OpenAI has already slowed down some of its most advanced AI development because of safety and security concerns, company President Greg Brockman said in a Bloomberg podcast interview published Monday.
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining.
The Senate’s failure to advance the Clarity Act on Tuesday was a major setback for the crypto industry’s push to lock market structure rules into law, but the reaction from industry leaders was notably measured.
Crypto markets went into freefall Monday night after the Senate failed to advance the CLARITY Act, with the bill’s collapse triggering the sharpest selloff crypto has seen in weeks. The total crypto market cap fell to $…
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt.
The Wyoming Republican says the final text hands Democrats more than 120 of their own demands, including sweeping new ethics rules, as the Senate holds a make-or-break cloture vote Tuesday afternoon.
Ripple CEO Brad Garlinghouse says Monday’s CLARITY Act defeat “stings,” and he’s promising a full breakdown of what went wrong in the days ahead. The CLARITY Act failed to advance in the Senate, falling well short of th…
Strike is a decentralized lending protocol where users can supply crypto assets to liquidity markets and earn interest, while borrowers can access capital without selling their holdings.
Crypto stocks were a sea of red Tuesday afternoon after the Senate failed to advance the Clarity Act, dealing a major blow to an industry that has spent years — and hundreds of millions of dollars in campaign contributi…
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.
The Senate failed to invoke cloture on the Digital Asset Market Clarity Act Tuesday afternoon, falling short of the 60 votes needed to advance the bill to debate. Senators voted 49 in favor and 50 against, dooming the b…
The Clarity Act’s chances of clearing a key Senate hurdle faded Tuesday as Republicans rejected a counteroffer from Democrats, leaving the two sides far apart just hours before a pivotal procedural vote.