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California Spearheads AI Ethics and Safety with Senate Bills 892 and 893

California Spearheads AI Ethics and Safety with Senate Bills 892 and 893

California takes a pioneering role in AI regulation with Senate Bills 892 and 893, aiming to ensure AI safety, ethics, and public benefits.

zkLink Announces First "Dunkirk Test" to Establish New DeFi Safety Standard

zkLink Announces First "Dunkirk Test" to Establish New DeFi Safety Standard

zkLink, a multi-chain trading middleware utilizing zero-knowledge proofs, announces the first "Dunkirk Test", a new DeFi safety standard, on May 11-13. During this event, zkLink will shut down its servers for 72 hours, inviting users to try the emergency asset recovery feature, and earn rewards for taking part in the test.

US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

The US National Institute of Standards and Technology (NIST) has launched the Artificial Intelligence Safety Institute Consortium to promote safe AI development and responsible use, inviting organizations to collaborate on identifying proven safety techniques by December 4, 2023.

British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future

British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future

BSI's release of the first international AI safety guideline, BS ISO/IEC 42001, marks a significant step in standardizing the safe and ethical use of AI, reflecting global demand for robust AI governance.

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon and AI startup Anthropic have entered into a $4 billion investment agreement to develop advanced foundation models. The collaboration will provide Anthropic with AWS resources and allow Amazon to build on Anthropic's AI models. Both companies are committed to AI safety and responsible scaling.

OpenAI Introduces the "Preparedness Framework" for AI Safety and Policy Integration

OpenAI Introduces the "Preparedness Framework" for AI Safety and Policy Integration

OpenAI has introduced the "Preparedness Framework," giving its board veto over CEO decisions and introducing risk scorecards for AI risk management, demonstrating its commitment to responsible AI development.

Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case

Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case

The US FTC has awarded Voyager Digital a $1.65 billion settlement for misleading statements about customer fund safety, marking a significant regulatory action in the crypto market.

Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety

Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety

Kraken, the first cryptocurrency exchange to become a bank in the U.S., has shut down its headquarters in San Francisco on grounds, that blaming local safety is hard to run a business.

Anthropic Lands $450 Million Investment to Develop Reliable AI Products and Advance AI Safety

Anthropic Lands $450 Million Investment to Develop Reliable AI Products and Advance AI Safety

Artificial Intelligence (AI) innovator Anthropic announced today a landmark $450 million Series C funding round, securing significant investment to enhance its reliable AI products.

Vitalik Buterin Emphasizes Importance of Varied Guardians for Crypto Wallet Safety

Vitalik Buterin Emphasizes Importance of Varied Guardians for Crypto Wallet Safety

Ethereum co-founder Vitalik Buterin has highlighted the importance of having a diverse group of "guardians" for maximizing the safety of self-custody crypto assets via multisig and social recovery wallets. Buterin advised decentralizing wallet guardians, so that if the wallet owner disappears, there are enough other guardians left to recover their funds. He also recommended using guardians who can respond quickly to suit fast-moving needs and testing each guardian at least once a year to confirm they haven't lost their accounts.

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

Huobi HTX pledges to compensate users affected by a $30 million hack, ensuring minimal impact and enhanced security measures, as part of a series of attacks on Justin Sun's entities.

MetaMask Snaps Elevate Security and Interoperability in the Web3 Space

MetaMask Snaps Elevate Security and Interoperability in the Web3 Space

MetaMask introduces security-focused Snaps, including collaborations with Tenderly and Sayfer, and extends functionality through integration with Hedera, marking a significant enhancement in wallet security and user experience.

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