New York’s crypto hub ambitions could be set for uncertainty after New York City Mayor Eric Adams dropped out of his reelection bid on Sunday. In a video on X on Sunday, Adams cited financial struggles stemming from his dismissed federal bribery case and the withholding of public funds. “Despite all that we have achieved,…
Common Sense Media, a kids-safety-focused nonprofit offering ratings and reviews of media and technology, released its risk assessment of Google’s Gemini AI products on Friday. While the organization found that Google’s AI clearly told kids it was a computer, not a friend — something that’s associated with helping drive delusional thinking and psychosis in emotionally…
Key takeaways: Bitcoin dip buyers are back, but still being overpowered by sellers in the futures and spot markets. Closed markets on the Labor Day holiday and the threat of selling by OG Bitcoin whales could send BTC price to $105,000 and below. Bitcoin (BTC) trades amid rocky waters as the price struggles to hold…
Opinion by: Margaret Rosenfeld, chief legal officer of Everstake The Federal Housing Finance Agency’s (FHFA) recent directive to explore how cryptocurrency might be included in single-family mortgage risk assessments is a welcome and long-overdue step. If implemented, it could allow long-term crypto holders to use their digital assets when qualifying for a mortgage without being…
The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system. According to a policy paper seen by Politico, the ECB has asked for a revision of the Markets in Crypto-Assets Regulation (MiCA) regulatory framework…
President Donald Trump’s tariffs have underscored the increasing geopolitical risk that almost all businesses now face. As the situation continues to shift with Trump’s unpredictable deal-making, it’s also becoming clear how challenging it is for companies, nonprofits, consultants, and lawyers to keep up with the rapid day-to-day changes. “We are drowning in trade updates every…
Mantra’s OM (OM) token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull scam. OM bounces 200% as co-founder addresses concerns As of April 14, OM was trading for as high as $1.10, almost 200% higher when compared to its…
No matter what TikTok says in its laudatory pop-up messages, President-elect Donald Trump cannot simply declare an extension of the TikTok ban deadline and protect American companies that support it from billions of dollars in fines. Trump seems to want TikTok available for his inauguration on Monday, because “Americans deserve” to see the event. But…
The National Institute of Standards and Technology (NIST), the U.S. Commerce Department agency that develops and tests tech for the U.S. government, companies and the broader public, has re-released a testbed designed to measure how malicious attacks — particularly attacks that “poison” AI model training data — might degrade the performance of an AI system….