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Tag: chuck schumer

Don’t worry, folks, here comes Chuck Schumer with some ideas about regulating AI

US Senator Chuck Schumer (D-NY) is lately bent on passing bipartisan legislation enabling independent public audits of commercial AI products before they're unleashed on...

FTX Requests Return of Donations from SBF’s Political Beneficiaries

After Sam Bankman-Fried donated tens of millions of dollars to politicians throughout the 2022 midterm election cycle, the 30-year-old’s former company is asking...

U.S. Senate committee revised a draft bill to fund AI, quantum, biotech

3D geolocation is transforming location technology From food delivery services to safety apps and gaming, learn how it's now...

U.S. Senate committee to consider technology research spending bill

Join Transform 2021 this July 12-16. Register for the AI event of the year. (Reuters) — A U.S. legislative proposal to allocate about...

Bitcoin Back Above $54K Thanks to Declines in U.S. Dollar and U.S. Treasury Yields

On Tuesday (March 9), the Bitcoin price is back above the $54,000 level for the first time since February 23. Data by TradingView tells us that, on crypto exchange Bitstamp, around 3:32 UTC, the Bitcoin price surged above the $54,000 level for the first time in two weeks. Roughly two and a half hours later […]

Bitcoin Surges Past $51K Thanks to U.S. Senate Passing $1.9T Covid Relief Bill

At 17:24 UTC on Saturday (March 6), U.S. Senate Majority Leader Chuck Schumer announced that Senate Democrats had just managed to get passed a $1.9 trillion COVID-19 relief bill (“American Rescue Plan”). Moments later, Bitcoin started rally, and by 14:05 UTC on Sunday (March 7), on crypto exchange Bitstamp, the BTC price had reached $51,306, which […]

Biden rejects Bitcoin-sized COVID-19 rescue plan as money printers prime for action

The president's refusal to budge on a $1.9 trillion COVID-19 relief bill will have knock-on effects for Bitcoin, as the money printers look set for action once more.

Three Things We’ve Learned from the Paycheck Protection Program

The U.S. Government’s Paycheck Protection Program (PPP) was set to expire yesterday, but the Senate voted to extend the loan program by...

TikTok Reverse Engineering Highlights Massive Privacy Problems

A recent reverse engineer of the video-sharing social platform TikTok has revealed huge privacy issues for its users. The findings highlight the shortcomings...

Mapping the Future of the SEC (There’s a Nonzero Chance Hester Peirce Takes Over)

The future of the U.S. federal securities regulator, and perhaps the direction of cryptocurrency policy, is up in the air. Last week, President Donald...

Cash Crisis: National Currencies Plunge in the Wake of Coronavirus

Fiat currencies across the globe have experienced sharp declines in the wake of the coronavirus panic, with the Norwegian Krone...

Nouriel Roubini: Trillion Dollar Stimulus Bails Out Corporations, Not Workers

NYU economics professor Nouriel Roubini attacked federal stimulus legislation Sunday as a light on aid for workers. His remarks echo the response from...

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