This week’s technology headlines highlighted AI’s expanding reach into consumer products, scientific research, weather forecasting, journalism, robotics, and critical infrastructure. At the same time, costly mistakes, unresolved security risks, and escalating energy demands showed why rapid deployment must be matched by stronger oversight. Top news AI adoption accelerates across platforms and devices Google’s Gemini has…
XAO DAO has not yet disclosed the final mechanics or timetable for implementing all the proposed governance changes. XAO DAO is preparing a series of governance changes for the XRP Ledger over the next two to three months, according to Fabio Marzella, the organization’s co-founder. The planned changes would let members delegate voting power,…
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Key Takeaways Bitwise partnered with Superstate to tokenize fund shares, with BSOL expected to be first. Bitwise’s $9B platform could push regulated ETF ownership further onto blockchain rails. BSOL tokenization still needs legal clearance as Bitwise reduces staff headcount. Bitwise Taps Superstate to Bring ETF Shares Onchain Bitwise Asset Management is preparing to bring shares…
Coinbase and Ripple executives have been named among the expected attendees at an Aug. 19 White House meeting involving at least six crypto and prediction market companies. Summary Six crypto and prediction market firms are expected to have representatives at the White House meeting. Coinbase, Ripple, a16z, Chainlink, Paradigm, and Kalshi are among the reported…
Privacy advocates and musicians rallied outside Madison Square Garden on Friday, pushing for new legislation to prevent facial-recognition technology at the venue and other public spaces in New York City. “MSG and its CEO, James Dolan, have been flagrantly abusing biotechnology,” City Council member Shahana Hanif said at the event on Friday, after leading a…
Kalshi and Polymarket are offering bets on winners, spreads, totals, and player stats, but Baltimore says they lack the required licenses. Baltimore has taken legal action against prediction market operators Kalshi and Polymarket, accusing both companies of offering illegal sports betting in the city. Mayor Brandon M. Scott and the Baltimore City Council filed…
Aurora Innovation and Kodiak AI, two companies developing self-driving trucks, have received permits from the California Department of Motor Vehicles to test their autonomous vehicle technology on public roads. And Kodiak has already started. Kodiak said it is starting with a handful of test trucks in California, primarily around its Mountain View office. Both companies…
Key Takeaways Kalshi removed all sports mention markets as the CFTC reviews them, NPR reports. Trump markets are 82% of the $1.16M in visible volume still listed on Kalshi. Washington bans the whole mentions category, with geofencing due by Sept. 2. Sports Mentions Are Gone but Trump Markets Are Still Trading Federal regulators have opened…
Tokenization-linked stocks have fallen as much as 11.2% after legal and market concerns reportedly delayed the SEC’s planned innovation exemption for blockchain-based securities. Summary Bullish fell 11.2%, extending its decline from about 8% earlier in Friday’s session. Coinbase and Circle dropped 3% and 4.8%, respectively, as tokenization-linked shares weakened. The SEC reportedly faces questions about…
