Google has been facing a wave of litigation recently as the implications of generative artificial intelligence (AI) on copyright and privacy rights become clearer.

Amid the ever-intensifying debate, Google has not only defended its AI training practices but also pledged to shield users of its generative AI products from accusations of copyright violations.

However, Google’s protective umbrella only spans seven specified products with generative AI attributes and conspicuously leaves out Google’s Bard search tool. The move, although a solace to some, opens a Pandora’s box of questions around accountability, the protection of creative rights and the burgeoning field of AI.

Moreover,…

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The United States Securities and Exchange Commission (SEC) chief Gary Gensler’s speech before the 2023 Securities Enforcement Forum shed light on the regulatory body’s enforcement actions that led to $5 billion in judgments and orders. However, Gensler’s dig at the cryptocurrency market became a talking point for the crypto community on social media, where Gensler noted, “Don’t get me started on crypto. I won’t even name all the individuals we’ve charged in this highly noncompliant field.”

While talking about the economic perspective of the SEC’s enforcement action, Gensler noted that the agency filed more than 780 enforcement actions in 2023, including more than 500…

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The possible contents of Former FTX CEO Sam Bankman-Fried upcoming testimony have been outlined in a letter to Judge Kaplan by his lawyer, Mark Cohen.

In the letter submitted by Mark Cohen, to inform the Court of their planned testimony during Mr. Bankman-Fried’s direct examination, the defense requested approval to obtain testimony regarding Mr. Bankman-Fried’s awareness of counsel’s participation in specific matters, following the Court’s order from October 1, 2023.

FTX, FTX US and Alameda Research entered bankruptcy proceedings, on Nov. 11, 2022, with Bankman-Fried resigning as CEO. He had been arrested in the Bahamas on Dec. 12 after the U.S. government formally notified the…

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Since the spring of this year, Isaac Patka of AI security firm Shield3 and Paradigm research partner Sam, better known as Samczsun, have been working alongside blockchain projects to improve security in the wake of cyber threats that have continued to plague the industry.

In early August, the duo launched SEAL 911, a Telegram bot designed to connect users with vetted security experts aiming to enhance cybersecurity disclosure and swiftly prevent DeFi hacks potentially worth hundreds of millions of dollars.

That initiative was established in the hopes of countering multiple industry-related hacks that have taken place this year, including Curve Finance’s $70 million exploit in…

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A group of 34 American states are filing a lawsuit against Facebook and Instagram owner, Meta, accusing the company of engaging in improper manipulation of minors who use the platforms. This development comes amid rapid artificial intelligence (AI) advancements involving both text and generative AI.

Legal representatives from various states, including California, New York, Ohio, South Dakota, Virginia and Louisiana, allege that Meta utilizes its algorithms to foster addictive behavior and negatively impact the mental well-being of children through its in-app features, such as the “Like” button.

The chief AI scientist at Meta recently spoke out, reportedly saying that worries over the…

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When digital asset valuations surge, crypto mining stocks naturally benefit, much like other commodity producers.

Data shows that major firms including Marathon Digital (MARA), Bitfarms (BITF) and Riot Platforms (RIOT) are posting double-digit gains over the past five days, between 17% and 19%.

Speculation for crypto mining stocks has been fueled by the crypto market rally at the beginning of the week, which saw the price of bitcoin (BTC) cement a new yearly high above $35,000.

Miners faced significant challenges last year attributable to rising electricity costs, the Ukraine-Russia conflict and falling crypto prices — sending respective share prices tumbling.

In the face of those…

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Takis Georgakopoulos, global head of payments at JPMorgan, has revealed that the company processes over $1 billion in daily transactions through its digital asset, JPMorgan Coin.

Speaking during an interview with Bloomberg TV on Oct.26, Georgakopoulos named three major inefficiencies of the current payment systems: the speed of the payments, especially cross-border transactions; the separate movement of money and information, which makes it hard to track or reconcile transactions; and the fungibility of money. JPMorgan is trying to solve these three issues with its digital asset, JPMorgan Coin, the exec said, adding:

“Today, we move $1 billion every day through JPM Coin for a number of… Read more on Cointelegraph