China suffers worst capital flight in years, but could it pump Bitcoin?
China's capital outflows reached $49 billion in August, its highest in nearly eight years. Analysts are debating whether it could be a boon for Bitcoin and crypto.
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Hong Kong politician responds to Vitalik’s comments about crypto-friendliness
Johnny Ng of Hong Kong’s Legislative Council said he “sincerely invites” Vitalik Buterin to Hong Kong to better understand the situation regarding its crypto-friendliness.
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems.
How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley's framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions.
AI usage on social media has potential to impact voter sentiment
The U.S. presidential election is nearing and with it comes the employment of technologies like AI on social media platforms to manipulate voter sentiment.
Tencent unveils ChatGPT rival in China amid continuing US AI chip ban
Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China.
80 Chinese crypto influencer accounts shut down in latest crackdown
The accounts had over 8 million in combined followers before they were removed.
Chinese tech-giant CEO says over 70 AI models have been released in China
The CEO of Baidu said that since China’s new AI regulations have been in place over 70 AI models have been released in China with over 1 billion parameters.
Bank of China: Digital yuan payment option must be offered in retail scenarios
In the short term, the e-commerce platforms can integrate the CBDC through the QR codes.
US regulators deny blocking AI chip exports to Middle East
The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries.
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