Catholic leaders have urged the Senate to oppose a section of the Clarity Act, arguing it could facilitate human trafficking and illicit finance by shielding decentralized software developers from prosecution. The Blockchain Regulatory Certainty Act (BRCA) provision is also opposed by law enforcement.
Meta's AI investments have led to 8,000 layoffs, with over half concentrated in California and Washington. Software developers and middle managers, particularly engineering managers, were most affected, aligning with CEO Mark Zuckerberg's strategy to reduce corporate bloat.
CrowdStrike, with Google and Shadowserver, dismantled the Glassworm botnet, which targeted open source software developers to spread malware and steal passwords, compromising over 300 GitHub repositories.
AWS CEO Matt Garman believes AI won't replace him, but competitors who leverage it better. He states AI is changing developer roles, emphasizing system building and problem-solving over basic coding, while Amazon continues to hire software developers.
Google is integrating its AI model, Gemini 3.5, into Search, allowing for more conversational queries and AI-generated responses. The company also announced new intelligent eyewear in partnership with Samsung, Warby Parker, and Gentle Monster, marking a return to smart glasses after the initial Google Glass failure.
Google DeepMind CEO Demis Hassabis believes AI models like Gemini 3.5 Flash will boost developer productivity rather than eliminate jobs. He suggests fears of AI replacing programmers stem from a lack of imagination and potentially ulterior motives, emphasizing AI's potential to enable more ambitious projects.
The CLARITY Act’s next problem is whether Senate Republicans can keep the crypto market structure bill on schedule while a housing dispute and unresolved DeFi protections pull the markup into a narrower window. The act's markup has moved past the stablecoin yield standoff to Sen. John Kennedy's housing frustration, unresolved protections for software developers, and […] The post CLARITY Act risks slipping as housing fight stalls Senate crypto markup appeared first on CryptoSlate.
The CLARITY Act's markup has moved past the stablecoin yield standoff to Sen. John Kennedy's housing frustration, unresolved protections for software developers, and the Republican vote math that Senate Banking Chair Tim Scott still needs to close. The Tillis-Alsobrooks compromise that broke the yield deadlock allows stablecoin rewards tied to platform usage and activity while […] The post Crypto Clarity rules may be delayed because Congress is somehow stuck arguing over housing appeared first on CryptoSlate.
Coin Center published a report arguing that writing and publishing crypto software code is protected speech under the First Amendment, comparable to writing a book or publishing a recipe. Executive Director Peter Van Valkenburgh and Director of Research Lizandro Pieper said developers who only publish and maintain software are speakers and inventors, not agents or custodians, and should not face regulatory requirements. The report comes amid ongoing uncertainty over developer liability following convictions of Tornado Cash developer Roman Storm and Samourai Wallet co-founders.
