CoinList to Pay Over $1.2 Million to OFAC for Sanctions Violations

by Александр Пирогов | Dec 17, 2023 | Blog News

CoinList, a cryptocurrency exchange and token listing platform, has agreed to pay over $1.2 million in a settlement with the Office of Foreign Assets Control (OFAC) for alleged violations of sanctions related to Russia and Ukraine. OFAC claimed that CoinList processed...

AI Enhances Global Climate Models For Accurate Extreme Precipitation Forecasting

by Александр Пирогов | Dec 17, 2023 | Blog News

Researchers at the Karlsruhe Institute of Technology (KIT) have developed an AI method using Generative Adversarial Networks (GANs) to improve the precision of global climate models, particularly in predicting extreme precipitation events. The AI model addresses...

Intel Unveils Gaudi3 AI Chip To Compete With Nvidia And Amd

by Александр Пирогов | Dec 17, 2023 | Blog News

Intel has launched the powerful Gaudi3 AI chip, positioning itself to compete with industry giants Nvidia and AMD. The announcement led to a 1% rise in Intel’s shares. The Gaudi3 chip is expected to enter the market and rival Nvidia’s H100 and AMD’s...

UK Senior Judges Issue AI Guidance for Judiciary, Cautions on Risks

by Александр Пирогов | Dec 13, 2023 | Blog News

A group of senior judges in the United Kingdom has issued guidance for the judiciary on the responsible use of artificial intelligence (AI) in courts and tribunals. The guidance, published on December 12, is aimed at magistrates, tribunal panel members, and judges in...

Senate Coalition Expands Support for Elizabeth Warren’s Crypto Bill to Curb Illicit Finance

by Александр Пирогов | Dec 13, 2023 | Blog News

U.S. Senator Elizabeth Warren’s bipartisan Digital Asset Anti-Money Laundering Act has garnered additional support from Senators Raphael Warnock, Laphonza Butler, Chris Van Hollen, John Hickenlooper, and Ben Ray Luján. The bill aims to address the risks of...

Binance Challenges SEC’s Attempt to Include DOJ Settlement Findings as ‘Irrelevant’

by Александр Пирогов | Dec 13, 2023 | Blog News

Binance has responded to the U.S. Securities and Exchange Commission’s (SEC) attempt to introduce findings from the $4.3 billion settlement with the U.S. Department of Justice (DOJ) in the ongoing legal proceedings. Binance argued that the SEC’s move is...