AI

In a landmark move, the European Union’s parliament has greenlit the world’s pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI). This groundbreaking legislation, known as the EU AI Act, sets forth a nuanced categorization…

In a landmark move, Tennessee recently introduced the Ensuring Likeness Voice and Image Security (ELVIS) Act, aimed at safeguarding individuals’ voice, image, and likeness against exploitation through artificial intelligence (AI). The bill, receiving unanimous bipartisan support…

The Indian government has recently issued an advisory, emphasizing the necessity for tech companies to seek government approval before releasing new artificial intelligence (AI) tools to the public. This directive, unveiled by the Indian IT ministry…

Blockchain & DeFi

ZUG, SWITZERLAND / Cryptowire / — THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May 15 after abnormal network behavior was detected. THORChain said initial indications…

The recent exit of Binance from Nigeria has sent ripples through the country’s cryptocurrency community, evoking both concerns and prospects for the future. Local stakeholders within the crypto sphere have expressed dismay over the prohibition of Binance’s naira operations, highlighting potential repercussions on the livelihoods of Nigerian citizens and the looming specter of increased youth…

The decentralized finance (DeFi) sector hit a significant milestone on March 9 as the total value locked (TVL) in DeFi protocols soared past $100 billion, indicating renewed enthusiasm in the crypto market. However, this achievement still lags behind the record high of $189 billion set in November 2021.  The TVL in DeFi protocols skyrocketed to…