In the world of crypto, big things are happening. Roman Storm, a key figure behind Tornado Cash, has a stern warning for developers. He thinks the U. S. Department of Justice might go after them for building decentralized finance (DeFi) tools. Storm's concern is real because his own case is still up in the air. If developers can be charged for creating non-custodial ...
China is making big moves to handle old electric vehicle (EV) batteries in a smart and eco-friendly way. The country has set up 22 national standards to guide how these used batteries should be managed, taken apart, and tested. These rules are helping companies recover up to 99. 6% of valuable materials like nickel, cobalt, and manganese, and 96. 5% of lithium. This ...
In the small town of Loomis, nestled in Placer County, a new idea is making waves. The town is thinking about creating an area where people can enjoy drinks outside, legally. This isn't about wild parties, but more about bringing people together and helping local shops. The plan is to set up this area along Taylor Road, from 3565 to 3790. It's inspired by a law pass...
Mission Hospital, part of the HCA Healthcare network, has been flagged for numerous patient safety issues. The North Carolina Department of Health and Human Services uncovered these problems during a survey in September. The findings were so severe that they could lead to federal regulators placing the hospital in "immediate jeopardy. " This is the most serious defic...
Crypto and regulations have a complicated relationship. This was the main topic discussed at a recent gathering in Washington, D. C. during the Fintech Week event. Three experts in the crypto field shared their thoughts on how crypto projects can operate safely while following the rules. One of the biggest challenges is determining responsibility. If something goes ...
Stablecoins are changing the game for big players in finance. They offer the best of both worlds: the steadiness of regular money and the speed of crypto. Imagine moving money around the world in seconds, not days. That's what stablecoins bring to the table. And it's not just talk. Big names like Visa and BlackRock are already using them. But why are these big insti...
Cryptocurrency was supposed to be all about cutting out the middleman, but it turns out there are still plenty of people taking a cut. Exchanges, wallet providers, and blockchain networks are all charging fees that can make traditional banks seem like a bargain. Take Ethereum, for example. When the network is busy, fees can skyrocket. Imagine paying over $1, 000 jus...
OpenAI's AI tool, Sora, has faced backlash for generating deepfake videos of Martin Luther King Jr. These videos, which showed the civil rights leader in disrespectful and altered scenarios, led to his estate requesting OpenAI to stop. The AI tool has become popular for creating realistic videos, but this has also resulted in the creation of offensive content featuri...
Japan is taking a big step to regulate cryptocurrency trading. They are updating their laws to include crypto under the Financial Instruments and Exchange Act (FIEA). This move aims to prevent insider trading, making crypto rules similar to those for stocks and bonds. The Securities and Exchange Surveillance Commission (SESC) will now have more power. They can inves...
BlackRock, a heavyweight in the finance world, is making bold moves into the crypto space. The company has revamped one of its money market funds to cater to stablecoin issuers, showing its commitment to this growing market. This isn't just a small step; it's a significant leap into the digital asset world. Stablecoins, which are designed to maintain a steady value,...