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November 12, 2024
The lawyer representing FTX founder Sam Bankman-Fried informed a federal judge on Wednesday that his client intends to testify at his trial for fraud. This puts an end to speculation about whether the highly visible figure in the cryptocurrency industry would remain silent in the face of accusations from prosecutors that he embezzled billions of
READ MORENEW YORK (AP) — Bitcoin is having another moment. The world’s largest cryptocurrency soared to almost $35,000 this week, marking its highest point in nearly 18 months — and more than double the price seen at the start of 2023. The value of cryptocurrency soared from $5,000 at the beginning of the pandemic to $68,000
READ MOREEnvironmental advocates expressed disapproval on Wednesday regarding Malaysia’s choice to permit Lynas Rare Earths to operate until March 2026. They also called for greater openness regarding the Australian mining company’s strategies for extracting a radioactive substance from its increasing amount of waste. On Tuesday, the government announced that it has granted Lynas permission to continue
READ MOREA warning was issued by a watchdog agency on Tuesday, stating that the increasing prevalence of child pornography on the internet could escalate further if measures are not taken to regulate artificial intelligence technology that creates deepfake images. The Internet Watch Foundation, based in the U.K., has issued a written report calling on governments and
READ MORESAN FRANCISCO (AP) — California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace. The DMV in California has temporarily halted the Cruise robotaxi service, which follows the recent approval by the Public Utilities
READ MORESeveral U.S. states, such as California and New York, have filed lawsuits against Meta Platforms Inc. for causing harm to young individuals and exacerbating the mental health crisis among youth. It is alleged that the company intentionally and knowingly created features on Instagram and Facebook that promote addiction among children. A legal case has been
READ MOREThe US government is widening their inquiries into Tesla beyond their semi-automated driving technology and has now issued subpoenas for information rather than just requesting it, as stated by the company on Monday. In its quarterly filing with the Securities and Exchange Commission, Tesla disclosed that the Department of Justice is conducting an investigation into
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