ASIC Sounds Alarm to Sceptical Crowd at Sydney Digital Asset Event
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ASIC Sounds Alarm to Sceptical Crowd at Sydney Digital Asset Event

Top Stories Tamfitronics ASIC Commissioner, Alan Kirkland, flagged that most crypto-based businesses in Australia will require a financial services licence to avoid litigation in remarks made at the AFR’s Crypto and Digital Assets Summit on Monday.Australia’s digital assets industry figures at the summit reacted with alarm to the comments, concerned this litigious approach coupled with Australia’s web3 legislative vacuum will continue to stifle innovation and drive developers overseas.The government says it’s working to develop high quality legislation, though it has no timeline for when we might see it introduced into parliament.The alarm was triggered in Australia’s crypto industry, both literally and figuratively, after remarks from the Australian Securities and Investments Commission (ASIC) chief at the Australian Financial Review’s (AFR) Crypto and Digital Assets...
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Mark Zuckerberg Sounds Off on Developing AI: ‘I Don’t Think AI Technology Is a Thing That Should Be Hoarded’
Science & Technology

Mark Zuckerberg Sounds Off on Developing AI: ‘I Don’t Think AI Technology Is a Thing That Should Be Hoarded’

Technology tamfitronics AI may soon become a part of our everyday lives, but in a new interview with the YouTuber Kallaway, Meta CEO Mark Zuckerberg suggested we may be thinking about the technology all wrong.Zuckerberg spoke about most major companies and their desire to build one main AI, using Google's Gemini or OpenAI's Chat GPT as examples. But for Meta, the strategy isn't to develop one central AI — the company wants to create multiple programs. "Our overall view is that this isn't the type of thing that there should just be one of, people want to interact with lots of different people and businesses and there need to be...
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Stamp Cuban Sounds Horror on Bitcoin as Transaction Expenses Plunge Post-Halving
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Stamp Cuban Sounds Horror on Bitcoin as Transaction Expenses Plunge Post-Halving

Top Stories Tamfitronics The Bitcoin halving reduced miner rewards from 6.25 to 3.125 BTC at block 840,000, coinciding with excessive transaction expenses due to the the Runes originate.Expenses first and fundamental establish surged to over US$146 for medium-precedence and $170 for excessive-precedence transactions, nonetheless hold since reduced to around $16.Stamp Cuban suggests miners might possibly presumably also pivot to AI, exploiting excessive GPU request, as mining’s economics shift put up-halving.The Bitcoin halving is over and what’s known as the ‘block subsidy’ – the reward miners get for their work – has reduced from 6.25 bitcoin to 3.125 bitcoin on block 840,000. To this point so gorgeous, nonetheless expenses on the network had been unusually excessive amid the Rune originate and members paying to...
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