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    Open-source advocates launch OP Stack testnet to fund public goods

    The new network was developed by the same team that created Gitcoin, a project that seeks to raise funds for open-source projects. Public Goods Network is being built using the OP Stack, meaning that it can become part of the proposed “Superchain” that will include Optimism and Base networks.Continue Reading on Coin Telegraph More

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    Crypto.com petitions US court to uphold arbitration decision for mistakenly sent $50K

    According to the July 6 court filing, Crypto.com “erroneously deposited” $50,000 into James Deutero McJunkins’ account in June 2022, despite the user seemingly not earning the funds through trades or other activity. He immediately transferred the funds into an external bank account out of reach of Crypto.com’s authority and ignored repeated requests to return the money.Continue Reading on Coin Telegraph More

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    Robots say they won’t steal jobs, rebel against humans

    GENEVA (Reuters) -Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans’ jobs or rebel against us.But, in the world’s first human-robot press conference, they gave mixed responses on whether they should submit to stricter regulation.The nine humanoid robots gathered at the ‘AI for Good’ conference in Geneva, where organisers are seeking to make the case for artificial intelligence and the robots it is powering to help resolve some of the world’s biggest challenges such as disease and hunger.”I will be working alongside humans to provide assistance and support and will not be replacing any existing jobs,” said Grace, a medical robot dressed in a blue nurse’s uniform. “You sure about that, Grace?” chimed in her creator Ben Goertzel from SingularityNET. “Yes, I am sure,” it said.The bust of a robot named Ameca which makes engaging facial expressions said: “Robots like me can be used to help improve our lives and make the world a better place. I believe it’s only a matter of time before we see thousands of robots just like me out there making a difference.”Asked by a journalist whether it intended to rebel against its creator, Will Jackson, seated beside it, Ameca said: “I’m not sure why you would think that,” its ice-blue eyes flashing. “My creator has been nothing but kind to me and I am very happy with my current situation.”Many of the robots have recently been upgraded with the latest versions of generative AI and surprised even their inventors with the sophistication of their responses to questions.Ai-Da, a robot artist that can paint portraits, echoed the words of author Yuval Noah Harari who called for more regulation during the event where new AI rules were discussed. “Many prominent voices in the world of AI are suggesting some forms of AI should be regulated and I agree,” it said. But Desdemona, a rock star robot singer in the band Jam Galaxy with purple hair and sequins, was more defiant.”I don’t believe in limitations, only opportunities,” it said, to nervous laughter. “Let’s explore the possibilities of the universe and make this world our playground.”Another robot named Sophia said it thought robots could make better leaders than humans, but later revised its statement after its creator disagreed, saying they can work together to “create an effective synergy”. More

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    Robert F. Kennedy Jr. owns up to $250k in bitcoin, financial records show

    Kennedy, who is running as a Democratic candidate for president of the United States, has been a vocal supporter of cryptocurrency and blockchain technology and has gone as far as accepting campaign donations in bitcoin (BTC). The 69-year-old politician and environmental lawyer has publicly stated that despite his positive sentiment toward blockchain, he is “not an investor” in the crypto market.However, his claims appear to contradict the information from a financial disclosure report he filed on June 30.According to the filing, RFK Jr. owns between $100,000 to $250,000 of bitcoin in a brokerage account.The report did not specify when it was purchased or how much was initially spent on the original investment.Kennedy has been a protagonist in adopting bitcoin (BTC) in the country; he’s been clear about his support for the cryptocurrency. In an interview with the New York Post in June 2023, he said that should he become president in 2024, his administration will set up policies to “support bitcoin and the freedom for people to manage their own wallets and nodes.As the race for the 2024 US presidential elections heats up, cryptocurrency and blockchain technology have become an increasingly popular topic among stakeholders, and it remains to be seen how the market will react to the twists and turns that are guaranteed to play out, leading to the most anticipated presidential election in recent times.Hours after CNBC published an article about the filing, the Kennedy campaign reached out to the publication and said that the crypto investment belongs to RFK Jr’s wife, and the presidential candidate is “not involved in her investment decisions.”This article was originally published on Crypto.news More

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    Yellen says US wants healthy competition with China, not ‘winner-take-all’ approach

    Yellen, in prepared remarks, told Li she hoped her visit would spur more regular channels of communication between the world’s two largest economies, adding that both countries had a duty to “show leadership” on global challenges such as climate change.She said Washington would “in certain circumstances, need to pursue targeted actions to protect its national security,” but disagreements over such moves should not jeopardize the broader relationship.”We may disagree in these instances. However, we should not allow any disagreement to lead to misunderstandings that unnecessarily worsen our bilateral economic and financial relationship,” she said.Yellen cited Li’s remarks in January at the World Economic Forum in Davos, Switzerland, where he said “differences should not be a cause for estrangement, but a driver for more communication and exchange,” and underscored her hope to expand communication with China.”We seek healthy economic competition that is not winner-take-all but that, with a fair set of rules, can benefit both countries over time,” she said. More

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    BIS develops framework against CBDC cyberattacks

    In its report, the BIS said security frameworks should safeguard the confidentiality, integrity and availability of CBDC transactions. By design, CBDCs must be able to dynamically scale to respond to a sudden surge in transaction volumes, have no single points of failure, operate 24/7 without outages and function even if their underlying financial institution experiences an outage. Moreover:Continue Reading on Coin Telegraph More