Community banks sue OCC over trust bank charters of crypto firms

Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress.

6 minutes ago · Cointelegraph

Plunging GPU prices threaten AI hosts, and new hedges step in

Companies building AI applications can rent powerful computers instead of buying the equipment themselves, paying for access to the graphics processing units, or GPUs, that run their software. Lower rental prices make those applications cheaper to operate, but they can also make life harder for the company that bought the machines and needs the rent […] The post Plunging GPU prices threaten AI hosts, and new hedges step in appeared first on CryptoSlate.

2 hours ago · CryptoSlate

Trump is expected to appoint Jay Clayton as new AI czar: Reports

US intel chief Clayton may be asked to also oversee AI innovation and development along with “self policing” tech CEOs.

2 hours ago · Cointelegraph

Analysis-AI’s race to transform the world before the money runs out

4 hours ago · Investing.com

US judge kills Milei’s LIBRA memecoin lawsuit, leaving investors stranded

A September 29 ruling closes the LIBRA/M3M3 district-court case after continuity, pleading and jurisdiction failures. The post US judge kills Milei’s LIBRA memecoin lawsuit, leaving investors stranded appeared first on CryptoSlate.

5 hours ago · CryptoSlate

New SEC crypto rules threaten small advisers, but big firms win

The SEC’s modeled $433,833 annual adviser cost subtotal excludes significant technology spending, raising questions about who can offer the fallback. The post New SEC crypto rules threaten small advisers, but big firms win appeared first on CryptoSlate.

8 hours ago · CryptoSlate

Blast shuts down $20M layer-2 network, forcing Oct. 26 exit deadline

Users face a temporary withdrawal pause before an Oct. 26 deadline to exit through Blast’s normal interface. The post Blast shuts down $20M layer-2 network, forcing Oct. 26 exit deadline appeared first on CryptoSlate.

10 hours ago · CryptoSlate

Apple says it will flag AI requests for Mac data after Meta’s Muse draws complaints

10 hours ago · Investing.com

IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project

Bitcoin Magazine IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project The International Monetary Fund approved a $139 million disbursement to El Salvador but still wants it to scale back its Bitcoin project. This post IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

11 hours ago · Bitcoin Magazine

Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970s

Is it time to dust off the financial playbook from that dismal decade?

11 hours ago · MarketWatch

Stablecoin issuers have replaced 40% of China’s lost US Treasury demand

Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground. Tether and Circle have increased their Treasury securities and repurchase-agreement holdings by about $200 billion over the past five years, equivalent to more than 40% of the decline in China’s Treasury holdings over the same […] The post Stablecoin issuers have replaced 40% of China’s lost US Treasury demand appeared first on CryptoSlate.

11 hours ago · CryptoSlate

US appeals court blocks Minnesota’s AI ’nudification’ law for now in XAI lawsuit

12 hours ago · Investing.com