U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen acknowledged the potential threat, noting that while it may not be a significant issue now, it could become more concerning as sanctions intensify.
Yellen: We Are Very Attentive to the Use of Crypto
U.S.
SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm
July 15, 2024
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce federal securities laws in…
The Philippine Department of Justice (DOJ) has charged two Russian nationals with stealing PHP340 million ($6.2 million) worth of XRP cryptocurrency from a local crypto exchange. The suspects allegedly hacked Coins.ph’s system to commit the theft. The DOJ emphasized the…
Jared Kaplan, Anthropic‘s Chief Science Officer and co-founder, didn’t mince words at VentureBeat’s Transform 2024 conference. His message? Generative AI technology is set to become as commonplace as smartphones, reshaping how we work, play, and interact with technology enabling on-demand bespoke software.
“If we’re right about the rate at which AI systems are going to improve, then AI…
At VentureBeat’s Transform 2024 conference yesterday, VAST Data Founder and CEO Renen Hallak shared insights into the company’s approach to AI infrastructure, offering a glimpse into the future of enterprise AI systems.
Hallak introduced VAST Data’s concept of a global…
Is bigger always better when it comes to large language models (LLMs)?
“Well, the answer is quite simply yes and no,” Yasmeen Ahmad, managing director of strategy and outbound product management for data, analytics and AI at Google Cloud, said onstage at VB Transform…
Navy Under Secretary Erik Raven will step down from his position next month, the Navy said.
Raven took on the job in April 2022 and has served as the Department of the Navy’s chief operating officer and chief management officer, according to his official biography.
He oversaw a variety of programs and was responsible for the department’s business operations, risk management and performance…
Senate lawmakers want the Defense Innovation Unit to expand its presence across the U.S. and are calling on the Pentagon’s commercial technology hub to develop a plan to partner with universities and tech companies around the country.
The Senate Armed Services…
Michigan’s Mackinac Island has introduced a new speed limit for electric bicycles, slowing down one of the only motorized forms of transportation in the town.
Mackinac Island, located between Michigan’s upper and lower peninsula, is known as one of the few car-free…
You’ve perhaps heard of the original Tesla Roadster, the car that started Tesla and the EV revolution. Now, a Roadster you probably haven’t heard of is for sale – a one-of-a-kind prototype for a performance package that never saw the light of day.
Update: The car has now been listed for auction on Cars & Bids. The auction ends July 15th at 10:30AM PDT.
Recently, we got an email tip…
