trump Warns of US Losing Global Currency Dominance

The 45th president and previous White House occupant, Donald Trump cautions that America is in danger of losing its global influence. In an interview with Larry Kudlow, Trump stated while the U.S. retains significant power, its position is “waning” concerning its currency. The Diminishing Dollar? Trump Points to a Shift in Global Currency Dynamics Always…
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Pentagon forms ‘Task Force Lima’ to map generative AI for US defense

Task Force Lima will look into how artificial intelligence can be used across the U.S. defense, including warfighting capabilities. The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense. On Aug. 10, the Pentagon announced the formation of “Task Force Lima” which…
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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…
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