Tag: urge
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Major Tech and AI Leaders Urge Washington to Safeguard Open-Source AI Innovation Amidst Rising Geopolitical Tensions
Twenty-five leading technology and artificial intelligence companies, including industry giants like Nvidia, Microsoft, Meta, Andreessen Horowitz, Hugging Face, IBM, and Dell, have collectively issued a stark warning to the United States government: do not stifle open-source AI development. In a letter published Friday, titled "Open Weights and American AI Leadership," these prominent players argued that…
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Phantom Technologies and Hyperliquid Policy Center Urge CFTC to Modernize Regulatory Framework for Onchain Market Infrastructure
Phantom Technologies and the Hyperliquid Policy Center (HPC) have submitted a joint comment to the Commodity Futures Trading Commission (CFTC), formally requesting that the federal agency overhaul its existing regulatory framework to better accommodate onchain market infrastructure. The filing serves as a direct response to the CFTC’s recent Request for Information (RFI) concerning regulations that…
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Strategy’s Latest Bitcoin Sale Sparks FTX Collapse Comparisons, Analysts Urge Caution Amidst Market Uncertainty
The recent significant sale of Bitcoin by a prominent corporate holder, Strategy, has sent ripples through the cryptocurrency market, drawing parallels to the catastrophic collapse of FTX in 2022 and igniting fervent debate among investors and analysts. The company, historically known for its aggressive accumulation of Bitcoin under the leadership of its outspoken Bitcoin advocate,…
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Phantom Technologies and Hyperliquid Policy Center Urge CFTC to Modernize Onchain Market Regulations and Infrastructure Standards
Phantom Technologies, the developer behind the widely used non-custodial Phantom wallet, and the Hyperliquid Policy Center (HPC) have formally submitted a joint comment to the Commodity Futures Trading Commission (CFTC), advocating for a comprehensive update to the agency’s regulatory framework regarding onchain market infrastructure. The filing comes as a direct response to the CFTC’s Request…
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CME Group and Intercontinental Exchange Urge US Authorities to Regulate Hyperliquid Amid Growing Market Influence
The landscape of global derivatives trading is facing a significant shift as traditional financial titans CME Group and Intercontinental Exchange (ICE) have formally signaled concerns regarding the rapid ascent of Hyperliquid, a decentralized trading platform. In a move that highlights the intensifying friction between established financial infrastructure and decentralized finance (DeFi), the two exchange powerhouses…
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