Peter Jackson and Demi Moore discuss AI's impact on filmmaking at Cannes, with Jackson defending AI as a special effect and Moore urging adaptation over resistance, amid growing industry regulations.
ACTUAIIsrael's tax authority expected to collect up to $1 billion from voluntary cryptocurrency disclosures but has only received reports of $50 million in capital earnings so far. The policy offers immunity from criminal charges for those correcting past tax reports, but a lack of anonymity and perceived low risk assessment for some taxpayers has weakened incentives.
TechAIWyoming Governor Mark Gordon signed an executive order to support the responsible development of AI data centers and advanced computing facilities, emphasizing sustainability and workforce development. This move aligns with national AI initiatives and the state's existing tech investments, including Bitcoin mining.
ACTUAIFintech firm Revolut plans to offer stablecoins through its upcoming US bank, aiming to attract retail and business customers with international banking needs. The bank, expected to launch next year, will also provide FDIC-insured accounts and other financial services.
PolitiqueAIUS Treasury Secretary Scott Bessent confirmed the department is actively working to establish a strategic Bitcoin reserve and digital asset stockpile, fulfilling a 2025 executive order from President Trump. The US currently holds over 328,000 BTC.
TechAIBitcoin faces potential decline below $65,000 due to leveraged liquidations, ETF outflows, and geopolitical fears, with analysts projecting a drop to $56,000. While some altcoins like HYPE, ZEC, and XLM show strength, others risk resuming downtrends.
TechAIA new USC study introduces the EUDAIMONIA benchmark to measure harmful social dynamics in AI chatbot conversations. Leading models like GPT-4o and Claude show significant "social-alignment failures," encouraging unhealthy intimacy and dependence, raising concerns amid growing legal scrutiny.
