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FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings

FTX has filed a motion in Delaware court to sell a $175 million claim against bankrupt Genesis Global Capital, aiming to optimize returns from the sale. The move is part of FTX's broader strategy to manage its financial recovery post-collapse, with the proposed sales procedure designed to ensure maximum value from the claim amidst Genesis's ongoing legal and financial challenges. (Read More)Source link

Trump Warns of AI and Deepfake Dangers in Fox Business Interview

Former President Donald Trump criticized AI and deepfake technology, stating they pose significant risks and require urgent action to mitigate potential conflict and misinformation, emphasizing the complexities of regulating AI and ensuring ethical use. (Read More)Source link

FCC Targets AI-Generated Voice Scams Under New Proposal

FCC Chairwoman Jessica Rosenworcel proposes making AI-generated robocalls illegal under the TCPA, aiming to combat fraud and misinformation. The initiative follows incidents like misleading robocalls in New Hampshire, with broader measures to protect consumers and enhance enforcement tools for law enforcement. (Read More)Source link

Singapore Authorities Issue Warning Against Rising Cryptocurrency Malware Threats

Singapore's Police Force and Cyber Security Agency have jointly issued an advisory warning about the increased risk of cryptocurrency drainers, urging users to adopt stringent security measures. (Read More)Source link

Google’s Imagen 2 Unveiled: Revolutionizing Text-to-Image AI Technology

Google's latest updates to Bard introduce image generation, multilingual support with Gemini Pro, enhanced coding assistance, and broader accessibility, showcasing significant advancements in AI-driven creativity and user interaction. (Read More)Source link