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Proof-of-Reserve Bill Passes Senate in Texas

Proof-of-Reserve Bill Passes Senate in Texas

A proof-of-reserve bill requiring exchanges to maintain reserves “sufficient to fulfil all obligations to customers” is one step closer to becoming law in Texas. The state Senate approved the bill on May 15, awaiting only the governor’s permission. Earlier this year, the Texas House of Representatives approved House Bill 1666, which amends the Texas Finance […]

Apple Bans Employees From Using ChatGPT

Apple Denies United States Monopoly Claims in Court

Recently, Tech giant Samsung banned its users from using openAI’s ChatGPT; now, Apple has also restricted its employees from using the popular artificial intelligence (AI) chatbot ChatGPT out of data breach concerns. The Wall Street Journal reported that an internal Apple document prohibits using Microsoft-backed ChatGPT and similar artificial intelligence (AI) tools while the company […]