California removes teeth from AI law without addressing tech’s core concerns
The law appears more corporate friendly, but the implications for consumers are a bit murkier. Go to Source
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Blockchain gets down and dirty fighting fraud at California’s DMV
It’s not the world’s first chain-based property transfer protocol, but it could be one of the most impactful, given its scale and prominence. Go to Source
California county to regulate Bitcoin ATMs backed by state laws
Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency. Go to Source
Swan Bitcoin cancels conference amid staff reduction, mining shutdown
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July. Go to Source
California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration
The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain network, which uses the cryptocurrency AVAX as its native token. This innovative system, developed by Oxhead Alpha, enables users to transfer vehicle titles within minutes, significantly reducing the traditional two-week processing time. This initiative is part of … Read more
Regulators are misguided in efforts to restrict open-source AI
Lawmakers in Europe and California are worried about that open-source AI is “dangerous.” On the contrary — there is nothing dangerous about transparency. Go to Source
California DMV building blockchain on Avalanche for title transfers
The DMV has successfully digitized 42 million car titles on the Avalanche blockchain. Go to Source
LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that the investigation is ongoing. Canyon Country Resident Accused of Stealing $579K Worth of … Read more
Ripple faces securities suit in California over CEO’s ‘misleading statement’
Judge Phyllis Hamilton found XRP could be a security when sold to retail and gave the go-ahead to a class-action lawsuit over statements from Ripple CEO Brad Garlinghouse. Go to Source
Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California
Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao (CZ) is now beginning his prison sentence after admitting guilt to charges related … Read more
