Sam Bankman-Fried Won’t Get Out of Jail: Appeals Court to Take Up the Case
Market Analysis

Sam Bankman-Fried Won’t Get Out of Jail

September 7, 2023 0

Sam Bankman-Fried, the founder of the now-defunct FTX cryptocurrency exchange, was denied immediate release from a Brooklyn detention facility on Wednesday. The decision came from the 2nd United States Circuit Court of Appeals in Manhattan […]

Former SEC Official Believes Likelihood of A Bitcoin Spot ETF Approval Is ‘Slim and None’
Market Analysis

FASB Unveils New Crypto Accounting Standards

September 6, 2023 0

On Wednesday, the US body responsible for setting accounting standards voted unanimously to introduce new accounting guidelines for companies with significant cryptocurrency holdings. After indicating support last year, the Financial Accounting Standards Board (FASB) has […]

Cryptos, Stocks Drop as the Federal Reserve Anticipates More Rate Hikes
Market Analysis

Why Rate Hike Hints by the Fed Shake Stocks and Cryptos

September 6, 2023 0

Financial markets endured a jolt as Boston Federal Reserve President Susan Collins signaled that more interest rate hikes could be on the horizon. As this news reverberated across Wall Street, major US stock indices like […]

Paris Hilton and a16z Lead $54 Million Fight Against AI Copyright Infringement
Market Analysis

Paris Hilton, a16z Back $54 Million AI Copyright Fight

September 6, 2023 0

Story Protocol, a San Francisco-based technology firm, has received $54 million in funding to combat copyright infringements exacerbated by generative AI technologies.  Andreessen Horowitz leads the investment round, with notable supporters like Hashed, Samsung Next, […]

Microsoft Unveils AI Tools to Improve Computational Efficiency and Memory Use
Market Analysis

4 New Microsoft AI Tools for Better Computational Efficiency

September 6, 2023 0

Microsoft Research has just dropped its own version of a heavy metal quartet, tools that will power up the future of AI compilation.  These four AI compilers, aptly nicknamed “Roller,” “Welder,” “Grinder,” and “Rammer” intend […]