Anthropic has announced the appointment of a national security expert as it seeks a closer relationship with the United States Department of Defense. The appointment comes a day after the company announced AI models designed for US national security applications. According to Anthropic, the new appointee, Richard Fontaine, will take up the role in its … Read more
Slate Auto electric vehicles inside the startup’s beta production facility in Lake Orion Township, Michigan. Slate Auto LAKE ORION TOWNSHIP, Mich. — In a nondescript supplier park in suburban Detroit, an electric vehicle startup backed by Amazon founder Jeff Bezos is building what it hopes will be America’s newest automaker. The facility is filled with … Read more
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A divided Supreme Court on June 6 ruled that DOGE could have complete access to the data of millions of Americans kept by the U.S. Social Security Administration. The court’s three liberal justices − Sonia Sotomayor, Elena Kagan, and Ketanji Brown Jackson − disagreed with that decision. The court paused an order issued by U.S. … Read more
Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions include cash deposit and withdrawal limits as well as mandatory scam warnings. ATM Scammers Target Senior Citizens Australia’s financial intelligence agency, AUSTRAC, is implementing stringent new measures for cryptocurrency ATM operators, including refusing to renew … Read more
Key Points: The Winklevoss twins have filed Gemini’s confidential U.S. IPO. Markets await further details on this confidential filing. Previous crypto IPOs affected asset prices and investor sentiment. Gemini, led by Cameron and Tyler Winklevoss, has confidentially filed for an initial public offering (IPO) in the United States, aiming to join public markets. This filing … Read more
Non-fungible token (NFT) artist Jonathan Mann, the musician behind the “Song A Day” project, has turned his crypto tax ordeal into a cautionary musical tale. In a new track shared on X, Mann recounted how he made $3 million selling his entire back catalog as NFTs, only to see it vanish as the market crashed … Read more
Representative Mike Collins, who has previously made inroads into meme cryptocurrencies, has returned with a new round of crypto activity. According to a financial disclosure filed on June 5, Collins reported five digital asset transactions, each valued between $1,001 and $15,000. Notably, one was a Sui (SUI) purchase on June 3, just two days before … Read more
Altcoins According to crypto analyst Michaël van de Poppe, it’s not altcoin season—yet. In a recent post, van de Poppe explained that Bitcoin continues to outperform altcoins, based on current market momentum and dominance data. The accompanying chart, sourced from BlockchainCenter.net, shows the Altcoin Season Index sitting well below the threshold of 75—where altcoins typically … Read more
The Stable project is set to revolutionize blockchain transaction fees by integrating Tether’s USDT, aiming to enhance speed and reduce costs for financial institutions. Supported by Bitfinex and USDT0, Stable introduces “enterprise lanes” to address the inefficiencies and high expenses prevalent in current blockchain infrastructures. According to COINOTAG, Tether CEO Paolo Ardoino emphasizes that this … Read more