Kraken parent Payward, Franklin Templeton plan onchain investment products

Payward, the parent company of cryptocurrency exchange Kraken, is partnering with asset manager Franklin Templeton to expand the use of tokenized financial products for institutional investors. The companies said on Tuesday they would develop a range of blockchain-based investment products, including tokenized income products, tokenized shares and custody services related to digital assets. The move…

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A former OpenAI employee explains the ‘open secret’ of AI: Companies are building systems they still can’t reliably control

Daniel Kokotajlo discusses a key challenge for future AI development: AI orchestration. This involves ensuring that AI systems align with human intentions and values. As AI companies race to build superintelligence, AI coordination will be critical to maintaining control. Daniel Kokotajlo, a former OpenAI researcher and current head of the Future of Artificial Intelligence project,…

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Crypto analytics firm Elliptic lands $120 million as AI reshapes blockchain compliance

Blockchain analytics firm Elliptic said it raised $120 million in new funding from investors including Nasdaq Ventures and Deutsche Bank as financial institutions increase spending on crypto compliance and security infrastructure. The round, led by growth equity firm One Peak, values ​​the London-based company at $610 million, according to a press release Tuesday. British Business…

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Democrat lawmaker calls Clarence Thomas an ‘Uncle Tom’ and ‘lynchman’ after Supreme Court redistricting ruling

State Rep. Juandalen Givan launched a blistering attack on U.S. Supreme Court Associate Justice Clarence Thomas in a fiery video Monday, calling him an “Uncle Tom” and a “lynch” and accusing him of betraying the black community. Her comments came in response to Monday’s Supreme Court ruling on redistricting, in which justices overturned a court-ordered…

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BTC news: EBay rejects GameStop’s $56 billion bid as bitcoin exposure back in focus

Shopping giant eBay has rejected an ambitious $56 billion takeover bid from video game retailer GameStop, leaving it to decide whether to give up, raise its bid or go to war with shareholders directly. eBay’s board of directors on Tuesday called the half-cash, half-stock takeover offer “neither credible nor attractive,” citing concerns about financing and…

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