Tag: Crypto News
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California Advances Landmark Legislation to Ban AI Chatbots from Posing as Therapists and Making Unsupervised Mental Health Decisions
Sacramento, CA – California is poised to enact pioneering legislation that would significantly restrict the use of artificial intelligence (AI) chatbots in mental health care, specifically barring them from posing as therapists and making critical mental health decisions without direct human oversight. Senate Bill 903, also known as the Wellness and Oversight for Psychological Resources…
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Google Unveils Gemini 3.7 Flash: A New Era for Cost-Effective AI Performance and Multimodality
Google has officially launched Gemini 3.7 Flash, a significant iteration in its series of fast and efficient AI models, making it generally available on August 13 across more than 160 countries. This release marks a strategic move by the tech giant to cater to the growing demand for AI solutions that prioritize speed, cost-efficiency, and…
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Z.ai Unveils GLM-5.3, Heralding a New Era for Open-Weight AI Coding Models with Unprecedented Efficiency and Cybersecurity Prowess
Chinese artificial intelligence research laboratory Z.ai announced on Thursday the public release of GLM-5.3, a substantial coding model that the Beijing-based firm is positioning as the most robust open-weights coder currently available in the market. The highly anticipated model is immediately accessible through Z.ai’s GLM Coding Plan subscription and its dedicated platform, ZCode, with broader…
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Apple Forges Strategic Alliance with Alibaba and Baidu to Localize AI for Chinese Market, Securing Crucial Regulatory Approval
Apple has embarked on a significant strategic endeavor to introduce its advanced artificial intelligence capabilities, branded as Apple Intelligence, to the lucrative and highly regulated Chinese market. This initiative involves the development of a proprietary AI model specifically trained for China, a move facilitated by a crucial partnership with Chinese technology giant Alibaba, as reported…
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France Tax Data Leak Could Fuel Scams, Attacks Targeting Bitcoin Holders
A significant cybersecurity incident has plunged hundreds of thousands of French citizens and businesses into a state of heightened vulnerability, following reports that a hacker is actively selling a vast trove of sensitive French tax records. This breach, which reportedly originated from France’s Direction Générale des Finances Publiques (DGFiP) – the national tax authority –…
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Coldcard Wallet Exploit Nears $150 Million in Stolen Bitcoin as Vulnerability Deepens Security Concerns.
The massive Coldcard hardware wallet exploit continues to unfold, with losses from stolen Bitcoin beginning to show a deceleration in new attacks but the overall stolen amount persistently climbing. Crypto research firm Galaxy Research, which has been diligently tracking the incident since its inception, reported on Thursday that the seed-recreation vulnerability has now resulted in…
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Crypto Group Warns Fed Could Use Banking Access to Squeeze Digital Asset Firms
The Blockchain Association, a prominent crypto trade group, has formally called upon the U.S. Supreme Court to review the ongoing legal battle between Custodia Bank and the Federal Reserve. In an amicus brief filed on Wednesday, the association argued strenuously that the central bank’s perceived broad power to deny payment system access to otherwise eligible…
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Artificial Intelligence Accelerates Nation-State Grade Exploit Development, Exposing Critical Vulnerabilities in Zoom Across All Major Platforms
The landscape of cybersecurity is undergoing a profound transformation, with artificial intelligence (AI) emerging as a powerful, double-edged sword. A recent revelation from Israeli cybersecurity firm A Security has starkly illustrated this shift, demonstrating how publicly available AI models can drastically accelerate the discovery and exploitation of critical software vulnerabilities. In a period of less…
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Longtime OpenAI Executive Brad Lightcap Departs Amidst Leadership Shake-Up and Pre-IPO Scrutiny
Brad Lightcap, a pivotal figure at OpenAI for eight transformative years, announced on Tuesday his departure from the leading artificial intelligence developer to embark on a new entrepreneurial venture. This significant exit marks the latest in a series of high-profile leadership changes at the AI behemoth, drawing intensified scrutiny from industry observers and investors as…
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Australia’s Financial Watchdog Halts Largest Crypto ATM Network Amid Escalating Anti-Money Laundering Concerns
Australia’s financial intelligence agency and anti-money laundering (AML) regulator, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has decisively moved to suspend the registration of Cryptolink Pty Ltd, the operator behind the nation’s largest network of Bitcoin and crypto ATMs. This significant regulatory action, effective August 9, 2026, and slated to last for three months…
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