California Gov. Newsom signs three laws regulating election AI deepfakes, including holding large platforms liable for not removing content after a user report
The state joins dozens of others in regulating the A.I. fakery in ways that could impact this year's presidential race.
California Gov. Gavin Newsom says he is concerned about the potential “chilling effect” of AI safety bill SB 1047, which awaits his signature, on AI development
but social media users may have last laugh David Meyer / Fortune : California Gov. Gavin Newsom signs anti-deepfake laws—but he hasn't yet made up his mind on the biggest AI bill L...
French President Emmanuel Macron says the government was not involved in the arrest of Telegram CEO Pavel Durov and “this is in no way a political decision”
French president condemns “false information” as Pavel Durov's detention in Paris triggers global outcry.
Mahbod Moghadam, the controversial co-founder of Genius and Everipedia, passed away in March at age 41, according to a post on Genius attributed to his family
Mahbod Moghadam, the controversial, never-boring co-founder of Genius and Everipedia, as well as an angel investor …
Sam Bankman-Fried lands in the US to face criminal charges after being taken into custody on December 21, following extradition approval by a Bahamas judge
Sam Bankman-Fried is on his way to an airport to be flown to the US to face a litany of criminal charges after a Bahamas judge approved his extradition.
The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond
Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors
Sources describe Twitter after mass layoffs: key teams gutted, severance packages account for WARN Act, ad hoc directories of remaining workers in Google Docs
I. The Snap — The email went out at 5:21 PT PT on Thursday. — For a full week, Twitter employees had waited in hopes …
Sources: Twitter teams hit hardest by the layoffs span communications, tweet curation, ethical AI, data science, research, ML, and some core engineering teams
spreading a lie that it was ‘Russian disinfo’, and thus materially interfering in a US Presidential election — have been removed. https://twitter.com/... Ryan Shattuck / @ryanmer :...
Voyager Digital issues a default notice to Three Arrows Capital for failing to repay a $650M+ loan; Voyager accessed $75M of credit from Alameda Research
looks like already priced in. https://www.cnbc.com/... Haralabos Voulgaris / @haralabob : Voyager currently has ~$137m in cash + crypto but somehow managed to lend 3AC 15,250 BTC +...
Governor Newsom signs an EO to “create a transparent regulatory and business environment for Web3 companies”, directing state agencies to recommend next steps
and saw the jobs and companies that emerged here in CA and throughout the US — proud to see @GavinNewsom leading on Web3 https://www.gov.ca.gov/... Jake Snow / @snowjake : This is ...
Beanstalk, a credit-focused stablecoin protocol using Ethereum, was exploited for ~$182M in various crypto assets by someone who had amassed governance tokens
In what can only be sort of described as an attack, a “hacker” … Bill Toulas / BleepingComputer : Beanstalk DeFi platform loses $182 million in flash-load attack Scott D. Clary / S...
Beanstalk, a credit-focused stablecoin protocol using Ethereum, was exploited for ~$182M in various crypto assets by someone who had amassed governance tokens
Beanstalk, a credit-focused stablecoin protocol built on Ethereum, was exploited Sunday morning.
Blockchain bridge Wormhole confirms a hacker stole $322M worth of ETH and moves its site into maintenance mode; Wormhole is offering a $10M “bug bounty”
A threat actor has abused a vulnerability in the Wormhole cryptocurrency platform to steal an estimated $322 million worth of Ether currency.
Coinbase launches a DeFi yield product for non-US customers in over 70 countries, after US regulators effectively killed plans for its Lend program in September
Bloomberg :
Sources: Biden plans to nominate Cornell law professor and cryptocurrency critic Saule Omarova to run the Office of the Comptroller of the Currency
Bloomberg :
Facebook announces a new Metaverse product group, with plans to hire hundreds of staff, led by Instagram VP Vishal Shah, reporting to VR/AR VP Andrew Bosworth
The company plans to hire hundreds of new staffers for the group. — Facebook is all in on the Metaverse …
A look at the shady aspects of Tether, the stablecoin being probed by SDNY for over a year, widely used to buy BTC and other cryptocurrencies on many exchanges
This is the story of a Bitcoin trade — the most financially impactful trade I've ever made in my life.
SEC approves NYSE's plan to let companies raise capital and issue new shares via direct listings, potentially helping startups save on bank fees
and thus inevitable. https://www.ft.com/... Alexander Osipovich / @aosipovich : NYSE wins green light to let companies raise capital via direct listings, in win for Silicon Valley ...
Valuations of recent IPOs, relative to the companies' revenue, are at their highest levels since the dot-com era, sparking concerns among investors
Wall Street Journal : Tweets: @eliotwb , @rationalwalk , @markjeffrey , @daveambrose , @eliotwb , @jessefelder , and @eddyelfenbein Tweets: Eliot Brown / @eliotwb : -Airbnb is wor...
Square commits $10M to fund efforts to mine bitcoin with renewables; Dorsey believes “that cryptocurrency will eventually be powered completely by clean power”
Scott Chipolina / Decrypt : Tweets: @square , @apompliano , @markjeffrey , and @timccopeland Tweets: @square : We are also launching a Bitcoin Clean Energy Investment Initiative, ...