CryptoNews

UK Regulator Fines Coinbase's CB Payments $4.5 Million for Serving High-Risk Customers

The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action against a firm facilitating cryptoasset trading. The violations involved significant transactions undetected for almost two…
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AI & RoboticsNews

Stability AI steps into a new gen AI dimension with Stable Video 4D

Stability AI is expanding its growing roster of generative AI models, quite literally adding a new dimension with the debut of Stable Video 4D. While there is a growing set of gen AI tools for video generation, including OpenAI’s Sora, Runway, Haiper and Luma AI among others, Stable Video 4D is something a bit different. Stable Video 4D builds on the foundation of Stability AI’s existing…
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DefenseNews

The US Navy risks outsourcing control of its drones

Thanks to programs like Replicator, and incubators like the Defense Innovation Unit and the Disruptive Capabilities Office, the Navy is on the precipice of widespread adoption of uncrewed systems. These systems bring with them the prospect of new technologies, new operational designs and, potentially, new business models. A key question for the Navy is how to signal to industry that the service…
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Cleantech & EV'sNews

Vermonters get up to $6K to swap flood-damaged cars for EVs

Vermont is now offering its residents up to $6,000 in incentives to replace their flood-damaged, scrapped cars with EVs. On July 16, 2024 – barely over a year after 2023’s devastating floods – Governor Phil Scott (R-VT) announced updated state BEV and PHEV incentive programs in response to flood damage caused by Hurricane Beryl. These incentives waive the usual age and drivability…
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