Binance’s Awareness of Criminal Users in U.S. Case Revealed

Changpeng Zhao, Binance company employees knew that some users were criminals and thwarted attempts to stop them. FinCEN says Binance tried to keep them from knowing about user violations and paid heavy fines. Binance reached out to Hamas and Islamic State. Binance’s actions violate the Bank Secrecy Act. US laws were not a concern during Binance’s “hypergrowth” phase. Crypto salons don’t discuss Binance, making it seem like “old news.”

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Unlikely Industry Player Anguilla Profits Big from A.I. Boom

Artificial intelligence’s integration into everyday life has stirred up doubts and unsettling questions for many about humanity’s path forward. But in Anguilla, a tiny Caribbean island to the east of Puerto Rico, the A.I. boom has made the country a fortune. The British territory collects a fee from every registration for internet addresses that end […]

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China Surpasses U.S. in A.I. Talent: A Key Metric

China lags behind the United States in artificial intelligence that powers chatbots like ChatGPT but excels in producing scientists behind new humanoid technologies. New research reveals that China has surpassed the United States as the biggest producer of A.I. talent. The country generates almost half the world’s top A.I. researchers, compared to 18 percent from […]

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Brands Brace for Impact as TikTok Faces Criticism

Amid debate in Washington over whether TikTok should be banned if its Chinese owner doesn’t sell it, one group is watching with particular interest: the many brands — particularly in the beauty, skin care, fashion, and health and wellness industries — that have used the video app to boost their sales. Youthforia, a makeup brand […]

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