Governance
Top tech news stories today: September 12, 2024
Fintech 1. Crypto stocks fall as bets on Harris win rise after debate, Swift support U.S. cryptocurrency shares fell in early trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival and crypto supporter Donald Trump on the defensive in a combative presidential debate. …
Headline
Fintech 1. Crypto stocks fall as bets on Harris win rise after debate, Swift support U.S. cryptocurrency shares fell in early trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival and crypto supporter Donald Trump on the defensive in a combative…
Context
U.S. cryptocurrency shares fell in early trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival and crypto supporter Donald Trump on the defensive in a combative presidential debate. ( Investing ) India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country’s tough regulatory stance and steep trading taxes, a report from blockchain analytics company Chainalysis showed on Wednesday. ( Economic Times )
Evidence
Pending intelligence enrichment.
Analysis
Former cryptocurrency executive Caroline Ellison urged a federal judge not to send her to prison after she pleaded guilty over her role in the theft of $8 billion from customers of Sam Bankman-Fried’s bankrupt FTX exchange. ( MSN ) The U.S. government is considering allowing Nvidia to export advanced chips to Saudi Arabia, which would help the country train and run the most powerful AI models, Semafor reported on Wednesday, citing people familiar with the matter. ( Reuters ) Britain’s data centres will be classified “critical national infrastructure”, the government said on Thursday, giving the servers and I.T. systems that underpin the country’s communications extra protection from cyber attacks. ( US news ) A federal judge on Tuesday temporarily blocked a Utah law designed to regulate social-media access for minors, dealing a blow to state Republicans’ legislative efforts to protect the mental health of children from addictive algorithms. ( NationalReview )
Key Points
- Fintech
- 1. Crypto stocks fall as bets on Harris win rise after debate, Swift support
- 2. India leads in crypto adoption for second straight year, report shows
- 3. Bankman-Fried’s ex-girlfriend Ellison urges judge to spare her prison for FTX fraud
- IT infrastructure
Actions
Pending intelligence enrichment.
