“Artificial intelligence holds extraordinary potential for both promise and peril,” read the order. “Responsible AI use has the potential to help solve urgent challenges while making our world more prosperous, productive, innovative, and secure … Irresponsible use could exacerbate societal harms such as fraud, discrimination, bias, and disinformation; displace and disempower workers; stifle competition; and pose risks to national security.” Source
Tag: Order
DOGE Breaks Free From Multi-year Descending Order
Dogecoin has also benefited from the general crypto market rally, gaining over 7% in the past week. DOGE has settled at the $0.069 price range today, with its market cap above $9 billion, showing its massive adoption. Also, on the weekly chart, DOGE shows signs of a breakout pattern as more buyers continue to accumulate the tokens. According to crypto analyst Ali Chart, Dogecoin has broken out of a multi-year descending triangle pattern on the weekly chart. The analyst believes this confirms a buy signal for the asset on the weekly timeframe,…
Singapore court authorizes freeze order attached to wallets as soulbound NFT
The Singapore High Court has allowed financial investigation firm Intelligent Sanctuary (iSanctuary) to attach nonfungible tokens (NFTs) containing a legal document to cold wallets associated with a hack, according to United Kingdom-based iSanctuary and local press accounts. A court-issued worldwide freeze order was tokenized as soulbound NFTs and attached to the wallets in question. The NFTs will not prevent transactions with the wallets but will serve as a warning to counterparties and exchanges that the wallets were involved in a hack. In addition, iSanctuary claimed it has devised a means…
BarnBridge DAO votes to comply with SEC order
BarnBridge decentralized autonomous organization’s (DAO) members have conducted their voting on how to react to the United States Securities Exchange Commission’s (SEC) potential demands. The voting ended on Oct. 12 with an unanimous decision to comply with the SEC’s potential demands and pay fines if necessary. Tyler Ward and Troy Murray were nominated as DAO’s special delegates for dealing with the regulator. At the same time, Douglas Park remains the DAO’s legal counsel and will sign the final version of the Order on behalf of BarnBridge. Voters have also let…
Bitcoin (BTC), Ether (ETH) Options Order Books Signal Calm Amid Mounting Risks
Still, bitcoin and ether continue to trade largely steady. Bitcoin, the leading cryptocurrency by market value, has been locked in a narrow range of $27,000- $28,500 this month. Ether, meanwhile, remains stuck in the two-month range of $1,550- $1,750. Source
Binance Restarts in Belgium Three Months After Order to Stop
In June the exchange was ordered by the Financial Services and Markets Authority to stop serving Belgium clients. Source
FTX Founder Sam Bankman-Fried’s Proposed Witnesses Can’t Testify: Court Order
Bankman-Fried’s defense team wanted to call seven individuals: Lawrence Akka, a British barrister; Thomas Bishop and Joseph Pimbley, who are with different consulting firms; Brian Kim, a data analytics and forensics expert; Bradley Smith, a law professor at Capital University Law School and Andrew Di Wu, an assistant professor at the University of Michigan. Source
dYdX to launch decentralized order books exchange on Cosmos: KBW 2023
Decentralized exchange (DEX) platform dYdX is planning to offer a “purely decentralized” order books exchange as they migrate their ecosystem from the Ethereum network to the interchain network Cosmos. At the Korea Blockchain Week 2023, Cointelegraph’s Andrew Fenton spoke with dYdX Foundation CEO Charles d’Haussy about the DEX’s plans to implement decentralized order books on their exchange and how they plan to shift their ecosystem onto a new blockchain network. Attendees at the Korea Blockchain Week 2023 held in Seoul, South Korea. Source: Cointelegraph In the interview, d’Haussy told Cointelegraph…
DYdX to launch decentralized order book exchange on Cosmos: KBW 2023
Decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the Ethereum network to the interchain network Cosmos. At the Korea Blockchain Week 2023, Cointelegraph’s Andrew Fenton spoke with dYdX Foundation CEO Charles d’Haussy about the DEX’s plans to implement decentralized order books on their exchange and how they plan to shift their ecosystem onto a new blockchain network. Attendees at the Korea Blockchain Week 2023 held in Seoul, South Korea. Source: Cointelegraph In the interview, d’Haussy told Cointelegraph that…
Oxford scientists develop GPU-accelerated limit order book sim to teach AI how to trade
A multidisciplinary research team from the University of Oxford recently developed a GPU-accelerated limit order book (LOB) simulator called JAX-LOB, the first of its kind. JAX is a tool for training high-performance machine learning systems developed by Google. In the context of a LOB simulator, it allows artificial intelligence (AI) models to train directly on financial data. The Oxford research team created a novel method by which JAX could be used to run a LOB simulator using only GPUs. Traditionally, LOB sims are run using computer processing units (CPUs). By…