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2024 AI Report
Read Report At the core of today’s AI revolution are neural networks—massive systems that, through repeated adjustments, learn to generate the correct output based on vast amounts of input data. While the implementation of these networks is surprisingly simple, involving simple multiplications and additions with massive parallelism, the scale of computation required to train them…
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The State of (US) DeFi
Sources: [Press release; Report] The United States Treasury Department has released a 42-page report examining the risks of illicit finance posed by decentralized finance (DeFi). This comprehensive risk assessment delves into the ways illicit actors exploit decentralized finance (DeFi) services for money laundering, ransomware schemes, theft, fraud, and other illegal activities. It also highlights vulnerabilities in…
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H.R.4763
Source Questions and Answers after reading the bill. When are digital asset trading systems exempt from registration? A digital asset trading system that offers or seeks to offer at least one digital asset is not required to register under Section 6(m) of the Securities Exchange Act of 1934 if the trading system satisfies any of…
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