Fun

News Feed - 2023-09-12 05:09:38

Derek Andersen12 hours agoBlockchain could authenticate AI as crypto racks up court victories: Rep. EmmerU.S. Rep. Tom Emmer told an audience at Permissionless II that things are looking up for crypto and it’s time to concentrate the narrative on innovation.3071 Total views11 Total sharesListen to article 0:00NewsJoin us on social networksBlockchain could be used to authenticate the real from what is generated by artificial intelligence (AI), Congressman Tom Emmer suggested Sept. 11 at the Permissionless II conference. That would combine nicely with other progress being seen in United States cryptocurrency policy, he said.


Speaking on a panel, Emmer began on a cautious note, saying the recent Ripple and Grayscale wins in court are still subject to appeal. But an upcoming U.S. Supreme Court ruling “is going to perhaps […] put a stake into the heart of the administrative state.”


Emmer was apparently referring to the case of Loper Bright Enterprises v. Raimondo, a challenge to the Chevron deference doctrine, which in 1984 established that a court should defer to a government agency when legislation is unclear.


Related: Rep. Tom Emmer sponsors amendment to limit SEC’s crypto oversight


What the crypto industry needs in Congress is the industry’s “raising awareness, but then having a solution,” Emmer said. He added:“You have more members of Congress who have educated themselves than ever before, but we"re not quite there yet.”


A change in narrative is needed. “The way I would suggest this crowd start doing it is through AI,” Emmer said. Congress is raising red flags about determining “what’s real and what’s false.” But:“Guess what? The technology in digital assets is the authenticator.”


Meanwhile, “They’re still focused on FTX. Even though it"s […] a fraud as old as finance, they’ve still been able to distract everybody because of the FTX thing, and we haven"t gotten back to the innovation and all the success that is in this space, what it means for individuals.”We don’t deserve Tom Emmer or Hester Pierce.

Honest civil servants fighting tirelessly on our behalf, we salute you pic.twitter.com/Gn3myYyRRF— Mippo (@MikeIppolito_) September 11, 2023


Emmer is a cosponsor of the Financial Innovation and Technology for the 21st Century Act and the SEC Stabilization Act, which would reportedly lead to U.S. Securities and Exchange Commission Chair Gary Gensler’s dismissal.


Magazine: Opinion: GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’# Cryptocurrencies# Legislation# Court# RegulationAdd reactionAdd reactionRead moreHow to use index funds and ETFs for passive crypto incomeHuman vs. AI: Who is better at crypto investing?10 years later, still no Bitcoin ETF — but who cares?

News Feed

Tristan Greene3 hours agoOxford scientists develop GPU-accelerated limit order book sim to teach AI how to tradeThe first-of-its-kind architecture gives up to a 7x speedup over traditional training methods.1940 Total vie
Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive
Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive Following the outcry over the
Tom Mitchelhill4 hours agoAre Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh inWhile unlikely, Bloomberg’s ETF analysts conceded there’s always a possibility that SEC Chair Gary Gensler could
Bitcoin.com Announces Cooperation Agreement With Japanese Media CoinOtaku
Bitcoin.com Announces Cooperation Agreement With Japanese Media CoinOtaku PRESS RELEASE. Bitcoin.com, the go-to web portal for everything bitcoin, announced it r
Best Altcoins to Buy Before Bitcoin Becomes ‘Exponentially Harder to Buy’
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ethereum price clings 'crucial area,' drop below $2.8K looming
Ciaran Lyons7 hours agoEthereum price clings "crucial area," drop below $2.8K loomingCryptocurrency traders argue that Ether’s next move is crucial not just for Ether itself, but for Bitcoin as well.3082 Total views10
Stock Market Futures Surge as Trump Gets Positive on China
TwitterFacebookLinkedInTrump"s tweets on China may set the stage for a strong rally in the stock market this week as S&P 500 futures open higher. | Source: REUTERS/Jonathan Ernst
A Team of Experienced Crypto Enthusiasts Launch RIDGE Charity Token
A Team of Experienced Crypto Enthusiasts Launch RIDGE Charity Token press release PRESS RELEASE. Podgorica, Montenegro – A group of crypto enthusiasts has announced the relea
Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50% This Week
Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50% This Week Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The to
Prashant Jha13 hours agoAustralia open to idea of CBDC as future of money — RBAThe assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be o
Ether (ETH) price drops after Dencun upgrade, as Ethereum layer-2s experience lower transaction costs
Nancy Lubale5 hours agoEther (ETH) price drops after Dencun upgrade, as Ethereum layer-2s experience lower transaction costsHistorically, Ethereum network upgrades rarely significantly impact the price of ETH.3953 Total
Tristan Greene5 hours agoBitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflowsBlockchain equities inflows reached a recent high of $15 million as well. However, total trading volume